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How to buy Globus Medical (GMED) stocks in Canada
Learn how to easily invest in Globus Medical stocks.
Globus Medical is a medical devices business based in the US. Globus Medical stocks (GMED.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $78.59 – a decrease of 6.26% over the previous week. Globus Medical employs 2,200 staff and has a trailing 12-month revenue of around $941.5 million.
How to buy shares in Globus Medical
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – GMED – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in Globus Medical?
- Has coronavirus impacted Globus Medical shares?
- Globus Medical shares summary
- Compare share dealing platforms
- Is Globus Medical stock a buy or sell?
- Globus Medical performance over time
- Are Globus Medical shares over-valued?
- Globus Medical's financials
- How volatile are Globus Medical shares?
- Does Globus Medical pay a dividend?
- Other common questions
Globus Medical stock price (NYSE:GMED)Use our graph to track the performance of GMED stocks over time.
Globus Medical shares at a glance
|Latest market close||$63.68|
|52-week range||$59.37 - $84.23|
|50-day moving average||$69.72|
|200-day moving average||$74.76|
|Wall St. target price||$88.21|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$1.82|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Globus Medical stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Globus Medical price performance over time
|1 week (2022-01-17)||N/A|
|1 month (2021-12-27)||-12.99%|
|3 months (2021-10-28)||-17.15%|
|6 months (2021-07-28)||-23.27%|
|1 year (2021-01-28)||1.06%|
|2 years (2020-01-28)||18.98%|
|3 years (2019-01-28)||45.49%|
|5 years (2017-01-27)||144.36%|
Is Globus Medical under- or over-valued?
Valuing Globus Medical stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Globus Medical's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Globus Medical's P/E ratio
Globus Medical's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 37x. In other words, Globus Medical shares trade at around 37x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Globus Medical's PEG ratio
Globus Medical's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.7087. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Globus Medical's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Globus Medical's EBITDA
Globus Medical's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $299.2 million.
The EBITDA is a measure of a Globus Medical's overall financial performance and is widely used to measure a its profitability.
Globus Medical financials
|Revenue TTM||$941.5 million|
|Operating margin TTM||24.35%|
|Gross profit TTM||$571.6 million|
|Return on assets TTM||8.3%|
|Return on equity TTM||11.93%|
|Market capitalisation||$6.9 billion|
TTM: trailing 12 months
Globus Medical share dividends
We're not expecting Globus Medical to pay a dividend over the next 12 months.
Globus Medical share price volatility
Over the last 12 months, Globus Medical's shares have ranged in value from as little as $59.365 up to $84.23. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Globus Medical's is 1.1095. This would suggest that Globus Medical's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Globus Medical overview
Globus Medical, Inc. , a medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders. Its offers spine products, such as consists of traditional fusion implants, such as pedicle screw and rod systems, plating systems, intervertebral spacers, and corpectomy devices for treating degenerative, deformity, tumors, and trauma conditions; treatment options for motion preservation technologies, such as dynamic stabilization, total disc replacement, and interspinous distraction devices; interventional pain management solutions to treat vertebral compression fractures; and regenerative biologic products, comprising of allografts and synthetic alternatives. The company also offers products for the treatment of orthopedic trauma, including fracture plates, compression screws, intramedullary nails, and external fixation systems; and hip and knee joint solutions, including modular hip stems and acetabular cups, as well as posterior stabilizing and cruciate retaining knee arthroplasty implants. In addition, it distributes human cell, tissue, and cellular and tissue based products; and COALITION, COALITION MIS, COALITION AGX, MONUMENT, MAGNIFY-S, HEDRON IATM, HEDRON ICTM, INDEPENDENCE, INDEPENDENCE MIS, FORTIFY and XPAND families, SABLETM, RISE, RISE INTRALIF, RISE-L, ELSA, ELSA ATP, RASS, ALTERA, ARIEL, LATIS, CALIBER and CALIBER-L products. Globus Medical, Inc. was incorporated in 2003 and is headquartered in Audubon, Pennsylvania.
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Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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