Zimmer Holdings, Inc. (ZMH) Plans Quarterly Dividend of $0.22
Zimmer Holdings (NYSE:ZMH) declared a quarterly dividend on Tuesday, August 26th, Analyst Ratings Net reports. Stockholders of record on Friday, September 26th will be given a dividend of 0.22 per share on Friday, October 31st. This represents a $0.88 dividend on an annualized basis and a yield of 0.88%.
A number of research firms have recently commented on ZMH. Analysts at William Blair upgraded shares of Zimmer Holdings from a “market perform” rating to an “outperform” rating in a research note on Monday, August 18th. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Zimmer Holdings in a research note on Friday, August 8th. They now have a $100.00 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “sell” rating on shares of Zimmer Holdings in a research note on Monday, July 28th. They now have a $95.00 price target on the stock, up previously from $92.00. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $108.40.
Zimmer Holdings (NYSE:ZMH) opened at 100.46 on Tuesday. Zimmer Holdings has a 52-week low of $78.00 and a 52-week high of $108.33. The stock’s 50-day moving average is $100.3 and its 200-day moving average is $99.18. The company has a market cap of $16.969 billion and a price-to-earnings ratio of 21.73.
Zimmer Holdings (NYSE:ZMH) last released its earnings data on Thursday, July 24th. The company reported $1.49 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.49. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the company posted $1.43 earnings per share. The company’s revenue for the quarter was up 1.1% on a year-over-year basis. Analysts expect that Zimmer Holdings will post $6.05 EPS for the current fiscal year.
Zimmer Holdings, Inc (NYSE:ZMH) designs, develops, manufactures and markets orthopaedic reconstructive, spinal and trauma devices, biologics, dental implants and related surgical products.
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