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Globus Medical (GMED) Competitors

Globus Medical logo
$82.54 -0.88 (-1.05%)
(As of 11/13/2024 ET)

GMED vs. EW, RMD, IDXX, DXCM, STE, PODD, BAX, HOLX, TFX, and MASI

Should you be buying Globus Medical stock or one of its competitors? The main competitors of Globus Medical include Edwards Lifesciences (EW), ResMed (RMD), IDEXX Laboratories (IDXX), DexCom (DXCM), STERIS (STE), Insulet (PODD), Baxter International (BAX), Hologic (HOLX), Teleflex (TFX), and Masimo (MASI). These companies are all part of the "health care equipment" industry.

Globus Medical vs.

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

95.2% of Globus Medical shares are held by institutional investors. Comparatively, 79.5% of Edwards Lifesciences shares are held by institutional investors. 18.5% of Globus Medical shares are held by company insiders. Comparatively, 1.3% of Edwards Lifesciences shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Edwards Lifesciences has higher revenue and earnings than Globus Medical. Edwards Lifesciences 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
Globus Medical$1.57B7.13$122.87M$0.67123.20
Edwards Lifesciences$6.31B6.21$1.40B$6.939.60

Globus Medical has a beta of 1.17, meaning that its share price is 17% more volatile than the S&P 500. Comparatively, Edwards Lifesciences has a beta of 1.12, meaning that its share price is 12% more volatile than the S&P 500.

Edwards Lifesciences received 767 more outperform votes than Globus Medical when rated by MarketBeat users. Likewise, 71.05% of users gave Edwards Lifesciences an outperform vote while only 67.84% of users gave Globus Medical an outperform vote.

CompanyUnderperformOutperform
Globus MedicalOutperform Votes
561
67.84%
Underperform Votes
266
32.16%
Edwards LifesciencesOutperform Votes
1328
71.05%
Underperform Votes
541
28.95%

Globus Medical currently has a consensus price target of $88.18, indicating a potential upside of 6.83%. Edwards Lifesciences has a consensus price target of $75.67, indicating a potential upside of 13.75%. Given Edwards Lifesciences' higher probable upside, analysts plainly believe Edwards Lifesciences is more favorable than Globus Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Globus Medical
1 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.58
Edwards Lifesciences
0 Sell rating(s)
16 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.38

Edwards Lifesciences has a net margin of 70.82% compared to Globus Medical's net margin of 3.69%. Edwards Lifesciences' return on equity of 20.76% beat Globus Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Globus Medical3.69% 9.98% 7.92%
Edwards Lifesciences 70.82%20.76%15.27%

In the previous week, Edwards Lifesciences had 26 more articles in the media than Globus Medical. MarketBeat recorded 53 mentions for Edwards Lifesciences and 27 mentions for Globus Medical. Globus Medical's average media sentiment score of 0.66 beat Edwards Lifesciences' score of 0.29 indicating that Globus Medical is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Globus Medical
7 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Edwards Lifesciences
18 Very Positive mention(s)
1 Positive mention(s)
32 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral

Summary

Edwards Lifesciences beats Globus Medical on 11 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$11.18B$4.62B$5.15B$19.96B
Dividend YieldN/A39.52%5.03%3.50%
P/E Ratio123.2015.3391.9139.59
Price / Sales7.1362.651,297.7118.19
Price / Cash23.1352.4439.3421.68
Price / Book2.755.616.424.66
Net Income$122.87M$13.58M$114.95M$982.08M
7 Day Performance-0.19%-0.87%-0.76%-0.26%
1 Month Performance16.97%7.11%4.85%2.02%
1 Year Performance88.54%55.84%41.33%30.64%

Globus Medical Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GMED
Globus Medical
4.6545 of 5 stars
$82.55
-1.1%
$88.18
+6.8%
+88.5%$11.18B$1.57B123.205,000Analyst Forecast
EW
Edwards Lifesciences
4.5827 of 5 stars
$66.23
+0.6%
N/A+3.0%$39.06B$6.31B9.5619,800Insider Selling
Short Interest ↓
RMD
ResMed
4.7636 of 5 stars
$252.38
+1.5%
N/A+64.8%$37.05B$4.81B33.439,980Positive News
IDXX
IDEXX Laboratories
4.8875 of 5 stars
$433.28
+0.1%
N/A-0.6%$35.48B$3.66B41.7811,000Short Interest ↓
Positive News
DXCM
DexCom
4.9844 of 5 stars
$69.96
+1.5%
N/A-26.3%$26.80B$3.62B41.899,600Short Interest ↑
Positive News
STE
STERIS
4.9587 of 5 stars
$219.19
+1.7%
N/A+9.9%$21.62B$5.14B50.0418,179Earnings Report
Short Interest ↓
PODD
Insulet
4.4267 of 5 stars
$268.00
+9.4%
N/A+64.4%$18.79B$1.70B48.733,000Analyst Forecast
Analyst Revision
Gap Up
High Trading Volume
BAX
Baxter International
4.8027 of 5 stars
$34.64
-3.9%
N/A-3.2%$18.42B$14.81B7.1360,000Earnings Report
Dividend Cut
Analyst Forecast
Short Interest ↓
High Trading Volume
HOLX
Hologic
4.8882 of 5 stars
$78.76
-0.7%
N/A+10.9%$18.29B$4.03B23.656,990Short Interest ↓
Analyst Revision
TFX
Teleflex
4.941 of 5 stars
$195.55
-1.3%
N/A-4.8%$9.08B$2.97B38.8814,500Analyst Upgrade
Analyst Revision
MASI
Masimo
4.1106 of 5 stars
$162.41
+0.7%
N/A+83.2%$8.64B$2.05B112.015,200

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This page (NYSE:GMED) was last updated on 11/14/2024 by MarketBeat.com Staff
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