Is ZimVie Stock a Good Investment?
ZimVie Investment Advice | ZIMV |
- Examine ZimVie's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ZimVie's leadership team and their track record. Good management can help ZimVie navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact ZimVie's business and its evolving consumer preferences.
- Compare ZimVie's performance and market position to its competitors. Analyze how ZimVie is positioned in terms of product offerings, innovation, and market share.
- Check if ZimVie pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ZimVie's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ZimVie Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ZimVie Inc is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine ZimVie Stock
Researching ZimVie's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 92.0% 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 1.77. The entity had not issued any dividends in recent years.
To determine if ZimVie is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ZimVie's research are outlined below:
| 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 (393.28 M) with profit before overhead, payroll, taxes, and interest of 613.08 M. | |
| Over 92.0% of the company outstanding shares are owned by institutional investors |
ZimVie Quarterly Accounts Payable |
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ZimVie uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ZimVie Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ZimVie's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 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 |
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. Below are the table of largest EPS Surprises ZimVie's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-10-31 | 2024-09-30 | 0.0945 | 0.12 | 0.0255 | 26 | ||
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 | ||
2023-11-01 | 2023-09-30 | -0.02 | 0.08 | 0.1 | 500 | ||
2024-05-08 | 2024-03-31 | -0.04 | 0.08 | 0.12 | 300 | ||
2022-05-05 | 2022-03-31 | 0.3771 | 0.5 | 0.1229 | 32 | ||
2023-08-02 | 2023-06-30 | 0.03 | 0.17 | 0.14 | 466 |
Know ZimVie's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ZimVie is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ZimVie Inc backward and forwards among themselves. ZimVie's institutional investor refers to the entity that pools money to purchase ZimVie's securities or originate loans. 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 | Charles Schwab Investment Management Inc | 2024-09-30 | 546.5 K | J. Goldman & Co Lp | 2024-09-30 | 533 K | American Century Companies Inc | 2024-09-30 | 507 K | Gamco Investors, Inc. Et Al | 2024-09-30 | 450.9 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 408.7 K | Solas Capital Management Llc | 2024-09-30 | 400 K | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 398.3 K | Renaissance Technologies Corp | 2024-09-30 | 389.2 K | Northern Trust Corp | 2024-09-30 | 315.3 K | Camber Capital Management Llc | 2024-09-30 | 2.7 M | Eversept Partners, Llc | 2024-09-30 | 2.1 M |
ZimVie's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 401.01 M.Market Cap |
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ZimVie's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.47) | (0.45) | |
| Return On Capital Employed | (0.03) | (0.03) | |
| Return On Assets | (0.33) | (0.31) | |
| Return On Equity | (0.96) | (0.91) |
Determining ZimVie's profitability involves analyzing its financial statements and using various financial metrics to determine if ZimVie is a good buy. For example, gross profit margin measures ZimVie's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ZimVie's profitability and make more informed investment decisions.
ZimVie's Earnings Breakdown by Geography
Please note, the imprecision that can be found in ZimVie's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ZimVie Inc. Check ZimVie's Beneish M Score to see the likelihood of ZimVie's management manipulating its earnings.
Evaluate ZimVie's management efficiency
Return On Tangible Assets is likely to climb to -0.45 in 2024. Return On Capital Employed is likely to drop to -0.03 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 Other Current Assets are likely to drop slightly above 142.4 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 | 10.10 | 6.60 | |
| Price Book Value Ratio | 1.15 | 1.20 | |
| Enterprise Value Multiple | 10.10 | 6.60 | |
| 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.
Beta 1.996 |
Basic technical analysis of ZimVie Stock
As of the 29th of November, ZimVie maintains the Market Risk Adjusted Performance of (0.19), standard deviation of 1.9, and Mean Deviation of 1.54. 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 14.53 per share. Given that ZimVie Inc has information ratio of (0.20), 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's 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's Outstanding Corporate 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand ZimVie's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ZimVie's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (0.19) | |||
| Mean Deviation | 1.54 | |||
| Coefficient Of Variation | (753.06) | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.63 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.20) | |||
| Maximum Drawdown | 8.41 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 2.51 | |||
| Skewness | (0.51) | |||
| Kurtosis | (0.0009) |
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (0.19) | |||
| Mean Deviation | 1.54 | |||
| Coefficient Of Variation | (753.06) | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.63 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.20) | |||
| Maximum Drawdown | 8.41 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 2.51 | |||
| Skewness | (0.51) | |||
| Kurtosis | (0.0009) |
Consider ZimVie's intraday 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.
ZimVie Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | 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 |
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 |
ZimVie Stock media impact
Far too much social signal, news, headlines, and media speculation about ZimVie that are available to investors today. That information is available publicly through ZimVie media outlets and privately through word of mouth or via ZimVie internal channels. However, regardless of the origin, that massive amount of ZimVie data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ZimVie news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ZimVie relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ZimVie's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ZimVie alpha.
ZimVie Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ZimVie can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ZimVie Corporate Management
| Indraneel Kanaglekar | Senior Officer | Profile | |
| Benjamin Hutson | VP Operations | Profile | |
| Steve Rondeau | Senior Officer | Profile | |
| Michael Minette | Sr Devel | Profile | |
| Ann Vu | Quality Affairs | Profile | |
| Rebecca Whitney | Senior Spine | Profile |
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.