Zimmer Biomet Holdings, Inc. (ZBH)

NYSE: ZBH · IEX Real-Time Price · USD
121.04
+1.07 (0.89%)
May 15, 2024, 10:09 AM EDT - Market open
0.89%
Market Cap 24.91B
Revenue (ttm) 7.45B
Net Income (ttm) 963.90M
Shares Out 205.73M
EPS (ttm) 4.61
PE Ratio 26.02
Forward PE 14.48
Dividend $0.96 (0.79%)
Ex-Dividend Date Jun 26, 2024
Volume 80,787
Open 120.58
Previous Close 119.97
Day's Range 120.48 - 121.15
52-Week Range 102.00 - 147.50
Beta 1.03
Analysts Buy
Price Target 138.53 (+14.45%)
Earnings Date May 2, 2024

About ZBH

Zimmer Biomet Holdings, Inc., together with its subsidiaries, operates as a medical technology company worldwide. The company designs, manufactures, and markets orthopedic reconstructive products, such as knee and hip products; S.E.T. products, including sports medicine, biologics, foot and ankle, extremities, and trauma products; craniomaxillofacial and thoracic products comprising face and skull reconstruction products, as well as products that fixate and stabilize the bones of the chest to facilitate healing or reconstruction after open hear... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1927
Employees 18,000
Stock Exchange NYSE
Ticker Symbol ZBH
Full Company Profile

Financial Performance

In 2023, ZBH's revenue was $7.39 billion, an increase of 6.55% compared to the previous year's $6.94 billion. Earnings were $1.02 billion, an increase of 342.52%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for ZBH stock is "Buy." The 12-month stock price forecast is $138.53, which is an increase of 14.45% from the latest price.

Price Target
$138.53
(14.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Zimmer Biomet Announces Quarterly Dividend for Second Quarter of 2024

WARSAW, Ind. , May 13, 2024 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that its Board of Directors has approved the payment o...

2 days ago - PRNewsWire

Zimmer Biomet Publishes 2023 Sustainability Report

Sustainability report highlights progress in product quality and safety, environmental and greenhouse gas emissions goals, and team member engagement and development WARSAW, Ind. , May 6, 2024 /PRNews...

9 days ago - PRNewsWire

Zimmer Biomet beats Q1 profit estimates on robust demand for knee, hip devices

Medtech firm Zimmer Biomet Holdings beat Wall Street estimates for first-quarter profit on Thursday, on the back of robust demand for its devices that are used in knee and hip reconstruction procedure...

13 days ago - Reuters

Zimmer Biomet Announces First Quarter 2024 Financial Results

First quarter net sales of $1.889 billion increased 3.2% and 4.4% on a constant currency1 basis First quarter diluted earnings per share were $0.84; adjusted1 diluted earnings per share were $1.94 Com...

13 days ago - PRNewsWire

3 Good Stocks to Buy with Your Tax Refund in 2024 (Or with Any Extra Money)

#Morningstar  #ComcastStock #StockInvesting The stocks of these high-quality companies with predictable cash flows look undervalued today. 00:00 Introduction 00:49 Comcast CMCSA 01:19 U.S. Bancorp USB...

Other symbols: CMCSAUSB
14 days ago - Morningstar

Zimmer Biomet Becomes First and Only Official Medical Device Partner of Association of Pickleball Players, Professional Pickleball Association, and USA Pickleball

-- Zimmer Biomet Brings Joint Health  Education and the Importance of Movement to America's Fastest-Growing Sport, Engaging the 48.3 Million Players, Fans of the Sport, and Raising Awareness as a Trus...

5 weeks ago - PRNewsWire

Zimmer Biomet Announces Webcast and Conference Call of First Quarter 2024 Financial Results

WARSAW, Ind. , April 3, 2024 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today announced its first quarter earnings conference call will be webcast on Thursday, May 2, 2024 at 8:3...

6 weeks ago - PRNewsWire

Zimmer Biomet Receives FDA Clearance for ROSA® Shoulder System - the World's First Robotic Assistant for Shoulder Replacement Surgery

The ROSA® Shoulder System Becomes the First-to-Market Robotic Surgical Assistant for Shoulder Arthroplasty and the Fourth ROSA Robotics Application in Five Years WARSAW, Ind., Feb. 22, 2024 /PRNewswir...

2 months ago - PRNewsWire

Zimmer Biomet Announces Quarterly Dividend for First Quarter of 2024

WARSAW, Ind. , Feb. 21, 2024 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that its Board of Directors has approved the payment ...

3 months ago - PRNewsWire

Zimmer Biomet Signs Global Health Equity Network's Zero Health Gaps Pledge and Expands Longstanding Commitment to Advancing Health Equity

-- Company's Recently Established Health Equity Division Leads Efforts to Address Disparities in Health Access and Outcomes --  WARSAW, Ind. , Feb. 12, 2024 /PRNewswire/ -- Zimmer Biomet Holdings, Inc...

3 months ago - PRNewsWire

Zimmer Biomet Showcases Latest Innovations Across Comprehensive Portfolio at AAOS 2024 Annual Meeting

-- Booth Highlights Include Persona® OsseoTi® Keel Tibia, a Preview of ROSA® Shoulder*, Pending 510(k) Clearance, and the HAMMR™ Automatic Hip Impaction System-- WARSAW, Ind. , Feb. 12, 2024 /PRNewswi...

3 months ago - PRNewsWire

Zimmer Biomet forecasts upbeat 2024 profit on steady medical devices demand

Zimmer Biomet Holdings Inc forecast 2024 profit above Wall Street expectations on Thursday, betting on resilient demand for its medical devices, and said it had initiated a restructuring program late ...

3 months ago - Reuters

Zimmer Biomet Announces Fourth Quarter and Full-Year 2023 Financial Results

Fourth quarter net sales of $1.940 billion increased 6.3% and 6.1% on a constant currency1 basis Fourth quarter diluted earnings per share were $2.01; adjusted1 diluted earnings per share were $2.20 F...

3 months ago - PRNewsWire

Final Trades: Zimmer Holdings, Costco and Blackstone

"Halftime Report" Investment Committee members Jason Snipe, Joe Terranova and Stephanie Link give their top picks to watch for the second half.

Other symbols: BXCOST
3 months ago - CNBC Television

Zimmer Biomet Announces Webcast and Conference Call of Fourth Quarter 2023 Financial Results

WARSAW, Ind. , Jan. 16, 2024 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today announced its fourth quarter earnings conference call will be webcast on Thursday, February 8, 2024 ...

4 months ago - PRNewsWire

Zimmer Biomet Announces Appointment of Louis A. Shapiro to Board of Directors

WARSAW, Ind. , Jan. 5, 2024 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that Louis A.

4 months ago - PRNewsWire

Ozempic and other weight-loss drugs' popularity set these stocks up for big gains

Investors have such high hopes for popular weight-loss medications like Wegovy and Ozempic, the wonder drugs have sent shock waves through the stock market.

4 months ago - Market Watch

Zimmer Biomet to Present at the 42nd Annual J.P. Morgan Healthcare Conference

WARSAW, Ind. , Dec. 19, 2023 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that members of the Zimmer Biomet management team wil...

5 months ago - PRNewsWire

Zimmer Biomet Announces Quarterly Dividend for Fourth Quarter of 2023

WARSAW, Ind. , Dec. 14, 2023 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that its Board of Directors has approved the payment ...

5 months ago - PRNewsWire

Zimmer Biomet to Present at the 2023 Piper Sandler Healthcare Conference

WARSAW, Ind. , Nov. 16, 2023 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that members of the Zimmer Biomet management team wil...

6 months ago - PRNewsWire

Zimmer Biomet beats quarterly profit estimates on knee procedure strength

Zimmer Biomet Holdings Inc on Tuesday beat Wall Street estimates for third-quarter profit, as a rebound in knee surgeries lifted demand for the medical device maker's products.

6 months ago - Reuters

Zimmer Biomet Announces Third Quarter 2023 Financial Results

Third quarter net sales of $1.754 billion increased 5.0% and 4.7% on a constant currency1 basis Third quarter diluted earnings per share were $0.77; adjusted1 diluted earnings per share were $1.65 The...

6 months ago - PRNewsWire

These healthcare stocks should come to life as boomers live their golden years

Baby boomers: Love ‘em or hate ‘em, the juggernaut generation changes every aspect of life it steamrolls through. Now it's doing the same to healthcare.

Other symbols: AZNSTAA
7 months ago - Market Watch

6 Medical Device Stocks Primed to Bounce Back

Some investors have worried that new weight-loss drugs could undermine demand for some medical devices.

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7 months ago - Barrons

What other industries could weight loss drugs disrupt?

Jared Holz, Mizuho health care sector strategist, joins the ‘Fast Money' traders to discuss Novo Nordisj's kidney trial outcomes and the impact of weight loss drugs on the health care sector.

7 months ago - CNBC Television