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Globus Medical (GMED) Competitors

$67.11
+0.52 (+0.78%)
(As of 05/31/2024 ET)

GMED vs. RMD, STE, BAX, HOLX, PODD, TFX, MASI, ITGR, IART, and ATEC

Should you be buying Globus Medical stock or one of its competitors? The main competitors of Globus Medical include ResMed (RMD), STERIS (STE), Baxter International (BAX), Hologic (HOLX), Insulet (PODD), Teleflex (TFX), Masimo (MASI), Integer (ITGR), Integra LifeSciences (IART), and Alphatec (ATEC). These companies are all part of the "health care equipment" industry.

Globus Medical vs.

ResMed (NYSE:RMD) and Globus Medical (NYSE:GMED) are both medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, community ranking, profitability, dividends, analyst recommendations, media sentiment, institutional ownership, earnings and risk.

55.0% of ResMed shares are held by institutional investors. Comparatively, 95.2% of Globus Medical shares are held by institutional investors. 1.2% of ResMed shares are held by company insiders. Comparatively, 18.5% of Globus Medical shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

ResMed currently has a consensus target price of $202.80, indicating a potential downside of 1.71%. Globus Medical has a consensus target price of $69.40, indicating a potential upside of 3.41%. Given ResMed's higher probable upside, analysts clearly believe Globus Medical is more favorable than ResMed.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ResMed
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.70
Globus Medical
0 Sell rating(s)
4 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.64

In the previous week, Globus Medical had 9 more articles in the media than ResMed. MarketBeat recorded 21 mentions for Globus Medical and 12 mentions for ResMed. ResMed's average media sentiment score of 1.01 beat Globus Medical's score of 0.96 indicating that Globus Medical is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ResMed
5 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Globus Medical
8 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

ResMed has a net margin of 20.91% compared to ResMed's net margin of 3.51%. Globus Medical's return on equity of 24.43% beat ResMed's return on equity.

Company Net Margins Return on Equity Return on Assets
ResMed20.91% 24.43% 15.70%
Globus Medical 3.51%8.82%7.06%

ResMed has higher revenue and earnings than Globus Medical. ResMed is trading at a lower price-to-earnings ratio than Globus Medical, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ResMed$4.58B6.61$897.56M$6.5131.69
Globus Medical$1.57B5.79$122.87M$0.64104.86

ResMed has a beta of 0.64, meaning that its stock price is 36% less volatile than the S&P 500. Comparatively, Globus Medical has a beta of 1.11, meaning that its stock price is 11% more volatile than the S&P 500.

Globus Medical received 132 more outperform votes than ResMed when rated by MarketBeat users. Likewise, 67.87% of users gave Globus Medical an outperform vote while only 52.93% of users gave ResMed an outperform vote.

CompanyUnderperformOutperform
ResMedOutperform Votes
415
52.93%
Underperform Votes
369
47.07%
Globus MedicalOutperform Votes
547
67.87%
Underperform Votes
259
32.13%

Summary

Globus Medical beats ResMed on 9 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GMED and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GMED vs. The Competition

MetricGlobus MedicalSurgical & medical instruments IndustryMedical SectorNYSE Exchange
Market Cap$9.08B$3.86B$5.13B$17.79B
Dividend YieldN/A1.82%2.75%3.55%
P/E Ratio104.8616.07167.1725.81
Price / Sales5.7971.072,418.7811.40
Price / Cash18.4648.1735.3018.95
Price / Book2.325.075.535.90
Net Income$122.87M$4.50M$106.01M$976.46M
7 Day Performance1.96%1.27%1.14%0.62%
1 Month Performance33.08%0.10%1.43%4.79%
1 Year Performance22.00%-17.03%4.07%24.00%

Globus Medical Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RMD
ResMed
4.6146 of 5 stars
$206.33
-1.4%
$202.80
-1.7%
-5.7%$30.31B$4.22B31.6910,140Analyst Revision
Positive News
High Trading Volume
STE
STERIS
3.9919 of 5 stars
$222.88
-0.2%
$241.60
+8.4%
+10.1%$22.04B$5.14B58.3517,100Analyst Downgrade
Analyst Revision
News Coverage
BAX
Baxter International
4.9356 of 5 stars
$34.09
+2.8%
$44.42
+30.3%
-17.3%$17.37B$14.89B6.5660,000Analyst Forecast
Short Interest ↓
HOLX
Hologic
4.8412 of 5 stars
$73.78
+1.7%
$85.60
+16.0%
-6.8%$17.22B$4.03B37.646,990
PODD
Insulet
4.9114 of 5 stars
$177.19
+0.7%
$239.18
+35.0%
-35.0%$12.41B$1.70B53.693,000Analyst Forecast
Insider Selling
Short Interest ↑
TFX
Teleflex
4.4202 of 5 stars
$209.07
+1.2%
$257.29
+23.1%
-10.6%$9.85B$2.97B33.5614,500Short Interest ↑
Analyst Revision
High Trading Volume
MASI
Masimo
4.723 of 5 stars
$124.50
-1.3%
$138.71
+11.4%
-24.7%$6.61B$1.98B84.695,200Short Interest ↓
Analyst Revision
Positive News
ITGR
Integer
2.2842 of 5 stars
$121.24
-0.3%
$128.00
+5.6%
+46.7%$4.06B$1.60B41.9510,500Insider Selling
Positive News
IART
Integra LifeSciences
4.7277 of 5 stars
$30.90
+0.3%
$35.00
+13.3%
-19.6%$2.43B$1.54B61.803,946Positive News
ATEC
Alphatec
4.535 of 5 stars
$9.71
-4.1%
$22.89
+135.7%
-36.6%$1.36B$482.26M-6.52839Short Interest ↓
Positive News

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This page (NYSE:GMED) was last updated on 6/2/2024 by MarketBeat.com Staff

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