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Globus Medical (GMED) Competitors

$65.48
-0.34 (-0.52%)
(As of 05/28/2024 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 superior business? We will compare the two companies based on the strength of their profitability, community ranking, earnings, analyst recommendations, risk, valuation, dividends, media sentiment and institutional ownership.

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$4.22B7.21$897.56M$6.5131.82
Globus Medical$1.90B4.67$122.87M$0.64102.31

Globus Medical received 131 more outperform votes than ResMed when rated by MarketBeat users. Likewise, 67.83% 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
546
67.83%
Underperform Votes
259
32.17%

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

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

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 currently has a consensus target price of $202.80, indicating a potential downside of 2.11%. Globus Medical has a consensus target price of $68.50, indicating a potential upside of 4.61%. 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, ResMed and ResMed both had 5 articles in the media. ResMed's average media sentiment score of 1.23 beat Globus Medical's score of 0.88 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
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Globus Medical
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

ResMed and Globus Medical tied by winning 8 of the 16 factors compared between the two stocks.

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$8.86B$3.89B$5.00B$17.68B
Dividend YieldN/A1.79%2.74%3.53%
P/E Ratio102.3115.79176.4825.83
Price / Sales4.6775.012,386.6110.26
Price / Cash18.2548.1533.0715.71
Price / Book2.234.254.945.08
Net Income$122.87M$4.90M$104.35M$975.92M
7 Day Performance-1.58%-0.97%-0.63%-1.61%
1 Month Performance29.54%1.92%3.85%4.32%
1 Year Performance23.71%18.09%5.47%23.08%

Globus Medical Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RMD
ResMed
4.5752 of 5 stars
$213.26
+0.8%
$202.80
-4.9%
-3.8%$31.33B$4.22B32.7610,140Analyst Revision
Positive News
STE
STERIS
4.0883 of 5 stars
$229.17
+1.0%
$241.60
+5.4%
+11.4%$22.64B$5.14B59.9917,100Positive News
BAX
Baxter International
4.9292 of 5 stars
$33.90
-0.3%
$45.18
+33.3%
-18.0%$17.27B$14.81B6.5260,000Short Interest ↓
Analyst Revision
HOLX
Hologic
4.7723 of 5 stars
$73.80
-0.3%
$85.60
+16.0%
-7.2%$17.22B$4.03B37.656,990Analyst Revision
PODD
Insulet
4.8647 of 5 stars
$180.07
+5.4%
$239.44
+33.0%
-34.8%$12.61B$1.70B54.573,000Short Interest ↑
Positive News
TFX
Teleflex
4.7715 of 5 stars
$206.35
-0.1%
$261.75
+26.8%
-11.9%$9.72B$2.97B33.1214,500Short Interest ↑
MASI
Masimo
4.3435 of 5 stars
$127.00
+1.8%
$138.71
+9.2%
-19.2%$6.74B$2.05B86.395,200Short Interest ↓
Positive News
ITGR
Integer
2.4976 of 5 stars
$122.63
+0.7%
$128.00
+4.4%
+51.0%$4.11B$1.60B42.4310,500Insider Selling
Positive News
IART
Integra LifeSciences
4.8471 of 5 stars
$28.31
-0.7%
$35.00
+23.6%
-24.9%$2.23B$1.54B56.623,946Positive News
Gap Up
ATEC
Alphatec
4.5929 of 5 stars
$10.12
+0.2%
$22.89
+126.2%
-28.2%$1.42B$482.26M-6.79839Short Interest ↓
Positive News

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This page (NYSE:GMED) was last updated on 5/29/2024 by MarketBeat.com Staff

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