Zimvie Inc Stock Today

ZIMV Stock  USD 14.17  0.43  3.13%   

Performance

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Odds Of Distress

Over 59

 
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ZimVie is selling for under 14.17 as of the 25th of November 2024; that is 3.13 percent increase since the beginning of the trading day. The stock's lowest day price was 13.74. ZimVie has over 59 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for ZimVie Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of December 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
1st of March 2022
Category
Healthcare
Classification
Health Care
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. The company has 27.6 M outstanding shares of which 379.08 K shares are at this time shorted by private and institutional investors with about 2.54 trading days to cover. More on ZimVie Inc

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ZimVie Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentVafa Jamali
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.540.3795
Significantly Up
Very volatile
Gross Profit Margin0.720.6348
Moderately Up
Slightly volatile
Total Current Liabilities159.9 M173.6 M
Significantly Down
Slightly volatile
Non Current Liabilities Total430.3 M622.2 M
Way Down
Slightly volatile
Total Assets1.4 B1.2 B
Fairly Up
Slightly volatile
Total Current Assets416.2 M482.9 M
Fairly Down
Slightly volatile
Total Cash From Operating Activities65.8 M37.1 M
Way Up
Slightly volatile
Debt Levels
ZimVie can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ZimVie's financial leverage. It provides some insight into what part of ZimVie's total assets is financed by creditors.
Liquidity
ZimVie Inc currently holds 521.93 M in liabilities with Debt to Equity (D/E) ratio of 0.79, which is about average as compared to similar companies. ZimVie Inc has a current ratio of 2.28, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about ZimVie's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

(3.23 Million)
ZimVie Inc (ZIMV) is traded on NASDAQ Exchange in USA. It is located in 4555 Riverside Drive, Palm Beach Gardens, FL, United States, 33410 and employs 2,600 people. ZimVie is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 391.08 M. ZimVie Inc conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 27.6 M outstanding shares of which 379.08 K shares are at this time shorted by private and institutional investors with about 2.54 trading days to cover. ZimVie Inc currently holds about 130.05 M in cash with 37.15 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.99.
Check ZimVie Probability Of Bankruptcy
Ownership Allocation
ZimVie Inc retains a total of 27.6 Million outstanding shares. The majority of ZimVie outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in ZimVie Inc to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in ZimVie Inc. Please pay attention to any change in the institutional holdings of ZimVie Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check ZimVie Ownership Details

ZimVie Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
546.5 K
J. Goldman & Co Lp2024-09-30
533 K
American Century Companies Inc2024-09-30
507 K
Gamco Investors, Inc. Et Al2024-09-30
450.9 K
Morgan Stanley - Brokerage Accounts2024-06-30
408.7 K
Solas Capital Management Llc2024-09-30
400 K
Jacobs Levy Equity Management, Inc.2024-09-30
398.3 K
Renaissance Technologies Corp2024-09-30
389.2 K
Northern Trust Corp2024-09-30
315.3 K
Camber Capital Management Llc2024-09-30
2.7 M
Eversept Partners, Llc2024-09-30
2.1 M
View ZimVie Diagnostics

ZimVie Historical Income Statement

At this time, ZimVie's Interest Expense is fairly stable compared to the past year. Total Revenue is likely to climb to about 727.1 M in 2024, despite the fact that Net Interest Income is likely to grow to (31.9 M). View More Fundamentals

ZimVie Stock Against Markets

ZimVie Corporate Management

Already Invested in ZimVie Inc?

The danger of trading ZimVie Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ZimVie is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ZimVie. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ZimVie Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

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.