NASDAQ:WMGI

Wright Medical Group Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
$29.98
0.00 (0.00 %)
(As of 11/11/2020)
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Today's Range
$29.98
Now: $29.98▼
$29.98
50-Day Range
$29.98
MA: $30.23▼
$30.72
52-Week Range
$23.14
Now: $29.98▼
$30.74
Volume9,689 shs
Average Volume2.02 million shs
Market Capitalization$3.90 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.57
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. 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 offers its products to orthopedic, trauma, and podiatric surgeons. It markets and sells its products through direct sales representatives, independent sales agencies, direct sales offices, and distributors. The company was founded in 1999 and is headquartered in Amsterdam, the Netherlands.
Wright Medical Group logo

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Surgical appliances & supplies
Sub-IndustryHealth Care Equipment
SectorMedical
Current SymbolNASDAQ:WMGI
Previous Symbol
CUSIPN8723710
CIK1492658
Webwww.wright.com
Phone31-20-521-4777
Employees3,030
Year FoundedN/A

Debt

Debt-to-Equity Ratio0.90
Current Ratio0.82
Quick Ratio0.54

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio68.14
P/E Growth6.37

Sales & Book Value

Annual Sales$920.90 million
Price / Sales4.23
Cash Flow$1.23 per share
Price / Cash Flow24.31
Book Value$7.03 per share
Price / Book4.26

Profitability

EPS (Most Recent Fiscal Year)$0.06
Net Income$-114,220,000.00
Net Margins-16.59%
Return on Equity-3.86%
Return on Assets-1.32%

Miscellaneous

Outstanding Shares129,935,000
Market Cap$3.90 billion
Next Earnings DateN/A
OptionableOptionable

Headlines

Daunte Wright shooting: Minnesota National Guard deployed after protests over the death of man following a police shooting during a traffic stop
April 12, 2021 |  msn.com
Modern Vascular Adds New Executive Position to be based in Kansas City Area; Vice President of National Sales and Strategic Alliances
April 12, 2021 |  markets.businessinsider.com
Crowds gather near Minneapolis after man dies following officer-involved shooting
April 12, 2021 |  msn.com
Why volunteering as a 'vaccine angel' has been 'really good medicine' during the pandemic
April 9, 2021 |  msn.com
New scheduling tool available for COVID-19 vaccine at WPAFB
April 9, 2021 |  msn.com
Suture Anchor Devices Market Future Developments, Top Companies, Regional Analysis & Forecast by 2027 | FMI Report with Expert Review
April 9, 2021 |  marketwatch.com
88 MDG team makes progress in Detroit
April 5, 2021 |  msn.com
Airmen’s heroism, quick-thinking saves two lives
April 2, 2021 |  msn.com
Wright-Patt Airmen deploy for COVID-19 effort
March 26, 2021 |  msn.com
Some disabled Arizonans upset with state opening COVID-19 vaccine to all ages before them
March 25, 2021 |  msn.com
A look at the largest installations at Wright-Patterson Air Force Base
March 25, 2021 |  bizjournals.com
Readiness, qualifications drive combat-arms trainers
March 22, 2021 |  msn.com
WPAFB Airmen deployed to help COVID vaccine clinic in Detroit
March 19, 2021 |  msn.com
Roundtable: Billions in small business work up for grabs at WPAFB
March 19, 2021 |  bizjournals.com
Biomimetic Technology Market Applications, Technology, Types, Recent Trends, Future Growth Analysis, Industry Analysis and Forecasts 2027
March 16, 2021 |  marketwatch.com
Wright-Patt conducts active-shooter exercise
March 9, 2021 |  msn.com
MiMedx Announces Appointment of Phyllis Gardner, M.D. to Board of Directors
March 8, 2021 |  markets.businessinsider.com
Commander provides COVID-19 update, announces easement of restrictions
March 5, 2021 |  msn.com
Widely used convalescent plasma treatment doesn't stop COVID-19 patients from getting sicker, study finds
March 4, 2021 |  msn.com
Orthopedic Biomaterials Market Size, Share, Growth, Trends, Sales, Revenue and Forecast 2020-2027
March 4, 2021 |  marketwatch.com
See More Headlines

MarketRank™

Overall MarketRank™

1.08 out of 5 stars

Medical Sector

1002nd out of 2,016 stocks

Surgical Appliances & Supplies Industry

21st out of 40 stocks

Analyst Opinion: 1.0Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

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Wright Medical Group (NASDAQ:WMGI) Frequently Asked Questions

Is Wright Medical Group a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wright Medical Group in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Wright Medical Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WMGI, but not buy additional shares or sell existing shares.
View analyst ratings for Wright Medical Group or view top-rated stocks.

What stocks does MarketBeat like better than Wright Medical Group?

Wall Street analysts have given Wright Medical Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Wright Medical Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How were Wright Medical Group's earnings last quarter?

Wright Medical Group (NASDAQ:WMGI) posted its quarterly earnings data on Wednesday, August, 8th. The medical device company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.03. The medical device company earned $205.40 million during the quarter, compared to analyst estimates of $197.20 million. Wright Medical Group had a negative trailing twelve-month return on equity of 3.86% and a negative net margin of 16.59%. Wright Medical Group's revenue was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.07) earnings per share.
View Wright Medical Group's earnings history.

What price target have analysts set for WMGI?

2 brokers have issued twelve-month price targets for Wright Medical Group's stock. Their forecasts range from $30.00 to $30.00. On average, they expect Wright Medical Group's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price.
View analysts' price targets for Wright Medical Group or view top-rated stocks among Wall Street analysts.

Who are Wright Medical Group's key executives?

Wright Medical Group's management team includes the following people:
  • Mr. Robert J. Palmisano, Pres, CEO & Exec. Director (Age 75, Pay $2.33M)
  • Mr. Lance A. Berry, Exec. VP and Chief Financial & Operations Officer (Age 48, Pay $918.56k)
  • Mr. James A. Lightman, Sr. VP, Gen. Counsel & Sec. (Age 62, Pay $717.7k)
  • Mr. Kevin D. Cordell, Exec. VP & Chief Global Commercial Officer (Age 54, Pay $901.13k)
  • Mr. Barry J. Regan, Sr. VP of Operations (Age 48, Pay $717.32k)
  • Mr. Jonathan Wesley Porter, Sr. VP & Chief Compliance Officer (Age 50)
  • Ms. Julie D. Dewey, Sr. VP & Chief Communications Officer (Age 59)
  • Mr. Andrew C. Morton, Sr. VP & Chief HR Officer (Age 54)
  • Ms. Jennifer S. Walker, Sr. VP of Process Improvement (Age 52)
  • Ms. Julie B. Andrews, Sr. VP of Global Fin. (Age 49)

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

Some companies that are related to Wright Medical Group include Abbott Laboratories (ABT), Medtronic (MDT), Stryker (SYK), Intuitive Surgical (ISRG), Becton, Dickinson and (BDX), Boston Scientific (BSX), Edwards Lifesciences (EW), IDEXX Laboratories (IDXX), Baxter International (BAX), DexCom (DXCM), ResMed (RMD), Teleflex (TFX), Hologic (HOLX), Insulet (PODD) and STERIS (STE).
View all of WMGI's 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 Gilead Sciences (GILD), Exelixis (EXEL), Regeneron Pharmaceuticals (REGN), AbbVie (ABBV), Immunomedics (IMMU), Incyte (INCY), NVIDIA (NVDA), Pfizer (PFE), Sarepta Therapeutics (SRPT) and Agilent Technologies (A).

What is Wright Medical Group's stock symbol?

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

What is Wright Medical Group's stock price today?

One share of WMGI stock can currently be purchased for approximately $29.98.

How much money does Wright Medical Group make?

Wright Medical Group has a market capitalization of $3.90 billion and generates $920.90 million in revenue each year. The medical device company earns $-114,220,000.00 in net income (profit) each year or $0.06 on an earnings per share basis.

How many employees does Wright Medical Group have?

Wright Medical Group employs 3,030 workers across the globe.

What is Wright Medical Group's official website?

The official website for Wright Medical Group is www.wright.com.

Where are Wright Medical Group's headquarters?

Wright Medical Group is headquartered at PRINS BERNHARDPLEIN 200, AMSTERDAM P7, 38117.

How can I contact Wright Medical Group?

Wright Medical Group's mailing address is PRINS BERNHARDPLEIN 200, AMSTERDAM P7, 38117. The medical device company can be reached via phone at 31-20-521-4777 or via email at [email protected]


This page was last updated on 4/13/2021 by MarketBeat.com Staff

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