Zimvie Inc Stock Analysis
| ZIMV Stock | USD 13.87 0.28 1.98% |
ZimVie Inc is overvalued with Real Value of 13.39 and Target Price of 11.0. The main objective of ZimVie stock analysis is to determine its intrinsic value, which is an estimate of what ZimVie Inc is worth, separate from its market price. There are two main types of ZimVie's stock analysis: fundamental analysis and technical analysis.
The ZimVie stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. ZimVie is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. ZimVie Stock trading window is adjusted to America/New York timezone.
ZimVie |
ZimVie Stock Analysis Notes
About 93.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 0.99. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. ZimVie Inc recorded a loss per share of 2.04. The entity had not issued any dividends in recent years. ZimVie Inc., a medical technology company, develops, manufactures, and delivers a portfolio of products and solutions designed to treat a range of spine pathologies, and support dental tooth replacement and restoration procedures worldwide. ZimVie Inc. was incorporated in 2021 and is headquartered in Westminster, Colorado. Zimvie operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 2700 people. For more information please call Vafa Jamali at 303 443 7500 or visit https://www.zimvie.com.ZimVie Quarterly Total Revenue |
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ZimVie Inc Investment Alerts
| ZimVie Inc generated a negative expected return over the last 90 days | |
| ZimVie Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 457.43 M. Net Loss for the year was (56.05 M) with profit before overhead, payroll, taxes, and interest of 613.08 M. | |
| Over 93.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: ZimVie to Report Third Quarter Financial Results on October 30, 2024 |
ZimVie Inc Upcoming and Recent Events
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
ZimVie Largest EPS Surprises
Earnings surprises can significantly impact ZimVie's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-02-28 | 2023-12-31 | 0.13 | 0.1 | -0.03 | 23 | ||
2024-08-01 | 2024-06-30 | 0.17 | 0.13 | -0.04 | 23 | ||
2023-03-01 | 2022-12-31 | 0.21 | 0.16 | -0.05 | 23 |
ZimVie Environmental, Social, and Governance (ESG) Scores
ZimVie's ESG score is a quantitative measure that evaluates ZimVie's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of ZimVie's operations that may have significant financial implications and affect ZimVie's stock price as well as guide investors towards more socially responsible investments.
ZimVie Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-06-30 | 638.4 K | Geode Capital Management, Llc | 2024-06-30 | 631.5 K | Citadel Advisors Llc | 2024-06-30 | 493 K | D. E. Shaw & Co Lp | 2024-06-30 | 457.1 K | Gamco Investors, Inc. Et Al | 2024-06-30 | 446.8 K | American Century Companies Inc | 2024-06-30 | 412.4 K | Renaissance Technologies Corp | 2024-06-30 | 406.4 K | Jacobs Levy Equity Management, Inc. | 2024-06-30 | 392.1 K | Ameriprise Financial Inc | 2024-06-30 | 292.8 K | Camber Capital Management Llc | 2024-06-30 | 3.2 M | Blackrock Inc | 2024-06-30 | 1.8 M |
ZimVie Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 390.14 M.ZimVie Profitablity
The company has Profit Margin (PM) of (0.78) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.01) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.01.| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.47) | (0.45) | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | (0.33) | (0.31) | |
| Return On Equity | (0.96) | (0.91) |
Management Efficiency
Return On Tangible Assets is likely to climb to -0.45 in 2024. Return On Capital Employed is likely to drop to -0.01 in 2024. At this time, ZimVie's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 981.2 M in 2024, whereas Total Current Assets are likely to drop slightly above 416.2 M in 2024. ZimVie's management efficiency ratios could be used to measure how well ZimVie manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 15.48 | 14.71 | |
| Tangible Book Value Per Share | 1.25 | 1.19 | |
| Enterprise Value Over EBITDA | 8.33 | 7.89 | |
| Price Book Value Ratio | 1.15 | 1.20 | |
| Enterprise Value Multiple | 8.33 | 7.89 | |
| Price Fair Value | 1.15 | 1.20 |
ZimVie Inc has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Operating Margin (0.01) | Profit Margin (0.78) | Beta 1.972 | Return On Assets (0) | Return On Equity (0.1) |
Technical Drivers
As of the 26th of October, ZimVie maintains the Standard Deviation of 2.96, mean deviation of 2.1, and Market Risk Adjusted Performance of (0.25). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of ZimVie Inc, as well as the relationship between them. Please check out ZimVie Inc market risk adjusted performance and treynor ratio to decide if ZimVie Inc is priced fairly, providing market reflects its latest price of 13.87 per share. Given that ZimVie Inc has information ratio of (0.24), we strongly advise you to confirm ZimVie Inc's prevalent market performance to make sure the company can sustain itself at a future point.ZimVie Inc Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ZimVie middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ZimVie Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ZimVie Inc Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ZimVie insiders, such as employees or executives, is commonly permitted as long as it does not rely on ZimVie's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ZimVie insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
ZimVie Outstanding Bonds
ZimVie issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ZimVie Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ZimVie bonds can be classified according to their maturity, which is the date when ZimVie Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
ZimVie Predictive Daily Indicators
ZimVie intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ZimVie stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 15479.03 | |||
| Daily Balance Of Power | (0.36) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 14.26 | |||
| Day Typical Price | 14.13 | |||
| Price Action Indicator | (0.53) | |||
| Period Momentum Indicator | (0.28) | |||
| Relative Strength Index | 32.41 |
ZimVie Corporate Filings
13A | 4th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 2nd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 12th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 6th of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 1st of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 2nd of July 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
| 24th of May 2024 Other Reports | ViewVerify | |
F4 | 17th of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
ZimVie Forecast Models
ZimVie's time-series forecasting models are one of many ZimVie's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ZimVie's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ZimVie Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how ZimVie prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ZimVie shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ZimVie. By using and applying ZimVie Stock analysis, traders can create a robust methodology for identifying ZimVie entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.11) | (0.12) | |
| Operating Profit Margin | (0.02) | (0.03) | |
| Net Loss | (0.86) | (0.82) | |
| Gross Profit Margin | 0.58 | 0.70 |
Current ZimVie Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ZimVie analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ZimVie analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 11.0 | Buy | 3 | Odds |
Most ZimVie analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ZimVie stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ZimVie Inc, talking to its executives and customers, or listening to ZimVie conference calls.
ZimVie Stock Analysis Indicators
ZimVie Inc stock analysis indicators help investors evaluate how ZimVie stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ZimVie shares will generate the highest return on investment. By understating and applying ZimVie stock analysis, traders can identify ZimVie position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 68.3 M | |
| Long Term Debt | 508.8 M | |
| Common Stock Shares Outstanding | 26.5 M | |
| Total Stockholder Equity | 409.5 M | |
| Tax Provision | -21.1 M | |
| Property Plant And Equipment Net | 54.2 M | |
| Cash And Short Term Investments | 71.5 M | |
| Cash | 71.5 M | |
| Accounts Payable | 27.8 M | |
| Net Debt | 450.4 M | |
| 50 Day M A | 16.2006 | |
| Total Current Liabilities | 173.6 M | |
| Other Operating Expenses | 468.7 M | |
| Non Current Assets Total | 722.5 M | |
| Forward Price Earnings | 7.6511 | |
| Non Currrent Assets Other | 291.8 M | |
| Stock Based Compensation | 27 M |
Additional Tools for ZimVie Stock Analysis
When running ZimVie's price analysis, check to measure ZimVie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ZimVie is operating at the current time. Most of ZimVie's value examination focuses on studying past and present price action to predict the probability of ZimVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZimVie's price. Additionally, you may evaluate how the addition of ZimVie to your portfolios can decrease your overall portfolio volatility.