NYSE:GMED Globus Medical (GMED) Stock Price, News & Analysis → Bitcoin’s Biggest Year Yet (From Paradigm Press) (Ad) Free GMED Stock Alerts $65.82 +0.43 (+0.66%) (As of 05/24/2024 ET) Add Compare Share Share Today's Range$65.21▼$66.2350-Day Range$49.79▼$67.1552-Week Range$43.38▼$67.37Volume636,464 shsAverage Volume1.34 million shsMarket Capitalization$8.91 billionP/E Ratio102.85Dividend YieldN/APrice Target$68.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Globus Medical alerts: Email Address Globus Medical MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside4.1% Upside$68.50 Price TargetShort InterestBearish6.64% of Shares Sold ShortDividend StrengthN/ASustainability-0.93Upright™ Environmental ScoreNews Sentiment0.80Based on 11 Articles This WeekInsider TradingSelling Shares$5.94 M Sold Last QuarterProj. Earnings Growth16.31%From $2.82 to $3.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.34 out of 5 starsMedical Sector121st out of 923 stocksSurgical & Medical Instruments Industry15th out of 96 stocks 2.3 Analyst's Opinion Consensus RatingGlobus Medical has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageGlobus Medical has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Globus Medical's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.64% of the outstanding shares of Globus Medical have been sold short.Short Interest Ratio / Days to CoverGlobus Medical has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in Globus Medical has recently increased by 19.71%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldGlobus Medical does not currently pay a dividend.Dividend GrowthGlobus Medical does not have a long track record of dividend growth. Previous Next 4.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGlobus Medical has received a 57.33% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Neurostimulators", "Synthetic bone grafts", "Artificial joints", and "Robotic surgery systems" products. See details.Environmental SustainabilityThe Environmental Impact score for Globus Medical is -0.93. Previous Next 3.2 News and Social Media Coverage News SentimentGlobus Medical has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Globus Medical this week, compared to 5 articles on an average week.Search Interest3 people have searched for GMED on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows4 people have added Globus Medical to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Globus Medical insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,940,387.00 in company stock.Percentage Held by Insiders18.54% of the stock of Globus Medical is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions95.16% of the stock of Globus Medical is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Globus Medical's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Globus Medical are expected to grow by 16.31% in the coming year, from $2.82 to $3.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Globus Medical is 102.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Globus Medical is 102.85, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 108.53.Price to Earnings Growth RatioGlobus Medical has a PEG Ratio of 1.83. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGlobus Medical has a P/B Ratio of 2.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Globus Medical's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyI’m afraid WWIII is a very real possibility As one top U.S. cyber official claims: This [tech] is “the most powerful weapon of our time.” That's also why I've produced this new film.Take a look. About Globus Medical Stock (NYSE:GMED)Globus Medical, Inc., a medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally. The company offers spine products, such as traditional fusion implants comprising pedicle screw and rod systems, plating systems, intervertebral spacers, and corpectomy devices for treating degenerative and congenital conditions, deformity, tumors, and trauma injuries; treatment options for motion preservation technologies that consist of dynamic stabilization, total disc replacement, and interspinous distraction devices; interventional solutions to treat vertebral compression fractures; and regenerative biologic products comprising of allografts and synthetic alternatives. It also offers products for the treatment of orthopedic trauma, including fracture plates, compression screws, intramedullary nails, and external fixation systems; and hip and knee joint solutions, including modular hip stems and acetabular cups, as well as posterior stabilizing and cruciate retaining knee arthroplasty implants. In addition, the company distributes human cell, tissue, and cellular and tissue-based products. It sells its products through direct or distributor sales representatives, as well as hip and knee products through independent sales agents. Globus Medical, Inc. was incorporated in 2003 and is headquartered in Audubon, Pennsylvania.Read More GMED Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GMED Stock News HeadlinesMay 15, 2024 | insidertrades.comGlobus Medical, Inc. (NYSE:GMED) Director Dan Lemaitre Sells 63,300 SharesMay 11, 2024 | insidertrades.comGlobus Medical, Inc. (NYSE:GMED) Director Sells $1,300,000.00 in StockMay 21, 2024 | americanbankingnews.comGlobus Medical (NYSE:GMED) Upgraded to Overweight by Piper SandlerMay 20, 2024 | msn.comPiper Sandler Upgrades Globus Medical (GMED)May 20, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Globus Medical (GMED) and Abivax SA Sponsored ADR (ABVX)May 20, 2024 | finance.yahoo.comRubrik and Marex Group initiated: Wall Street's top analyst callsMay 16, 2024 | americanbankingnews.comDan Lemaitre Sells 63,300 Shares of Globus Medical, Inc. (NYSE:GMED) StockMay 13, 2024 | markets.businessinsider.comTruist Financial Keeps Their Hold Rating on Globus Medical (GMED)May 10, 2024 | msn.comGlobus Medical Reports Strong Sales Growth Post-NuVasive Merger Despite Quarterly Net LossMay 9, 2024 | msn.comGlobal Partners LP (NYSE:GLP) Q1 2024 Earnings Call TranscriptMay 9, 2024 | benzinga.comKey Takeaways From Globus Medical Analyst RatingsMay 9, 2024 | finance.yahoo.comThree Growth Companies With High Insider Ownership And 36% Earnings GrowthMay 8, 2024 | marketwatch.comGlobus Medical Shares Rise 22% on Raised FY Outlook, 1Q Revenue BeatMay 8, 2024 | markets.businessinsider.comStrong Buy: Globus Medical’s Robust Performance and Strategic Growth OutlookMay 8, 2024 | markets.businessinsider.comGlobus Medical Up 23% As Q1 Results Beat Street; Raises FY OutlookMay 8, 2024 | msn.comGlobus Medical Shares Race Higher After Better-Than-Expected Q1 ResultsMay 8, 2024 | finance.yahoo.comGlobus Medical, Inc. (NYSE:GMED) Q1 2024 Earnings Call TranscriptMay 8, 2024 | msn.comGMED Stock Earnings: Globus Medical Beats EPS, Beats Revenue for Q1 2024May 8, 2024 | fool.comGlobus Medical (GMED) Q1 2024 Earnings Call TranscriptMay 7, 2024 | msn.comGlobus Medical up 11% on guidance boost, Q1 resultsMay 7, 2024 | globenewswire.comGlobus Medical Reports First Quarter 2024 ResultsMay 7, 2024 | markets.businessinsider.comGlobus Medical A earnings preview: what to expectApril 29, 2024 | nasdaq.comGMED Quantitative Stock Analysis - Benjamin GrahamApril 25, 2024 | finance.yahoo.comWhat Is Globus Medical, Inc.'s (NYSE:GMED) Share Price Doing?April 18, 2024 | msn.comGlobus Medical to Unveil First Quarter Financial Results, Host Conference CallSee More Headlines Receive GMED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Globus Medical and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today5/25/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorMedical Industry Surgical & medical instruments Sub-IndustryHealth Care Equipment Current SymbolNYSE:GMED CUSIP37957720 CIK1237831 Webwww.globusmedical.com Phone(610) 930-1800Fax610-930-2042Employees5,000Year FoundedN/APrice Target and Rating Average Stock Price Target$68.50 High Stock Price Target$85.00 Low Stock Price Target$53.00 Potential Upside/Downside+4.1%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio102.85 Forward P/E Ratio23.34 P/E Growth1.82Net Income$122.87 million Net Margins3.51% Pretax Margin4.93% Return on Equity8.82% Return on Assets7.06% Debt Debt-to-Equity RatioN/A Current Ratio2.33 Quick Ratio1.29 Sales & Book Value Annual Sales$1.57 billion Price / Sales5.68 Cash Flow$3.63 per share Price / Cash Flow18.13 Book Value$28.98 per share Price / Book2.27Miscellaneous Outstanding Shares135,370,000Free Float110,274,000Market Cap$8.91 billion OptionableOptionable Beta1.11 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. David C. Paul (Age 57)Co-Founder & Executive Chairman Comp: $1.21MMr. Daniel T. Scavilla (Age 59)President, CEO & Director Comp: $1.67MMr. Keith W. Pfeil (Age 45)CFO & COO Comp: $884.04kMs. Kelly G. Huller Esq. (Age 52)Senior VP, General Counsel & Secretary Comp: $729.34kMr. Brian J. Kearns (Age 57)Senior Vice President of Business Development & Investor Relations Key CompetitorsResMedNYSE:RMDSTERISNYSE:STEBaxter InternationalNYSE:BAXHologicNASDAQ:HOLXInsuletNASDAQ:PODDView All CompetitorsInsiders & InstitutionsCetera Advisors LLCBought 3,807 shares on 5/24/2024Ownership: 0.003%Swedbank ABBought 325,000 shares on 5/21/2024Ownership: 0.240%Motley Fool Asset Management LLCBought 151,623 shares on 5/17/2024Ownership: 0.158%Comerica BankBought 293 shares on 5/17/2024Ownership: 0.040%Walleye Trading LLCSold 2,200 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions GMED Stock Analysis - Frequently Asked Questions Should I buy or sell Globus Medical stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globus Medical in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GMED shares. View GMED analyst ratings or view top-rated stocks. What is Globus Medical's stock price target for 2024? 11 Wall Street analysts have issued 12 month price targets for Globus Medical's shares. Their GMED share price targets range from $53.00 to $85.00. On average, they predict the company's stock price to reach $68.50 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View analysts price targets for GMED or view top-rated stocks among Wall Street analysts. How have GMED shares performed in 2024? Globus Medical's stock was trading at $53.29 at the beginning of 2024. Since then, GMED shares have increased by 23.5% and is now trading at $65.82. View the best growth stocks for 2024 here. Are investors shorting Globus Medical? Globus Medical saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 8,990,000 shares, an increase of 19.7% from the April 15th total of 7,510,000 shares. Based on an average daily trading volume, of 1,120,000 shares, the days-to-cover ratio is currently 8.0 days. View Globus Medical's Short Interest. When is Globus Medical's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our GMED earnings forecast. How were Globus Medical's earnings last quarter? Globus Medical, Inc. (NYSE:GMED) issued its earnings results on Tuesday, May, 7th. The medical device company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.55 by $0.17. The medical device company had revenue of $606.67 million for the quarter, compared to analyst estimates of $586.82 million. Globus Medical had a net margin of 3.51% and a trailing twelve-month return on equity of 8.82%. Globus Medical's revenue was up 119.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.53 earnings per share. What ETFs hold Globus Medical's stock? ETFs with the largest weight of Globus Medical (NYSE:GMED) stock in their portfolio include Motley Fool Mid-Cap Growth ETF (TMFM), Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), First Trust Indxx Medical Devices ETF (MDEV), SPDR S&P Health Care Equipment ETF (XHE), ROBO Global Robotics & Automation ETF (ROBO) and iShares U.S. Medical Devices ETF (IHI). What guidance has Globus Medical issued on next quarter's earnings? Globus Medical issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of 2.750-2.850 for the period, compared to the consensus earnings per share estimate of 2.690. The company issued revenue guidance of $2.5 billion-$2.5 billion, compared to the consensus revenue estimate of $2.5 billion. What is David Demski's approval rating as Globus Medical's CEO? 47 employees have rated Globus Medical Chief Executive Officer David Demski on Glassdoor.com. David Demski has an approval rating of 61% among the company's employees. This puts David Demski in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Globus Medical own? Based on aggregate information from My MarketBeat watchlists, some companies that other Globus Medical investors own include NVIDIA (NVDA), Shopify (SHOP), CrowdStrike (CRWD), Okta (OKTA), Trade Desk (TTD), Block (SQ), Tesla (TSLA), Teladoc Health (TDOC), Zoom Video Communications (ZM) and Mastercard (MA). Who are Globus Medical's major shareholders? Globus Medical's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.09%), Janus Henderson Group PLC (5.66%), Bank of New York Mellon Corp (2.23%), Champlain Investment Partners LLC (1.85%), Burgundy Asset Management Ltd. (1.83%) and William Blair Investment Management LLC (1.65%). Insiders that own company stock include Dan Lemaitre, Daniel T Scavilla, Daniel T Scavilla, David D Davidar, James R Tobin, Keith W Pfeil, Keith W Pfeil, Kelly Huller and Leslie V Norwalk. View institutional ownership trends. How do I buy shares of Globus Medical? Shares of GMED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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