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Globus Medical, Inc. (GMED)

Stock Price: $54.06 USD -1.27 (-2.30%)
Updated Aug 11, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 5.28B
Revenue (ttm) 747.38M
Net Income (ttm) 88.95M
Shares Out 75.33M
EPS (ttm) 0.88
PE Ratio 61.43
Forward PE 52.63
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 11, 2020
Last Price $54.06
Previous Close $55.33
Change ($) -1.27
Change (%) -2.30%
Day's Open 55.49
Day's Range 53.93 - 55.50
Day's Volume 1,141,850
52-Week Range 33.41 - 60.15

More Stats

Market Cap 5.28B
Enterprise Value 4.97B
Earnings Date (est) Nov 10, 2020
Ex-Dividend Date n/a
Shares Outstanding 75.33M
Float 74.20M
EPS (basic) 0.9
EPS (diluted) 0.88
FCF / Share 1.18
Dividend n/a
Dividend Yield n/a
Earnings Yield 1.63%
FCF Yield 2.18%
Payout Ratio n/a
Shares Short 4.51M
Short Ratio 3.09
Short % of Float 7.02%
Beta 0.96
PE Ratio 61.43
Forward PE 52.63
P/FCF Ratio 45.79
PS Ratio 7.07
PB Ratio 4.16
Revenue 747.38M
Operating Income 94.93M
Net Income 88.95M
Free Cash Flow 115.41M
Net Cash 316.74M
Net Cash / Share 3.24
Gross Margin 81.00%
Operating Margin 12.70%
Profit Margin 11.90%
FCF Margin 15.44%
ROA 4.37%
ROE 6.78%
ROIC 9.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (14)

Buy 9
Overweight 0
Hold 4
Underweight 1
Sell 0

Analyst Consensus: Buy

Price Target

$60.38*
(11.69% upside)
Low
55.0
Current: $54.06
High
67.0
Target: 60.38
*Average 12-month price target from 13 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue785713636564545474434386331288
Revenue Growth10.15%12.11%12.76%3.53%14.84%9.19%12.56%16.45%15.02%-
Gross Profit605554486429412364334311263234
Operating Income17216916215417213810211597.3687.69
Net Income15515610710411392.4968.6173.8360.7854.46
Shares Outstanding99.1597.8896.2495.6595.0594.2392.6589.6188.1188.93
Earnings Per Share1.521.541.101.081.170.970.730.800.670.60
EPS Growth-1.3%40%1.85%-7.69%20.62%32.88%-8.75%19.4%11.67%-
Operating Cash Flow17218215914812479.1793.4776.5276.4171.29
Capital Expenditures-70.75-54.70-51.30-40.91-50.76-24.75-23.68-24.68-22.49-12.30
Free Cash Flow10112710810773.2554.4269.7951.8453.9258.99
Cash & Equivalents311340374291307252239212143112
Total Debt---------5.25
Net Cash / Debt311340374291307252239212143106
Assets1,5321,3011,079928834704566447329267
Liabilities13011511195.5611911893.9460.6346.9138.38
Book Value1,4021,186968832715585472387282228
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Globus Medical, Inc.
Country United States
Employees 2,000
CEO David M. Demski

Stock Information

Ticker Symbol GMED
Stock Exchange New York Stock Exchange
Sector Healthcare
Industry Medical Appliances & Equipment
Unique Identifier NYSE: GMED
IPO Date August 3, 2012

Description

Globus Medical, Inc., a medical device company, focuses on the development and commercialization of implants that heal patients with musculoskeletal disorders. Its spine product portfolio includes a range of implant and surgical approach options that can be used to treat degenerative, deformity, tumor, and trauma conditions affecting the spine from the occiput to the sacrum. The company also offers products for the treatment of orthopedic trauma, including fracture plates, compression screws, intramedullary nails, and external fixation systems; and regenerative biologic products, such as allografts and synthetic alternatives that are adjunctive treatments used in combination with stabilizing implant hardware. In addition, it provides motion preservation technologies, such as dynamic stabilization, total disc replacement and interspinous distraction devices, and interventional pain management solutions to treat vertebral compression fractures; imaging, navigation, and robotic assisted surgery technology solutions; and hip and knee joint solutions, as well as distributes human cell, tissue, and cellular and tissue based products. Further, the company offers expandable spacer products, which include RISE, RISE-L, CALIBER, CALIBER-L, ALTERA, ELSA, ELSA-ATP, SABLE, MAGNIFY, MAGNIFY-S, FORTIFY, and XPand; CREO thoracolumbar stabilization platform that offers instruments and implants for treating pathologies; CREO MIS and CREO MCS, options designed for less invasive surgery and minimal muscle disruption; CREO Derotation and CREO Rod Link Reducer systems, which help to streamline various derotation maneuvers for deformity correction; CREO Addition that provides a range of connectors; and CREO Fenestrated, a cement augmented pedicle screw system for patients with advanced stage tumors and limited life expectancy, as well as QUARTEX, an occipito-cervico-thoracic stabilization system. Globus Medical, Inc. was founded in 2003 and is headquartered in Audubon, Pennsylvania.