All Posts Tagged With: "ZMH"
(MDT) MedTech Industry Stock Outlook – March 2012 – Zacks Analyst Interviews
Last year proved to be challenging for medical technology (“MedTech”) stocks given the exigent economic conditions and the precarious healthcare environment. The performance of incumbent players was hamstrung by several macro issues, including sustained price and procedure...
(MDT) MedTech Industry Stock Outlook – March 2012 – Industry Outlook
Last year proved to be challenging for medical technology (“MedTech”) stocks given the exigent economic conditions and the precarious healthcare environment. The performance of incumbent players was hamstrung by several macro issues, including sustained price and procedure...
(ZMH) Zimmer Holdings Earnings Scorecard
The announcement of Zimmer Holdings’ (ZMH) fourth quarter and fiscal 2011 results as on January 26, 2012, has led analysts to revise their estimates lower for the first quarter of fiscal...
(MDT) Medical Technology Industry Stock Outlook – November 2011 – Industry Outlook
The performance of incumbent players in the MedTech industry continued to be hamstrung by a spate of macro issues (including sustained price and procedure volume pressures) in the September quarter. The prevailing macroeconomic factors, pricing headwinds, austerity measures,...
(WMGI) Wright Medical Group Gets a New CEO
International orthopedic devices company Wright Medical Group (WMGI) recently reported that its Board of Directors chose Mr. Robert J. Palmisano as President and CEO, starting from September 17, 2011. Mr....
(WMGI) Wright Medical Group to Restructure
International orthopedic devices company Wright Medical Group (WMGI) recently reported that it is exercising a cost restructuring initiative to improve profitability, promote growth and strengthen cash...
(MDT) Medical Devices Stock Outlook – Sept. 2011 – Industry Outlook
June quarter results mostly mirror the preceding quarter as a host of macro headwinds (including price and procedure volume pressures) continued to haunt the MedTech industry and weighed on the performance of the incumbent players. Although a number of these issues are expected...
(SYK) Stryker Meets The Strret But Costs Hurt
Orthopedic devices major Stryker Corporation (SYK) posted second-quarter fiscal 2011 adjusted earnings per share of 90 cents, meeting the Zacks Consensus Estimate while transcending the year-agoearnings of...
(SNN) Smith & Nephew Acquires Tenet
Smith & Nephew (SNN), an international medical device major operating in the orthopedic reconstruction and trauma, endoscopy and advanced wound management market, recently announced its intention of acquiring...
(MDT) Medical Devices Stock Outlook – June 2011 – Industry Outlook
A host of macro headwinds (including price and procedure volume pressure) which hit the MedTech industry last year continued to haunt the sector during the March quarter and encumber growth. Although a number of these issues are expected to linger through the remainder of...
(WMGI) Wright Medical Group Beats Expectations – Swings to Black
Orthopedic devices maker, Wright Medical Group (WMGI) reported first-quarter fiscal 2011 (excluding one-time items other than stock-based compensation expense) earnings per share of 19 cents, narrowly beating...
(SYK) Stryker 2011 First Quarter Earnings Scorecard
Orthopedic devices major Stryker Corporation (SYK) reported first-quarter fiscal 2011 adjusted (excluding one-time acquisition-related charges) earnings per share of 90 cents, beating the Zacks Consensus Estimate...
(SYK) Stryker First Quarter 2011 Earnings Preview
Orthopedic devices major Stryker Corporation (SYK) is expected to release its first-quarter fiscal 2011 results on Tuesday, April 19, after the closing bell. Although the Michigan-based company has not divulged...
(MDT) Medical Devices Industry Outlook – April 2011 – Industry Outlook
Last year was challenging for medical device companies given the exigent economic conditions and an uncertain healthcare environment. The MedTech industry was hit by several macro headwinds in 2010 including price/volume and utilization pressure and a more restrictive regulatory...
(MDT) Medtronic Buys Rights to Gel Tech
Leading medical devices player, Medtronic (MDT) has recently acquired the rights to chitosan-dextran gel technology from its developers, Adelaide Research & Innovation Private Limited, Robinson Squidgel...
(SYK) Stryker’s New Hip System Approved by FDA
Orthopedic devices major Stryker Corporation (SYK) has secured the 510(k) approval from the U.S. Food and Drug Administration (“FDA”) for its MDM X3 (“Modular Dual Mobility”) mobile bearing hip system....
(WMGI) Wright Medical Group Earnings Inch Past Estimates
Orthopedic devices maker, Wright Medical Group (WMGI) reported fourth-quarter and fiscal 2010 adjusted (excluding one-time items) earnings per share of 22 cents and 68 cents, narrowly beating the Zacks Consensus...
(SYK) Stryker Completes divestiture of OP-1 product franchise
Stryker Corp (SYK) has completed the divestiture of its bone growth product franchise (the “OP-1” product line) to Tokyo-based optical, medical and communication equipment maker Olympus Corporation for...
(SYK) Stryker Fourht Quarter Earnings Beat – Concerns Linger
Orthopedic devices major Stryker Corporation (SYK) reported better-than-expected fourth-quarter fiscal 2010 results with adjusted earnings per share of 93 cents exceeding the Zacks Consensus Estimate of 90...
(SYK) Stryker Increases Quarterly Dividend
Orthopedic devices major Stryker Corp (SYK) has raised its quarterly dividend to 18 cents a share from 15 cents, representing a 20% hike. This lifts the annual dividend to 72 cents per share from the current...
(WMGI) Wright Medical Group Analyst Maintains Shares at Neutral
We reaffirm our Neutral recommendation on Wright Medical Group (WMGI). Both revenues and earnings for third-quarter 2010 missed the Zacks Consensus Estimates. Sales were adversely affected by a slowdown in...
(MDT) Medical Devices Industry Outlook December 2010 – Industry Outlook
Industry Dynamics
The global medical devices industry is fairly large, intensely competitive and highly innovative with 2009 worldwide sales in excess of $220 billion. The U.S. accounts for approximately 41% of this market. The industry is divided into...
(SYK) Stryker Third Quarter 2010 Outperforms – Raises View
Medical technology giant Stryker Corporation (SYK) reported strong third-quarter fiscal 2010 results with adjusted earnings per share of 80 cents beating the Zacks Consensus Estimate of 77 cents and surpassing...
(SMA) Symmetry Medical Maintains Shares at Neutral
We reiterate our Neutral rating on Symmetry Medical (SMA) following the company’s mixed third-quarter fiscal 2010 results. Earnings for the quarter missed the Zacks Consensus Estimate while...
(SYK) Stryker Earnings Scorecard – Estimate Revisions
Third Quarter Revisited
Medical technology giant Stryker Corp. (SYK) posted better-than-expected third quarter results with earnings of 80 cents per share exceeding...
(SYK) Stryker Third Quarter 2010 Earnings Preview
Orthopedic devices major Stryker Corporation (SYK) is slated to release its third-quarter fiscal 2010 results on Tuesday, October 19, 2010. Although the company has not released any official guidance...
(CMS) Medical Devices Industry Outlook – August 2010 – Zacks Analyst Interviews
Prelude
The global medical devices industry is fairly large, intensely competitive and highly innovative with annual worldwide sales in 2009 in excess of $220 billion. The U.S. accounts for approximately 41% of this market.
The industry is divided...
(CMS) Medical Devices Industry Outlook – August 2010 – Industry Outlook
Prelude
The global medical devices industry is fairly large, intensely competitive and highly innovative with annual worldwide sales in 2009 in excess of $220 billion. The U.S. accounts for approximately 41% of this market.
The industry is divided...
(SNN) Smith & Nephew Earnings Beat by a Cent
Smith & Nephew (SNN) reported EPADS (earning per American Depositary Share) of 86 cents in the second quarter of 2010, beating the Zacks Consensus Estimate by a penny and the year-ago quarter’s 77 cents.
Smith...
(SYK) Stryker Earnings Scorecard
Second Quarter Revisited
Medical devices giant Stryker Corp. (SYK) produced a mixed bag in the second quarter, matching earnings expectations while missing on the revenue front. Earnings...