Zimmer Biomet Holdings is a medical device company located in Indiana, United States, which is part of the Healthcare sector, and is traded under the ticker ZBH on the NYSE exchange.
Zimmer Biomet Holdings stock last closed at $122.07, down 1.56% from the previous day, and has decreased 8.53% in one year. It has overperformed other stocks in the Medical Devices industry by 0.07 percentage points. Zimmer Biomet Holdings stock is currently +19.68% from its 52-week low of $102.00, and -18.21% from its 52-week high of $149.25.
At the moment, there are 205.08M shares of ZBH outstanding. The market cap of ZBH is $25.03B. In the last 24 hours, 1.63M ZBH shares were traded.
How to Buy Zimmer Biomet Holdings Stock
Wondering how to invest in Zimmer Biomet Holdings stock? Here's how.
Figure out where to buy Zimmer Biomet Holdings stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Zimmer Biomet Holdings stock.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Fund your brokerage account: Pick your payment method and add your details.
Evaluate Zimmer Biomet Holdings stock: The Zimmer Biomet Holdings ticker symbol is ZBH. Is Zimmer Biomet Holdings stock a good investment? Should you buy shares of ZBH? How do ZBH's underlying business fundamentals look? Do top analysts think Zimmer Biomet Holdings is a good buy? Why has ZBH's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ZBH is a good stock to buy).
Make your ZBH trade: Decide if you will purchase ZBH shares at the current market price or use a limit order to purchase ZBH stock at a specific price.
Keep an eye on your investment in ZBH: Create a watchlist to track your investment in Zimmer Biomet Holdings stock.
Step 1: Figure out where to buy Zimmer Biomet Holdings stock
You will need an online brokerage account to access the NYSE market and buy ZBH shares.
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Step 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you can buy ZBH stock today.
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Step 4: Evaluate Zimmer Biomet Holdings stock
Once you have figured out the best place to buy Zimmer Biomet Holdings stock, it's crucial to evaluate their stock prior to buying, so you truly comprehend the risk and opportunity.
Overview of key ZBH info
ZBH Price
$122.07
1w %
-5.66%
1y %
-8.53%
5y %
-2.75%
P/E
24.86x
P/B
2.01x
P/S
3.45x
PEG
1.1x
Revenue
$7.39B
Earnings
$1.02B
Fore. Rev. Growth
4.58%
Fore. Earn. Growth
22.7%
Market Cap
$25.03B
Next Earnings
May 2, 2024
Next Dividend
Apr 30, 2024
Zimmer Biomet Holdings Fundamentals
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on ZBH's stock page.
What is the fair value of ZBH stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ZBH's true value.
Using relative valuations methods:
ZBH may be undervalued based on its P/E ratio of 24.86x, relative to Medical Devices industry P/E ratio of 29.83x
ZBH could be undervalued based on its P/B ratio of 2.01x, relative to Medical Devices industry P/B ratio of 3.71x
ZBH may be overvalued based on its PEG ratio of 1.1x
You can access additional valuation analysis on ZBH's stock here.
How do ZBH Financials look?
Positive Financial Indicators:
ZBH earnings of $1.27B is not sufficient to cover its interest payments.
ZBH's operating cash flow of $1.58B allows it to safely service it's debt of $5.77B.
ZBH profit margin has gone up from 3.3% to 13.8% in the past year.
There are more short-term assets than short-term liabilities on the ZBH balance sheet.
Total ZBH debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
ZBH has a relatively high debt to equity ratio of 0.72.
There are more long-term liabilities than short-term assets on the ZBH balance sheet.
Do analysts think it's a good time to buy ZBH stock
Out of 11 sell side analysts who research ZBH, the consensus analyst rating on Zimmer Biomet Holdings is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest ZBH Analyst Forecasts
Robbie Marcus, a top 16% analyst from JP Morgan maintains ZBH with a hold rating and raises their ZBH price target from $115.00 to $125.00, on Feb 9, 2024.
Shagun Singh, a bottom 14% analyst from RBC Capital reiterates ZBH with a buy rating and maintains their ZBH price target from $140.00 to $140.00, on Feb 9, 2024.
Jayson Bedford, a top 15% analyst from Raymond James maintains ZBH with a buy rating and raises their ZBH price target from $133.00 to $137.00, on Jan 3, 2024.
Cecilia Furlong, a bottom 16% analyst from Morgan Stanley maintains ZBH with a hold rating and raises their ZBH price target from $120.00 to $125.00, on Dec 4, 2023.
David Turkaly, a bottom 4% analyst from JMP Securities maintains ZBH with a buy rating and lowers their ZBH price target from $160.00 to $140.00, on Nov 13, 2023.
Last year, ZBH earnings were $1.02B. During the last 4 year, ZBH's earnings have grown by -2.89% per year. This was slower than the Medical Devices industry average of 9.33%.
Last year, ZBH revenue was $7.39B. Over the past five year, ZBH's revenue has increased by -1.4% per year. This was slower than the Medical Devices industry average of 13.4%.
Zimmer Biomet Holdings pays a dividend of 0.79%, compared to the Medical Devices industry's average dividend yield of 1.57%. If you owned $1,000 worth of ZBH stock, you would have been paid $7.86 last year.
Zimmer Biomet Holdings dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Make your ZBH trade
You have two main options:
Market order: A market order is an order to buy or sell a stock at the best available price. Market orders are usually the easiest way to buy.
Limit order: A limit order is an order to buy or sell a stock at a specific price (or better). If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Hit the Open button and your broker will execute the order.
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How much does it cost to buy one Zimmer Biomet Holdings share?
As of Apr 16, 2024, it costs $122.07 to buy one share of Zimmer Biomet Holdings stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.082 shares of ZBH.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.