Globus Medical Inc (NYSE: GMED) established initial surge of 0.32% at $83.59, before settling in for the price of $83.32 at the close. Taking a more long-term approach, GMED posted a 52-week range of $44.02-$84.87.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 18.43%. Meanwhile, its Annual Earning per share during the time was -7.04%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 28.42%. This publicly-traded company’s shares outstanding now amounts to $113.91 million, simultaneously with a float of $112.91 million. The organization now has a market capitalization sitting at $11.38 billion. At the time of writing, stock’s 50-day Moving Average stood at $74.16, while the 200-day Moving Average is $65.02.
Globus Medical Inc (GMED) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Globus Medical Inc industry. Globus Medical Inc’s current insider ownership accounts for 17.08%, in contrast to 80.58% institutional ownership. According to the most recent insider trade that took place on Nov 06 ’24, this organization’s President, CEO sold 60,000 shares at the rate of 80.02, making the entire transaction reach 4,801,200 in total value, affecting insider ownership by 0. Preceding that transaction, on Nov 06 ’24, Company’s SVP, GC, Corporate Secretary sold 5,000 for 81.01, making the whole transaction’s value amount to 405,050. This particular insider is now the holder of 0 in total.
Globus Medical Inc (GMED) Earnings and Revenue Records
Globus Medical Inc’s EPS increase for this current 12-month fiscal period is 28.42% and is forecasted to reach 3.42 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 14.07% through the next 5 years, which can be compared against the -7.04% growth it accomplished over the previous five years trading on the market.
Globus Medical Inc (NYSE: GMED) Trading Performance Indicators
Let’s observe the current performance indicators for Globus Medical Inc (GMED). It’s Quick Ratio in the last reported quarter now stands at 1.64. The Stock has managed to achieve an average true range (ATR) of 1.92. Alongside those numbers, its PE Ratio stands at $126.10, and its Beta score is 1.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.59. Similarly, its price to free cash flow for trailing twelve months is now 38.75.
In the same vein, GMED’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.66, a figure that is expected to reach 0.74 in the next quarter, and analysts are predicting that it will be 3.42 at the market close of one year from today.
Technical Analysis of Globus Medical Inc (GMED)
Now, what If we examine the latest scores posted by [Globus Medical Inc, GMED]. During the last 5-days, its volume was lower the volume of 1.01 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 74.07% While, its Average True Range was 1.97.
Raw Stochastic average of Globus Medical Inc (GMED) in the period of the previous 100 days is set at 93.98%, which indicates a major rise in contrast to 88.93% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 39.83% that was higher than 27.76% volatility it exhibited in the past 100-days period.
