Global Medical Reit Stock Buy Hold or Sell Recommendation

GMRE Stock  USD 8.60  0.30  3.61%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Global Medical REIT is 'Hold'. Macroaxis provides Global Medical buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GMRE positions. The advice algorithm takes into account all of Global Medical's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Global Medical's buy or sell advice are summarized below:
Real Value
9.08
Target Price
11.14
Hype Value
8.6
Market Value
8.6
Naive Value
8.39
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Global Medical REIT given historical horizon and risk tolerance towards Global Medical. When Macroaxis issues a 'buy' or 'sell' recommendation for Global Medical REIT, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Global Medical Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Global and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Global Medical REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Execute Global Medical Buy or Sell Advice

The Global recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Global Medical REIT. Macroaxis does not own or have any residual interests in Global Medical REIT or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Global Medical's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Global MedicalBuy Global Medical
Hold

Market Performance

Very WeakDetails

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

BuyDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Global Medical REIT has a Risk Adjusted Performance of (0.09), Jensen Alpha of (0.61), Total Risk Alpha of (0.76) and Treynor Ratio of (0.16)
We provide advice to complement the regular expert consensus on Global Medical. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Global Medical REIT is not overpriced, please check out all Global Medical fundamentals, including its total debt, target price, and the relationship between the ebitda and cash flow from operations . Given that Global Medical REIT has a price to book of 1.11 X, we strongly advise you to confirm Global Medical REIT market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Global Medical Trading Alerts and Improvement Suggestions

Global Medical REIT generated a negative expected return over the last 90 days
About 59.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: After Plunging -11.42 percent in 4 Weeks, Heres Why the Trend Might Reverse for Global Medical REIT

Global Medical Returns Distribution Density

The distribution of Global Medical's historical returns is an attempt to chart the uncertainty of Global Medical's future price movements. The chart of the probability distribution of Global Medical daily returns describes the distribution of returns around its average expected value. We use Global Medical REIT price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Global Medical returns is essential to provide solid investment advice for Global Medical.
Mean Return
-0.34
Value At Risk
-3.21
Potential Upside
2.35
Standard Deviation
1.84
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Global Medical historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Global Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Global Medical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Global Medical REIT backward and forwards among themselves. Global Medical's institutional investor refers to the entity that pools money to purchase Global Medical's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Stifel Financial Corp2023-12-31
840.4 K
Charles Schwab Investment Management Inc2023-12-31
793.2 K
Phocas Financial Corp2023-12-31
789.5 K
Bank Of New York Mellon Corp2023-12-31
693.2 K
Pacific Ridge Capital Partners, Llc2023-12-31
666 K
Morgan Stanley - Brokerage Accounts2023-12-31
611.8 K
Northern Trust Corp2023-12-31
580.5 K
Lsv Asset Management2023-12-31
485.2 K
Goldman Sachs Group Inc2023-12-31
423.6 K
Vanguard Group Inc2023-12-31
6.1 M
Blackrock Inc2023-12-31
5.2 M
Note, although Global Medical's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Global Medical Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash2.3M3.6M2.0M1.7M(14.9M)(14.1M)
Free Cash Flow(220.4M)(184.3M)(132.7M)(79.7M)58.4M61.3M
Capital Expenditures256.8M218.8M201.7M156.2M10.0M9.5M
Net Income9.6M(2.5M)18.3M20.0M20.6M21.6M
End Period Cash Flow7.2M10.8M12.8M14.5M7.4M8.4M
Investments(1.8M)(1.1M)(9.5M)(4.3M)69.3M72.8M
Net Borrowings69.7M187.1M(10.6M)120.0M138.0M85.3M
Depreciation25.5M36.8M47.3M57.7M58.1M61.0M
Other Non Cash Items1.8M1.6M2.2M(4.1M)113.3M118.9M
Dividends Paid35.0M45.8M58.3M64.2M(64.8M)(61.6M)
Change To Netincome3.7M5.4M5.7M(1.6M)(1.8M)(1.7M)
Change To Inventory79K584K(1.7M)200K180K189K
Change Receivables(2.1M)(1.6M)(657K)(3.0M)(2.7M)(2.5M)

Global Medical Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Global Medical or Diversified REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Global Medical's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Global stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.61
β
Beta against NYSE Composite2.14
σ
Overall volatility
1.87
Ir
Information ratio -0.26

Global Medical Volatility Alert

Global Medical REIT exhibits very low volatility with skewness of -0.61 and kurtosis of 1.08. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Global Medical's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Global Medical's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Global Medical Fundamentals Vs Peers

Comparing Global Medical's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Global Medical's direct or indirect competition across all of the common fundamentals between Global Medical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Global Medical or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Global Medical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Global Medical by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Global Medical to competition
FundamentalsGlobal MedicalPeer Average
Return On Equity0.0346-0.31
Return On Asset0.0178-0.14
Profit Margin0.15 %(1.27) %
Operating Margin0.25 %(5.51) %
Current Valuation1.26 B16.62 B
Shares Outstanding65.57 M571.82 M
Shares Owned By Insiders5.76 %10.09 %
Shares Owned By Institutions58.81 %39.21 %
Number Of Shares Shorted1.16 M4.71 M
Price To Earning39.78 X28.72 X
Price To Book1.11 X9.51 X
Price To Sales4.30 X11.42 X
Revenue156.65 M9.43 B
Gross Profit136.93 M27.38 B
EBITDA111.67 M3.9 B
Net Income20.61 M570.98 M
Cash And Equivalents22.46 M2.7 B
Cash Per Share0.34 X5.01 X
Total Debt624.19 M5.32 B
Debt To Equity1.02 %48.70 %
Current Ratio2.59 X2.16 X
Book Value Per Share7.76 X1.93 K
Cash Flow From Operations68.44 M971.22 M
Short Ratio3.16 X4.00 X
Earnings Per Share0.23 X3.12 X
Price To Earnings To Growth(26.28) X4.89 X
Target Price10.79
Number Of Employees2618.84 K
Beta1.15-0.15
Market Capitalization606.94 M19.03 B
Total Asset1.27 B29.47 B
Retained Earnings(238.98 M)9.33 B
Working Capital(604.99 M)1.48 B
Note: Acquisition by Roscoe Moore of 5000 shares of Global Medical subject to Rule 16b-3 [view details]

Global Medical Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Global . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Global Medical Buy or Sell Advice

When is the right time to buy or sell Global Medical REIT? Buying financial instruments such as Global Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Total Liabilities625.9M744.2M661.9M695.0M
Other Stockholder Equity711.4M722.0M722.4M758.5M

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In addition to having Global Medical in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Food Products
Food Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Food Products Theme or any other thematic opportunities.
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When determining whether Global Medical REIT is a strong investment it is important to analyze Global Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Medical's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out Global Medical Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Global Medical's price analysis, check to measure Global Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Medical is operating at the current time. Most of Global Medical's value examination focuses on studying past and present price action to predict the probability of Global Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Medical's price. Additionally, you may evaluate how the addition of Global Medical to your portfolios can decrease your overall portfolio volatility.
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Is Global Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Medical. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Dividend Share
0.21
Earnings Share
0.23
Revenue Per Share
2.152
Quarterly Revenue Growth
(0.09)
The market value of Global Medical REIT is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Medical's value that differs from its market value or its book value, called intrinsic value, which is Global Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Medical's market value can be influenced by many factors that don't directly affect Global Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.