Needham sees BSX, CNMD, RMD beating Street, despite medtech slow down [Seeking Alpha]
Zimmer Biomet Holdings, Inc. (ZBH)
Last zimmer biomet holdings, inc. earnings: 2/4 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
investor.zimmerbiomet.com
Company Research
Source: Seeking Alpha
Surmodics ( NASDAQ: SRDX ) should still be able to beat the Street when they roll out their respective quarterly reports later this month. The investment firm said its models indicate that the medtech market only grew by 5.3% in Q1 versus 8.3% in Q4 2023. Needham added, however, that its Google Trends tracker showed searches for elective procedures slowed year-over-year to (2%) in Q1 from 4% in Q4, “which may mean that there will be fewer medtech companies that beat consensus and more that miss consensus in Q1 2024 compared to Q4 2023.” Despite the slowdown, Needham expects sector bellwether Boston Sci, which is set to report on April 24, to beat consensus, due to new product launches and management's “conservative” guidance, and to raise its 2024 forecast. Consensus revenue estimates are currently $3.68B and $15.59B for Q1 and 2024, respectively. Boston Scientific has guided for 2024 revenue of between $15.45B and $15.59B, according to Needham. Needham noted that it sees Bost
Show less
Read more
Impact Snapshot
Event Time:
ZBH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ZBH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ZBH alerts
High impacting Zimmer Biomet Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
ZBH
News
- Hamilton Global Opportunities plc (ALHGO.PA) Announces a Successful Issue of Shares to European Institutional Investors by Way of Private Placement [Yahoo! Finance]Yahoo! Finance
- Unlocking Q1 Potential of Zimmer (ZBH): Exploring Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Is Zimmer Biomet Holdings, Inc. (NYSE:ZBH) Potentially Undervalued? [Yahoo! Finance]Yahoo! Finance
- Global Urine Output Monitoring Systems Market is Projected to Grow at a CAGR of ~5% by 2030 | DelveInsight [Yahoo! Finance]Yahoo! Finance
- Medical Kiosk Market to Reach $5.23 Billion by 2033; Growing Need for Personalized Healthcare to Propel Growth [Yahoo! Finance]Yahoo! Finance
ZBH
Earnings
- 2/8/24 - Beat
ZBH
Sec Filings
- 4/3/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- ZBH's page on the SEC website