Witnessing the stock’s movement on the chart, on Wednesday, Zimmer Biomet Holdings Inc (NYSE: ZBH) had a quiet start as it plunged -1.51% to $109.27, before settling in for the price of $110.95 at the close. Taking a more long-term approach, ZBH posted a 52-week range of $101.47-$133.90.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was -1.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 5.85%. This publicly-traded company’s shares outstanding now amounts to $205.60 million, simultaneously with a float of $198.80 million. The organization now has a market capitalization sitting at $21.75 billion. At the time of writing, stock’s 50-day Moving Average stood at $106.64, while the 200-day Moving Average is $114.51.
Zimmer Biomet Holdings Inc (ZBH) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Medical Devices industry. Zimmer Biomet Holdings Inc’s current insider ownership accounts for 0.14%, in contrast to 92.87% institutional ownership. According to the most recent insider trade that took place on May 31 ’24, this organization’s Group President, Asia Pacific sold 12,857 shares at the rate of 114.69, making the entire transaction reach 1,474,582 in total value, affecting insider ownership by 5,322. Preceding that transaction, on Mar 07 ’24, Company’s Group President, Asia Pacific sold 1,705 for 126.86, making the whole transaction’s value amount to 216,296. This particular insider is now the holder of 18,179 in total.
Zimmer Biomet Holdings Inc (ZBH) Earnings and Revenue Records
Zimmer Biomet Holdings Inc’s EPS increase for this current 12-month fiscal period is 5.85% and is forecasted to reach 8.59 in the upcoming year.
Zimmer Biomet Holdings Inc (NYSE: ZBH) Trading Performance Indicators
Let’s observe the current performance indicators for Zimmer Biomet Holdings Inc (ZBH). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 2.25. Alongside those numbers, its PE Ratio stands at $20.82, and its Beta score is 1.02. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.86. Similarly, its price to free cash flow for trailing twelve months is now 19.79.
In the same vein, ZBH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.25, a figure that is expected to reach 2.30 in the next quarter, and analysts are predicting that it will be 8.59 at the market close of one year from today.
Technical Analysis of Zimmer Biomet Holdings Inc (ZBH)
Going through the that latest performance of [Zimmer Biomet Holdings Inc, ZBH]. Its last 5-days volume of 1.9 million indicated improvement to the volume of 1.5 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 49.51% While, its Average True Range was 2.30.
Raw Stochastic average of Zimmer Biomet Holdings Inc (ZBH) in the period of the previous 100 days is set at 51.18%, which indicates a major rise in contrast to 28.71% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 20.81% that was lower than 25.34% volatility it exhibited in the past 100-days period.
