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

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

Wright Medical Group NV (NASDAQ:WMGI) posted its earnings results on Friday, November, 8th. The medical device company reported ($0.05) EPS for the quarter, topping the Zacks' consensus estimate of ($0.06) by $0.01. The medical device company earned $212.43 million during the quarter, compared to analyst estimates 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.

Wright Medical Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Wright Medical Group.

14 Wall Street analysts have issued twelve-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 3.5%. 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 11 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wright Medical Group.

News coverage about WMGI stock has trended somewhat positive on Friday, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Wright Medical Group earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned news coverage about the medical device company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Wright Medical Group.

Wright Medical Group saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 24,990,000 shares, an increase of 15.3% from the December 15th total of 21,680,000 shares. Based on an average daily trading volume, of 5,270,000 shares, the days-to-cover ratio is presently 4.7 days. Approximately 19.9% of the shares of the company are sold short. View Wright Medical Group's Current Options Chain.

Some companies that are related to Wright Medical Group include Medtronic (MDT), Abbott Laboratories (ABT), Stryker (SYK), Becton Dickinson and (BDX), Intuitive Surgical (ISRG), Boston Scientific (BSX), Edwards Lifesciences (EW), Baxter International (BAX), IDEXX Laboratories (IDXX), ResMed (RMD), DexCom (DXCM), Teleflex (TFX), Hologic (HOLX), Varian Medical Systems (VAR) and Steris (STE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Wright Medical Group investors own include Exelixis (EXEL), Immunomedics (IMMU), Gilead Sciences (GILD), Vereit (VER), Endo International (ENDP), GW Pharmaceuticals PLC- (GWPH), Horizon Therapeutics (HZNP), The Medicines (MDCO), PTC Therapeutics (PTCT) and ZIOPHARM Oncology (ZIOP).

Wright Medical Group's stock is owned by many different of retail and institutional investors. Top institutional investors include FNY Investment Advisers LLC (0.27%), Alpine Global Management LLC (0.17%), Chicago Capital LLC (0.16%), Jackson Financial Management (0.02%), Cerebellum GP LLC (0.01%) and Vishria Bird Financial Group LLC (0.01%). 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.

WMGI stock was sold by a variety of institutional investors in the last quarter, including Chicago Capital 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.

WMGI stock was bought by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, Alpine Global Management LLC, 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.

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.

One share of WMGI stock can currently be purchased for approximately $30.10.

Wright Medical Group has a market capitalization of $3.82 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.

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]