ZimVie (NASDAQ:ZIMV - Get Free Report)'s stock had its "hold" rating reiterated by Needham & Company LLC in a report issued on Thursday, MarketBeat Ratings reports.
ZimVie Stock Up 1.0 %
Shares of NASDAQ:ZIMV opened at $12.65 on Thursday. ZimVie has a 52 week low of $11.41 and a 52 week high of $22.40. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.38 and a current ratio of 1.94. The company has a market cap of $350.11 million, a PE ratio of -0.96 and a beta of 2.10. The firm has a 50 day simple moving average of $13.57 and a 200 day simple moving average of $14.48.
ZimVie (NASDAQ:ZIMV - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.02. ZimVie had a positive return on equity of 2.90% and a negative net margin of 77.31%. The business had revenue of $111.52 million for the quarter, compared to the consensus estimate of $113.67 million. As a group, research analysts expect that ZimVie will post 0.6 earnings per share for the current year.
Institutional Investors Weigh In On ZimVie
Several institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC lifted its stake in ZimVie by 15.7% in the 4th quarter. SG Americas Securities LLC now owns 11,110 shares of the company's stock valued at $155,000 after acquiring an additional 1,508 shares in the last quarter. EMC Capital Management lifted its position in shares of ZimVie by 47.0% in the fourth quarter. EMC Capital Management now owns 13,802 shares of the company's stock worth $193,000 after purchasing an additional 4,414 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in ZimVie by 17.8% during the fourth quarter. Wells Fargo & Company MN now owns 17,037 shares of the company's stock worth $238,000 after purchasing an additional 2,569 shares during the last quarter. Principal Financial Group Inc. acquired a new position in ZimVie during the third quarter worth $275,000. Finally, Integrated Quantitative Investments LLC bought a new position in ZimVie in the fourth quarter valued at $248,000. 95.63% of the stock is owned by institutional investors.
ZimVie Company Profile
(
Get Free Report)
ZimVie Inc, together with its subsidiaries, develops, manufactures, and markets a portfolio of products and solutions designed to treat various spine pathologies, and support dental tooth replacement and restoration procedures worldwide. It operates through two segments, The Dental Segment and The Spine Segment.
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