QQQ   366.48 (-1.10%)
AAPL   166.23 (-2.10%)
MSFT   303.33 (+0.22%)
FB   319.59 (+0.45%)
GOOGL   2,702.33 (-0.65%)
AMZN   3,125.98 (-1.65%)
TSLA   995.65 (-3.38%)
NVDA   250.67 (-3.23%)
BABA   127.74 (-0.67%)
NIO   28.63 (-3.31%)
AMD   128.27 (-2.77%)
CGC   7.64 (-1.80%)
MU   90.00 (-3.09%)
GE   100.62 (-2.21%)
T   27.28 (-0.11%)
F   22.45 (-7.92%)
DIS   150.11 (-1.42%)
AMC   18.32 (-2.76%)
PFE   53.54 (-1.05%)
ACB   4.86 (-4.89%)
BA   217.08 (-3.52%)
QQQ   366.48 (-1.10%)
AAPL   166.23 (-2.10%)
MSFT   303.33 (+0.22%)
FB   319.59 (+0.45%)
GOOGL   2,702.33 (-0.65%)
AMZN   3,125.98 (-1.65%)
TSLA   995.65 (-3.38%)
NVDA   250.67 (-3.23%)
BABA   127.74 (-0.67%)
NIO   28.63 (-3.31%)
AMD   128.27 (-2.77%)
CGC   7.64 (-1.80%)
MU   90.00 (-3.09%)
GE   100.62 (-2.21%)
T   27.28 (-0.11%)
F   22.45 (-7.92%)
DIS   150.11 (-1.42%)
AMC   18.32 (-2.76%)
PFE   53.54 (-1.05%)
ACB   4.86 (-4.89%)
BA   217.08 (-3.52%)
QQQ   366.48 (-1.10%)
AAPL   166.23 (-2.10%)
MSFT   303.33 (+0.22%)
FB   319.59 (+0.45%)
GOOGL   2,702.33 (-0.65%)
AMZN   3,125.98 (-1.65%)
TSLA   995.65 (-3.38%)
NVDA   250.67 (-3.23%)
BABA   127.74 (-0.67%)
NIO   28.63 (-3.31%)
AMD   128.27 (-2.77%)
CGC   7.64 (-1.80%)
MU   90.00 (-3.09%)
GE   100.62 (-2.21%)
T   27.28 (-0.11%)
F   22.45 (-7.92%)
DIS   150.11 (-1.42%)
AMC   18.32 (-2.76%)
PFE   53.54 (-1.05%)
ACB   4.86 (-4.89%)
BA   217.08 (-3.52%)
QQQ   366.48 (-1.10%)
AAPL   166.23 (-2.10%)
MSFT   303.33 (+0.22%)
FB   319.59 (+0.45%)
GOOGL   2,702.33 (-0.65%)
AMZN   3,125.98 (-1.65%)
TSLA   995.65 (-3.38%)
NVDA   250.67 (-3.23%)
BABA   127.74 (-0.67%)
NIO   28.63 (-3.31%)
AMD   128.27 (-2.77%)
CGC   7.64 (-1.80%)
MU   90.00 (-3.09%)
GE   100.62 (-2.21%)
T   27.28 (-0.11%)
F   22.45 (-7.92%)
DIS   150.11 (-1.42%)
AMC   18.32 (-2.76%)
PFE   53.54 (-1.05%)
ACB   4.86 (-4.89%)
BA   217.08 (-3.52%)
NYSE:GMED

Globus Medical Stock Forecast, Price & News

$68.58
-2.20 (-3.11%)
(As of 01/19/2022 04:00 PM ET)
Add
Compare
Today's Range
$68.47
$71.42
50-Day Range
$62.62
$75.54
52-Week Range
$59.37
$84.23
Volume
568,960 shs
Average Volume
501,213 shs
Market Capitalization
$6.92 billion
P/E Ratio
37.89
Dividend Yield
N/A
Beta
1.11
30 days | 90 days | 365 days | Advanced Chart
Receive GMED News and Ratings via Email

Sign-up to receive the latest news and ratings for Globus Medical and its competitors with MarketBeat's FREE daily newsletter.


Globus Medical logo

About Globus Medical

Globus Medical, Inc. operates as a medical device company that develops and commercializes healthcare solutions. The firm engages in developing products that promote healing in patients with musculoskeletal disorders. It classifies products into Innovative Fusion and Disruptive Technology. It operates through the United States and International geographical segments. The company was founded by David C. Paul, David D. Davidar and Andrew Iott in March 2003 and is headquartered in Audubon, PA.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
Health Care Equipment
Sector
Medical
CUSIP
37957720
Employees
2,200
Year Founded
N/A

Sales & Book Value

Annual Sales
$789.04 million
Cash Flow
$1.95 per share
Book Value
$15.11 per share

Profitability

Net Income
$102.29 million
Pretax Margin
23.66%

Debt

Price-To-Earnings

Miscellaneous

Free Float
84,244,000
Market Cap
$6.92 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Today
1/19/2022
Next Earnings (Estimated)
2/16/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.60 out of 5 stars

Medical Sector

87th out of 1,415 stocks

Surgical & Medical Instruments Industry

14th out of 130 stocks

Analyst Opinion: 4.5Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Globus Medical (NYSE:GMED) Frequently Asked Questions

Is Globus Medical a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globus Medical in the last year. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Globus Medical stock.
View analyst ratings for Globus Medical
or view top-rated stocks.

How has Globus Medical's stock price been impacted by COVID-19?

Globus Medical's stock was trading at $38.05 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GMED stock has increased by 80.2% and is now trading at $68.58.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Globus Medical?

Globus Medical saw a increase in short interest in the month of December. As of December 15th, there was short interest totaling 1,030,000 shares, an increase of 27.4% from the November 30th total of 808,400 shares. Based on an average daily volume of 482,700 shares, the days-to-cover ratio is currently 2.1 days.
View Globus Medical's Short Interest
.

When is Globus Medical's next earnings date?

Globus Medical is scheduled to release its next quarterly earnings announcement on Wednesday, February 16th 2022.
View our earnings forecast for Globus Medical
.

How were Globus Medical's earnings last quarter?

Globus Medical, Inc. (NYSE:GMED) released its quarterly earnings results on Thursday, November, 4th. The medical device company reported $0.50 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.45 by $0.05. The medical device company earned $229.72 million during the quarter, compared to analyst estimates of $228.28 million. Globus Medical had a trailing twelve-month return on equity of 13.66% and a net margin of 19.87%. The firm's quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 earnings per share.
View Globus Medical's earnings history
.

What guidance has Globus Medical issued on next quarter's earnings?

Globus Medical issued an update on its FY 2021 earnings guidance on Thursday, November, 25th. The company provided EPS guidance of $2.000-$2.000 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.010. The company issued revenue guidance of $950 million-$950 million, compared to the consensus revenue estimate of $952.13 million.

What price target have analysts set for GMED?

11 brokers have issued 12-month price targets for Globus Medical's stock. Their forecasts range from $80.00 to $100.00. On average, they anticipate Globus Medical's share price to reach $88.45 in the next twelve months. This suggests a possible upside of 29.0% from the stock's current price.
View analysts' price targets for Globus Medical
or view top-rated stocks among Wall Street analysts.

Who are Globus Medical's key executives?

Globus Medical's management team includes the following people:
  • David M. Demski, President, Chief Executive Officer & Director (LinkedIn Profile)
  • Keith W. Pfeil, Senior VP, Chief Financial & Accounting Officer (LinkedIn Profile)
  • Daniel T. Scavilla, Chief Commercial Officer & Executive VP
  • Kelly G. Huller, Secretary, Senior VP & General Counsel
  • Brett A. Murphy, Group President-Commercial Operations

What is David Demski's approval rating as Globus Medical's CEO?

47 employees have rated Globus Medical CEO David Demski on Glassdoor.com. David Demski has an approval rating of 61% among Globus Medical's employees. This puts David Demski in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Globus Medical own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Globus Medical investors own include NVIDIA (NVDA), Shopify (SHOP), CrowdStrike (CRWD), Okta (OKTA), Trade Desk (TTD), Square (SQ), Tesla (TSLA), Teladoc Health (TDOC), Zoom Video Communications (ZM) and Mastercard (MA).

What is Globus Medical's stock symbol?

Globus Medical trades on the New York Stock Exchange (NYSE) under the ticker symbol "GMED."

Who are Globus Medical's major shareholders?

Globus Medical's stock is owned by a number of institutional and retail investors. Top institutional investors include Next Capital Management LLC (0.11%), Exchange Traded Concepts LLC (0.02%), Louisiana State Employees Retirement System (0.02%), State of Alaska Department of Revenue (0.01%), Symphony Financial Ltd. Co. (0.01%) and Diversified Trust Co (0.01%). Company insiders that own Globus Medical stock include Daniel T Scavilla, David D Davidar, David M Demski, James R Tobin, Keith W Pfeil, Keith W Pfeil, Kelly Huller and Robert Andrew Douglas.
View institutional ownership trends for Globus Medical
.

Which major investors are selling Globus Medical stock?

GMED stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Symphony Financial Ltd. Co.. Company insiders that have sold Globus Medical company stock in the last year include Daniel T Scavilla, David M Demski, James R Tobin, and Keith W Pfeil.
View insider buying and selling activity for Globus Medical
or view top insider-selling stocks.

Which major investors are buying Globus Medical stock?

GMED stock was purchased by a variety of institutional investors in the last quarter, including Next Capital Management LLC, Exchange Traded Concepts LLC, Crossmark Global Holdings Inc., Diversified Trust Co, and Louisiana State Employees Retirement System.
View insider buying and selling activity for Globus Medical
or or view top insider-buying stocks.

How do I buy shares of Globus Medical?

Shares of GMED can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Globus Medical's stock price today?

One share of GMED stock can currently be purchased for approximately $68.58.

How much money does Globus Medical make?

Globus Medical has a market capitalization of $6.92 billion and generates $789.04 million in revenue each year. The medical device company earns $102.29 million in net income (profit) each year or $1.81 on an earnings per share basis.

How many employees does Globus Medical have?

Globus Medical employs 2,200 workers across the globe.

What is Globus Medical's official website?

The official website for Globus Medical is www.globusmedical.com.

Where are Globus Medical's headquarters?

Globus Medical is headquartered at 2560 GENERAL ARMISTEAD AVENUE, AUDUBON PA, 19403.

How can I contact Globus Medical?

Globus Medical's mailing address is 2560 GENERAL ARMISTEAD AVENUE, AUDUBON PA, 19403. The medical device company can be reached via phone at (610) 930-1800, via email at [email protected], or via fax at 610-930-2042.


This page was last updated on 1/19/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.