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Zimmer Biomet Holdings, Inc. (ZBH)

Healthcare | Medical Devices | Warsaw, United States | NYSE
94.87 USD +0.49 (0.519%) ⇧ (Oct. 16, 2026, 12:35 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 4 a.m. EDT

The core thesis here is a valuation disconnect. While the stock has dragged down 26% over the last nine years and missed two consecutive annual targets, the forward P/E of 9.8x is compelling compared to the trailing 21.6x, implying the market prices in a significant earnings inflection. Analyst sentiment is shifting aggressively toward Buy with UBS initiating coverage, and earnings growth is accelerating at nearly 34%. However, the technicals remain stubbornly weak, trading below both the 50-day and 200-day averages, which keeps the short-term outlook neutral despite the attractive long-term setup. The options market is split, with buyers betting on a rebound to $100 while others insure against a deeper fall.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.076604
MSTL0.077947
AutoTheta0.082506
AutoARIMA0.085774

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 52%
H-stat 0.59
Ljung-Box p 0.000
Jarque-Bera p 0.240
Excess Kurtosis -0.63
Attribute Value
Sector Healthcare
Ex Dividend Date 2026-09-29
Last Dividend Date 2026-09-29
Debt to Equity Ratio 60.175
Revenue per Share 43.501
Market Cap 18,095,286,272
Trailing P/E 23.03
Forward P/E 10.46
Beta 0.49
Profit Margins 9.48%
Website https://www.zimmerbiomet.com

As of Oct. 10, 2026, 4 a.m. EDT: Speculators are positioning for a range-bound recovery with heavy call interest at the $100 strike for late 2026, suggesting a target level, while significant put volume at $80 and $90 strikes indicates a hedge against further downside. Implied volatility remains elevated, reflecting uncertainty around the earnings report and the multi-year price decline.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.27% 1.06% 0.94% 0.88%
Dividend History
Date Dividend Yield %
2026-09-30 0.240000 0.270179
2026-06-25 0.240000 0.263852
2026-03-31 0.240000 0.265428
2025-12-30 0.240000 0.264346
2025-09-30 0.240000 0.243655
2025-06-26 0.240000 0.261609
2025-03-31 0.240000 0.212052
2024-12-30 0.240000 0.227704
2024-09-30 0.240000 0.222325
2024-06-26 0.240000 0.221996
2024-03-27 0.240000 0.180982
2023-12-26 0.240000 0.197661
2023-09-28 0.240000 0.213409
2023-06-23 0.240000 0.166678
2023-03-28 0.240000 0.190265
2022-12-23 0.240000 0.189439
2022-09-29 0.240000 0.224048
2022-06-24 0.240000 0.220446
2022-03-28 0.240000 0.190961
2021-12-27 0.233010 0.187779
2021-09-29 0.233010 0.160686
2021-06-25 0.233010 0.144709
2021-03-26 0.233010 0.148773
2020-12-24 0.233010 0.160804
2020-09-29 0.233010 0.179910
2020-06-26 0.233010 0.207918
2020-03-26 0.233010 0.237977
2019-12-26 0.233010 0.159681
2019-09-27 0.233010 0.178931
2019-06-27 0.233010 0.208009
2019-03-28 0.233010 0.189036
2018-12-27 0.233010 0.235965
2018-09-27 0.233010 0.185028
2018-06-28 0.233010 0.215692
2018-03-28 0.233010 0.221894
2017-12-28 0.233010 0.197126
2017-09-21 0.233010 0.212277
2017-06-21 0.233010 0.186742
2017-03-29 0.233010 0.197743
2016-12-28 0.233010 0.232874
2016-09-21 0.233010 0.188694
2016-06-22 0.233010 0.202310
2016-03-29 0.233010 0.226758
2015-12-29 0.213592 0.214070
2015-09-28 0.213592 0.238069
2015-05-13 0.213592 0.196709
2015-03-04 0.213592 0.185247
2014-12-24 0.213592 0.192796
2014-09-24 0.213592 0.212294
2014-06-25 0.213592 0.208788
2014-03-26 0.213592 0.237606
2013-12-24 0.194175 0.214823
2013-09-25 0.194175 0.244798
2013-06-26 0.194175 0.266881
2013-03-26 0.194175 0.269506
2012-12-24 0.174757 0.268256
2012-09-25 0.174757 0.269259
2012-06-26 0.174757 0.291923
2012-03-28 0.174757 0.282929
Additional Data
dividendRate 0.96
dividendYield 1.02
exDividendDate 2026-09-30
trailingAnnualDividendRate 0.96
trailingAnnualDividendYield 0.010171646
lastDividendValue 0.24
lastDividendDate 2026-09-30
dividendDate 2026-10-30

Info Dump

Attribute Value
52 Week Change -0.073979616
Address1 345 East Main Street
All Time High 175.1068
All Time Low 23.980583
Ask 94.8
Ask Size 100
Audit Risk 6
Average Analyst Rating 2.5 - Buy
Average Daily Volume10 Day 1,990,630
Average Daily Volume3 Month 2,120,021
Average Volume 2,120,021
Average Volume10Days 1,990,630
Beta 0.485
Bid 94.62
Bid Size 200
Board Risk 8
Book Value 66.232
City Warsaw
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 94.87
Current Ratio 1.691
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 95.905
Day Low 94.59
Debt To Equity 60.175
Display Name Zimmer Biomet
Dividend Date 1,793,318,400
Dividend Rate 0.96
Dividend Yield 1.02
Earnings Call Timestamp End 1,793,822,400
Earnings Call Timestamp Start 1,793,822,400
Earnings Growth 0.338
Earnings Quarterly Growth 0.298
Earnings Timestamp 1,793,795,400
Earnings Timestamp End 1,793,795,400
Earnings Timestamp Start 1,793,795,400
Ebitda 2,524,999,936
Ebitda Margins 0.29674998
Enterprise To Ebitda 9.959
Enterprise To Revenue 2.955
Enterprise Value 25,147,723,776
Eps Current Year 8.53407
Eps Forward 9.06961
Eps Trailing Twelve Months 4.12
Esg Populated 0
Ex Dividend Date 1,790,726,400
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 95.3226
Fifty Day Average Change -0.45259857
Fifty Day Average Change Percent -0.004748072
Fifty Two Week Change Percent -7.3979616
Fifty Two Week High 106.88
Fifty Two Week High Change -12.0099945
Fifty Two Week High Change Percent -0.11236896
Fifty Two Week Low 79.12
Fifty Two Week Low Change 15.75
Fifty Two Week Low Change Percent 0.1990647
Fifty Two Week Range 79.12 - 106.88
Financial Currency USD
First Trade Date Milliseconds 996,067,800,000
Five Year Avg Dividend Yield 0.86
Float Shares 190,127,328
Forward Eps 9.06961
Forward P E 10.460208
Free Cashflow 1,072,150,016
Full Exchange Name NYSE
Full Time Employees 17,000
Fullday Change 0.4900055
Fullday Change Percent 0.51918364
Fullday Price 94.87
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.69524
Gross Profits 5,915,700,224
Has Pre Post Market Data 1
Held Percent Insiders 0.00162
Held Percent Institutions 1.11327
Implied Shares Outstanding 190,737,689
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Ir Website http://investor.zimmer.com/
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,790,726,400
Last Dividend Value 0.24
Last Fiscal Year End 1,767,139,200
Last Split Date 1,646,092,800
Last Split Factor 103:100
Long Business Summary Zimmer Biomet Holdings, Inc., together with its subsidiaries, operates as a medical technology company worldwide. The company designs, manufactures, and markets orthopedic reconstructive products, such as knee and hip products; S.E.T. products, including sports medicine, biologics, foot and ankle, upper extremities, and trauma and CMFT products; sports medicine products for the repair of soft tissue injuries, used in the knee and shoulder; and craniomaxillofacial and thoracic products comprising face and skull reconstruction products, as well as products that fixate and stabilize the bones of the chest to facilitate healing or reconstruction after open-heart surgery, trauma, or for deformities of the chest. It offers technology and data, bone cement, and surgical products; and a suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence. The company's products and solutions are used to treat patients suffering from disorders of, or injuries to, bones, joints, or supporting soft tissues. It serves orthopedic surgeons, neurosurgeons, hospitals, healthcare institutions, stocking distributors, healthcare dealers, and other specialists, as well as agents, healthcare purchasing organizations, or buying groups. It also offers ROSA Robot, which utilizes robotic technologies to assist a surgeon with implant positioning in total knee arthroplasty or partial knee arthroplasty; and the ZBEdge Platform connects robotic and digital technologies together to collect data before, during and after surgery, that can deliver insights to surgeons to assist in making informed decisions on patient care. The company was formerly known as Zimmer Holdings, Inc. and changed its name to Zimmer Biomet Holdings, Inc. in June 2015. Zimmer Biomet Holdings, Inc. was founded in 1927 and is headquartered in Warsaw, Indiana.
Long Name Zimmer Biomet Holdings, Inc.
Market us_market
Market Cap 18,095,286,272
Market State REGULAR
Max Age 86,400
Message Board Id finmb_264048
Most Recent Quarter 1,782,777,600
Net Income To Common 806,700,032
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 17,334,241,176
Number Of Analyst Opinions 22
Open 95.0
Operating Cashflow 1,743,299,968
Operating Margins 0.17959999
Overall Risk 7
Payout Ratio 0.233
Peg Ratio 0.58
Phone 574 373 3333
Previous Close 94.38
Price Eps Current Year 11.116619
Price Hint 2
Price To Book 1.4323891
Price To Sales Trailing12 Months 2.1266556
Profit Margins 0.09481
Quick Ratio 0.741
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.46429
Region US
Regular Market Change 0.4900055
Regular Market Change Percent 0.51918364
Regular Market Day High 95.905
Regular Market Day Low 94.59
Regular Market Day Range 94.59 - 95.905
Regular Market Open 95.0
Regular Market Previous Close 94.38
Regular Market Price 94.87
Regular Market Time 1,792,168,548
Regular Market Volume 461,756
Return On Assets 0.03878
Return On Equity 0.06413
Revenue Growth 0.048
Revenue Per Share 43.501
Sand P52 Week Change 0.16207206
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 4
Shares Outstanding 190,737,689
Shares Percent Shares Out 0.0511
Shares Short 9,745,945
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 8,788,234
Short Name Zimmer Biomet Holdings, Inc.
Short Percent Of Float 0.0674
Short Ratio 4.74
Source Interval 15
State IN
Symbol ZBH
Target High Price 130.0
Target Low Price 93.0
Target Mean Price 106.81818
Target Median Price 105.0
Total Cash 464,500,000
Total Cash Per Share 2.435
Total Debt 7,601,699,840
Total Revenue 8,508,800,000
Tradeable 0
Trailing Annual Dividend Rate 0.96
Trailing Annual Dividend Yield 0.010171646
Trailing Eps 4.12
Trailing P E 23.026701
Trailing Peg Ratio 0.5712
Triggerable 1
Two Hundred Day Average 91.36505
Two Hundred Day Average Change 3.5049515
Two Hundred Day Average Change Percent 0.03836206
Type Disp Equity
Volume 461,756
Website https://www.zimmerbiomet.com
Zip 46,580