About Wright Medical Group (NASDAQ:WMGI)
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.
Industry, Sector and Symbol
Industry Surgical appliances & supplies
Sub-IndustryHealth Care Equipment
SectorMedical
SymbolNASDAQ:WMGI
CUSIPN8723710
Phone31-20-521-4777
Debt
Debt-to-Equity Ratio1.42%
Current Ratio1.37%
Quick Ratio0.96%
Price-To-Earnings
Trailing P/E Ratio-91.32
Forward P/E Ratio-111.61
P/E GrowthN/A
Sales & Book Value
Annual Sales$744.99 million
Price / Sales2.86
Cash Flow$1.1149 per share
Price / Cash18.02
Book Value$5.57 per share
Price / Book3.61
Profitability
EPS (Most Recent Fiscal Year)($0.22)
Net Income$-202,590,000.00
Net Margins-27.19%
Return on Equity-3.78%
Return on Assets-1.01%
Miscellaneous
Employees2,675
Outstanding Shares105,910,000
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, Inc. (NASDAQ:WMGI) issued its quarterly earnings results on Tuesday, February, 27th. The medical device company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.06. The medical device company earned $217.60 million during the quarter, compared to the consensus estimate of $215.69 million. Wright Medical Group had a negative net margin of 27.19% and a negative return on equity of 3.78%. View Wright Medical Group's Earnings History.
When is Wright Medical Group's next earnings date?
What guidance has Wright Medical Group issued on next quarter's earnings?
Wright Medical Group updated its FY18 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of $0.16-0.23 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.02. The company issued revenue guidance of $800-812 million, compared to the consensus revenue estimate of $809.05 million.
What price target have analysts set for WMGI?
9 brokerages have issued 12-month target prices for Wright Medical Group's stock. Their forecasts range from $25.00 to $34.00. On average, they anticipate Wright Medical Group's stock price to reach $29.3750 in the next year. View Analyst Ratings for Wright Medical Group.
Who are some of Wright Medical Group's key competitors?
Some companies that are related to Wright Medical Group include STERIS (STE), Mine Safety Appliances (MSA), Inogen (INGN), Halyard Health (HYH), Consort Medical (CSRMY), Invacare (IVC), RTI Surgical (RTIX), Sientra (SIEN), Lakeland Industries (LAKE), ConforMIS (CFMS), Histogenics (HSGX), BioCardia (BCDA), ReWalk Robotics (RWLK), NanoVibronix (NAOV) and Helomics (AIPT).
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?
Press coverage about WMGI stock has been trending somewhat positive this week, Accern reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Wright Medical Group earned a news sentiment score of 0.04 on Accern's scale. They also gave news articles about the medical device company an impact score of 47.23 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.
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 $20.09.
How big of a company is Wright Medical Group?
Wright Medical Group has a market capitalization of $2.04 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 (WMGI)
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.
Wright Medical Group (NASDAQ:WMGI) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
9 Wall Street analysts have issued ratings and price targets for Wright Medical Group in the last 12 months. Their average twelve-month price target is $29.3750, suggesting that the stock has a possible upside of 46.22%. The high price target for WMGI is $34.00 and the low price target for WMGI is $25.00. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.78 | 2.70 | 2.73 | 2.69 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $29.3750 | $29.3750 | $31.8889 | $32.20 |
| Price Target Upside: | 46.22% upside | 43.71% upside | 33.15% upside | 21.42% upside |
Wright Medical Group (NASDAQ:WMGI) Consensus Price Target History
Wright Medical Group (NASDAQ:WMGI) Analyst Ratings History
Show:
(Data available from 4/26/2016 forward)
Wright Medical Group (NASDAQ:WMGI) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Wright Medical Group (NASDAQ WMGI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 9.30%
Wright Medical Group (NASDAQ WMGI) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/12/2018 | Patrick Fisher | Insider | Sell | 100 | $20.24 | $2,024.00 | |  |
| 2/9/2018 | Patrick Fisher | Insider | Sell | 100 | $20.14 | $2,014.00 | | |
| 1/12/2018 | Patrick Fisher | Insider | Sell | 100 | $24.41 | $2,441.00 | | |
| 12/15/2017 | Patrick Fisher | Insider | Sell | 100 | $22.80 | $2,280.00 | | |
| 11/17/2017 | Patrick Fisher | Insider | Sell | 100 | $24.36 | $2,436.00 | | |
| 11/13/2017 | Gregory Morrison | SVP | Sell | 92,140 | $23.70 | $2,183,718.00 | | |
| 11/10/2017 | Richard F Wallman | Director | Buy | 4,000 | $24.00 | $96,000.00 | | |
| 10/20/2017 | Patrick Fisher | Insider | Sell | 100 | $26.69 | $2,669.00 | | |
| 9/18/2017 | Patrick Fisher | Insider | Sell | 100 | $26.77 | $2,677.00 | | |
| 7/19/2017 | Jennifer S. Walker | SVP | Sell | 20,000 | $28.00 | $560,000.00 | | |
| 6/9/2017 | Jennifer S. Walker | SVP | Sell | 10,000 | $26.77 | $267,700.00 | | |
| 6/2/2017 | Jonathan Wesley Porter | SVP | Sell | 2,490 | $27.09 | $67,454.10 | | |
| 6/2/2017 | Julie Andrews | VP | Sell | 1,480 | $27.11 | $40,122.80 | | |
| 6/2/2017 | Lance A. Berry | Insider | Sell | 6,685 | $27.14 | $181,430.90 | | |
| 3/6/2017 | John L. Miclot | Director | Sell | 20,618 | $28.50 | $587,613.00 | | |
| 2/27/2017 | David D. Stevens | Director | Sell | 11,807 | $28.01 | $330,714.07 | | |
| 2/22/2017 | Richard F. Wallman | Director | Sell | 16,375 | $28.25 | $462,593.75 | | |
| 2/8/2017 | Richard F. Wallman | Director | Sell | 9,000 | $26.25 | $236,250.00 | | |
| 1/10/2017 | Richard F. Wallman | Director | Sell | 9,000 | $25.25 | $227,250.00 | | |
| 12/8/2016 | Elizabeth H. Weatherman | Director | Sell | 44,012 | $23.80 | $1,047,485.60 | | |
| 12/1/2016 | Sean Carney | Director | Sell | 54,748 | $22.82 | $1,249,349.36 | | |
| 8/3/2016 | Patrick Fisher | Insider | Sell | 1,000 | $25.00 | $25,000.00 | | |
| 6/2/2016 | Julie Andrews | CAO | Sell | 961 | $19.33 | $18,576.13 | 21,179 | |
| 6/2/2016 | Kevin D Cordell | Insider | Sell | 1,652 | $19.34 | $31,949.68 | 27,475 | |
| 6/2/2016 | Lance A Berry | CFO | Sell | 4,432 | $19.40 | $85,980.80 | 94,123 | |
| 6/2/2016 | William L Griffin Jr | SVP | Sell | 734 | $19.33 | $14,188.22 | 75,678 | |
| 5/27/2016 | Sean Carney | Director | Sell | 6,221,809 | $18.39 | $114,419,067.51 | 32,814 | |
| 3/7/2016 | David H Mowry | COO | Sell | 13,500 | $17.35 | $234,225.00 | 160,311 | |
| 10/7/2015 | Julie Andrews | VP | Sell | 2,694 | $20.37 | $54,876.78 | 12,260 | |
| 10/7/2015 | Kevin D. Cordell | insider | Sell | 1,778 | $20.37 | $36,217.86 | 5,924 | |
| 10/7/2015 | Lance A. Berry | CFO | Sell | 5,146 | $20.37 | $104,824.02 | 57,950 | |
| 10/7/2015 | William L. Griffin, Jr. | SVP | Sell | 3,405 | $20.37 | $69,359.85 | 67,721 | |
| 10/2/2015 | Lance A. Berry | CFO | Sell | 5,669 | $21.19 | $120,126.11 | 63,096 | |
| 5/15/2015 | Julie D Tracy | SVP | Sell | 1,120 | $26.10 | $29,232.00 | | |
| 5/15/2015 | Lance A Berry | CFO | Sell | 1,675 | $26.13 | $43,767.75 | | |
| 5/15/2015 | Pascal E R Girin | COO | Sell | 3,821 | $26.13 | $99,842.73 | | |
| 5/12/2015 | Lance A Berry | CFO | Sell | 2,320 | $25.34 | $58,788.80 | | |
| 5/12/2015 | Stephan Epinette | VP | Sell | 62,666 | $25.00 | $1,566,650.00 | | |
| 5/12/2015 | William L Griffin Jr | SVP | Sell | 2,452 | $25.35 | $62,158.20 | | |
| 4/2/2015 | Lance A Berry | CFO | Sell | 47,966 | $25.75 | $1,235,124.50 | | |
| 1/21/2015 | Richard B Emmitt | Director | Sell | 7,413 | $24.72 | $183,249.36 | | |
| 1/14/2015 | Richard B Emmitt | Director | Sell | 23,992 | $25.05 | $600,999.60 | | |
| 8/14/2014 | Stephan Epinette | VP | Sell | 2,500 | $22.00 | $55,000.00 | | |
| 6/3/2014 | David H Mowry | CEO | Sell | 5,850 | $21.49 | $125,716.50 | | |
| 6/3/2014 | Shawn Mccormick | CFO | Sell | 2,870 | $21.42 | $61,475.40 | | |
| 6/3/2014 | Terry Rich | SVP | Sell | 4,300 | $21.45 | $92,235.00 | | |
| 6/3/2014 | Ummersen Gordon Van | VP | Sell | 1,660 | $21.51 | $35,706.60 | | |
| 5/15/2014 | Eric Stookey | Insider | Sell | 2,138 | $29.23 | $62,493.74 | 85,262 | |
| 5/15/2014 | Lance Berry | CFO | Sell | 2,135 | $29.30 | $62,555.50 | 68,665 | |
| 5/15/2014 | William Griffin, Jr. | SVP | Sell | 2,106 | $29.36 | $61,832.16 | 72,643 | |
| 5/12/2014 | Eric Stookey | Insider | Sell | 1,978 | $29.81 | $58,964.18 | 81,554 | |
| 5/12/2014 | William Griffin, Jr. | SVP | Sell | 2,340 | $29.91 | $69,989.40 | 68,886 | |
| 3/18/2014 | Alain Tornier | Director | Sell | 233,210 | $20.00 | $4,664,200.00 | 14,062 | |
| 3/6/2014 | Alain Tornier | Director | Sell | 53,288 | $20.01 | $1,066,292.88 | 14,062 | |
| 3/4/2014 | Lance Berry | CFO | Sell | 28,370 | $33.00 | $936,210.00 | 65,916 | |
| 3/4/2014 | Richard Emmitt | Director | Sell | 20,000 | $19.38 | $387,600.00 | 61,687 | |
| 2/28/2014 | Holdings Cooperatief U.A. Tmg | Director | Sell | 5,125,000 | $18.94 | $97,067,500.00 | | |
| 2/27/2014 | Richard Wallman | Director | Buy | 5,000 | $19.28 | $96,400.00 | 58,095 | |
| 1/23/2014 | Oepw, Llc | major shareholder | Sell | 3,015,191 | $30.51 | $91,993,477.41 | | |
| 1/15/2014 | Jennifer Walker | SVP | Sell | 6,050 | $32.00 | $193,600.00 | 36,210 | |
| 1/8/2014 | Eric Stookey | Insider | Sell | 8,473 | $31.11 | $263,595.03 | 83,668 | |
| 11/22/2013 | Kyle Joines | VP | Sell | 8,310 | $30.01 | $249,383.10 | 9,404 | |
| 11/20/2013 | Jennifer Walker | SVP | Sell | 24,999 | $29.53 | $738,220.47 | 36,777 | |
| 6/5/2013 | Edward A Steiger | VP | Sell | 2,729 | $24.75 | $67,542.75 | | |
| 6/5/2013 | Jennifer S Walker | SVP | Sell | 1,537 | $24.80 | $38,117.60 | | |
| 6/5/2013 | Lance A Berry | CFO | Sell | 4,816 | $24.65 | $118,714.40 | | |
| 6/5/2013 | Timothy E Davis Jr | Insider | Sell | 3,585 | $24.73 | $88,657.05 | | |
(Data available from 1/1/2013 forward)
Wright Medical Group (NASDAQ WMGI) News Headlines
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Wright Medical Group (NASDAQ:WMGI) SEC Filings
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Wright Medical Group (NASDAQ:WMGI) Income Statement, Balance Sheet and Cash Flow Statement
Wright Medical Group (NASDAQ WMGI) Stock Chart for Thursday, April, 26, 2018
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