Here's Why You Should Hold On To Zimmer (ZBH) Stock For Now
Zacks Investment Research | Jan 05, 2020 08:53PM ET
Zimmer Biomet Holdings, Inc. (NYSE:ZBH) has been gaining from several sales-building efforts — including product launches, partnerships and robust segmental growth. The company has also been enhancing focus on emerging markets. Further, its Quality Begins With Me program continues to perform well on steady customer adoption.
However, the company’s declining Spine & CMF sales at constant exchange rate (CER) are disappointing. We believe that escalating costs and expenses are also exerting pressure on the adjusted operating margin.
Over the past year, shares of the Zacks Rank #3 (Hold) stock have outperformed its Zacks Investment Research
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