Zimmer Biomet (NYSE:ZBH) Reaches New 12-Month Low - Here's What Happened

Market Beat
2025.04.17 20:14
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Zimmer Biomet (NYSE:ZBH) shares hit a new 52-week low of $97.51 during trading, closing at $97.68. Analysts have mixed ratings, with JMP Securities maintaining a "market outperform" rating and a $140 price target, while Barclays lowered its target to $112. The company reported $2.31 EPS, slightly above estimates, and announced a quarterly dividend of $0.24. Institutional investors hold 88.89% of the stock, with recent purchases from several firms. Zimmer Biomet has a market cap of $19.35 billion and a P/E ratio of 21.85.