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

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$28.75 +0.61 (+2.17 %)
(As of 11/21/2018 11:36 AM ET)
Previous Close$28.14
Today's Range$28.11 - $28.7750
52-Week Range$19.01 - $30.75
Volume133,592 shs
Average Volume1.70 million shs
Market Capitalization$3.57 billion
P/E Ratio-130.68
Dividend YieldN/A
Beta1.06
Wright 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

Stock Exchange NASDAQ
Industry Surgical appliances & supplies
Sub-IndustryHealth Care Equipment
SectorMedical
Current SymbolNASDAQ:WMGI
Previous Symbol
CUSIPN8723710
Phone31-20-521-4777

Debt

Debt-to-Equity Ratio0.61
Current Ratio1.24
Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio-130.68
Forward P/E Ratio-410.71
P/E GrowthN/A

Sales & Book Value

Annual Sales$744.99 million
Price / Sales4.83
Cash Flow$1.0756 per share
Price / Cash26.73
Book Value$7.66 per share
Price / Book3.75

Profitability

EPS (Most Recent Fiscal Year)($0.22)
Net Income$-202,590,000.00
Net Margins-13.07%
Return on Equity-0.60%
Return on Assets-0.17%

Miscellaneous

Employees2,675
Outstanding Shares125,080,000
Market Cap$3.57 billion
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 quarterly earnings data on Wednesday, November, 7th. The medical device company reported ($0.09) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.15) by $0.06. The medical device company earned $194.11 million during the quarter, compared to analyst estimates 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 quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last year, the company earned ($0.16) earnings per share. 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 Tuesday, February 26th 2019. 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, November, 7th. The company provided earnings per share guidance of ($0.08)-($0.03) for the period, compared to the Thomson Reuters consensus earnings per share 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.

What price target have analysts set for WMGI?

13 brokerages have issued 1-year price targets for Wright Medical Group's stock. Their predictions range from $25.00 to $35.00. On average, they anticipate Wright Medical Group's share price to reach $32.75 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets for Wright Medical Group.

What is the consensus analysts' recommendation for Wright Medical Group?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wright Medical Group in the last year. There are currently 1 hold rating and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wright Medical Group.

Has Wright Medical Group been receiving favorable news coverage?

News articles about WMGI stock have been trending very positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Wright Medical Group earned a coverage optimism score of 3.1 on InfoTrie's scale. They also gave press coverage about the medical device company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the stock's share price in the next few days.

Are investors shorting Wright Medical Group?

Wright Medical Group saw a decrease in short interest in October. As of October 15th, there was short interest totalling 15,721,342 shares, a decrease of 7.5% from the September 28th total of 17,000,936 shares. Based on an average daily volume of 1,088,315 shares, the short-interest ratio is currently 14.4 days. Approximately 12.7% of the shares of the company are short sold. 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)

Who are Wright Medical Group's major shareholders?

Wright Medical Group's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (17.57%), BlackRock Inc. (8.43%), Capital Research Global Investors (4.34%), Janus Henderson Group PLC (3.10%), Fisher Asset Management LLC (2.58%) and AXA (2.39%). 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, Robert P Burrows III and Sean Carney. 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 Bank of New York Mellon Corp, Point72 Asset Management L.P., Capital Research Global Investors, AXA, Renaissance Technologies LLC, Gabelli Funds LLC, Eaton Vance Management and Fisher Asset Management LLC. 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.

Which major investors are buying Wright Medical Group stock?

WMGI stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Redmile Group LLC, Partner Fund Management L.P., Janus Henderson Group PLC, Laurion Capital Management LP, Columbus Circle Investors, Glenmede Trust Co. NA and Capital International Investors. 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 $28.75.

How big of a company is Wright Medical Group?

Wright Medical Group has a market capitalization of $3.57 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.

What is Wright Medical Group's official website?

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

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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  459 (Vote Outperform)
Underperform Votes:  437 (Vote Underperform)
Total Votes:  896
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 11/21/2018 by MarketBeat.com Staff

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