Globus Medical Inc (NYSE: GMED) open the trading on Wednesday, with great promise as it jumped 2.88% to $75.50, before settling in for the price of $73.39 at the close. Taking a more long-term approach, GMED posted a 52-week range of $49.33-$94.93.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 28.52%. Meanwhile, its Annual Earning per share during the time was -13.26%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 9.76%. This publicly-traded company’s shares outstanding now amounts to $114.99 million, simultaneously with a float of $113.96 million. The organization now has a market capitalization sitting at $12.08 billion. At the time of writing, stock’s 50-day Moving Average stood at $81.23, while the 200-day Moving Average is $76.72.
Globus Medical Inc (GMED) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Medical Devices industry. Globus Medical Inc’s current insider ownership accounts for 17.14%, in contrast to 79.89% institutional ownership. According to the most recent insider trade that took place on Feb 28 ’25, this organization’s Director sold 7,500 shares at the rate of 78.68, making the entire transaction reach 590,100 in total value, affecting insider ownership by 35,384.
Globus Medical Inc (GMED) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.86 per share during the current fiscal year.
Globus Medical Inc’s EPS increase for this current 12-month fiscal period is 9.76% and is forecasted to reach 3.96 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.64% through the next 5 years, which can be compared against the -13.26% 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 1.77. The Stock has managed to achieve an average true range (ATR) of 2.23. Alongside those numbers, its PE Ratio stands at $101.42, and its Beta score is 1.33. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.79. Similarly, its price to free cash flow for trailing twelve months is now 29.81.
In the same vein, GMED’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.74, a figure that is expected to reach 0.75 in the next quarter, and analysts are predicting that it will be 3.96 at the market close of one year from today.
Technical Analysis of Globus Medical Inc (GMED)
[Globus Medical Inc, GMED] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 53.16% While, its Average True Range was 2.25.
Raw Stochastic average of Globus Medical Inc (GMED) in the period of the previous 100 days is set at 25.41%, which indicates a major fall in contrast to 79.92% 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 27.04% that was lower than 28.41% volatility it exhibited in the past 100-days period.
