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Globus Medical (GMED) Competitors

Globus Medical logo
$84.72 -0.19 (-0.22%)
(As of 11/22/2024 ET)

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

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), Hologic (HOLX), Baxter International (BAX), Masimo (MASI), and Teleflex (TFX). 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 investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, media sentiment, community ranking, risk, earnings, profitability, analyst recommendations and valuation.

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 67.75% of users gave Globus Medical an outperform vote.

CompanyUnderperformOutperform
Globus MedicalOutperform Votes
561
67.75%
Underperform Votes
267
32.25%
Edwards LifesciencesOutperform Votes
1328
71.05%
Underperform Votes
541
28.95%

Globus Medical currently has a consensus target price of $88.18, suggesting a potential upside of 4.09%. Edwards Lifesciences has a consensus target price of $75.67, suggesting a potential upside of 7.34%. Given Edwards Lifesciences' higher possible upside, analysts clearly 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 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$2.48B4.65$122.87M$0.67126.45
Edwards Lifesciences$6.31B6.58$1.40B$6.9310.17

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

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

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 62 more articles in the media than Globus Medical. MarketBeat recorded 74 mentions for Edwards Lifesciences and 12 mentions for Globus Medical. Globus Medical's average media sentiment score of 1.09 beat Edwards Lifesciences' score of 0.31 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)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Edwards Lifesciences
25 Very Positive mention(s)
3 Positive mention(s)
35 Neutral mention(s)
5 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Edwards Lifesciences beats Globus Medical on 12 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$11.54B$4.53B$5.38B$20.17B
Dividend YieldN/A36.79%5.13%3.50%
P/E Ratio126.4525.65102.4643.99
Price / Sales4.6546.931,234.8517.76
Price / Cash23.1053.6240.4721.29
Price / Book2.835.947.094.71
Net Income$122.87M$13.99M$119.65M$986.85M
7 Day Performance4.46%3.27%2.06%3.76%
1 Month Performance14.63%4.64%-2.46%4.65%
1 Year Performance84.25%47.15%33.95%27.72%

Globus Medical Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GMED
Globus Medical
4.504 of 5 stars
$84.72
-0.2%
$88.18
+4.1%
+84.3%$11.54B$2.48B126.455,000Analyst Downgrade
Positive News
EW
Edwards Lifesciences
4.1597 of 5 stars
$70.17
-0.3%
$75.67
+7.8%
+5.1%$41.39B$6.31B10.1819,800Analyst Revision
RMD
ResMed
4.8188 of 5 stars
$243.14
-0.2%
$225.70
-7.2%
+59.7%$35.69B$4.69B32.269,980Positive News
IDXX
IDEXX Laboratories
4.8723 of 5 stars
$417.68
-0.2%
$552.38
+32.2%
-12.8%$34.20B$3.66B40.4411,000News Coverage
Positive News
DXCM
DexCom
4.9861 of 5 stars
$72.87
-2.1%
$104.59
+43.5%
-34.3%$28.46B$3.62B44.609,600Insider Trade
News Coverage
STE
STERIS
4.9927 of 5 stars
$214.97
-0.4%
$253.00
+17.7%
+5.8%$21.22B$5.14B49.2618,179Ex-Dividend
Positive News
PODD
Insulet
4.4129 of 5 stars
$260.70
-0.5%
$253.27
-2.9%
+41.1%$18.29B$1.70B45.033,000News Coverage
Positive News
HOLX
Hologic
4.8988 of 5 stars
$78.67
-0.1%
$89.91
+14.3%
+9.4%$18.27B$4.03B23.636,990Positive News
BAX
Baxter International
4.4971 of 5 stars
$33.42
+1.3%
$40.91
+22.4%
-7.4%$17.06B$14.81B165.6160,000
MASI
Masimo
4.2479 of 5 stars
$172.14
+1.8%
$163.67
-4.9%
+86.7%$9.22B$2.05B117.805,200Analyst Forecast
TFX
Teleflex
4.8862 of 5 stars
$191.23
+0.3%
$259.25
+35.6%
-12.1%$8.88B$2.97B37.8714,500Analyst Downgrade

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This page (NYSE:GMED) was last updated on 11/23/2024 by MarketBeat.com Staff
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