Zimmer Biomet Holdings, Inc., together with its subsidiaries, operates as a medical technology company worldwide. The company designs, manufactures, and markets orthopedic reconstructive products, such as knee and hip products; S.E.T. products, including sports medicine, biologics, foot and ankle, extremities, and trauma products; craniomaxillofacial and thoracic products comprising face and skull reconstruction products, as well as products that fixate and stabilize the bones of the chest to facilitate healing or reconstruction after open heart surgery, trauma, or for deformities of the chest. It also offers robotic, surgical, and bone cement products. The company’s products and solutions are used to treat patients suffering from disorders of, or injuries to, bones, joints, or supporting soft tissues. It serves orthopedic surgeons, neurosurgeons, hospitals, stocking distributors, healthcare dealers, and other specialists, as well as agents, healthcare purchasing organizations, or buying groups. The company was formerly known as Zimmer Holdings, Inc. and changed its name to Zimmer Biomet Holdings, Inc. in June 2015. Zimmer Biomet Holdings, Inc. was founded in 1927 and is headquartered in Warsaw, Indiana.
Ambitious Growth Plan | Zimmer Biomet's Long Range Plan aims to outpace market growth, expand margins, and drive EPS growth, setting ambitious targets for 2024-2027 |
ERP Hurdles | Explore the challenges Zimmer Biomet faces with its ERP system transition, potentially impacting revenue by 1% and testing operational resilience |
M&A-Driven Expansion | Learn about Zimmer Biomet's $5-6 billion M&A budget, a key strategy for portfolio expansion and market penetration in the medical device industry |
Analyst Perspectives | Analysts offer mixed views on Zimmer Biomet's outlook, with price targets ranging from $125 to $140, reflecting both optimism and caution |
Metrics to compare | ZBH | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipZBHPeersSector | |
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P/E Ratio | 20.3x | −8.4x | −0.7x | |
PEG Ratio | 0.15 | 0.02 | 0.00 | |
Price/Book | 1.8x | 4.2x | 2.6x | |
Price / LTM Sales | 2.9x | 2.9x | 3.2x | |
Upside (Analyst Target) | 12.0% | 36.2% | 46.4% | |
Fair Value Upside | Unlock | 4.3% | 6.9% | Unlock |