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

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$27.49 -0.03 (-0.11 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$27.52
Today's Range$27.34 - $27.67
52-Week Range$19.01 - $29.89
Volume521,266 shs
Average Volume1.12 million shs
Market Capitalization$2.93 billion
P/E Ratio-124.95
Dividend YieldN/A
Beta0.9
Wright Medical Group logoWright 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
SymbolNASDAQ:WMGI
CUSIPN8723710
Phone31-20-521-4777

Debt

Debt-to-Equity Ratio1.87
Current Ratio2.06
Quick Ratio1.57

Price-To-Earnings

Trailing P/E Ratio-124.95
Forward P/E Ratio-183.27
P/E GrowthN/A

Sales & Book Value

Annual Sales$744.99 million
Price / Sales3.93
Cash Flow$1.0651 per share
Price / Cash25.81
Book Value$5.57 per share
Price / Book4.94

Profitability

EPS (Most Recent Fiscal Year)($0.22)
Net Income$-202,590,000.00
Net Margins-24.74%
Return on Equity-1.94%
Return on Assets-0.50%

Miscellaneous

Employees2,675
Outstanding Shares106,530,000
Market Cap$2.93 billion

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 were Wright Medical Group's earnings last quarter?

Wright Medical Group NV (NASDAQ:WMGI) posted its quarterly earnings results on Wednesday, August, 8th. The medical device company reported ($0.03) earnings per share for the quarter, topping analysts' consensus estimates of ($0.06) by $0.03. The medical device company had revenue of $205.40 million for the quarter, compared to the consensus estimate of $197.20 million. Wright Medical Group had a negative return on equity of 1.94% and a negative net margin of 24.74%. The firm's revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the prior year, the business earned ($0.07) EPS. 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 Wednesday, November, 7th 2018. View Earnings Estimates for Wright Medical Group.

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

Wright Medical Group issued an update on its FY18 earnings guidance on Wednesday, August, 8th. The company provided earnings per share guidance of $(0.21)-(0.14) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.14). The company issued revenue guidance of $808-820 million, compared to the consensus revenue estimate of $811.16 million.

What price target have analysts set for WMGI?

12 Wall Street analysts have issued 12 month price targets for Wright Medical Group's shares. Their forecasts range from $25.00 to $35.00. On average, they expect Wright Medical Group's stock price to reach $30.30 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price. View Analyst Price Targets for Wright Medical Group.

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

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wright Medical Group in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wright Medical Group.

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)

Has Wright Medical Group been receiving favorable news coverage?

Headlines about WMGI stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Wright Medical Group earned a media and rumor sentiment score of 0.13 on Accern's scale. They also gave news headlines about the medical device company an impact score of 46.36 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Wright Medical Group.

Who are Wright Medical Group's major shareholders?

Wright Medical Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (15.00%), Orbimed Advisors LLC (5.94%), Point72 Asset Management L.P. (2.79%), Fisher Asset Management LLC (2.65%), Janus Henderson Group PLC (2.54%) and Voya Investment Management LLC (1.22%). 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 D Cordell, Lance A Berry, Patrick Fisher, Richard F Wallman, Robert P Burrows III and Sean Carney. View Institutional Ownership Trends for Wright Medical Group.

Which major investors are selling Wright Medical Group stock?

WMGI stock was sold by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Orbimed Advisors LLC, Renaissance Technologies LLC, Federated Investors Inc. PA, Engineers Gate Manager LP, Peregrine Capital Management LLC, California Public Employees Retirement System and Janus Henderson Group PLC. Company insiders that have sold Wright Medical Group company stock in the last year include Gregory Morrison, James Lightman, Jennifer S Walker, Julie Andrews, Kevin D Cordell, Lance A Berry, Patrick Fisher and Robert P Burrows III. View Insider Buying and Selling for Wright Medical Group.

Which major investors are buying Wright Medical Group stock?

WMGI stock was bought by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Voya Investment Management LLC, Nomura Holdings Inc., Glenmede Trust Co. NA, FMR LLC, Chicago Capital LLC, Dimensional Fund Advisors LP and Tygh Capital Management Inc.. 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 $27.51.

How big of a company is Wright Medical Group?

Wright Medical Group has a market capitalization of $2.93 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.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  441 (Vote Outperform)
Underperform Votes:  427 (Vote Underperform)
Total Votes:  868
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 8/21/2018 by MarketBeat.com Staff

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