Last $121.33 USD
Change Today +0.81 / 0.67%
Volume 579.4K
ZMH On Other Exchanges
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As of 6:40 PM 02/26/15 All times are local (Market data is delayed by at least 15 minutes).

zimmer holdings inc (ZMH) Key Developments

Zimmer Holdings, Inc. Announces Quarterly Dividend for First Quarter of 2015, Payable on or About April 24, 2015

Zimmer Holdings, Inc. announced that its Board of Directors has approved the payment of a quarterly cash dividend to stockholders for the first quarter of 2015. The cash dividend of $0.22 per share will be paid on or about April 24, 2015, to stockholders of record as of the close of business on March 6, 2015.

Zimmer Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter Ending March 31, 2015

Zimmer Holdings, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net sales of $1,222.9 million against $1,240.7 million a year ago. Operating profit was $225.8 million against $315.3 million a year ago. Earnings before income taxes were $194.2 million against $303.0 million a year ago. Net earnings of the company were $156.6 million or $0.91 per diluted share against $235.9 million or $1.36 per diluted share a year ago. Adjusted net earnings were $295.6 million against $288.6 million a year ago. Adjusted diluted EPS was $1.71 against $1.66 a year ago. Operating cash flow for the quarter amounted to $354.2 million, an increase of 18% over $342 million in the fourth quarter of 2013. The increase is driven by primarily by improved collections of accounts receivable in certain European countries and a collection of an insurance recovery pertaining to prior-period product liability claims. Capital expenditures for the quarter totaled $83.7 million, including $34.5 million for instruments and $49.2 million for property, plant and equipment. Adjusted operating profit in the quarter amounted to $404.6 million or 33.1%. For the full year, the company reported net sales of $4,673.3 million against $4,623.4 million a year ago. Operating profit was $1,034.7 million against $1,035.6 million a year ago. Earnings before income taxes were $943.9 million against $981.1 million a year ago. Net earnings of the company were $720.1 million or $4.19 per diluted share against $759.2 million or $4.43 per diluted share a year ago. Net cash provided by operating activities was $1,052.8 million against $963.1 million a year ago. Additions to instruments were $197.4 million against $192.9 million a year ago. Additions to other property, plant and equipment were $144.9 million against $100.0 million a year ago. Adjusted net earnings were $1,041.0 million against $988.4 million a year ago. Adjusted diluted EPS was $6.06 against $5.75 a year ago. The company expects revenues for the first quarter of 2015 to increase between 1.5% and 2.5% on a billing day and constant currency basis over the prior year period. The company estimates that foreign currency translation will decrease revenues by approximately 6.0% for the first quarter of 2015. First quarter 2015 diluted earnings per share are projected to be in a range of $1.12 to $1.14 on a reported basis and $1.58 to $1.60 on an adjusted cash basis. The company expects gross margin ratio to be between 73.5% and 74%. The company anticipates an adjusted effective tax rate to be between 26% and 26.5%. The company expects amortization during this first quarter to be $24 million or approximately $0.10 per share after tax. Therefore, 2015 first quarter adjusted diluted earnings per share are projected to be in a range of $1.58 to $1.60.

Zimmer Holdings, Inc. to Report Q4, 2014 Results on Jan 29, 2015

Zimmer Holdings, Inc. announced that they will report Q4, 2014 results at 8:00 AM, US Eastern Standard Time on Jan 29, 2015

Zimmer Holdings, Inc., Q4 2014 Earnings Call, Jan 29, 2015

Zimmer Holdings, Inc., Q4 2014 Earnings Call, Jan 29, 2015

Zimmer Holdings, Inc. Presents at 33rd Annual J.P. Morgan Healthcare Conference, Jan-13-2015 07:30 AM

Zimmer Holdings, Inc. Presents at 33rd Annual J.P. Morgan Healthcare Conference, Jan-13-2015 07:30 AM. Venue: Westin St. Francis Hotel, San Francisco, California, United States. Speakers: David C. Dvorak, Chief Executive Officer, President and Director.

 

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ZMH

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Valuation ZMH Industry Range
Price/Earnings 28.7x
Price/Sales 4.4x
Price/Book 3.1x
Price/Cash Flow 28.4x
TEV/Sales 3.7x
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