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 a portfolio of 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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