NASDAQ:WMGI - Wright Medical Group Stock Price, News, & Analysis

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$26.91 +0.25 (+0.94 %)
(As of 12/19/2018 03:25 AM ET)
Previous Close$26.66
Today's Range$26.73 - $27.41
52-Week Range$19.01 - $30.75
Volume1.12 million shs
Average Volume1.25 million shs
Market Capitalization$3.44 billion
P/E Ratio-122.32
Dividend YieldN/A
Beta1.15
Wright Medical Group N.V., a medical device company, designs, manufactures, markets, and sells extremities and biologics products. The company offers joint implants and bone fixation devices for the shoulder, elbow, wrist, hand, foot, and ankle; and biologics products that are used for supporting the treatment of damaged or diseased bones, tendons, and soft tissues, as well as to stimulate bone growth. It also provides sports medicines and other products to mechanically repair tissue-to-tissue or tissue-to-bone injuries, as well as other ancillary products. The company primarily offers its products to orthopaedic, trauma, and podiatric surgeons. It markets and sells its products through direct sales representatives and independent sales agencies in the United States, as well as direct sales offices and distributors in approximately 50 countries. The company was founded in 1999 and is headquartered in Amsterdam, the Netherlands.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Surgical appliances & supplies
Sub-IndustryHealth Care Equipment
SectorMedical
Current SymbolNASDAQ:WMGI
Previous Symbol
CUSIPN8723710
Phone31-20-521-4777

Debt

Debt-to-Equity Ratio0.61
Current Ratio1.24
Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio-122.32
Forward P/E Ratio-384.43
P/E GrowthN/A

Sales & Book Value

Annual Sales$744.99 million
Price / Sales4.52
Cash Flow$1.0434 per share
Price / Cash Flow25.79
Book Value$5.57 per share
Price / Book4.83

Profitability

EPS (Most Recent Fiscal Year)($0.22)
Net Income$-202,590,000.00
Net Margins-13.07%
Return on Equity-0.60%
Return on Assets-0.17%

Miscellaneous

Employees2,675
Outstanding Shares125,080,000
Market Cap$3.44 billion
OptionableOptionable

Wright Medical Group (NASDAQ:WMGI) Frequently Asked Questions

What is Wright Medical Group's stock symbol?

Wright Medical Group trades on the NASDAQ under the ticker symbol "WMGI."

How often does Wright Medical Group pay dividends? What is the dividend yield for Wright Medical Group?

Wright Medical Group announced a dividend on Tuesday, December 11th. Stockholders of record on Wednesday, December 5th will be paid a dividend of $1.50 per share on Monday, December 10th. The ex-dividend date of this dividend is Wednesday, December 12th. View Wright Medical Group's Dividend History.

How were Wright Medical Group's earnings last quarter?

Wright Medical Group NV (NASDAQ:WMGI) released its earnings results on Wednesday, November, 7th. The medical device company reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.15) by $0.06. The medical device company had revenue of $194.11 million for the quarter, compared to the consensus estimate of $186.09 million. Wright Medical Group had a negative net margin of 13.07% and a negative return on equity of 0.60%. The firm's revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.16) earnings per share. View Wright Medical Group's Earnings History.

When is Wright Medical Group's next earnings date?

Wright Medical Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Wright Medical Group.

How can I listen to Wright Medical Group's earnings call?

Wright Medical Group will be holding an earnings conference call on Tuesday, February 26th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Wright Medical Group issued on next quarter's earnings?

Wright Medical Group updated its FY18 earnings guidance on Wednesday, November, 7th. The company provided earnings per share guidance of ($0.08)-($0.03) for the period, compared to the Thomson Reuters consensus estimate of ($0.15). The company issued revenue guidance of $825-828 million, compared to the consensus revenue estimate of $827.65 million.Wright Medical Group also updated its FY 2018 guidance to $-0.08--0.03 EPS.

What price target have analysts set for WMGI?

15 equities research analysts have issued 12-month price targets for Wright Medical Group's stock. Their forecasts range from $25.00 to $35.00. On average, they expect Wright Medical Group's share price to reach $32.6429 in the next twelve months. This suggests a possible upside of 21.3% from the stock's current price. View Analyst Price Targets for Wright Medical Group.

What is the consensus analysts' recommendation for Wright Medical Group?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wright Medical Group in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wright Medical Group.

Has Wright Medical Group been receiving favorable news coverage?

Media coverage about WMGI stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Wright Medical Group earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned media stories about the medical device company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

Who are some of Wright Medical Group's key competitors?

Who are Wright Medical Group's key executives?

Wright Medical Group's management team includes the folowing people:
  • Mr. Robert J. Palmisano, Pres, CEO & Exec. Director (Age 73)
  • Mr. Lance A. Berry, Sr. VP & CFO (Age 46)
  • Mr. James A. Lightman, Sr. VP, Gen. Counsel & Sec. (Age 60)
  • Mr. Jason D. Asper, Sr. VP of Strategy & Corp. Devel. (Age 43)
  • Mr. Kevin D. Cordell, Pres of U.S. (Age 52)

Who are Wright Medical Group's major shareholders?

Wright Medical Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (17.57%), Vanguard Group Inc. (9.24%), Vanguard Group Inc (8.71%), BlackRock Inc. (8.43%), Capital Research Global Investors (4.34%) and Janus Henderson Group PLC (3.10%). Company insiders that own Wright Medical Group stock include David D Stevens, Elizabeth H Weatherman, Gregory Morrison, James Lightman, Jennifer S Walker, John L Miclot, Jonathan Wesley Porter, Julie Andrews, Kevin C Oboyle, Kevin D Cordell, Lance A Berry, Patrick Fisher, Peter Cooke, Richard F Wallman and Robert P Burrows III. View Institutional Ownership Trends for Wright Medical Group.

Which institutional investors are selling Wright Medical Group stock?

WMGI stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Point72 Asset Management L.P., Capital Research Global Investors, AXA, Marshall Wace North America L.P., Renaissance Technologies LLC, Gabelli Funds LLC and Eaton Vance Management. Company insiders that have sold Wright Medical Group company stock in the last year include Elizabeth H Weatherman, James Lightman, Jennifer S Walker, Julie Andrews, Kevin C Oboyle, Kevin D Cordell, Lance A Berry, Patrick Fisher, Peter Cooke and Robert P Burrows III. View Insider Buying and Selling for Wright Medical Group.

Which institutional investors are buying Wright Medical Group stock?

WMGI stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Redmile Group LLC, Marshall Wace LLP, Vanguard Group Inc, Partner Fund Management L.P., Janus Henderson Group PLC and Laurion Capital Management LP. View Insider Buying and Selling for Wright Medical Group.

How do I buy shares of Wright Medical Group?

Shares of WMGI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Wright Medical Group's stock price today?

One share of WMGI stock can currently be purchased for approximately $26.91.

How big of a company is Wright Medical Group?

Wright Medical Group has a market capitalization of $3.44 billion and generates $744.99 million in revenue each year. The medical device company earns $-202,590,000.00 in net income (profit) each year or ($0.22) on an earnings per share basis. Wright Medical Group employs 2,675 workers across the globe.

What is Wright Medical Group's official website?

The official website for Wright Medical Group is http://www.wright.com.

How can I contact Wright Medical Group?

Wright Medical Group's mailing address is PRINS BERNHARDPLEIN 200, AMSTERDAM P7, 1097 JB. The medical device company can be reached via phone at 31-20-521-4777 or via email at [email protected]


MarketBeat Community Rating for Wright Medical Group (NASDAQ WMGI)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  463 (Vote Outperform)
Underperform Votes:  442 (Vote Underperform)
Total Votes:  905
MarketBeat's community ratings are surveys of what our community members think about Wright Medical Group and other stocks. Vote "Outperform" if you believe WMGI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WMGI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/19/2018 by MarketBeat.com Staff

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