Zimmer Biomet Holdings, Inc. (ZBH)
NYSE: ZBH · IEX Real-Time Price · USD
120.85
-0.58 (-0.48%)
May 8, 2024, 4:00 PM EDT - Market closed
Zimmer Biomet Holdings Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for ZBH stock have an average target of 138.53, with a low estimate of 120 and a high estimate of 172. The average target predicts an increase of 14.63% from the current stock price of 120.85.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ZBH stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 7 | 6 | 6 | 6 | 5 | 5 |
| Hold | 9 | 9 | 10 | 10 | 9 | 8 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 20 | 19 | 20 | 20 | 17 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $137 → $130 | Hold | Maintains | $137 → $130 | +7.57% | May 3, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $150 → $155 | Buy | Maintains | $150 → $155 | +28.26% | May 3, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 2, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $125 → $130 | Hold | Maintains | $125 → $130 | +7.57% | Apr 4, 2024 |
| Citigroup | Citigroup | Hold Maintains $134 → $140 | Hold | Maintains | $134 → $140 | +15.85% | Apr 3, 2024 |
Financial Forecast
Revenue This Year
7.83B
from 7.39B
Increased by 5.92%
Revenue Next Year
8.20B
from 7.83B
Increased by 4.71%
EPS This Year
8.14
from 4.88
Increased by 66.74%
EPS Next Year
8.77
from 8.14
Increased by 7.77%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.2B | 8.7B | 9.2B | 9.4B | 9.8B |
| Avg | 7.8B | 8.2B | 8.6B | 8.7B | 9.5B |
| Low | 7.5B | 7.8B | 8.2B | 8.2B | 9.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.8% | 11.1% | 12.2% | 9.4% | 12.4% |
| Avg | 5.9% | 4.7% | 4.4% | 2.1% | 8.1% |
| Low | 1.6% | -0.4% | -0.5% | -3.9% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.54 | 9.36 | 10.46 | 10.37 | 10.99 |
| Avg | 8.14 | 8.77 | 9.46 | 9.62 | 10.57 |
| Low | 7.69 | 8.10 | 8.83 | 8.98 | 10.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 74.9% | 15.0% | 19.3% | 9.7% | 14.3% |
| Avg | 66.7% | 7.8% | 7.8% | 1.7% | 10.0% |
| Low | 57.6% | -0.4% | 0.7% | -5.1% | 6.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.