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Globus Medical (GMED) Stock

Profile

Sector:

Healthcare

Country:

United States

IPO:

03 August 2012

Indexes:

Not included

Description:

Globus Medical, Inc. is a technology company headquartered in Audubon, Pennsylvania, specializing in the development, manufacturing, and distribution of medical devices for the treatment and restoration of the musculoskeletal system of patients. It was founded in 2003. All products of Globus Medical can be divided into two groups: Musculoskeletal solutions - mainly consist of implants, biomaterials, devices, and surgical instruments used in spinal fusion procedures, orthopedic, and neurosurgical procedures (RISE, RISE-L, CALIBER, CALIBER -L, ALTERA, ELSA, ELSA-ATP, SABLE, MAGNIFY, MAGNIFY-S, FORTIFY, XPand, QUARTEX, KINEX, AFFIRM, etc.). Supporting technologies - consist of surgical robotic solutions (ExcelsiusGPS, Surgimap).

Key Details

Price

$85.51

Annual Revenue

$1.57 B(+53.34% YoY)

Annual EPS

$1.07(-42.16% YoY)

PE Ratio

127.63(+337.84% YoY)

Beta

0.84

Events Calendar

Earnings

Next earnings date:

Feb 20, 2025

Recent quarterly earnings:

Nov 05, 2024

Recent annual earnings:

Feb 20, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

11 Nov '24 Morgan Stanley
Equal-Weight
07 Nov '24 Needham
Hold
06 Nov '24 Wells Fargo
Overweight
06 Nov '24 Stifel
Buy
06 Nov '24 Roth MKM
Buy
06 Nov '24 RBC Capital
Outperform
06 Nov '24 Piper Sandler
Overweight
06 Nov '24 Needham
Hold
06 Nov '24 Canaccord Genuity
Buy
06 Nov '24 B of A Securities
Underperform

Market Data

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Institutional Ownership

GMED Stock Might Rise From the Commercial Launch of Its ExcelsiusHub
GMED Stock Might Rise From the Commercial Launch of Its ExcelsiusHub
GMED Stock Might Rise From the Commercial Launch of Its ExcelsiusHub
GMED
zacks.com25 November 2024

Globus Medical commercially launches ExcelsiusHub navigation system to elevate the standard for freehand navigation.

Globus Medical Launches ExcelsiusHub™ Navigation System
Globus Medical Launches ExcelsiusHub™ Navigation System
Globus Medical Launches ExcelsiusHub™ Navigation System
GMED
globenewswire.com22 November 2024

AUDUBON, Pa., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced the commercial launch of the ExcelsiusHub™ navigation system. ExcelsiusHub™ joins the expansive ecosystem of Excelsius™ technologies and is designed to elevate the standard for freehand navigation.

Is Globus Medical (GMED) a Solid Growth Stock? 3 Reasons to Think "Yes"
Is Globus Medical (GMED) a Solid Growth Stock? 3 Reasons to Think "Yes"
Is Globus Medical (GMED) a Solid Growth Stock? 3 Reasons to Think "Yes"
GMED
zacks.com13 November 2024

Globus Medical (GMED) possesses solid growth attributes, which could help it handily outperform the market.

GMED Q3 Earnings Top, '24 Guidance Raised, Stock Gains in Aftermarket
GMED Q3 Earnings Top, '24 Guidance Raised, Stock Gains in Aftermarket
GMED Q3 Earnings Top, '24 Guidance Raised, Stock Gains in Aftermarket
GMED
zacks.com06 November 2024

Globus Medical delivers massive sales and earnings growth in the third quarter of 2024. However, margins contract.

Globus Medical (GMED) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Globus Medical (GMED) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Globus Medical (GMED) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
GMED
zacks.com05 November 2024

The headline numbers for Globus Medical (GMED) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Globus Medical Reports Third Quarter 2024 Results
Globus Medical Reports Third Quarter 2024 Results
Globus Medical Reports Third Quarter 2024 Results
GMED
globenewswire.com05 November 2024

AUDUBON, Pa., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the quarter ended September 30, 2024.

The Schall Law Firm Encourages Investor Participation In An Inquiry Into Globus Medical Inc For Securities Fraud
The Schall Law Firm Encourages Investor Participation In An Inquiry Into Globus Medical Inc For Securities Fraud
The Schall Law Firm Encourages Investor Participation In An Inquiry Into Globus Medical Inc For Securities Fraud
GMED
accesswire.com03 November 2024

LOS ANGELES, CA / ACCESSWIRE / November 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Globus Medical, Inc. ("Globus" or "the Company") (NYSE:GMED) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Globus Medical, Inc. Is Being Investigated For Securities Law Violations And Affected Shareholders Are Urged To Contact The Schall Law Firm
Globus Medical, Inc. Is Being Investigated For Securities Law Violations And Affected Shareholders Are Urged To Contact The Schall Law Firm
Globus Medical, Inc. Is Being Investigated For Securities Law Violations And Affected Shareholders Are Urged To Contact The Schall Law Firm
GMED
accesswire.com02 November 2024

LOS ANGELES, CA / ACCESSWIRE / November 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Globus Medical, Inc. ("Globus" or "the Company") (NYSE:GMED) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Gear Up for Globus Medical (GMED) Q3 Earnings: Wall Street Estimates for Key Metrics
Gear Up for Globus Medical (GMED) Q3 Earnings: Wall Street Estimates for Key Metrics
Gear Up for Globus Medical (GMED) Q3 Earnings: Wall Street Estimates for Key Metrics
GMED
zacks.com31 October 2024

Beyond analysts' top -and-bottom-line estimates for Globus Medical (GMED), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.

The Schall Law Firm Encourages Investor Participation In An Inquiry Into Globus Medical Inc For Securities Fraud
The Schall Law Firm Encourages Investor Participation In An Inquiry Into Globus Medical Inc For Securities Fraud
The Schall Law Firm Encourages Investor Participation In An Inquiry Into Globus Medical Inc For Securities Fraud
GMED
accesswire.com27 October 2024

LOS ANGELES, CA / ACCESSWIRE / October 27, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Globus Medical, Inc. ("Globus" or "the Company") (NYSE:GMED) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

FAQ

  • What is the primary business of Globus Medical?
  • What is the ticker symbol for Globus Medical?
  • Does Globus Medical pay dividends?
  • What sector is Globus Medical in?
  • What industry is Globus Medical in?
  • What country is Globus Medical based in?
  • When did Globus Medical go public?
  • Is Globus Medical in the S&P 500?
  • Is Globus Medical in the NASDAQ 100?
  • Is Globus Medical in the Dow Jones?
  • When was Globus Medical's last earnings report?
  • When does Globus Medical report earnings?
  • Should I buy Globus Medical stock now?

What is the primary business of Globus Medical?

Globus Medical, Inc. is a technology company headquartered in Audubon, Pennsylvania, specializing in the development, manufacturing, and distribution of medical devices for the treatment and restoration of the musculoskeletal system of patients. It was founded in 2003. All products of Globus Medical can be divided into two groups: Musculoskeletal solutions - mainly consist of implants, biomaterials, devices, and surgical instruments used in spinal fusion procedures, orthopedic, and neurosurgical procedures (RISE, RISE-L, CALIBER, CALIBER -L, ALTERA, ELSA, ELSA-ATP, SABLE, MAGNIFY, MAGNIFY-S, FORTIFY, XPand, QUARTEX, KINEX, AFFIRM, etc.). Supporting technologies - consist of surgical robotic solutions (ExcelsiusGPS, Surgimap).

What is the ticker symbol for Globus Medical?

The ticker symbol for Globus Medical is NYSE:GMED

Does Globus Medical pay dividends?

No, Globus Medical does not pay dividends

What sector is Globus Medical in?

Globus Medical is in the Healthcare sector

What industry is Globus Medical in?

Globus Medical is in the Medical Devices industry

What country is Globus Medical based in?

Globus Medical is headquartered in United States

When did Globus Medical go public?

Globus Medical's initial public offering (IPO) was on 03 August 2012

Is Globus Medical in the S&P 500?

No, Globus Medical is not included in the S&P 500 index

Is Globus Medical in the NASDAQ 100?

No, Globus Medical is not included in the NASDAQ 100 index

Is Globus Medical in the Dow Jones?

No, Globus Medical is not included in the Dow Jones index

When was Globus Medical's last earnings report?

Globus Medical's most recent earnings report was on 5 November 2024

When does Globus Medical report earnings?

The next expected earnings date for Globus Medical is 20 February 2025

Should I buy Globus Medical stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions