Reviewing Globus Medical (GMED) & Its Rivals
Globus Medical (NYSE: GMED) is one of 78 public companies in the “Medical Equipment, Supplies & Distribution” industry, but how does it compare to its peers? We will compare Globus Medical to related companies based on the strength of its valuation, profitability, earnings, risk, institutional ownership, analyst recommendations and dividends.
Valuation & Earnings
This table compares Globus Medical and its peers top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Globus Medical||$563.99 million||$104.34 million||35.76|
|Globus Medical Competitors||$975.11 million||$120.37 million||224.37|
Insider & Institutional Ownership
72.2% of Globus Medical shares are owned by institutional investors. Comparatively, 65.6% of shares of all “Medical Equipment, Supplies & Distribution” companies are owned by institutional investors. 28.2% of Globus Medical shares are owned by insiders. Comparatively, 12.0% of shares of all “Medical Equipment, Supplies & Distribution” companies are owned 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.
Risk and Volatility
Globus Medical has a beta of 0.58, indicating that its stock price is 42% less volatile than the S&P 500. Comparatively, Globus Medical’s peers have a beta of 0.97, indicating that their average stock price is 3% less volatile than the S&P 500.
This is a breakdown of current recommendations for Globus Medical and its peers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Globus Medical Competitors||212||1237||2637||93||2.62|
Globus Medical presently has a consensus price target of $36.83, suggesting a potential downside of 6.37%. As a group, “Medical Equipment, Supplies & Distribution” companies have a potential upside of 6.68%. Given Globus Medical’s peers stronger consensus rating and higher possible upside, analysts plainly believe Globus Medical has less favorable growth aspects than its peers.
This table compares Globus Medical and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Globus Medical Competitors||-440.97%||-44.95%||-13.07%|
Globus Medical peers beat Globus Medical on 8 of the 13 factors compared.
About Globus Medical
Globus Medical, Inc. (Globus) is a medical device company focused on the design, development and commercialization of musculoskeletal implants that promote healing in patients with spine disorders. The Company is focused on implants that promote healing in patients with spine disorders. The Company’s products fall into one of two categories: Innovative Fusion or Disruptive Technologies. The Company sells its products through exclusive sales force in the United States, as well as within North, Central & South America, Europe, Asia, Africa and Australia. The sales force consists of direct sales representatives and distributor sales representatives employed by exclusive independent distributors.
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