Globus Medical Inc's fundamentals are relatively very healthy, with industry-average ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 21 out of 205 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 104.93.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Globus Medical Inc is 9.36, ranking 9 out of 205 in the Healthcare Equipment & Supplies industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 769.05M, representing a year-over-year increase of 22.91%, while its net profit experienced a year-over-year increase of 129.50%.
Key Metrics
The current valuation score of Globus Medical Inc is 7.35, ranking 93 out of 205 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is 28.09, which is 1191.47% below the recent high of 362.76 and 29.58% above the recent low of 19.78.
The current earnings forecast score of Globus Medical Inc is 7.63, ranking 121 out of 205 in the Healthcare Equipment & Supplies industry. The average price target is 92.00, with a high of 114.00 and a low of 76.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Globus Medical Inc is 6.83, ranking 81 out of 205 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 93.91 and the support level at 83.86, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Globus Medical Inc is 10.00, ranking 1 out of 205 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 106.51%, representing a quarter-over-quarter increase of 1.82%. The largest institutional shareholder is The Vanguard, holding a total of 10.52M shares, representing 9.44% of shares outstanding, with 1.98% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Globus Medical Inc is 5.73, ranking 74 out of 205 in the Healthcare Equipment & Supplies industry. The company's beta value is 1.07. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Globus Medical Inc’s latest ESG disclosure is at an average level in the Healthcare Equipment & Supplies industry, showing no material impact on overall risk.
