Globus Medical, Inc., a medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally. The company offers spine products, such as traditional fusion implants comprising pedicle screw and rod systems, plating systems, intervertebral spacers, and corpectomy devices for treating degenerative and congenital conditions, deformity, tumors, and trauma injuries; treatment options for motion preservation technologies that consist of dynamic stabilization, total disc replacement, and interspinous distraction devices; interventional solutions to treat vertebral compression fractures; and regenerative biologic products comprising of allografts and synthetic alternatives. It 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, the company distributes human cell, tissue, and cellular and tissue-based products. It sells its products through direct or distributor sales representatives, as well as hip and knee products through independent sales agents. Globus Medical, Inc. was incorporated in 2003 and is headquartered in Audubon, Pennsylvania.
Merger Momentum | Globus Medical's merger with NuVasive creates a mid-teens market share player in spine industry, driving significant revenue growth and synergies |
Robotic Surgery Leade | Explore GMED's strong position in robotic surgery, a key growth driver with rising sales and implant pull-through expected to boost future performance |
Financial Strength | Learn about GMED's impressive Q3 2024 results, with revenues reaching $625.7 million and adjusted EPS of $0.83, surpassing market expectations |
Analyst Outlook | Average price target range of $78-$100, with analysts maintaining bullish ratings despite regulatory challenges and integration complexities |
Metrics to compare | GMED | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipGMEDPeersSector | |
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P/E Ratio | 123.4x | −15.1x | −0.6x | |
PEG Ratio | −2.28 | −0.10 | 0.00 | |
Price/Book | 2.8x | 3.1x | 2.6x | |
Price / LTM Sales | 4.6x | 3.1x | 3.2x | |
Upside (Analyst Target) | 11.0% | 57.6% | 46.2% | |
Fair Value Upside | Unlock | −3.2% | 7.0% | Unlock |