Globus Medical Q4: Greater Dis-Synergies Hold Back The Stock [Seeking Alpha]
Globus Medical, Inc. Class A (GMED)
Last globus medical, inc. class a earnings: 2/20 04:15 pm
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US:NYSE Investor Relations:
investors.globusmedical.com
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Source: Seeking Alpha
The company's deal with NuVasive was expected to bring in synergies and improve earnings per share, but dis-synergies are limiting growth. The stock remains cheap based on sales multiples, but real earnings execution is needed for further returns. Looking for a helping hand in the market? Members of Value In Corporate Events get exclusive ideas and guidance to navigate any climate. Learn More » In the fall of last year, I concluded that it was time to "back" up shares of Globus Medical, Inc. ( NYSE: GMED after its shares had seen a lackluster performance. The company had a strong track record in the spine market, and synergies on a deal with NuVasive appeared set to pay off. Shares have seen a decent move higher, like the rest of the market, but the issue is that the recent 2024 earnings guidance came in a touch light, with sales and earnings growth limited by greater than expected dis-synergies. This combination in itself is not too enticing, yet GMED shares remain cheap e
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GMED
News
- What Is Globus Medical, Inc.'s (NYSE:GMED) Share Price Doing? [Yahoo! Finance]Yahoo! Finance
- GMED vs. PEN: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
- Intramedullary Nails Market to Reach $1.7 Billion Globally by 2032 at 5.6% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- Globus Medical Schedules First Quarter Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Globus Medical Schedules First Quarter Earnings Release and Conference CallGlobeNewswire
GMED
Earnings
- 2/20/24 - Beat
GMED
Sec Filings
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- 3/19/24 - Form 4
- GMED's page on the SEC website