Zimmer Biomet Holdings Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 32 out of 205 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 102.34.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Zimmer Biomet Holdings Inc is 8.64, ranking 35 out of 205 in the Healthcare Equipment & Supplies industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 2.00B, representing a year-over-year increase of 9.71%, while its net profit experienced a year-over-year increase of 7.31%.
Key Metrics
The current valuation score of Zimmer Biomet Holdings Inc is 7.64, ranking 71 out of 205 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is 22.18, which is 434.68% below the recent high of 118.60 and 12.82% above the recent low of 19.34.
The current earnings forecast score of Zimmer Biomet Holdings Inc is 6.60, ranking 165 out of 205 in the Healthcare Equipment & Supplies industry. The average price target is 100.00, with a high of 125.00 and a low of 88.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Zimmer Biomet Holdings Inc is 6.76, ranking 87 out of 205 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 94.35 and the support level at 85.03, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Zimmer Biomet Holdings Inc is 10.00, ranking 1 out of 205 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 101.82%, representing a quarter-over-quarter increase of 1.37%. The largest institutional shareholder is The Vanguard, holding a total of 23.37M shares, representing 11.79% of shares outstanding, with 1.61% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Zimmer Biomet Holdings Inc is 7.50, ranking 39 out of 205 in the Healthcare Equipment & Supplies industry. The company's beta value is 0.61. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Zimmer Biomet Holdings Inc’s latest ESG disclosure leads the Healthcare Equipment & Supplies industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
