50.55
price up icon0.36%   +0.18
 
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Globus Medical Inc stock is currently priced at $50.55, with a 24-hour trading volume of 532.95K. It has seen a +0.36% increased in the last 24 hours and a -2.07% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $50.60 pivot point. If it approaches the $49.79 support level, significant changes may occur.
Previous Close:
$50.37
Open:
$50.6
24h Volume:
532.95K
Market Cap:
$6.84B
Revenue:
$1.57B
Net Income/Loss:
$122.87M
P/E Ratio:
25.15
EPS:
2.01
Net Cash Flow:
$165.23M
1W Performance:
+0.40%
1M Performance:
-2.07%
6M Performance:
+9.25%
1Y Performance:
-12.33%
1D Range:
Value
$50.55
$51.06
52W Range:
Value
$43.38
$62.88

Globus Medical Inc Stock (GMED) Company Profile

Name
Name
Globus Medical Inc
Name
Phone
610-930-1800
Name
Address
2560 General Armistead Avenue, Audubon, PA
Name
Employee
1,500
Name
Twitter
@GlobusMedical
Name
Next Earnings Date
2024-05-07
Name
Latest SEC Filings
Name
GMED's Discussions on Twitter

Globus Medical Inc Stock (GMED) Upgrades & Downgrades

Date Action Analyst Rating Change
Oct-20-23 Initiated ROTH MKM Buy
Sep-19-23 Upgrade Stifel Hold → Buy
Mar-30-23 Upgrade Canaccord Genuity Hold → Buy
Feb-13-23 Downgrade BofA Securities Buy → Underperform
Feb-10-23 Downgrade BTIG Research Buy → Neutral
Feb-10-23 Downgrade Loop Capital Buy → Hold
Feb-10-23 Downgrade Needham Buy → Hold
Feb-10-23 Downgrade Truist Buy → Hold
Feb-10-23 Downgrade Wells Fargo Overweight → Equal Weight
Oct-18-22 Initiated Barclays Overweight
Oct-12-22 Initiated Jefferies Buy
Apr-13-22 Resumed Truist Buy
Mar-28-22 Initiated Wells Fargo Overweight
Jan-04-22 Upgrade Piper Sandler Neutral → Overweight
Dec-13-21 Upgrade BofA Securities Underperform → Buy
Dec-10-21 Initiated RBC Capital Mkts Outperform
Oct-29-21 Initiated Loop Capital Buy
Feb-18-21 Resumed Needham Buy
Dec-08-20 Initiated Citigroup Buy
Oct-20-20 Initiated Stifel Hold
Aug-06-20 Reiterated Needham Buy
Aug-06-20 Upgrade Northland Capital Market Perform → Outperform
Jul-21-20 Initiated Northland Capital Market Perform
Jul-06-20 Downgrade Piper Sandler Overweight → Neutral
May-08-20 Reiterated Needham Buy
Mar-18-20 Upgrade BTIG Research Neutral → Buy
Jan-08-20 Initiated SunTrust Buy
Dec-12-19 Upgrade Wells Fargo Market Perform → Outperform
Aug-02-19 Reiterated Needham Buy
May-24-19 Downgrade Wells Fargo Outperform → Market Perform
May-03-19 Reiterated Needham Buy
Feb-28-19 Upgrade UBS Neutral → Buy
Jan-02-19 Downgrade Morgan Stanley Overweight → Equal-Weight
Aug-02-18 Reiterated Needham Buy
Jun-27-18 Downgrade BofA/Merrill Neutral → Underperform
Jun-01-18 Initiated Cantor Fitzgerald Overweight
May-03-18 Reiterated Needham Buy
Apr-04-18 Upgrade Needham Hold → Buy
View All

Globus Medical Inc Stock (GMED) Financials Data

Globus Medical Inc (GMED) Revenue 2024

GMED reported a revenue (TTM) of $1.57 billion for the quarter ending December 31, 2023, a +53.34% rise year-over-year.
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Globus Medical Inc (GMED) Net Income 2024

GMED net income (TTM) was $122.87 million for the quarter ending December 31, 2023, a -35.39% decrease year-over-year.
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Globus Medical Inc (GMED) Cash Flow 2024

GMED recorded a free cash flow (TTM) of $165.22 million for the quarter ending December 31, 2023, a +58.23% increase year-over-year.
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Globus Medical Inc (GMED) Earnings per Share 2024

GMED earnings per share (TTM) was $1.17 for the quarter ending December 31, 2023, a -37.10% decline year-over-year.
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Globus Medical, Inc., a medical device company, focuses on the design, development, and commercialization of musculoskeletal implants that promote healing in patients with spine disorders. The company offers products that address an array of spinal pathologies, anatomies, and surgical approaches. Its fusion products include a range of implant and surgical approach options to treat degenerative, deformity, tumor, and trauma conditions along the spine from the occiput to the sacrum. The company's disruptive technology products comprise products that allow for minimally invasive surgical techniques; and new treatment alternatives, including imaging, navigational, and robotic technologies, as well as motion preservation technologies, such as dynamic stabilization, total disc replacement, and interspinous process spacer products. Its disruptive technology products also consist of regenerative biologics products, including bioactive glass-based bone void fillers and ceramic-collagen for pelvic/extremity and posterolateral spinal fusion procedures; and interventional pain management solutions, which comprise treatments for vertebral compression fractures. In addition, the company offers products for the treatment of orthopedic trauma, including compression screws, fixation plates, intramedullary nails, and external fixation systems. Further, it distributes human cell, tissue, and cellular and tissue based products. The company sells its implants and related disposables primarily to hospitals through direct sales representatives and independent distributors in the United States and internationally. Globus Medical, Inc. was founded in 2003 and is headquartered in Audubon, Pennsylvania.
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Cap:     |  Volume (24h):