Wright Medical Group Company Profile (NASDAQ:WMGI)

About Wright Medical Group

Wright Medical Group logoWright Medical Group, Inc. is a global specialty orthopaedic company. The Company through Wright Medical Technology, Inc. (WMT) and other subsidiaries provides extremity and biologic solutions that enable clinicians to alleviate pain and restore the patients' lifestyles. The Company operates through three segments: U.S., International and BioMimetic. The Company's business includes products that are used in foot and ankle repair, upper extremity products and biologics products, which are used to replace damaged or diseased bone, to stimulate bone growth and to provide other biological solutions for surgeons and patients. The Company's products include extremity hardware, foot and ankle hardware, upper extremity hardware and biologics.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Medical Appliances & Equipment
  • Sub-Industry: Health Care Equipment
  • Exchange: NASDAQ
  • Symbol: WMGI
  • CUSIP: N8723710
Key Metrics:
  • Previous Close: $26.86
  • 50 Day Moving Average: $25.321
  • 200 Day Moving Average: $24.043
  • 52-Week Range: $15.52 - $28.56
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 133.14
  • P/E Growth: -9.420
  • Market Cap: $2.93B
  • Outstanding Shares: 103,071,000
  • Beta: 1.06
Profitability:
  • Net Margins: -71.90%
  • Return on Equity: -6.48%
  • Return on Assets: -2.75%
Debt:
  • Debt-to-Equity Ratio: 1.03%
  • Current Ratio: 1.71%
  • Quick Ratio: 1.32%
Additional Links:
Companies Related to Wright Medical Group:

Analyst Ratings

Consensus Ratings for Wright Medical Group (NASDAQ:WMGI) (?)
Ratings Breakdown: 3 Hold Ratings, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.79)
Consensus Price Target: $26.00 (7.01% downside)

Analysts' Ratings History for Wright Medical Group (NASDAQ:WMGI)
Show:
DateFirmActionRatingPrice TargetDetails
2/22/2017Needham & Company LLCReiterated RatingHoldView Rating Details
2/22/2017Jefferies Group LLCReiterated RatingBuy$30.00View Rating Details
2/22/2017BMO Capital MarketsReiterated RatingBuy$31.00View Rating Details
1/3/2017GuggenheimDowngradeBuy -> NeutralView Rating Details
11/3/2016Barclays PLCReiterated RatingBuy$33.00View Rating Details
11/3/2016Leerink SwannReiterated RatingOutperform$27.00 -> $25.00View Rating Details
8/3/2016J P Morgan Chase & CoSet Price TargetBuy$26.00View Rating Details
7/13/2016Piper Jaffray CompaniesUpgradeNeutral -> Overweight$23.00View Rating Details
5/16/2016Robert W. BairdReiterated RatingBuyView Rating Details
5/5/2016Wells Fargo & CompanyUpgradeMarket Perform -> OutperformView Rating Details
4/11/2016Bank of America CorpInitiated CoverageBuy$23.00View Rating Details
3/23/2016Royal Bank Of CanadaLower Price TargetOutperform$29.00 -> $22.00View Rating Details
2/26/2016Northcoast ResearchReiterated RatingNeutralView Rating Details
2/22/2016Brean CapitalReiterated RatingBuy$30.00View Rating Details
11/30/2015Oppenheimer Holdings, Inc.Reiterated RatingMarket Perform$28.00 -> $24.00View Rating Details
11/4/2015Sterne Agee CRTInitiated CoverageBuy$26.00View Rating Details
10/12/2015William BlairReiterated RatingOutperformView Rating Details
9/2/2015Northland SecuritiesReiterated RatingBuy$32.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Wright Medical Group (NASDAQ:WMGI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
2/21/2017Q416($0.11)($0.06)$183.59 million$193.02 millionViewListenView Earnings Details
11/2/2016Q316($0.20)($0.19)$157.64 million$157.30 millionViewN/AView Earnings Details
8/2/2016Q216($0.22)($0.11)$172.81 million$170.00 millionViewN/AView Earnings Details
5/4/2016Q116($0.25)($0.06)$170.95 million$181.02 millionViewN/AView Earnings Details
2/23/2016Q415($0.33)($0.08)$165.99 million$177.00 millionViewListenView Earnings Details
11/4/2015Q315($0.42)($0.51)$78.10 million$80.14 millionViewListenView Earnings Details
8/5/2015Q2($0.14)($0.19)$85.16 million$83.22 millionViewN/AView Earnings Details
7/29/2015Q2($0.48)($0.53)$77.55 million$80.42 millionViewListenView Earnings Details
5/5/2015($0.05)($0.07)$90.20 million$88.09 millionViewN/AView Earnings Details
4/29/2015Q115($0.45)($0.51)$74.98 million$77.90 millionViewListenView Earnings Details
2/24/2015($0.12)($0.06)ViewN/AView Earnings Details
2/25/2015Q414($0.27)($0.25)$84.10 million$83.30 millionViewListenView Earnings Details
11/6/2014Q3 14($0.19)($0.20)$76.70 million$76.70 millionViewN/AView Earnings Details
11/5/2014Q314($0.34)($0.35)$73.00 million$71.30 millionViewListenView Earnings Details
8/7/2014Q214($0.16)($0.20)$79.40 million$86.85 millionViewN/AView Earnings Details
8/5/2014Q214($0.45)($0.48)$74.17 million$72.40 millionViewListenView Earnings Details
5/6/2014Q114($0.14)($0.11)$80.41 million$89.00 millionViewN/AView Earnings Details
4/30/2014Q114($0.42)($0.34)$69.49 million$71.10 millionViewListenView Earnings Details
2/20/2014Q413($0.15)($0.22)$76.21 million$83.40 millionViewN/AView Earnings Details
2/24/2014Q413($0.18)($0.17)$64.98 million$67.80 millionViewListenView Earnings Details
11/5/2013Q313($0.14)($0.18)$70.64 million$66.70 millionViewN/AView Earnings Details
11/4/2013Q313($0.18)($0.18)$56.30 million$57.64 millionViewListenView Earnings Details
8/6/2013Q2 2013($0.14)($0.28)$77.20 million$78.10 millionViewN/AView Earnings Details
8/5/2013Q2 2013($0.13)($0.13)$122.55 million$60.60 millionViewListenView Earnings Details
5/7/2013Q1 2013($0.10)($0.17)$81.61 million$82.70 millionViewN/AView Earnings Details
4/30/2013Q1 2013($0.05)($0.02)$121.42 million$120.40 millionViewListenView Earnings Details
2/21/2013Q4 2012($0.02)$0.01$120.93 million$123.50 millionViewListenView Earnings Details
2/21/2013Q4 2012($0.06)($0.02)$77.31 million$79.00 millionViewN/AView Earnings Details
11/5/2012Q312($0.08)($0.13)$58.07 million$58.00 millionViewN/AView Earnings Details
11/5/2012Q312($0.05)$0.01$110.87 million$110.40 millionViewN/AView Earnings Details
8/1/2012$0.03$0.08ViewN/AView Earnings Details
5/1/2012$0.09$0.12ViewN/AView Earnings Details
2/23/2012$0.10$0.17ViewN/AView Earnings Details
11/1/2011$0.15$0.20ViewN/AView Earnings Details
7/28/2011$0.17$0.21ViewN/AView Earnings Details
5/5/2011$0.18$0.24ViewN/AView Earnings Details
2/10/2011$0.21$0.29ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Wright Medical Group (NASDAQ:WMGI)
Current Year EPS Consensus Estimate: $-0.49 EPS
Next Year EPS Consensus Estimate: $0.21 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 201610($0.36)($0.20)($0.26)
Q2 201610($0.36)($0.18)($0.26)
Q3 201610($0.38)($0.16)($0.25)
Q4 20169($0.20)$0.00($0.14)
Q1 20175($0.28)($0.07)($0.15)
Q2 20175($0.27)($0.07)($0.15)
Q3 20177($0.30)($0.09)($0.16)
Q4 20174($0.12)$0.02($0.04)
Q1 20181$0.03$0.03$0.03
Q2 20182$0.03$0.04$0.04
Q3 20181$0.01$0.01$0.01
Q4 20181$0.12$0.12$0.12
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Wright Medical Group (NASDAQ:WMGI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Wright Medical Group (NASDAQ:WMGI)
Insider Ownership Percentage: 9.30%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/8/2017Richard F. WallmanDirectorSell9,000$26.25$236,250.00View SEC Filing  
1/10/2017Richard F. WallmanDirectorSell9,000$25.25$227,250.00View SEC Filing  
12/8/2016Elizabeth H. WeathermanDirectorSell44,012$23.80$1,047,485.60View SEC Filing  
12/1/2016Sean CarneyDirectorSell54,748$22.82$1,249,349.36View SEC Filing  
8/3/2016Patrick FisherInsiderSell1,000$25.00$25,000.00View SEC Filing  
6/2/2016Julie AndrewsCAOSell961$19.33$18,576.13View SEC Filing  
6/2/2016Kevin D CordellInsiderSell1,652$19.34$31,949.68View SEC Filing  
6/2/2016Lance A BerryCFOSell4,432$19.40$85,980.80View SEC Filing  
6/2/2016William L Griffin JrSVPSell734$19.33$14,188.22View SEC Filing  
5/27/2016Sean CarneyDirectorSell6,221,809$18.39$114,419,067.51View SEC Filing  
3/7/2016David H MowryCOOSell13,500$17.35$234,225.00View SEC Filing  
10/7/2015Julie AndrewsVPSell2,694$20.37$54,876.78View SEC Filing  
10/7/2015Kevin D. CordellinsiderSell1,778$20.37$36,217.86View SEC Filing  
10/7/2015Lance A. BerryCFOSell5,146$20.37$104,824.02View SEC Filing  
10/7/2015William L. Griffin, Jr.SVPSell3,405$20.37$69,359.85View SEC Filing  
10/2/2015Lance A. BerryCFOSell5,669$21.19$120,126.11View SEC Filing  
5/15/2015Julie D TracySVPSell1,120$26.10$29,232.00View SEC Filing  
5/15/2015Lance A BerryCFOSell1,675$26.13$43,767.75View SEC Filing  
5/15/2015Pascal E R GirinCOOSell3,821$26.13$99,842.73View SEC Filing  
5/12/2015Lance A BerryCFOSell2,320$25.34$58,788.80View SEC Filing  
5/12/2015Stephan EpinetteVPSell62,666$25.00$1,566,650.00View SEC Filing  
5/12/2015William L Griffin JrSVPSell2,452$25.35$62,158.20View SEC Filing  
4/2/2015Lance A BerryCFOSell47,966$25.75$1,235,124.50View SEC Filing  
1/21/2015Richard B EmmittDirectorSell7,413$24.72$183,249.36View SEC Filing  
1/14/2015Richard B EmmittDirectorSell23,992$25.05$600,999.60View SEC Filing  
8/14/2014Stephan EpinetteVPSell2,500$22.00$55,000.00View SEC Filing  
6/3/2014David H MowryCEOSell5,850$21.49$125,716.50View SEC Filing  
6/3/2014Shawn MccormickCFOSell2,870$21.42$61,475.40View SEC Filing  
6/3/2014Terry RichSVPSell4,300$21.45$92,235.00View SEC Filing  
6/3/2014Ummersen Gordon VanVPSell1,660$21.51$35,706.60View SEC Filing  
5/15/2014Eric StookeyInsiderSell2,138$29.23$62,493.74View SEC Filing  
5/15/2014Lance BerryCFOSell2,135$29.30$62,555.50View SEC Filing  
5/15/2014William Griffin, Jr.SVPSell2,106$29.36$61,832.16View SEC Filing  
5/12/2014Eric StookeyInsiderSell1,978$29.81$58,964.18View SEC Filing  
5/12/2014William Griffin, Jr.SVPSell2,340$29.91$69,989.40View SEC Filing  
3/18/2014Alain TornierDirectorSell233,210$20.00$4,664,200.00View SEC Filing  
3/6/2014Alain TornierDirectorSell53,288$20.01$1,066,292.88View SEC Filing  
3/4/2014Lance BerryCFOSell28,370$33.00$936,210.00View SEC Filing  
3/4/2014Richard EmmittDirectorSell20,000$19.38$387,600.00View SEC Filing  
2/28/2014Holdings Cooperatief U.A. TmgDirectorSell5,125,000$18.94$97,067,500.00View SEC Filing  
2/27/2014Richard WallmanDirectorBuy5,000$19.28$96,400.00View SEC Filing  
1/23/2014Oepw, Llcmajor shareholderSell3,015,191$30.51$91,993,477.41View SEC Filing  
1/15/2014Jennifer WalkerSVPSell6,050$32.00$193,600.00View SEC Filing  
1/8/2014Eric StookeyInsiderSell8,473$31.11$263,595.03View SEC Filing  
11/22/2013Kyle JoinesVPSell8,310$30.01$249,383.10View SEC Filing  
11/20/2013Jennifer WalkerSVPSell24,999$29.53$738,220.47View SEC Filing  
6/5/2013Edward A SteigerVPSell2,729$24.75$67,542.75View SEC Filing  
6/5/2013Jennifer S WalkerSVPSell1,537$24.80$38,117.60View SEC Filing  
6/5/2013Lance A BerryCFOSell4,816$24.65$118,714.40View SEC Filing  
6/5/2013Timothy E Davis JrInsiderSell3,585$24.73$88,657.05View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Wright Medical Group (NASDAQ:WMGI)
DateHeadline
rttnews.com logoWright Medical Group (WMGI) Is Up After Narrower Than Expected Q4 Loss (NASDAQ:WMGI)
www.rttnews.com - February 22 at 11:05 AM
seekingalpha.com logoWright Medical Group NV (WMGI) Q4 2016 Results - Earnings Call Transcript (NASDAQ:WMGI)
seekingalpha.com - February 22 at 11:05 AM
marketexclusive.com logoAnalyst Activity – BMO Capital Markets Reiterates Buy on Wright Medical Group (NASDAQ:WMGI) (NASDAQ:WMGI)
marketexclusive.com - February 22 at 11:05 AM
biz.yahoo.com logoWRIGHT MEDICAL GROUP N.V. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and (NASDAQ:WMGI)
us.rd.yahoo.com - February 22 at 11:05 AM
us.rd.yahoo.com logo4:22 pm Wright Medical Group beats by $0.05, beats on revs; guides FY17 EPS below consensus, revs above consensus (NASDAQ:WMGI)
us.rd.yahoo.com - February 22 at 11:05 AM
biz.yahoo.com logoWright Medical Group NV Earnings Call scheduled for 4:30 pm ET today (NASDAQ:WMGI)
us.rd.yahoo.com - February 22 at 11:05 AM
sg.finance.yahoo.com logoWright Medical reports 4Q loss (NASDAQ:WMGI)
us.rd.yahoo.com - February 22 at 11:05 AM
us.rd.yahoo.com logoEdited Transcript of WMGI earnings conference call or presentation 21-Feb-17 9:30pm GMT (NASDAQ:WMGI)
us.rd.yahoo.com - February 22 at 11:05 AM
bizjournals.com logoHow These Medical Equipment Stocks are Faring? -- Varian Medical Systems, Wright Medical, MiMedx, and NuVasive (NASDAQ:WMGI)
www.bizjournals.com - February 21 at 4:13 PM
finance.yahoo.com logoWright Medical Group N.V. Reports 2016 Fourth Quarter and Full-Year Financial Results and Provides 2017 Guidance (NASDAQ:WMGI)
finance.yahoo.com - February 21 at 4:13 PM
4-traders.com logoNuVasive : How These Medical Equipment Stocks are Faring? -- Varian Medical Systems, Wright Medical, MiMedx, and NuVasive (NASDAQ:WMGI)
www.4-traders.com - February 21 at 8:10 AM
News IconCan Wright Medical Group NV’s (WMGI) Financial Condition Cause Increased Volatility? (NASDAQ:WMGI)
simplywall.st - February 21 at 8:10 AM
biz.yahoo.com logoQ4 2016 Wright Medical Group NV Earnings Release - 4:00 pm ET (NASDAQ:WMGI)
biz.yahoo.com - February 21 at 8:10 AM
4-traders.com logoWright Medical Group NV : annual earnings release (NASDAQ:WMGI)
www.4-traders.com - February 17 at 5:13 PM
us.rd.yahoo.com logoWright Medical Group downgraded by Needham (NASDAQ:WMGI)
us.rd.yahoo.com - February 17 at 5:13 PM
News IconA Keen Look At The Chart For Wright Medical Group NV (WMGI) - NY Stock News (NASDAQ:WMGI)
nystocknews.com - February 17 at 7:40 AM
News IconEarnings Clues on Wright Medical Group NV (WMGI), Alliant Energy Corporation (LNT) Analyst's Predictions - StockNewsJournal (NASDAQ:WMGI)
stocknewsjournal.com - February 17 at 7:40 AM
finance.yahoo.com logoCan Wright Medical (WMGI) Surprise Investors in Q4 Earnings? (NASDAQ:WMGI)
finance.yahoo.com - February 15 at 6:52 AM
finance.yahoo.com logoCan Wright Medical (WMGI) Surprise Investors in Q4 Earnings? (NASDAQ:WMGI)
finance.yahoo.com - February 15 at 6:52 AM
realistinvestor.com logoThe Growth Forecast For Wright Medical Group, Inc. (NASDAQ:WMGI) (NASDAQ:WMGI)
www.realistinvestor.com - February 10 at 6:39 AM
News IconDirector of Wright Medical Group N (NASDAQ:WMGI), Wallman Richard F, sells 9,000 shares worth $236,250 (NASDAQ:WMGI)
empowerednews.net - February 10 at 6:39 AM
gurufocus.com logoWright Medical Group N.V. to Host Fourth Quarter —…–6 Earnings Conference Call - GuruFocus.com (NASDAQ:WMGI)
www.gurufocus.com - February 2 at 6:47 AM
globenewswire.com logoWright Medical Group N.V. to Host Fourth Quarter 2016 Earnings Conference Call - GlobeNewswire (press release) (NASDAQ:WMGI)
globenewswire.com - January 31 at 8:04 AM
finance.yahoo.com logoWright Medical Group N.V. to Host Fourth Quarter 2016 Earnings Conference Call (NASDAQ:WMGI)
finance.yahoo.com - January 31 at 8:04 AM
News IconStock Update: Estimates & Target in Focus for Wright Medical Group, Inc. (NASDAQ:WMGI) - Aiken Advocate (NASDAQ:WMGI)
aikenadvocate.com - January 27 at 4:06 PM
realistinvestor.com logoAnalysts Rating Of Wright Medical Group, Inc. (NASDAQ:WMGI) At 1.47 (NASDAQ:WMGI)
www.realistinvestor.com - January 27 at 6:47 AM
News IconBristol-Myers Squibb (NYSE:BMY) 4Q16 Profit Up 65.8%; Misses Street View (NASDAQ:WMGI)
mundoaguaysaneamiento.net - January 27 at 6:47 AM
News IconWright Medical Group N.V. WMGI Medical Equipment Deals and Alliances Profile Prices from USD $250 (NASDAQ:WMGI)
www.bioportfolio.com - January 22 at 8:02 AM
News IconWhat are Analysts Expecting for Wright Medical Group, Inc. (NASDAQ:WMGI) Earnings? - Aiken Advocate (NASDAQ:WMGI)
aikenadvocate.com - January 20 at 3:46 PM
bizjournals.com logoResearch Reports Coverage on Medical Equipment Stocks -- Wright Medical, Varian Medical Systems, MiMedx, and NuVasive (NASDAQ:WMGI)
www.bizjournals.com - January 13 at 3:22 PM
seekingalpha.com logoWright Medical Group (WMGI) President & CEO Robert Palmisano presents at 35th Annual J.P. Morgan Healthcare Conference (NASDAQ:WMGI)
seekingalpha.com - January 10 at 4:16 PM
capitalcube.com logoWright Medical Group NV breached its 50 day moving average in a Bullish Manner : WMGI-US : January 6, 2017 (NASDAQ:WMGI)
www.capitalcube.com - January 7 at 6:29 AM
capitalcube.com logoWright Medical Group NV breached its 50 day moving average in a Bullish Manner : WMGI-US : January 6, 2017 (NASDAQ:WMGI)
www.capitalcube.com - January 7 at 6:29 AM
marketexclusive.com logoAnalyst Downgrades – Wright Medical Group N.V. (NASDAQ:WMGI) Stock Gets Downgraded By Guggenheim from Buy to Neutral (NASDAQ:WMGI)
marketexclusive.com - January 6 at 6:39 AM
biz.yahoo.com logoWRIGHT MEDICAL GROUP N.V. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financ (NASDAQ:WMGI)
biz.yahoo.com - January 4 at 7:47 AM
finance.yahoo.com logoWright Medical Group downgraded by Guggenheim (NASDAQ:WMGI)
finance.yahoo.com - January 4 at 7:47 AM
realistinvestor.com logoWright Medical Group, Inc. (NASDAQ:WMGI) Bearish Stock Price Estimate At 1.33 (NASDAQ:WMGI)
www.realistinvestor.com - December 30 at 8:46 PM
marketexclusive.com logoWRIGHT MEDICAL GROUP N.V. (NASDAQ:WMGI) Files An 8-K Entry into a Material Definitive Agreement (NASDAQ:WMGI)
marketexclusive.com - December 30 at 3:39 PM
capitalcube.com logoWright Medical Group NV breached its 50 day moving average in a Bullish Manner : WMGI-US : December 27, 2016 (NASDAQ:WMGI)
www.capitalcube.com - December 27 at 8:13 AM
capitalcube.com logoWright Medical Group NV – Value Analysis (NASDAQ:WMGI) : December 19, 2016 (NASDAQ:WMGI)
www.capitalcube.com - December 19 at 3:31 PM
capitalcube.com logoWright Medical Group NV breached its 50 day moving average in a Bearish Manner : WMGI-US : December 16, 2016 (NASDAQ:WMGI)
www.capitalcube.com - December 17 at 6:11 AM
capitalcube.com logoETFs with exposure to Wright Medical Group NV : December 12, 2016 (NASDAQ:WMGI)
www.capitalcube.com - December 12 at 11:32 PM
finance.yahoo.com logoWright Medical Group N.V. to Present at 35th Annual J.P. Morgan Healthcare Conference (NASDAQ:WMGI)
finance.yahoo.com - December 12 at 8:11 AM
News IconInsider Market Move: Is Wright Medical Group Inc (NASDAQ:WMGI) Stock a Sell after Elizabeth Weatherman’s Insider Sale? (NASDAQ:WMGI)
www.whatsonthorold.com - December 11 at 8:09 AM
finance.yahoo.com logoBone Grafts And Substitutes Market Analysis By Material (Natural - Autografts, Allografts; Synthetic … (NASDAQ:WMGI)
finance.yahoo.com - December 8 at 4:48 PM
News IconWright Medical Group, Inc. Mergers Acquisitions MA, Partnerships Alliances and Investment Report Prices from USD $350 (NASDAQ:WMGI)
www.bioportfolio.com - December 8 at 4:48 PM
capitalcube.com logoWright Medical Group NV breached its 50 day moving average in a Bullish Manner : WMGI-US : December 6, 2016 (NASDAQ:WMGI)
www.capitalcube.com - December 6 at 12:54 PM
realistinvestor.com logoAnalysts Rating Of Wright Medical Group, Inc. (NASDAQ:WMGI) At 1.33 (NASDAQ:WMGI)
www.realistinvestor.com - December 3 at 8:57 AM
investornewswire.com logoWright Medical Group, Inc. (NASDAQ:WMGI) Rating At 1.33 - Investor Newswire (NASDAQ:WMGI)
www.investornewswire.com - December 2 at 8:48 PM
realistinvestor.com logoAnalysts Rating Of Wright Medical Group, Inc. (NASDAQ:WMGI) At ... - RealistInvestor.com (NASDAQ:WMGI)
www.realistinvestor.com - December 1 at 9:36 PM

Social

What is Wright Medical Group's stock symbol?

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

Where is Wright Medical Group's stock going? Where will Wright Medical Group's stock price be in 2017?

14 equities research analysts have issued 1 year target prices for Wright Medical Group's shares. Their forecasts range from $22.00 to $33.00. On average, they expect Wright Medical Group's share price to reach $26.00 in the next twelve months.

When will Wright Medical Group announce their earnings?

Wright Medical Group is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

What are analysts saying about Wright Medical Group stock?

Here are some recent quotes from research analysts about Wright Medical Group stock:

  • Needham & Company LLC analysts commented, "WMGI's 4Q16 revenue and EBITDA beat consensus, and management provided initial 2017 revenue and EBITDA guidance that was above consensus. Pro forma revenue growth improved to 12% CC from 9% CC in 2Q16. As we had anticipated, management expects revenue growth to increase from 1H17 to 2H17 due to sales dis-synergies (which are lapped in 2H17), new product launches, and the sales force expansion. Also as we anticipated, EBITDA beat and management guided to above-consensus 2017 EBITDA. While this is clearly positive, we think it accelerates the point at which investors begin to value WMGI on an EV/EBITDA basis. If WMGI's EBITDA margin were to reach 20% in 2017, its EV/EBITDA would be 22.8x, which we think fairly values shares, and we maintain our Hold rating." (2/22/2017)
  • Jefferies Group LLC analysts commented, "4Q was positive on numerous fronts: +15% underlying sales growth driven by Shoulders, Biologic, and Ankles; 11.7% EBITDA margins, a new high watermark; and guidance for mid-teens underlying revenue growth supported by numerous product launches. Wright remains exceedingly well positioned and it remains one of our best ideas." (2/22/2017)
  • BMO Capital Markets analysts commented, "WMGI reported revenue of $193M (up 16%; up 12% adjusted), nicely ahead of the Street's $183.4 million, including: Lower Extremities up 7% adjusted; Upper Extremities up 15%; Biologics up 28%; and Sports Medicine up 5%. With the integration of Tornier largely in the rear-view mirror, adjusted EBITDA increased meaningfully to $22.7 million from $9.3 million y/y, as management is benefiting from cost synergies that were obtained earlier than expected and better-than-expected revenue. Combined, the result was non-GAAP EPS loss of $0.06 versus the Street's loss of $0.11." (2/22/2017)
  • According to Zacks Investment Research, "Wright Medical's second-quarter results impressed us. Although the company continued to incur loss, the figure narrowed from the year-ago quarter. The company also raised revenue and EBITDA guidance for full-year 2016.  We believe that post merger with Tornier, Wright Medical will have significant growth prospects in both the upper and lower extremities markets, two of the fastest growing segments of the orthopaedics industry.  Moreover, Augment Bone Graft product will drive growth in the biologics business going forward. However, escalating infrastructure cost remains a major headwind. Moreover, the anticipated dis-synergies in the lower extremities segment will impact top-line growth in the near term. Although management expects the impact to be limited, we believe the dis-synergy concern will be an overhang on the stock for the rest of this year." (8/10/2016)

Who owns Wright Medical Group stock?

Wright Medical Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (15.03%), Orbimed Advisors LLC (7.36%), Janus Capital Management LLC (3.21%), Palo Alto Investors LLC (2.53%), Loomis Sayles & Co. L P (1.24%) and Foundation Asset Management LP (0.94%). Company insiders that own Wright Medical Group stock include David H Mowry, Elizabeth H Weatherman, Julie Andrews, Julie D Tracy, Kevin D Cordell, Lance A Berry, Pascal E R Girin, Patrick Fisher, Richard F Wallman, Sean Carney, Stephan Epinette, William L Griffin Jr and William L Griffin, Jr.

Who sold Wright Medical Group stock? Who is selling Wright Medical Group stock?

Wright Medical Group's stock was sold by a variety of institutional investors in the last quarter, including Folger Hill Asset Management LP, Federated Investors Inc. PA, Janus Capital Management LLC, Dimensional Fund Advisors LP, Bayesian Capital Management LP and Envestnet Asset Management Inc.. Company insiders that have sold Wright Medical Group stock in the last year include David H Mowry, Elizabeth H Weatherman, Julie Andrews, Kevin D Cordell, Lance A Berry, Patrick Fisher, Richard F Wallman, Sean Carney and William L Griffin Jr.

Who bought Wright Medical Group stock? Who is buying Wright Medical Group stock?

Wright Medical Group's stock was purchased by a variety of institutional investors in the last quarter, including Foundation Asset Management LP, Orbimed Advisors LLC, Palo Alto Investors LLC, Loomis Sayles & Co. L P, Thrivent Financial for Lutherans, FMR LLC, Russell Investments Group Ltd. and Teachers Retirement System of The State of Kentucky.

How do I buy Wright Medical Group stock?

Shares of Wright Medical Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Wright Medical Group stock cost?

One share of Wright Medical Group stock can currently be purchased for approximately $27.96.

Wright Medical Group (NASDAQ:WMGI) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Wright Medical Group (NASDAQ:WMGI)

Earnings History Chart

Earnings by Quarter for Wright Medical Group (NASDAQ:WMGI)

Dividend History Chart

Dividend Payments by Quarter for Wright Medical Group (NASDAQ:WMGI)

Last Updated on 2/22/2017 by MarketBeat.com Staff