In the latest trading session,, 1.04 million ZimVie Inc (NASDAQ:ZIMV) shares changed hands as the company’s beta touched 2.03. With the company’s most recent per share price at $18.76 changing hands around $0.03 or 0.17% at last look, the market valuation stands at $523.84M. ZIMV’s current price is a discount, trading about -18.23% off its 52-week high of $22.18. The share price had its 52-week low at $8.15, which suggests the last value was 56.56% up since then. When we look at ZimVie Inc’s average trading volume, we note the 10-day average is 1.4 million shares, with the 3-month average coming to 350.25K.
Analysts gave the ZimVie Inc (ZIMV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.33. If we narrow down to specifics, the data shows that 1 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ZIMV as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. ZimVie Inc’s EPS for the current quarter is expected to be 0.21.
ZimVie Inc (NASDAQ:ZIMV) trade information
Instantly ZIMV is in green as seen in intraday trades today. With action 115.15%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -14.02%, with the 5-day performance at 115.15% in the green. However, in the 30-day time frame, ZimVie Inc (NASDAQ:ZIMV) is 116.89% up. Looking at the short shares, we see there were 0.6 million shares sold at short interest cover period of 4.56 days.
The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need a downside of -87.6% from its recent market value. According to analyst projections, ZIMV’s forecast low is 10 with 10 as the target high. To hit the forecast high, the stock’s price needs a 46.7% surge from its current level, while the stock would need to tank 46.7% for it to hit the projected low.
ZimVie Inc (ZIMV) estimates and forecasts
Year-over-year growth is forecast to reach -0.12% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 112.85M. 2 analysts are of the opinion that ZimVie Inc’s revenue for the current quarter will be 109.65M. The company’s revenue for the corresponding quarters a year ago was 116.81M and 103.22M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.39%. The estimates for the next quarter sales put growth at 6.23%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -4.63%. The 2025 estimates are for ZimVie Inc earnings to increase by 37.53%, but the outlook for the next 5-year period is at 8.44% per year.
ZIMV Dividends
ZimVie Inc is expected to release its next quarterly earnings report on 2025-May-08.
ZimVie Inc (NASDAQ:ZIMV)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.60% of ZimVie Inc shares while 83.52% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 85.75%. There are 83.52% institutions holding the ZimVie Inc stock share, with CAMBER CAPITAL MANAGEMENT LP the top institutional holder. As of 2024-06-30, the company held 11.8591% of the shares, roughly 3.25 million ZIMV shares worth $59.31 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.6531% or 1.82 million shares worth $33.27 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 862.53 shares estimated at $16.19 million under it, the former controlled 3.10% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.45% of the shares, roughly 683.4 shares worth around $12.83 million.
