Globus Medical (GMED) Competitors

$50.55
+0.18 (+0.36%)
(As of 04/26/2024 ET)

GMED vs. TFX, IART, PODD, ATEC, BAX, RMD, INSP, PEN, MMSI, and HAE

Should you be buying Globus Medical stock or one of its competitors? The main competitors of Globus Medical include Teleflex (TFX), Integra LifeSciences (IART), Insulet (PODD), Alphatec (ATEC), Baxter International (BAX), ResMed (RMD), Inspire Medical Systems (INSP), Penumbra (PEN), Merit Medical Systems (MMSI), and Haemonetics (HAE). These companies are all part of the "surgical & medical instruments" industry.

Globus Medical vs.

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

95.2% of Globus Medical shares are owned by institutional investors. Comparatively, 95.6% of Teleflex shares are owned by institutional investors. 24.3% of Globus Medical shares are owned by insiders. Comparatively, 1.4% of Teleflex shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Globus Medical received 24 more outperform votes than Teleflex when rated by MarketBeat users. Likewise, 67.83% of users gave Globus Medical an outperform vote while only 59.68% of users gave Teleflex an outperform vote.

CompanyUnderperformOutperform
Globus MedicalOutperform Votes
542
67.83%
Underperform Votes
257
32.17%
TeleflexOutperform Votes
518
59.68%
Underperform Votes
350
40.32%

Globus Medical currently has a consensus price target of $66.33, indicating a potential upside of 31.22%. Teleflex has a consensus price target of $267.50, indicating a potential upside of 29.41%. Given Globus Medical's higher probable upside, research analysts plainly believe Globus Medical is more favorable than Teleflex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Globus Medical
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67
Teleflex
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67

Globus Medical has a beta of 1.08, meaning that its stock price is 8% more volatile than the S&P 500. Comparatively, Teleflex has a beta of 1.11, meaning that its stock price is 11% more volatile than the S&P 500.

Teleflex has higher revenue and earnings than Globus Medical. Teleflex 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$1.02B6.71$122.87M$1.1743.21
Teleflex$2.97B3.27$356.33M$7.5327.45

Teleflex has a net margin of 11.98% compared to Globus Medical's net margin of 7.83%. Teleflex's return on equity of 14.98% beat Globus Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Globus Medical7.83% 8.82% 7.20%
Teleflex 11.98%14.98%8.87%

In the previous week, Teleflex had 4 more articles in the media than Globus Medical. MarketBeat recorded 7 mentions for Teleflex and 3 mentions for Globus Medical. Globus Medical's average media sentiment score of 1.24 beat Teleflex's score of 1.00 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
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Teleflex
3 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Teleflex beats Globus Medical on 9 of the 16 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$6.84B$3.84B$4.87B$17.47B
Dividend YieldN/A2.19%2.91%3.55%
P/E Ratio43.2116.90212.2324.10
Price / Sales6.7163.962,334.2110.49
Price / Cash13.9743.1146.7917.65
Price / Book1.724.154.754.87
Net Income$122.87M$4.76M$103.38M$964.96M
7 Day Performance0.40%1.26%0.74%1.90%
1 Month Performance-4.69%-7.99%-7.58%-3.08%
1 Year Performance-12.13%19.49%9.20%96.69%

Globus Medical Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TFX
Teleflex
4.9365 of 5 stars
$211.18
+1.9%
$267.50
+26.7%
-22.2%$9.95B$2.97B28.0514,500Upcoming Earnings
Short Interest ↓
IART
Integra LifeSciences
4.7983 of 5 stars
$29.38
+1.4%
$44.89
+52.8%
-47.7%$2.31B$1.54B35.403,946Short Interest ↑
PODD
Insulet
4.8787 of 5 stars
$167.27
+1.7%
$243.21
+45.4%
-47.5%$11.71B$1.70B57.483,000Positive News
ATEC
Alphatec
4.2982 of 5 stars
$12.93
+1.1%
$23.63
+82.7%
-16.4%$1.78B$482.26M-8.34839Insider Selling
News Coverage
BAX
Baxter International
4.8048 of 5 stars
$41.03
+1.6%
$46.30
+12.8%
-12.9%$20.84B$14.81B7.8660,000Upcoming Earnings
Short Interest ↑
RMD
ResMed
4.571 of 5 stars
$184.14
+2.1%
$199.20
+8.2%
-2.6%$27.09B$4.22B30.4410,140Earnings Report
Dividend Announcement
Analyst Report
News Coverage
Gap Up
INSP
Inspire Medical Systems
4.0567 of 5 stars
$234.11
+3.9%
$272.20
+16.3%
-11.9%$7.09B$624.80M-316.361,011Positive News
PEN
Penumbra
4.9012 of 5 stars
$205.70
+1.3%
$304.45
+48.0%
-28.1%$7.96B$1.06B89.054,200Positive News
MMSI
Merit Medical Systems
4.8763 of 5 stars
$74.18
+1.3%
$92.50
+24.7%
-5.0%$4.31B$1.26B45.796,950Upcoming Earnings
Analyst Downgrade
Positive News
HAE
Haemonetics
4.0416 of 5 stars
$85.07
+1.7%
$104.67
+23.0%
+10.5%$4.25B$1.27B34.583,034Short Interest ↑

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This page (NYSE:GMED) was last updated on 4/27/2024 by MarketBeat.com Staff

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