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.
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Industry, Sector and Symbol
Industry Surgical appliances & supplies
Sub-IndustryHealth Care Equipment
SectorMedical
Phone31-20-521-4777
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$836.19 million
Profitability
Miscellaneous
Employees2,894
Next Earnings Date2/25/2020 (Estimated)
OptionableOptionable
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) announced its earnings results on Wednesday, August, 8th. The medical device company reported ($0.03) EPS 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 analysts' expectations of $197.20 million. Wright Medical Group had a positive return on equity of 1.89% and a negative net margin of 14.49%. Wright Medical Group's revenue for the quarter was up 14.3% on a year-over-year basis. During the same period last year, the business posted ($0.07) EPS. View Wright Medical Group's Earnings History.
When is Wright Medical Group's next earnings date?
What price target have analysts set for WMGI?
14 Wall Street analysts have issued 1-year price objectives for Wright Medical Group's stock. Their forecasts range from $23.00 to $39.00. On average, they expect Wright Medical Group's share price to reach $29.05 in the next year. This suggests that the stock has a possible downside of 4.2%. 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?
News coverage about WMGI stock has trended very negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Wright Medical Group earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave news coverage about the medical device company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. 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 days-to-cover ratio is currently 4.8 days. Approximately 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?
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), Baxter International (BAX), DexCom (DXCM), ResMed (RMD), IDEXX Laboratories (IDXX), Teleflex (TFX), Steris (STE), Hologic (HOLX) and Varian Medical Systems (VAR).
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 variety 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 bought 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 $30.31.
How big of a company is Wright Medical Group?
What is Wright Medical Group's official website?
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)
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.
