ZimVie: Shrinking Its Way To Profitability [Seeking Alpha]
ZimVie Inc. (ZIMV)
Company Research
Source: Seeking Alpha
The Dental market only offers modest growth with increasing competition, though. The divestment of the Spine business will bring in cash and strengthen ZimVie's balance sheet, but the company still faces challenges in generating profits. If the Spine sale goes smoothly and Dental demand improves, ZimVie may end up proving itself reasonably inexpensive. I believe the risk of ongoing issues is too great, though. Since being spun-out from Zimmer Biomet Holdings ( ZBH ) in early 2022, ZimVie Inc. NASDAQ: ZIMV ) has faced end market headwinds and reported fairly lackluster results. ZimVie now plans on divesting its Spine business so that it can focus on the higher growth Dental opportunity. While this will bring in a large amount of cash, and help ZimVie to shore up its balance sheet , it ultimately may not make the company much more appealing. Dental is the more attractive end market, but it still offers only modest growth with increasing competition. ZimVie's business will be mor
Show less
Read more
Impact Snapshot
Event Time:
ZIMV
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
ZIMV 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
ZIMV alerts
High impacting ZimVie Inc. news events
Weekly update
A roundup of the hottest topics
ZIMV
News
- ZimVie to Report First Quarter Financial Results on May 8, 2024 [Yahoo! Finance]Yahoo! Finance
- ZimVie to Report First Quarter Financial Results on May 8, 2024GlobeNewswire
- ZimVie Inc. (NASDAQ: ZIMV) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- ZimVie Announces Closing of Sale of Spine Business [Yahoo! Finance]Yahoo! Finance
- H.I.G. Capital Acquires the Spine Business of ZimVie Rebranded as Highridge Medical [Yahoo! Finance]Yahoo! Finance
ZIMV
Earnings
- 11/1/23 - Beat
ZIMV
Sec Filings
- 4/4/24 - Form 8-K/A
- 4/3/24 - Form 4
- 4/2/24 - Form 4
- ZIMV's page on the SEC website