GMED RSI Chart
Last 7 days
27.5%
Last 30 days
19.9%
Last 90 days
22.9%
Trailing 12 Months
12.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.9B | 0 | 0 | 0 |
2023 | 1.1B | 1.1B | 1.2B | 1.6B |
2022 | 961.3M | 973.9M | 998.4M | 1.0B |
2021 | 825.8M | 927.9M | 941.5M | 958.1M |
2020 | 793.0M | 747.4M | 767.3M | 789.0M |
2019 | 721.5M | 742.7M | 769.6M | 785.4M |
2018 | 654.6M | 675.6M | 693.1M | 713.0M |
2017 | 580.5M | 595.4M | 611.5M | 636.0M |
2016 | 552.4M | 556.3M | 555.0M | 564.0M |
2015 | 491.8M | 511.8M | 531.0M | 544.8M |
2014 | 443.7M | 450.2M | 460.8M | 474.4M |
2013 | 396.3M | 407.3M | 419.8M | 434.5M |
2012 | 347.9M | 363.0M | 373.5M | 386.0M |
2011 | 299.0M | 309.8M | 320.7M | 331.5M |
2010 | 0 | 0 | 0 | 288.2M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 08, 2024 | davidar david d | sold | -1,300,000 | 65.00 | -20,000 | - |
Mar 15, 2024 | norwalk leslie v | sold | -550,574 | 51.99 | -10,590 | - |
Mar 01, 2024 | huller kelly | sold | -405,730 | 54.0973 | -7,500 | svp, gc, corporate secretary |
Mar 01, 2024 | huller kelly | acquired | 186,750 | 24.9 | 7,500 | svp, gc, corporate secretary |
Jan 18, 2024 | davidar david d | gifted | - | - | -8,000 | - |
Sep 01, 2023 | wolterman dan | acquired | - | - | 24,025 | - |
Sep 01, 2023 | deford john a | acquired | - | - | 15,578 | - |
Sep 01, 2023 | norwalk leslie v | acquired | - | - | 28,009 | - |
May 15, 2023 | lemaitre dan | acquired | 1,104,780 | 25.4265 | 43,450 | - |
May 15, 2023 | lemaitre dan | sold | -2,475,980 | 56.9845 | -43,450 | - |
Which funds bought or sold GMED recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 10, 2024 | CenterBook Partners LP | sold off | -100 | -383,581 | - | -% |
May 10, 2024 | LPL Financial LLC | added | 36.14 | 1,419,380 | 5,251,570 | -% |
May 10, 2024 | PRINCIPAL SECURITIES, INC. | added | 3.68 | 694 | 16,628 | -% |
May 10, 2024 | CIBC Private Wealth Group, LLC | new | - | 81,873 | 81,873 | -% |
May 10, 2024 | Cannell & Spears LLC | added | 39.51 | 2,319,640 | 8,056,940 | 0.17% |
May 10, 2024 | Homestead Advisers Corp | unchanged | - | 23,179 | 3,552,310 | 0.08% |
May 10, 2024 | DIMENSIONAL FUND ADVISORS LP | reduced | -23.45 | -22,238,600 | 74,650,500 | 0.02% |
May 10, 2024 | VisionPoint Advisory Group, LLC | new | - | 215 | 215 | -% |
May 10, 2024 | Knights of Columbus Asset Advisors LLC | reduced | -62.91 | -2,842,200 | 1,693,150 | 0.12% |
May 10, 2024 | NICOLET ADVISORY SERVICES, LLC | new | - | 309,465 | 309,465 | 0.03% |
Unveiling Globus Medical Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Globus Medical Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ABT | 182.1B | 40.3B | 32.37 | 4.52 | ||||
BDX | 67.9B | 19.7B | 50.95 | 3.44 | ||||
ALGN | 21.1B | 3.9B | 45.66 | 5.39 | ||||
BAX | 18.3B | 14.9B | 6.92 | 1.23 | ||||
MID-CAP | ||||||||
ATR | 9.9B | 3.5B | 31.58 | 2.79 | ||||
HSIC | 9.4B | 12.5B | 24.24 | 0.76 | ||||
BIO | 7.9B | 2.6B | -24.53 | 3.04 | ||||
XRAY | 5.9B | 3.9B | -62.62 | 1.49 | ||||
AXNX | 3.4B | 387.1M | -215.82 | 8.88 | ||||
PDCO | 2.4B | 6.6B | 12.18 | 0.36 | ||||
SMALL-CAP | ||||||||
AHCO | 1.2B | 3.2B | -1.76 | 0.38 | ||||
ANIK | 374.6M | 169.3M | -4.88 | 2.21 | ||||
ANGO | 245.1M | 324.0M | -1.27 | 0.76 | ||||
APYX | 57.5M | 50.5M | -2.52 | 1.14 | ||||
AEMD | 3.1M | 3.7M | -0.25 | 0.82 |
Globus Medical Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -1.6% | 607 | 617 | 384 | 292 | 277 | 274 | 254 | 264 | 231 | 250 | 230 | 251 | 227 | 233 | 216 | 149 | 191 | 212 | 196 | 195 | 183 |
Gross Profit | 4.0% | 365 | 351 | 248 | 215 | 206 | 204 | 189 | 195 | 171 | 188 | 171 | 187 | 172 | 173 | 159 | 98.00 | 142 | 163 | 151 | 151 | 141 |
Operating Expenses | 4.8% | 357 | 341 | 248 | 149 | 149 | 150 | 129 | 127 | 125 | 170 | 118 | 141 | 118 | 114 | 109 | 124 | 113 | 113 | 109 | 108 | 104 |
S&GA Expenses | 1.6% | 249 | 245 | 156 | 120 | 122 | 118 | 107 | 107 | 101 | 107 | 96.00 | 107 | 98.00 | 92.00 | 89.00 | 80.00 | 94.00 | 92.00 | 88.00 | 88.00 | 86.00 |
R&D Expenses | 9.6% | 57.00 | 52.00 | 29.00 | 21.00 | 21.00 | 20.00 | 19.00 | 17.00 | 17.00 | 51.00 | 16.00 | 16.00 | 15.00 | 15.00 | 14.00 | 39.00 | 15.00 | 15.00 | 15.00 | 16.00 | 14.00 |
EBITDA Margin | -28.1% | 0.15* | 0.21* | 0.26* | 0.32* | 0.32* | 0.32* | 0.28* | 0.28* | 0.26* | 0.27* | 0.32* | 0.33* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 26.6% | -1.89 | -2.58 | 8.00 | 8.00 | 6.00 | 5.00 | 4.00 | 2.00 | 3.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
Income Taxes | -114.5% | -1.44 | 10.00 | 2.00 | 17.00 | 14.00 | 12.00 | 14.00 | 16.00 | 11.00 | 5.00 | 7.00 | 7.00 | 12.00 | 9.00 | 9.00 | -1.10 | 7.00 | 9.00 | 8.00 | 9.00 | 8.00 |
Earnings Before Taxes | -134.2% | -8.56 | 25.00 | 3.00 | 75.00 | 63.00 | 62.00 | 61.00 | 71.00 | 49.00 | 20.00 | 54.00 | 49.00 | 57.00 | 62.00 | 53.00 | -21.94 | 32.00 | 54.00 | 47.00 | 47.00 | 42.00 |
EBT Margin | -53.2% | 0.05* | 0.11* | 0.17* | 0.24* | 0.24* | 0.24* | 0.20* | 0.20* | 0.18* | 0.19* | 0.24* | 0.24* | - | - | - | - | - | - | - | - | - |
Net Income | -158.1% | -7.12 | 12.00 | 1.00 | 58.00 | 54.00 | 58.00 | 47.00 | 46.00 | 28.00 | 11.00 | 46.00 | 42.00 | 40.00 | 55.00 | 45.00 | -13.27 | 23.00 | 45.00 | 37.00 | 42.00 | 35.00 |
Net Income Margin | -57.8% | 0.03* | 0.08* | 0.14* | 0.20* | 0.19* | 0.18* | 0.13* | 0.13* | 0.13* | 0.14* | 0.19* | 0.20* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -70.9% | 24.00 | 82.00 | 29.00 | 17.00 | 37.00 | 46.00 | 21.00 | 13.00 | 25.00 | 59.00 | 59.00 | 51.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -2.8% | 4,944 | 5,086 | 5,356 | 2,212 | 2,150 | 2,076 | 1,977 | 1,915 | 1,999 | 1,957 | 1,911 | 1,830 | 1,738 | 1,679 | 1,542 | 1,466 | 1,479 | 1,532 | 1,452 | 1,391 | 1,336 |
Current Assets | -4.5% | 1,829 | 1,915 | 1,917 | 1,210 | 1,070 | 983 | 920 | 891 | 917 | 865 | 981 | 892 | 814 | 822 | 812 | 697 | 642 | 687 | 637 | 584 | 618 |
Cash Equivalents | -24.2% | 354 | 467 | 280 | 306 | 218 | 150 | 134 | 151 | 230 | 193 | 362 | 269 | 185 | 239 | 251 | 166 | 167 | 196 | 166 | 118 | 130 |
Inventory | -3.8% | 816 | 848 | 905 | 336 | 321 | 299 | 282 | 266 | 254 | 237 | 234 | 231 | 232 | 229 | 232 | 224 | 208 | 196 | 187 | 173 | 143 |
Net PPE | -1.4% | 579 | 587 | 607 | 248 | 245 | 244 | 236 | 239 | 228 | 221 | 216 | 211 | 216 | 217 | 215 | 212 | 213 | 200 | 197 | 194 | 184 |
Goodwill | 1.2% | 1,451 | 1,435 | 924 | 199 | 199 | 197 | 182 | 5.00 | 179 | 180 | 11.00 | 156 | 155 | 157 | 26.00 | 129 | 129 | 129 | 129 | 130 | 124 |
Liabilities | -6.1% | 1,021 | 1,088 | 1,169 | 227 | 235 | 230 | 212 | 216 | 213 | 216 | 192 | 191 | 175 | 173 | 125 | 129 | 116 | 130 | 113 | 103 | 99.00 |
Current Liabilities | 100.4% | 786 | 392 | 429 | 155 | 168 | 159 | 145 | 146 | 141 | 140 | 123 | 130 | 124 | 121 | 100 | 106 | 98.00 | 111 | 95.00 | 84.00 | 79.00 |
Long Term Debt | -100.0% | - | 417 | 410 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | -100.0% | - | 417 | 410 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholder's Equity | -1.9% | 3,922 | 3,998 | 4,187 | 1,985 | 1,915 | 1,846 | 1,764 | 1,699 | 1,785 | 1,741 | 1,718 | 1,639 | 1,563 | 1,506 | 1,417 | 1,337 | 1,363 | 1,402 | 1,339 | 1,288 | 1,237 |
Retained Earnings | -8.0% | 1,047 | 1,137 | 1,348 | 1,347 | 1,289 | 1,240 | 1,190 | 1,142 | 1,232 | 1,194 | 1,179 | 1,132 | 1,090 | 1,045 | 992 | 948 | 1,000 | 1,048 | 1,002 | 964 | 926 |
Additional Paid-In Capital | 0.5% | 2,886 | 2,871 | 2,858 | 657 | 645 | 631 | 606 | 582 | 570 | 554 | 542 | 509 | 474 | 457 | 423 | 388 | 370 | 357 | 339 | 325 | 317 |
Accumulated Depreciation | 5.0% | 447 | 426 | 388 | 364 | 354 | 343 | 333 | 322 | 314 | 306 | 301 | 294 | 282 | 276 | 267 | 258 | 250 | 244 | 238 | 231 | 224 |
Shares Outstanding | 19.7% | 135 | 113 | 105 | 100 | 100 | 100 | 101 | 101 | 102 | 101 | 100 | 100 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 4,600 | - | - | - | 4,300 | - | - | - | 5,900 | - | - | - | 3,500 | - | 3,300 | - | 3,300 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -50.0% | 52,387 | 104,674 | 50,484 | 35,028 | 53,313 | 63,975 | 32,920 | 36,883 | 44,690 | 76,253 | 77,262 | 59,189 | 63,570 | 80,184 | 53,248 | 23,068 | 42,293 | 54,309 | 55,866 | 22,597 | 39,203 |
Share Based Compensation | 38.7% | 17,260 | 12,445 | 22,755 | 8,589 | 8,953 | 8,507 | 8,314 | 7,837 | 8,152 | 7,805 | 7,451 | 7,632 | 7,698 | 5,935 | 7,020 | 7,311 | 6,807 | 6,438 | 6,898 | 6,301 | 6,448 |
Cashflow From Investing | -114.5% | -46,584 | 320,615 | -80,861 | 52,222 | 10,992 | -60,484 | -63,110 | 27,126 | -13,894 | -243,797 | -6,885 | -143 | -125,114 | -119,092 | 7,661 | -3,299 | -2,592 | -36,035 | -13,668 | -36,739 | -53,839 |
Cashflow From Financing | 51.2% | -115,721 | -237,270 | 1,425 | 1,084 | 2,940 | 13,591 | 13,162 | -142,762 | 6,047 | -1,023 | 22,678 | 24,928 | 7,564 | 27,212 | 23,683 | -20,891 | -68,667 | 11,185 | 6,619 | 1,730 | 4,905 |
Buy Backs | - | 83,315 | - | - | - | - | - | - | 144,493 | - | - | - | - | - | - | - | 30,805 | 73,864 | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME [Abstract] | ||
Net sales | $ 606,666 | $ 276,688 |
Cost of sales | 241,487 | 70,825 |
Gross profit | 365,179 | 205,863 |
Operating expenses: | ||
Research and development | 57,268 | 21,082 |
Selling, general and administrative | 248,710 | 122,416 |
Provision for litigation, net | (31) | |
Amortization of intangibles | 29,676 | 4,601 |
Acquisition-related costs | 2,418 | 1,361 |
Restructuring Costs | 19,141 | |
Total operating expenses | 357,182 | 149,460 |
Operating income/(loss) | 7,997 | 56,403 |
Other income/(expense), net | ||
Interest income/(expense), net | (1,894) | 6,497 |
Foreign currency transaction gain/(loss) | (15,371) | 212 |
Other income/(expense) | 710 | 77 |
Total other income/(expense), net | (16,555) | 6,786 |
Income/(loss) before income taxes | (8,558) | 63,189 |
Income tax provision/(benefit) | (1,441) | 14,060 |
Net income/(loss) | (7,117) | 49,129 |
Other comprehensive income/(loss), net of tax: | ||
Unrealized gain/(loss) on marketable securities | 379 | 4,298 |
Foreign currency translation gain/(loss) | (1,232) | 910 |
Total other comprehensive income/(loss), net of tax | (853) | 5,208 |
Comprehensive income/(loss) | $ (7,970) | $ 54,337 |
Earnings per share: | ||
Basic | $ (0.05) | $ 0.49 |
Diluted | $ (0.05) | $ 0.48 |
Weighted average shares outstanding: | ||
Basic | 135,358 | 100,279 |
Diluted | 135,358 | 102,196 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 354,062 | $ 467,292 |
Short-term marketable securities | 80,408 | 50,497 |
Accounts receivable, net of allowances of $11,527 and $8,934, respectively | 534,333 | 503,235 |
Inventories | 816,196 | 848,135 |
Prepaid expenses and other current assets | 43,209 | 44,580 |
Income taxes receivable | 366 | 1,635 |
Total current assets | 1,828,574 | 1,915,374 |
Property and equipment, net of accumulated depreciation of $447,122 and $425,695, respectively | 578,887 | 586,932 |
Operating lease right of use assets | 56,347 | 59,931 |
Long-term marketable securities | 51,256 | 75,428 |
Intangible assets, net | 888,208 | 924,603 |
Goodwill | 1,451,106 | 1,434,540 |
Other assets | 78,216 | 78,590 |
Deferred income taxes | 11,018 | 10,685 |
Total assets | 4,943,612 | 5,086,083 |
Current liabilities: | ||
Accounts payable | 50,487 | 56,671 |
Accrued expenses | 210,011 | 240,460 |
Operating lease liabilities | 11,749 | 11,967 |
Income taxes payable | 43,058 | 3,845 |
Senior convertible notes | 424,044 | |
Business acquisition liabilities | 29,649 | 61,035 |
Deferred revenue | 17,077 | 18,369 |
Payable to broker | 249 | |
Total current liabilities | 786,324 | 392,347 |
Business acquisition liabilities, net of current portion | 81,661 | 78,323 |
Operating lease liabilities | 89,809 | 91,037 |
Senior convertible notes | 417,400 | |
Deferred income taxes and other tax liabilities | 39,952 | 84,421 |
Other liabilities | 23,505 | 24,596 |
Total liabilities | 1,021,251 | 1,088,124 |
Commitments and contingencies (Note 17) | ||
Equity: | ||
Additional paid-in capital | 2,886,436 | 2,870,749 |
Accumulated other comprehensive income/(loss) | (11,045) | (10,192) |
Retained earnings | 1,046,835 | 1,137,266 |
Total equity | 3,922,361 | 3,997,959 |
Total liabilities and equity | 4,943,612 | 5,086,083 |
Common Class A [Member] | ||
Equity: | ||
Common stock | 113 | 114 |
Common Class B [Member] | ||
Equity: | ||
Common stock | $ 22 | $ 22 |