Last $100.00 USD
Change Today +0.18 / 0.18%
Volume 640.0K
ZMH On Other Exchanges
Symbol
Exchange
New York
SIX Swiss Ex
Munich
As of 11:46 AM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

zimmer holdings inc (ZMH) Snapshot

Open
$99.52
Previous Close
$99.82
Day High
$100.52
Day Low
$99.29
52 Week High
04/24/14 - $108.33
52 Week Low
08/29/13 - $78.00
Market Cap
16.8B
Average Volume 10 Days
1.2M
EPS TTM
$5.78
Shares Outstanding
167.8M
EX-Date
06/25/14
P/E TM
17.3x
Dividend
$0.88
Dividend Yield
0.84%
Current Stock Chart for ZIMMER HOLDINGS INC (ZMH)

zimmer holdings inc (ZMH) Related Businessweek News

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zimmer holdings inc (ZMH) Details

Zimmer Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and markets orthopedic reconstructive devices, spinal and trauma devices, biologics, dental implants, and related surgical products in the Americas, Europe, and the Asia Pacific. The company offers orthopedic reconstructive devices that restore function lost due to disease or trauma in joints such as knees, hips, shoulders, and elbows; dental reconstructive implants, which restore function and aesthetics in patients who have lost teeth due to trauma or disease; spinal devices that are utilized by orthopedic surgeons and neurosurgeons in the treatment of degenerative diseases, deformities, and trauma in various regions of the spine; and trauma devices used primarily to reattach or stabilize damaged bone and tissue to support the body’s natural healing process. It also provides related surgical products comprising surgical supplies and instruments designed to aid in orthopedic surgical procedures and post-operation rehabilitation; and other healthcare related services. The company’s principal customers include orthopedic surgeons, neurosurgeons, oral surgeons, dentists, hospitals, stocking distributors, and healthcare dealers, as well as agents, healthcare purchasing organizations, or buying groups. Zimmer Holdings, Inc. was founded in 1927 and is headquartered in Warsaw, Indiana.

9,500 Employees
Last Reported Date: 02/28/14
Founded in 1927

zimmer holdings inc (ZMH) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $904.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $525.7K
President of Europe, Middle East and Africa
Total Annual Compensation: $579.0K
President of Asia Pacific
Total Annual Compensation: $537.9K
Compensation as of Fiscal Year 2013.

zimmer holdings inc (ZMH) Key Developments

Zimmer Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Revises Earnings Guidance for the Year Ending December 31, 2014; Provides Earnings Guidance for the Third Quarter of 2014

Zimmer Holdings, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales of $1,182.9 million against $1,169.5 million a year ago. Operating profit was $259.3 million against $210.4 million a year ago. Earnings before income taxes were $236.4 million against $196.0 million a year ago. Net earnings of the company were $176.5 million against $152.1 million a year ago. Diluted earnings per share were $1.03 against $0.89 a year ago. Adjusted net earnings were $254.7 million against $243.4 million a year ago. Adjusted diluted earnings per share were $1.49 against $1.43 a year ago. Adjusted operating profit in the quarter amounted to $355.4 million. Operating cash flow for the quarter amounted to $254.1 million, an increase of 34% from $189.7 million in the second quarter of 2013. The increase is driven primarily by favorable accounts receivable trends in Europe, Middle East and Africa operating segments and lower tax payments relative to the same period prior year. Capital expenditures for the quarter totaled $94.6 million, including $62.6 million for instruments and $32 million for property, plant and equipment. For the six months, the company reported net sales of $2,344.4 million against $2,308.4 million a year ago. Operating profit was $557.7 million against $508.6 million a year ago. Earnings before income taxes were $522.3 million against $479.7 million a year ago. Net earnings of the company were $398.0 million against $370.7 million a year ago. Diluted earnings per share were $2.32 against $2.17 a year ago. Net cash provided by operating activities was $442.9 million against $370.2 million a year ago. Additions to instruments were $112.0 million against $116.3 million a year ago. Additions to other property, plant and equipment was $63.4 million against $40.3 million a year ago. Adjusted net earnings were $512.8 million against $484.2 million a year ago. Adjusted diluted earnings per share were $2.99 against $2.84 a year ago. For the third quarter, the company expects revenues to increase between 2% and 2.5% constant currency and between 2.5% and 3% on a reported basis when compared to the prior year. Adjusted diluted earnings per share expected to be in the range of $1.29 to $1.31. For the year ending December 31, 2014, the company expects diluted earnings per share to be $4.65 to $4.75. Adjusted diluted earnings per share are expected to be $6.00 to $6.10. Prior guidance for full-year 2014 reported and adjusted diluted earnings per share was $4.90 to $5.10 and $6.00 to $6.20, respectively. This updated guidance reflects estimated charges for inventory and manufacturing related expenses, quality and operational excellence initiatives, certain claims and special items of $250 million on a pre-tax basis, and an additional $70 million for expenses related to the pending Biomet merger, totaling $320 million or approximately $1.35 per diluted share, on an after-tax basis. The estimated full year tax rate remains at 25.5%. On a reported basis, revenues are projected to be between 1.5% and 2.5% above 2013 results.

Zimmer Holdings, Inc., Q2 2014 Earnings Call, Jul 24, 2014

Zimmer Holdings, Inc., Q2 2014 Earnings Call, Jul 24, 2014

Zimmer Holdings, Inc. to Report Q2, 2014 Results on Jul 24, 2014

Zimmer Holdings, Inc. announced that they will report Q2, 2014 results at 7:00 AM, US Eastern Standard Time on Jul 24, 2014

 

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Industry Analysis

ZMH

Industry Average

Valuation ZMH Industry Range
Price/Earnings 22.5x
Price/Sales 3.6x
Price/Book 2.7x
Price/Cash Flow 21.9x
TEV/Sales 2.9x
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