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Globus Medical Inc Class A GMED

Morningstar Rating
$64.40 +0.45 (0.70%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

GMED is trading within a range we consider fairly valued.
Price
$63.90
Fair Value
$45.27
Uncertainty
High
1-Star Price
$91.89
5-Star Price
$69.76
Economic Moat
Hdzsk
Capital Allocation
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News

Trading Information

Previous Close Price
$63.95
Day Range
$62.8864.52
52-Week Range
$43.3965.74
Bid/Ask
$59.49 / $65.44
Market Cap
$8.70 Bil
Volume/Avg
733,075 / 1.2 Mil

Key Statistics

Price/Earnings (Normalized)
27.56
Price/Sales
4.14
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
2.59%

Company Profile

Globus Medical Inc is a medical device company that develops and provides healthcare products and solutions to hospitals, physicians, and surgical centers. The firm's products are organized into two categories: musculoskeletal solutions, which include medical devices and instruments used mostly for spinal and orthopedic procedures, and enabling technologies, which include advanced computer systems developed for enhancing surgical capabilities. The vast majority of the company's revenue is generated from musculoskeletal solutions products, and more than half of the revenue is earned in the United States.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Small Growth
Total Number of Employees
5,000

Comparables

Valuation

Metric
GMED
NUVA
OFIX
Price/Earnings (Normalized)
27.5619.87665.31
Price/Book Value
2.202.340.98
Price/Sales
4.141.790.73
Price/Cash Flow
20.6411.8621.91
Price/Earnings
GMED
NUVA
OFIX

Financial Strength

Metric
GMED
NUVA
OFIX
Quick Ratio
1.230.601.01
Current Ratio
2.331.252.65
Interest Coverage
2.90−9.38
Quick Ratio
GMED
NUVA
OFIX

Profitability

Metric
GMED
NUVA
OFIX
Return on Assets (Normalized)
7.87%4.87%−13.57%
Return on Equity (Normalized)
9.71%12.28%−19.53%
Return on Invested Capital (Normalized)
8.60%6.21%−16.16%
Return on Assets
GMED
NUVA
OFIX
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