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Globus Medical (GMED)
NYSE:GMED
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GMED Stock Chart & Stats
Day’s Range― - ―
52-Week Range$49.33 - $90.95
Previous CloseN/A
Volume442.39K
Average Volume (3M)1.02M
Market Cap
$12.01B
Enterprise Value$9.72B
Total Cash (Recent Filing)$290.31M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)136.7
Beta1.09
Next Earnings
Feb 20, 2025EPS Estimate
0.75Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.66
Shares Outstanding113,737,240
10 Day Avg. Volume1,386,141
30 Day Avg. Volume1,016,094
Standard Deviation0.10
R-Squared0.37
Alpha-0.00280
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.98
Price to Cash Flow (P/CF)15.20
P/FCF Ratio19.00
Enterprise Value/Market Cap0.81
Enterprise Value/Revenue3.92
Enterprise Value/Gross Profit9.53
Enterprise Value/Ebitda16.99
Forecast
1Y Price Target
$98.92Price Target Upside9.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Globus Medical News
Bulls Say, Bears Say
Bulls Say
Financial PerformancePreliminary Q4 revenues of $657 million were well ahead of estimates and consensus, showing strong financial performance.
Innovation And Product LaunchesThe introduction of new products, such as the knee robot, is expected to be a growth driver in 2025.
Revenue SynergiesThe integration risk from the NUVA deal is considered minimal, allowing GMED to focus on driving revenue synergies.
Bears Say
Financial PerformanceThe 2024 EPS estimate is lowered to $2.91 from $3.00 due to a reduction in the 1Q24 estimate.
Integration ChallengesMerging two sizable organizations with different geographic footprints, sales forces, profitability profiles, cultures, and potentially strategic foci historically could lead to some choppiness as the integration proceeds.
Regulatory RiskManagement did not have an update on the FDA warning letter, which could pose a regulatory risk.
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Ownership Overview
16.45% Insiders
30.69% Mutual Funds
0.69% Other Institutional Investors
31.09% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GMED FAQ
What was Globus Medical’s price range in the past 12 months?
Globus Medical lowest stock price was $49.33 and its highest was $90.95 in the past 12 months.
What is Globus Medical’s market cap?
Globus Medical’s market cap is $12.01B.
When is Globus Medical’s upcoming earnings report date?
Globus Medical’s upcoming earnings report date is Feb 20, 2025 which is in 33 days.
How were Globus Medical’s earnings last quarter?
Globus Medical released its earnings results on Nov 05, 2024. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.647 by $0.183.
Is Globus Medical overvalued?
According to Wall Street analysts Globus Medical’s price is currently Undervalued.
Does Globus Medical pay dividends?
Globus Medical does not currently pay dividends.
What is Globus Medical’s EPS estimate?
Globus Medical’s EPS estimate is 0.75.
How many shares outstanding does Globus Medical have?
Globus Medical has 113,737,240 shares outstanding.
What happened to Globus Medical’s price movement after its last earnings report?
Globus Medical reported an EPS of $0.83 in its last earnings report, beating expectations of $0.647. Following the earnings report the stock price went up 9.434%.
Which hedge fund is a major shareholder of Globus Medical?
Among the largest hedge funds holding Globus Medical’s share is Fisher Asset Management LLC. It holds Globus Medical’s shares valued at 26M.
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Globus Medical Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$98.92 (9.34% Upside)
$98.92 (9.34% Upside)
Blogger Sentiment
Bullish
GMED Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 99.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 18.1%
Last 30 Days ▲ 18.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
63.42%
12-Months-Change
Fundamentals
Return on Equity
2.22%
Trailing 12-Months
Asset Growth
-5.04%
Trailing 12-Months
Company Description
Globus Medical
Globus Medical, Inc. operates as a medical device company that develops and commercializes healthcare solutions. The firm engages in developing products that promote healing in patients with musculoskeletal disorders. It classifies products into Innovative Fusion and Disruptive Technology. It operates through the United States and International geographical segments. The company was founded by David C. Paul, David D. Davidar and Andrew Iott in March 2003 and is headquartered in Audubon, PA.
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GMED Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Globus Medical's earnings call highlighted strong sales growth and successful product launches, along with record free cash flow and an increase in annual guidance. However, challenges such as the FDA warning letter and a decline in gross profit margins were noted. Overall, the positive aspects of growth and innovation outweigh the concerns.Read More>---
GMED Net sales Breakdown
92.34% Musculoskeletal Solutions
7.66% Enabling Technologies
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GMED Stock 12 Month Forecast
Average Price Target
$98.92
▲(9.34% Upside)
Technical Analysis
Zimmer Biomet Holdings
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Best Analysts Covering GMED
1 Year
1 Year Success Rate
23/30 ratings generated profit
1 Year Average Return
+20.98%
reiterated a buy rating 5 days ago
Copying Matt Miksic's trades and holding each position for 1 Year would result in 76.67% of your transactions generating a profit, with an average return of +20.98% per trade.
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