Globus Medical, Inc., a medical device company, focuses on the design, development, and commercialization of musculoskeletal implants that promote healing in patients with spine disorders. The company has market cap of $4.16 billion. The firm offers products that address an array of spinal pathologies, anatomies, and surgical approaches. It has a 39.25 P/E ratio. It provides fusion products that are used in cervical, thoracolumbar, sacral, and interbody/corpectomy fusion procedures to treat degenerative, deformity, tumor, and trauma conditions.
Bridge Bancorp, Inc. (BDGE) formed triangle with $33.98 target or 4.00% below today’s $35.40 share price. Bridge Bancorp, Inc. (BDGE) has $697.73M valuation. The stock increased 1.14% or $0.4 during the last trading session, reaching $35.4. About 41,744 shares traded or 36.87% up from the average. Bridge Bancorp, Inc. (NASDAQ:BDGE) has risen 18.07% since January 3, 2017 and is uptrending. It has outperformed by 1.37% the S&P500.
Analysts await Globus Medical, Inc. (NYSE:GMED) to report earnings on February, 26. They expect $0.34 earnings per share, up 9.68% or $0.03 from last year’s $0.31 per share. GMED’s profit will be $32.76 million for 31.74 P/E if the $0.34 EPS becomes a reality. After $0.30 actual earnings per share reported by Globus Medical, Inc. for the previous quarter, Wall Street now forecasts 13.33% EPS growth.
Ratings analysis reveals 50% of Globus Medical’s analysts are positive. Out of 4 Wall Street analysts rating Globus Medical, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. GMED was included in 4 notes of analysts from November 9, 2016. Leerink Swann upgraded Globus Medical, Inc. (NYSE:GMED) on Wednesday, April 12 to “Outperform” rating. The rating was downgraded by Oppenheimer on Wednesday, November 9 to “Perform”. The firm has “Buy” rating by Aegis Capital given on Wednesday, November 30. The rating was downgraded by JMP Securities to “Mkt Perform” on Wednesday, November 9.
The stock increased 5.04% or $2.07 during the last trading session, reaching $43.17. About 797,654 shares traded or 9.90% up from the average. Globus Medical, Inc. (GMED) has risen 30.88% since January 3, 2017 and is uptrending. It has outperformed by 14.18% the S&P500.
Rk Asset Management Llc holds 2.74% of its portfolio in Globus Medical, Inc. for 105,811 shares. Senzar Asset Management Llc owns 329,400 shares or 2.39% of their US portfolio. Moreover, Sio Capital Management Llc has 2.27% invested in the company for 147,364 shares. The Pennsylvania-based Godshalk Welsh Capital Management Inc. has invested 1.98% in the stock. Van Berkom & Associates Inc., a Quebec – Canada-based fund reported 1.84 million shares.
Investors sentiment increased to 1.72 in Q3 2017. Its up 0.39, from 1.33 in 2017Q2. It improved, as 6 investors sold Bridge Bancorp, Inc. shares while 19 reduced holdings. 11 funds opened positions while 32 raised stakes. 11.19 million shares or 2.09% more from 10.96 million shares in 2017Q2 were reported. New York State Common Retirement Fund holds 22,400 shares or 0% of its portfolio. Royal Savings Bank Of Canada reported 0% of its portfolio in Bridge Bancorp, Inc. (NASDAQ:BDGE). Saybrook Nc has 0.79% invested in Bridge Bancorp, Inc. (NASDAQ:BDGE) for 47,577 shares. Nationwide Fund reported 22,045 shares stake. Renaissance Techs Lc reported 235,700 shares or 0.01% of all its holdings. Wellington Management Grp Limited Liability Partnership reported 189,170 shares. 6,000 are owned by Douglass Winthrop Limited Liability Corporation. Moreover, California Pub Employees Retirement Sys has 0% invested in Bridge Bancorp, Inc. (NASDAQ:BDGE) for 18,204 shares. Raymond James And Assocs stated it has 85,181 shares. New York-based Sg Americas Secs Limited Com has invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Moreover, Deutsche Bancorp Ag has 0% invested in Bridge Bancorp, Inc. (NASDAQ:BDGE) for 71,401 shares. Emerald Mutual Fund Advisers Trust has 0.32% invested in Bridge Bancorp, Inc. (NASDAQ:BDGE). Btim Corporation invested in 0.1% or 180,577 shares. Tokio Marine Asset reported 64,825 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 0% or 893 shares.
Among 4 analysts covering Bridge Bancorp (NASDAQ:BDGE), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Bridge Bancorp had 6 analyst reports since April 15, 2016 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, December 22. Wood initiated it with “Market Perform” rating and $33 target in Friday, April 15 report. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, August 8 report. The firm earned “Market Perform” rating on Friday, January 6 by Hovde Group. The stock of Bridge Bancorp, Inc. (NASDAQ:BDGE) has “Market Perform” rating given on Friday, April 29 by FIG Partners. The company was maintained on Thursday, August 25 by Keefe Bruyette & Woods.
Analysts await Bridge Bancorp, Inc. (NASDAQ:BDGE) to report earnings on January, 26. They expect $0.50 earnings per share, 0.00% or $0.00 from last year’s $0.5 per share. BDGE’s profit will be $9.86M for 17.70 P/E if the $0.50 EPS becomes a reality. After $0.48 actual earnings per share reported by Bridge Bancorp, Inc. for the previous quarter, Wall Street now forecasts 4.17% EPS growth.