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Globus Medical (GMED) Stock Price, News & Analysis

Globus Medical logo
$74.32 +0.94 (+1.27%)
As of 10:46 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Globus Medical Stock (NYSE:GMED)

Key Stats

Today's Range
$71.73
$74.33
50-Day Range
$69.61
$93.25
52-Week Range
$49.33
$94.93
Volume
147,922 shs
Average Volume
1.02 million shs
Market Capitalization
$10.22 billion
P/E Ratio
99.23
Dividend Yield
N/A
Price Target
$97.09
Consensus Rating
Moderate Buy

Company Overview

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.

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Globus Medical Stock Analysis - MarketRank™

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99th Percentile Overall Score

GMED MarketRank™: 

Globus Medical scored higher than 99% of companies evaluated by MarketBeat, and ranked 4th out of 930 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Globus Medical has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Globus Medical has been the subject of 7 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.
  • Earnings Growth

    Earnings for Globus Medical are expected to grow by 17.15% in the coming year, from $3.44 to $4.03 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Globus Medical is 97.77, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.54.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Globus Medical is 97.77, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 23.42.

  • Price to Earnings Growth Ratio

    Globus Medical has a PEG Ratio of 1.61. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Globus Medical has a P/B Ratio of 2.50. 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.
  • Percentage of Shares Shorted

    2.18% of the float of Globus Medical has been sold short.
  • Short Interest Ratio / Days to Cover

    Globus Medical has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Globus Medical has recently decreased by 7.63%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Globus Medical does not currently pay a dividend.

  • Dividend Growth

    Globus Medical does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.18% of the float of Globus Medical has been sold short.
  • Short Interest Ratio / Days to Cover

    Globus Medical has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Globus Medical has recently decreased by 7.63%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Globus Medical has a news sentiment score of 1.60. 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 is a higher news sentiment than the 0.72 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for Globus Medical this week, compared to 9 articles on an average week.
  • Search Interest

    Only 4 people have searched for GMED on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • MarketBeat Follows

    13 people have added Globus Medical to their MarketBeat watchlist in the last 30 days. This is an increase of 86% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In 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 $1,250,804.00 in company stock.

  • Percentage Held by Insiders

    18.54% 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 Institutions

    95.16% 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.
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GMED Stock News Headlines

Morgan Stanley Keeps Their Buy Rating on Globus Medical (GMED)
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Globus Medical (GMED) Gets a Hold from Truist Financial
Globus Medical price target lowered to $82 from $90 at Truist
Piper Sandler Sticks to Their Buy Rating for Globus Medical (GMED)
See More Headlines

GMED Stock Analysis - Frequently Asked Questions

Globus Medical's stock was trading at $82.71 at the start of the year. Since then, GMED stock has decreased by 11.3% and is now trading at $73.3290.
View the best growth stocks for 2025 here
.

Globus Medical, Inc. (NYSE:GMED) released its earnings results on Thursday, February, 20th. The medical device company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.10. The medical device company had revenue of $657.29 million for the quarter, compared to analysts' expectations of $646.19 million. Globus Medical had a net margin of 4.09% and a trailing twelve-month return on equity of 10.83%.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Globus Medical investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), CrowdStrike (CRWD), Arista Networks (ANET), Advanced Micro Devices (AMD) and ServiceNow (NOW).

Company Calendar

Last Earnings
2/20/2025
Today
4/02/2025
Next Earnings (Estimated)
5/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Health Care Equipment
Current Symbol
NYSE:GMED
Employees
2,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$97.09
High Stock Price Target
$115.00
Low Stock Price Target
$82.00
Potential Upside/Downside
+32.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Trailing P/E Ratio
97.77
Forward P/E Ratio
21.32
P/E Growth
1.61
Net Income
$122.87 million
Pretax Margin
4.88%

Debt

Sales & Book Value

Annual Sales
$2.52 billion
Cash Flow
$3.14 per share
Price / Cash Flow
23.32
Book Value
$29.32 per share
Price / Book
2.50

Miscellaneous

Free Float
110,922,000
Market Cap
$10.09 billion
Optionable
Optionable
Beta
1.19

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This page (NYSE:GMED) was last updated on 4/2/2025 by MarketBeat.com Staff
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