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

$30.26
-0.06 (-0.20 %)
(As of 01/28/2020 06:49 AM ET)
Today's Range
$30.09
Now: $30.26
$30.31
50-Day Range
$29.44
MA: $30.20
$30.61
52-Week Range
$19.04
Now: $30.26
$32.86
Volume807,316 shs
Average Volume2.18 million shs
Market Capitalization$3.84 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.94
Wright Medical Group N.V., a medical device company, designs, manufactures, markets, and sells upper and lower extremities, and biologics products in the United States, Europe, the Middle East, Africa, Canada, Asia, Australia, and Latin America. 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$836.19 million
Cash Flow$1.13 per share
Book Value$7.45 per share

Profitability

Net Income$-169,510,000.00

Miscellaneous

Employees2,894
Market Cap$3.84 billion
Next Earnings Date2/25/2020 (Estimated)
OptionableOptionable

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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) issued its earnings results on Friday, November, 8th. The medical device company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.01. The medical device company had revenue of $212.43 million for the quarter, compared to the consensus estimate of $208.20 million. Wright Medical Group had a positive return on equity of 1.89% and a negative net margin of 14.49%. 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 25th 2020. View Earnings Estimates for Wright Medical Group.

What price target have analysts set for WMGI?

14 Wall Street analysts have issued 12-month target prices for Wright Medical Group's stock. Their forecasts range from $23.00 to $39.00. On average, they expect Wright Medical Group's stock price to reach $29.05 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets for Wright Medical Group.

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

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wright Medical Group in the last year. There are currently 11 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wright Medical Group.

Has Wright Medical Group been receiving favorable news coverage?

Media stories about WMGI stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Wright Medical Group earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave media coverage about the medical device company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Wright Medical Group.

Are investors shorting Wright Medical Group?

Wright Medical Group saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 24,990,000 shares, an increase of 15.3% from the December 31st total of 21,680,000 shares. Based on an average daily volume of 5,180,000 shares, the short-interest ratio is presently 4.8 days. Currently, 19.9% of the shares of the company are short sold. View Wright Medical Group's Current Options Chain.

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

What other stocks do shareholders of Wright Medical Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wright Medical Group investors own include Exelixis (EXEL), Gilead Sciences (GILD), Immunomedics (IMMU), Endo International (ENDP), GW Pharmaceuticals PLC- (GWPH), Horizon Therapeutics (HZNP), PTC Therapeutics (PTCT), ZIOPHARM Oncology (ZIOP), Bausch Health Companies (BHC) and AT&T (T).

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 74)
  • Mr. Lance A. Berry, Exec. VP, CFO & COO (Age 47)
  • Mr. Andrew C. Morton, Sr. VP & Chief HR Officer (Age 53)
  • Mr. Kevin D. Cordell, Exec. VP & Chief Global Commercial Officer (Age 53)
  • Mr. Peter S. Cooke, Pres of emerging markets, Australia & Japan (Age 54)

Who are Wright Medical Group's major shareholders?

Wright Medical Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Vertex One Asset Management Inc. (0.44%), California Public Employees Retirement System (0.30%), FNY Investment Advisers LLC (0.27%), Havens Advisors LLC (0.23%), Alpine Global Management LLC (0.17%) and Chicago Capital LLC (0.16%). Company insiders that own Wright Medical Group stock include Andrew C Morton, Barry J Regan, David D Stevens, Elizabeth H Weatherman, James Lightman, Jennifer S Walker, John L Miclot, Jonathan Wesley Porter, Julie Andrews, Julie D Dewey, Kevin C Oboyle, Kevin D Cordell, Lance A Berry, Patrick Fisher, Peter Cooke, Richard F Wallman, Robert J Palmisano, Robert P Burrows III, Steven P Wallace and Tim Lanier. 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 Chicago Capital LLC and Janney Montgomery Scott LLC. Company insiders that have sold Wright Medical Group company stock in the last year include Andrew C Morton, David D Stevens, James Lightman, John L Miclot, Jonathan Wesley Porter, Julie Andrews, Julie D Dewey, Kevin C Oboyle, Kevin D Cordell, Lance A Berry, Patrick Fisher, Steven P Wallace and Tim Lanier. View Insider Buying and Selling for Wright Medical Group.

Which major investors are buying Wright Medical Group stock?

WMGI stock was acquired by a variety of institutional investors in the last quarter, including Vertex One Asset Management Inc., FNY Investment Advisers LLC, Havens Advisors LLC, Alpine Global Management LLC, California Public Employees Retirement System, Jackson Financial Management, Cerebellum GP LLC and Vishria Bird Financial Group LLC. Company insiders that have bought Wright Medical Group stock in the last two years include Barry J Regan, Elizabeth H Weatherman, Richard F Wallman and Robert J Palmisano. 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, Robinhood, Fidelity and Charles Schwab.

What is Wright Medical Group's stock price today?

One share of WMGI stock can currently be purchased for approximately $30.26.

How big of a company is Wright Medical Group?

Wright Medical Group has a market capitalization of $3.84 billion and generates $836.19 million in revenue each year. Wright Medical Group employs 2,894 workers across the globe.View Additional Information About Wright Medical Group.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  545 (Vote Outperform)
Underperform Votes:  526 (Vote Underperform)
Total Votes:  1,071
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 1/28/2020 by MarketBeat.com Staff

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