NASDAQ:WMGI - Wright Medical Group Stock Price, Price Target & More

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$26.09 -0.60 (-2.25 %)
(As of 06/25/2018 11:37 AM ET)
Previous Close$26.77
Today's Range$26.02 - $26.77
52-Week Range$19.01 - $29.89
Volume21,105 shs
Average Volume1.38 million shs
Market Capitalization$2.83 billion
P/E Ratio-121.32
Dividend YieldN/A
Beta0.78
Wright Medical Group logoWright Medical Group N.V., a medical device company, designs, manufactures, markets, and sells extremities and biologics products. 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 primarily offers its products to orthopaedic, trauma, and podiatric surgeons. It markets and sells its products through direct sales representatives and independent sales agencies in the United States, as well as direct sales offices and distributors in approximately 50 countries. The company was founded in 1999 and is headquartered in Amsterdam, the Netherlands.

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Industry, Sector and Symbol

Industry Surgical appliances & supplies
Sub-IndustryHealth Care Equipment
SectorMedical
SymbolNASDAQ:WMGI
CUSIPN8723710
Phone31-20-521-4777

Debt

Debt-to-Equity Ratio1.46
Current Ratio1.42
Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio-121.32
Forward P/E Ratio-163.06
P/E GrowthN/A

Sales & Book Value

Annual Sales$744.99 million
Price / Sales3.71
Cash Flow$1.0432 per share
Price / Cash25.01
Book Value$5.57 per share
Price / Book4.68

Profitability

EPS (Most Recent Fiscal Year)($0.22)
Net Income$-202,590,000.00
Net Margins-22.11%
Return on Equity-2.58%
Return on Assets-0.70%

Miscellaneous

Employees2,675
Outstanding Shares105,970,000

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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) posted its earnings results on Wednesday, May, 9th. The medical device company reported ($0.01) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.07) by $0.06. The medical device company had revenue of $198.54 million for the quarter, compared to analyst estimates of $193.69 million. Wright Medical Group had a negative return on equity of 2.58% and a negative net margin of 22.11%. Wright Medical Group's revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.09) EPS. 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 Wednesday, August, 1st 2018. View Earnings Estimates for Wright Medical Group.

What guidance has Wright Medical Group issued on next quarter's earnings?

Wright Medical Group issued an update on its FY18 earnings guidance on Wednesday, May, 9th. The company provided earnings per share guidance of -$0.23 to -$0.16 for the period, compared to the Thomson Reuters consensus estimate of ($0.18). The company issued revenue guidance of $800 million to $812 million, compared to the consensus revenue estimate of $808.46 million.

What price target have analysts set for WMGI?

11 analysts have issued 12-month price targets for Wright Medical Group's shares. Their predictions range from $25.00 to $34.00. On average, they expect Wright Medical Group's share price to reach $29.6667 in the next twelve months. View Analyst Ratings for Wright Medical Group.

Are investors shorting Wright Medical Group?

Wright Medical Group saw a increase in short interest in May. As of May 15th, there was short interest totalling 13,264,912 shares, an increase of 16.0% from the April 30th total of 11,433,115 shares. Based on an average trading volume of 1,207,192 shares, the short-interest ratio is presently 11.0 days. Currently, 12.6% of the company's shares are sold short. View Wright Medical Group's Current Options Chain.

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

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 73)
  • Mr. Lance A. Berry, Sr. VP & CFO (Age 46)
  • Mr. James A. Lightman, Sr. VP, Gen. Counsel & Sec. (Age 60)
  • Mr. Jason D. Asper, Sr. VP of Strategy & Corp. Devel. (Age 43)
  • Mr. Kevin D. Cordell, Pres of U.S. (Age 52)

Has Wright Medical Group been receiving favorable news coverage?

Media headlines about WMGI stock have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Wright Medical Group earned a media sentiment score of 0.16 on Accern's scale. They also gave news articles about the medical device company an impact score of 45.82 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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 Palo Alto Investors LP (2.60%), Fisher Asset Management LLC (2.59%), Northern Trust Corp (1.72%), GW&K Investment Management LLC (1.28%), Loomis Sayles & Co. L P (1.23%) and Westfield Capital Management Co. LP (0.92%). Company insiders that own Wright Medical Group stock include David D Stevens, Elizabeth H Weatherman, Gregory Morrison, Jennifer S Walker, John L Miclot, Jonathan Wesley Porter, Julie Andrews, Kevin D Cordell, Lance A Berry, Patrick Fisher, Richard F Wallman, Robert P Burrows III and Sean Carney. View Institutional Ownership Trends for Wright Medical Group.

Which institutional investors are selling Wright Medical Group stock?

WMGI stock was sold by a variety of institutional investors in the last quarter, including Westfield Capital Management Co. LP, State of Tennessee Treasury Department, Blair William & Co. IL, Fisher Asset Management LLC, Loomis Sayles & Co. L P, Thrivent Financial for Lutherans, Keeley Teton Advisors LLC and California Public Employees Retirement System. Company insiders that have sold Wright Medical Group company stock in the last year include Gregory Morrison, Jennifer S Walker, Julie Andrews, Kevin D Cordell, Lance A Berry, Patrick Fisher and Robert P Burrows III. View Insider Buying and Selling for Wright Medical Group.

Which institutional investors are buying Wright Medical Group stock?

WMGI stock was acquired by a variety of institutional investors in the last quarter, including Chicago Capital LLC, Tygh Capital Management Inc., Millennium Management LLC, Engineers Gate Manager LP, Schwab Charles Investment Management Inc., Palo Alto Investors LP, GSA Capital Partners LLP and A.R.T. Advisors LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is Wright Medical Group's stock price today?

One share of WMGI stock can currently be purchased for approximately $26.11.

How big of a company is Wright Medical Group?

Wright Medical Group has a market capitalization of $2.83 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.

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 (WMGI)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  416 (Vote Outperform)
Underperform Votes:  408 (Vote Underperform)
Total Votes:  824
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 6/25/2018 by MarketBeat.com Staff

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