Globus Medical (NYSE:GMED – Get Free Report) and IceCure Medical (NASDAQ:ICCM – Get Free Report) are both medical companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, analyst recommendations, earnings, profitability and dividends.
Valuation & Earnings
This table compares Globus Medical and IceCure Medical”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Globus Medical | $2.24 billion | 4.44 | $122.87 million | $0.64 | 114.63 |
IceCure Medical | $3.34 million | 7.78 | -$14.65 million | ($0.33) | -1.72 |
Globus Medical has higher revenue and earnings than IceCure Medical. IceCure Medical is trading at a lower price-to-earnings ratio than Globus Medical, indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Globus Medical | 0 | 3 | 7 | 0 | 2.70 |
IceCure Medical | 0 | 0 | 2 | 0 | 3.00 |
Globus Medical currently has a consensus target price of $77.78, suggesting a potential upside of 6.02%. IceCure Medical has a consensus target price of $2.70, suggesting a potential upside of 374.77%. Given IceCure Medical’s stronger consensus rating and higher probable upside, analysts clearly believe IceCure Medical is more favorable than Globus Medical.
Institutional & Insider Ownership
95.2% of Globus Medical shares are held by institutional investors. Comparatively, 0.6% of IceCure Medical shares are held by institutional investors. 18.5% of Globus Medical shares are held by insiders. Comparatively, 2.4% of IceCure Medical shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Profitability
This table compares Globus Medical and IceCure Medical’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Globus Medical | 1.82% | 8.70% | 6.87% |
IceCure Medical | -410.22% | -111.27% | -81.41% |
Risk and Volatility
Globus Medical has a beta of 1.17, suggesting that its stock price is 17% more volatile than the S&P 500. Comparatively, IceCure Medical has a beta of 0.56, suggesting that its stock price is 44% less volatile than the S&P 500.
Summary
Globus Medical beats IceCure Medical on 11 of the 14 factors compared between the two stocks.
About Globus Medical
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.
About IceCure Medical
IceCure Medical Ltd, a commercial stage medical device company, engages in the research, development, and marketing of cryoablation systems, disposables, and technologies for treating tumors. The company offers ProSense system, a single probe system for the treatment of tumors, as well as associated disposables; and IceSense3 system for ablation indications to urology, oncology, dermatology, gynecology, general surgery, thoracic surgery, and proctology. It also develops XSense system, a single probe system; and MultiSense, a multi probe system for the treatment of multiple and larger tumors. The company was incorporated in 2006 and is headquartered in Caesarea, Israel.
Receive News & Ratings for Globus Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Globus Medical and related companies with MarketBeat.com's FREE daily email newsletter.