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

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

Wright Medical Group declared a dividend on Tuesday, December 11th. Shareholders of record on Wednesday, December 5th will be given a dividend of $1.50 per share on Monday, December 10th. The ex-dividend date is Wednesday, December 12th. View Wright Medical Group's Dividend History.

Wright Medical Group NV (NASDAQ:WMGI) issued its quarterly earnings results on Wednesday, November, 7th. The medical device company reported ($0.09) EPS for the quarter, beating the Zacks' consensus estimate of ($0.15) by $0.06. The medical device company had revenue of $194.11 million for the quarter, compared to analysts' expectations of $186.09 million. Wright Medical Group had a negative return on equity of 0.60% and a negative net margin of 13.07%. Wright Medical Group's revenue for the quarter was up 13.8% on a year-over-year basis. During the same period last year, the company posted ($0.16) earnings per share. View Wright Medical Group's Earnings History.

Wright Medical Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Wright Medical Group.

Wright Medical Group will be holding an earnings conference call on Tuesday, February 26th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Wright Medical Group issued an update on its FY18 earnings guidance on Wednesday, November, 7th. The company provided EPS guidance of ($0.08)-($0.03) for the period, compared to the Thomson Reuters consensus estimate of ($0.15). The company issued revenue guidance of $825-828 million, compared to the consensus revenue estimate of $827.65 million.Wright Medical Group also updated its FY 2018 guidance to $-0.08--0.03 EPS.

14 equities research analysts have issued twelve-month target prices for Wright Medical Group's shares. Their predictions range from $25.00 to $35.00. On average, they expect Wright Medical Group's share price to reach $32.6154 in the next twelve months. This suggests a possible upside of 18.5% from the stock's current price. View Analyst Price Targets 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 2 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wright Medical Group.

Media coverage about WMGI stock has been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Wright Medical Group earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave news articles about the medical device company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the next few days.

Some companies that are related to Wright Medical Group include Steris (STE), WILLIAM DEMANT/ADR (WILYY), MSA Safety (MSA), Inogen (INGN), Avanos Medical (AVNS), Establishment Labs (ESTA), Sientra (SIEN), RTI Surgical (RTIX), Invacare (IVC), Lakeland Industries (LAKE), Histogenics (HSGX), ConforMIS (CFMS), Bionik Laboratories (BNKL), COLLPLANT HOLDI/S (CLGN) and NanoVibronix (NAOV).

Wright Medical Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (17.57%), Vanguard Group Inc. (9.24%), Vanguard Group Inc (8.71%), BlackRock Inc. (8.43%), Capital Research Global Investors (4.34%) and Janus Henderson Group PLC (3.10%). Company insiders that own Wright Medical Group stock include David D Stevens, Elizabeth H Weatherman, Gregory Morrison, James Lightman, Jennifer S Walker, John L Miclot, Jonathan Wesley Porter, Julie Andrews, Kevin C Oboyle, Kevin D Cordell, Lance A Berry, Patrick Fisher, Peter Cooke, Richard F Wallman and Robert P Burrows III. View Institutional Ownership Trends for Wright Medical Group.

WMGI stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Point72 Asset Management L.P., Capital Research Global Investors, AXA, Marshall Wace North America L.P., Renaissance Technologies LLC, Gabelli Funds LLC and Eaton Vance Management. Company insiders that have sold Wright Medical Group company stock in the last year include Elizabeth H Weatherman, James Lightman, Jennifer S Walker, Julie Andrews, Kevin C Oboyle, Kevin D Cordell, Lance A Berry, Patrick Fisher, Peter Cooke and Robert P Burrows III. View Insider Buying and Selling for Wright Medical Group.

WMGI stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Redmile Group LLC, Marshall Wace LLP, Vanguard Group Inc, Partner Fund Management L.P., Janus Henderson Group PLC and Laurion Capital Management LP. View Insider Buying and Selling for 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.

One share of WMGI stock can currently be purchased for approximately $27.52.

Wright Medical Group has a market capitalization of $3.45 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.

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

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]