Professional
Added to YB: 2024-03-21
Pitch date: 2023-12-31
ZIMV [neutral]
ZimVie Inc.
+7.71%
current return
Author Info
No bio for this author
Company Info
ZimVie Inc., together with its subsidiaries, develops, manufactures, and markets products and solutions designed to support dental tooth replacement and restoration procedures worldwide.
Market Cap
$535.7M
Pitch Price
$17.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.45
P/E
-27.45
EV/Sales
1.58
Sector
Health Care Equipment and Supplies
Category
value
Ariel Focus Fund Portfolio Holding: ZimVie Inc.
ZIMV: Beat earnings, raised FY guide. Selling Spine biz to PE firm to focus on higher growth dental market - deal to boost rev growth, margins & cash flow. Paydown debt with proceeds. Streamlined pure-play dental co positioned for long-term success in attractive end markets.
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