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Globus Medical Stock Gains Attention After Earnings Beat And Continued Growth

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Globus Medical Stock Gains Attention After Earnings Beat And Continued Growth

Globus Medical recently reported quarterly results that exceeded consensus forecasts for both adjusted earnings per share and revenue, continuing a pattern of outperformance over the past four quarters. Behind the headlines, the business has been expanding free cash flow

Directly affected

  • GMED Globus Medical+0.6% 10d

    Named in this report.

Indirectly affected

  • XLV Health Care Select Sector SPDR

    Health Care Select Sector SPDR holds the health sector that Globus Medical belongs to, so it often moves with news about it.

  • SYK Stryker+13.4% 30d

    Stryker is a peer of Globus Medical in surgical and medical instruments and apparatus; rivals often move on the same news.

  • MMM 3M+4.2% 30d

    3M is a peer of Globus Medical in surgical and medical instruments and apparatus; rivals often move on the same news.

  • BSX Boston Scientific-1.7% 30d

    Boston Scientific is a peer of Globus Medical in surgical and medical instruments and apparatus; rivals often move on the same news.

  • BDX Becton, Dickinson and+6.6% 30d

    Becton, Dickinson and is a peer of Globus Medical in surgical and medical instruments and apparatus; rivals often move on the same news.

  • MDLN Medline-12.6% 11d

    Medline is a peer of Globus Medical in surgical and medical instruments and apparatus; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
GMED+4.87%+4.10%baseafter closeafter closeafter closeafter close
XLVNo price data for this ticker———————
SYKNo price data for this ticker———————
MMMNo price data for this ticker———————
BSXNo price data for this ticker———————
BDXNo price data for this ticker———————
MDLNNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Globus Medical Stock Gains Attention After Earnings Beat And Continued Growth Yahoo Finance

Source: Yahoo Finance

This story

CompanyWhenMoveStatus
GMEDthree days earlier+4.10%final price
GMEDfive days earlier+4.87%final price

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This story

12 out of 100

“Globus Medical Stock Gains Attention After Earnings Beat And Continued Growth” scores 12 out of 100. The score uses 1 sources.