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ZBHZimmer Biomet Holdings, Inc.Buy Wait5.9·$87.47+3.92%
Buy WaitModerate Confidence
Investment thesis

Zimmer Biomet has achieved a perfect 4-for-4 earnings beat streak and a maximum Piotroski F-Score of 9/9, yet trades at a death-cross technical setup with almost no gap to its analyst price target, making the risk-reward unattractive at current levels.

Thesis pillars

  • Perfect Earnings Beat StreakStable
  • Maximum Piotroski Quality ScoreStable
  • Analyst Target ExhaustedStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Zimmer Biomet Holdings, Inc. (ZBH) Stock Analysis

Range Bound setup

Buy WaitModerate Confidence

Healthcare · Medical Devices

Wait for pullback to $81.00. At $87.47 the A.R:R is 0.3:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $81.00 (Rr Min Solve Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Supplier: single-source materials and components; Analyst target reached - limited upside remaining.

Zimmer Biomet designs, manufactures and markets orthopedic implants (knees, hips), sports medicine/biologics/trauma products, craniomaxillofacial devices, and digital/robotic technologies across Americas, EMEA and Asia Pacific segments. Approximately 85% of 2025 net sales were... Read more

$87.47+9.9% A.UpsideScore 5.9/10#12 of 64 Medical Devices
QualityF-score9 / 9FCF yield6.17%
IncomeYield1.10%(5y avg 0.85%)Payout24.87%sustainable
Entry $81.00(Rr Min Solve Sticky)Stop $75.68Target $88.83(analyst − 10%)A.R:R 0.3:1
Analyst target$98.70+12.8%20 analysts
$88.83our TP
$87.47price
$98.70mean
$130

Wait for pullback to $81.00. At $87.47 the A.R:R is 0.3:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $81.00 (Rr Min Solve Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Supplier: single-source materials and components; Analyst target reached - limited upside remaining. Chart setup: RSI 51 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 5.9/10, moderate confidence.

Passes 5/9 gates (clean insider activity, news events none recent, earnings proximity 34d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 6, 202634d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Positive news sentiment (+0.90)
Attractive valuation
Risks
Concentration risk — Supplier: single-source materials and components
Analyst target reached - limited upside remaining
Negative momentum

Key Metrics

P/E (TTM)22.7
P/E (Fwd)9.7
Mkt Cap$16.9B
EV/EBITDA9.3
Profit Mgn9.1%
ROE6.1%
Rev Growth9.3%
Beta0.46
Dividend1.10%
Rating analysts34

Quality Signals

Piotroski F9/9MoatNarrow

Options Flow

P/C0.09bullish
IV42%normal

Concentration Risks(10-K Item 1A)

  • HIGHSuppliersingle-source materials and components
    10-K Item 1A: 'Certain of these materials and components and outsourced activities can only be obtained from a single source or a limited number of sources due to quality considerations'

Material Events(8-K, last 90d)

  • 2026-04-28Item 5.02MEDIUM
    CFO Suketu Upadhyay resigned effective April 28, 2026 to pursue a new professional opportunity; no disagreement with the company cited. Paul Stellato (VP, Controller and CAO) appointed interim CFO; permanent search underway.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Obv
1.0
Ma Position
3.0
Volume
3.3
Rsi
4.5
Volume distribution (falling OBV)Below 200-MA, MA slope -2.4%/30d — confirmed downtrend
GatesMomentum 2.4<4.5A.R:R 0.3 < 1.5@spotDeath cross (50MA < 200MA)Executive change: officer departure/appointmentInsider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 34d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
51 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $83.72Resistance $93.34

Price Targets

$76
$81
$89
A.Upside+1.6%
A.R:R0.3:1

Position Sizing

ConvictionMedium conviction
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (1.6% upside)
! NEWS_MOD=+2: HOLD_IF_HOLDING → STRONG_BUY_WAIT
! momentum at 2.4 (below the engine's 4.5 threshold)

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-06 (34d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ZBH stock a buy right now?

Wait for pullback to $81.00. At $87.47 the A.R:R is 0.3:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $81.00 (Rr Min Solve Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Supplier: single-source materials and components; Analyst target reached - limited upside remaining. Chart setup: RSI 51 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $88.83 (+1.6%), stop $75.68 (−15.6%), A.R:R 0.3:1. Score 5.9/10, moderate confidence.

What is the ZBH stock price target?

Take-profit target: $88.83 (+9.9% upside). Target $88.83 (+1.6%), stop $75.68 (−15.6%), A.R:R 0.3:1. Stop-loss: $75.68.

What are the risks of investing in ZBH?

Concentration risk — Supplier: single-source materials and components; Analyst target reached - limited upside remaining; Negative momentum.

Is ZBH overvalued or undervalued?

Zimmer Biomet Holdings, Inc. trades at a P/E of 22.7 (forward 9.7). TrendMatrix value score: 7.5/10. Verdict: Buy (Wait for Entry).

What do analysts say about ZBH?

34 analysts cover ZBH with a consensus score of 3.4/5. Average price target: $99.

What does Zimmer Biomet Holdings, Inc. do?Zimmer Biomet designs, manufactures and markets orthopedic implants (knees, hips), sports medicine/biologics/trauma...

Zimmer Biomet designs, manufactures and markets orthopedic implants (knees, hips), sports medicine/biologics/trauma products, craniomaxillofacial devices, and digital/robotic technologies across Americas, EMEA and Asia Pacific segments. Approximately 85% of 2025 net sales were consignment-based; no single customer exceeded 2% of net sales. The company employed approximately 17,000 people worldwide as of December 31, 2025.

Related stocks: GMED (Globus Medical, Inc.) · BSX (Boston Scientific Corporation) · PODD (Insulet Corporation) · DXCM (DexCom, Inc.) · MASI (Masimo Corporation)
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