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

$30.41
+0.01 (+0.03 %)
(As of 02/21/2020 04:00 PM ET)
Today's Range
$30.27
Now: $30.41
$30.44
50-Day Range
$30.10
MA: $30.29
$30.61
52-Week Range
$19.04
Now: $30.41
$32.86
Volume1.24 million shs
Average Volume1.51 million shs
Market Capitalization$3.86 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.93
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$3.86 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) released its earnings results on Wednesday, August, 8th. The medical device company reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.06) by $0.03. The medical device company earned $205.40 million during the quarter, compared to the consensus estimate of $197.20 million. Wright Medical Group had a negative net margin of 14.49% and a positive return on equity of 1.89%. The firm's revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.07) 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 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 price targets for Wright Medical Group's shares. 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 4.5%. 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?

Headlines about WMGI stock have been trending very negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Wright Medical Group earned a news impact score of -3.5 on InfoTrie's scale. They also assigned media coverage about the medical device company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock'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 trading volume of 5,180,000 shares, the short-interest ratio is presently 4.8 days. Currently, 19.9% of the shares of the stock 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?

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 a number of of retail and institutional investors. Top institutional investors include Goldman Sachs Group Inc. (7.44%), Magnetar Financial LLC (4.74%), CNH Partners LLC (3.39%), Nuance Investments LLC (3.19%), Thrivent Financial for Lutherans (2.51%) and ARP Americas LP (2.08%). 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 Janus Henderson Group PLC, Fiera Capital Corp, Marshall Wace LLP, UBS Asset Management Americas Inc., Chicago Capital LLC, New York State Common Retirement Fund, Russell Investments Group Ltd. and Public Employees Retirement Association of Colorado. 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 purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Magnetar Financial LLC, CNH Partners LLC, Nuance Investments LLC, ARP Americas LP, Water Island Capital LLC, Farallon Capital Management LLC and Vertex One Asset Management Inc.. 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 $30.41.

How big of a company is Wright Medical Group?

Wright Medical Group has a market capitalization of $3.86 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:  548 (Vote Outperform)
Underperform Votes:  530 (Vote Underperform)
Total Votes:  1,078
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 2/22/2020 by MarketBeat.com Staff

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