Globus Medical, Inc. (GMED)
Company Info
| ISIN | US3795772082 |
|---|---|
| CUSIP | 379577208 |
| Sector | Healthcare |
| Industry | Medical Devices |
| IPO Date | Aug 3, 2012 |
Highlights
| Market Cap | $11.36B |
|---|---|
| EPS (TTM) | $0.62 |
| PE Ratio | 134.55 |
| PEG Ratio | 2.17 |
| Total Revenue (TTM) | $2.48B |
| Gross Profit (TTM) | $1.38B |
| EBITDA (TTM) | $366.24M |
| Year Range | $44.02 - $84.87 |
| Target Price | $90.54 |
| Short % | 2.81% |
| Short Ratio | 4.37 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: GMED vs. SYK, GMED vs. VOO, GMED vs. AMC, GMED vs. SPY, GMED vs. JNJ, GMED vs. ALGN, GMED vs. EW, GMED vs. INMD, GMED vs. ISRG, GMED vs. QQQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Globus Medical, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Globus Medical, Inc. had a return of 54.89% year-to-date (YTD) and 79.20% in the last 12 months. Over the past 10 years, Globus Medical, Inc. had an annualized return of 13.79%, outperforming the S&P 500 benchmark which had an annualized return of 11.39%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 54.89% | 25.48% |
| 1 month | 15.94% | 2.14% |
| 6 months | 27.91% | 12.76% |
| 1 year | 79.20% | 33.14% |
| 5 years (annualized) | 8.51% | 13.96% |
| 10 years (annualized) | 13.79% | 11.39% |
Monthly Returns
The table below presents the monthly returns of GMED, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.94% | 2.27% | -0.65% | -7.18% | 34.79% | 2.06% | 5.07% | 1.03% | -1.60% | 2.80% | 54.89% | ||
| 2023 | 1.66% | -22.73% | -2.91% | 2.65% | -6.90% | 9.99% | 1.23% | -10.24% | -8.23% | -7.94% | -1.73% | 18.63% | -28.25% |
| 2022 | -7.58% | 5.38% | 4.92% | -10.25% | 0.57% | -15.71% | 4.54% | 0.85% | 0.64% | 12.47% | 10.28% | 0.51% | 2.87% |
| 2021 | -5.41% | 1.31% | -1.33% | 16.38% | 0.40% | 7.59% | 7.27% | -1.89% | -6.10% | 0.72% | -18.85% | 15.30% | 10.70% |
| 2020 | -11.21% | -13.49% | -5.97% | 11.59% | 15.15% | -12.70% | 0.99% | 17.31% | -12.38% | 5.25% | 15.27% | 8.56% | 10.77% |
| 2019 | 4.09% | 8.08% | 1.48% | -8.74% | -12.84% | 7.63% | 7.75% | 12.04% | 0.10% | 2.45% | 6.84% | 5.24% | 36.04% |
| 2018 | 12.02% | 3.48% | 4.58% | 2.75% | 8.52% | -9.16% | 2.02% | 3.48% | 6.55% | -6.89% | -8.63% | -10.37% | 5.30% |
| 2017 | 6.25% | 5.50% | 6.51% | 2.40% | 1.38% | 7.80% | -7.24% | -1.69% | -1.69% | 7.23% | 19.27% | 8.13% | 65.66% |
| 2016 | -10.32% | -2.61% | -2.26% | 5.43% | -3.19% | -1.69% | -3.69% | 1.22% | -2.84% | -1.95% | -2.21% | 14.65% | -10.82% |
| 2015 | -0.80% | 2.97% | 3.95% | -5.35% | 8.58% | -1.04% | 9.31% | -12.97% | -15.40% | 8.18% | 21.39% | 2.54% | 17.04% |
| 2014 | 15.96% | 1.11% | 12.38% | -8.16% | -0.98% | -1.08% | -6.77% | -18.65% | 8.43% | 12.71% | 3.92% | 3.17% | 17.79% |
| 2013 | 21.83% | 13.07% | 1.59% | 3.68% | -4.07% | 15.48% | -0.59% | 5.13% | -0.91% | 9.97% | 0.31% | 4.78% | 92.37% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of GMED is 93, placing it in the top 7% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Globus Medical, Inc. (GMED) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Globus Medical, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Globus Medical, Inc. was 47.91%, occurring on Nov 13, 2023. The portfolio has not yet recovered.
The current Globus Medical, Inc. drawdown is 1.81%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.91% | Sep 9, 2021 | 549 | Nov 13, 2023 | — | — | — |
| -44.69% | Oct 3, 2012 | 59 | Dec 28, 2012 | 212 | Oct 31, 2013 | 271 |
| -41.08% | Dec 20, 2019 | 58 | Mar 16, 2020 | 177 | Nov 24, 2020 | 235 |
| -33.7% | Nov 9, 2018 | 36 | Jan 3, 2019 | 238 | Dec 12, 2019 | 274 |
| -32.69% | Apr 3, 2014 | 104 | Aug 29, 2014 | 223 | Jul 21, 2015 | 327 |
Volatility
Volatility Chart
The current Globus Medical, Inc. volatility is 10.40%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Globus Medical, Inc. compared to its peers in the Medical Devices industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for GMED in comparison to other companies of the Medical Devices industry. Currently, GMED has a PE value of 134.5. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for GMED in comparison to other companies of the Medical Devices industry. Currently, GMED has a PEG value of 2.2. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Globus Medical, Inc..
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Income Statement
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