GRDN
Guardian Pharmacy Services, Inc.
GRDN has the edge over NVO overall, supported by stronger fundamentals and stronger modeled upside.
NVO
Novo Nordisk A/S
NVO trails on the overall score without a compensating advantage in the available component scores.
GRDN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
GRDN's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
NVO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Healthy |
NVO's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
GRDN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 34x | $49.38 | — |
| Current | 42x | $49.38 | — |
| Cheap | 44x | $51.74 | +4.8% |
| Fair | 48x | $56.09 | +14% |
| Expensive | 51x | $59.75 | +21% |
Historical ranges are pointers, not guarantees.
GRDN's PE is in its cheap range at 42x. If earnings grow as analysts expect, today's price would be 34x next year's earnings.
NVO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 10x | $40.65 | — |
| Cheap | 14x | $53.56 | +32% |
| Fair | 27x | $103 | +154% |
| Expensive | 39x | $152 | +273% |
Historical ranges are pointers, not guarantees.
NVO has the edge over GRDN in the historical PE scenario, which offers more potential upside but is not a forecast.
GRDN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
GRDN has the edge over NVO on the outlook, with more favorable earnings and profitability expectations.
NVO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Stable | |
| Growth | |
| Weakening | |
| Limited | |
| Low |
Analysts expect NVO's revenue to grow, but its profitability to weaken. However, they disagree widely on these estimates.
GRDN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.47 | +25% |
| Q3 2026 | $1.17 | +83% |
| Q2 2026 | $1.03 | +$2.54 |
| Q1 2026 | $0.83 | +$2.31 |
| Q4 2025 | $0.77 | +$2.54 |
| Q3 2025 | $0.64 | +$2.23 |
| Q2 2025 | -$1.51 | -786% |
| Q1 2025 | -$1.48 | -470% |
| Q4 2024 | -$1.77 | -411% |
GRDN earned $1.17 per share over the past year, up 83% from the year before.
NVO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $3.89 | +4.9% |
| Q1 2026 | $4.07 | +17% |
| Q4 2025 | $3.42 | +1.8% |
| Q3 2025 | $3.47 | +10% |
| Q2 2025 | $3.71 | +24% |
| Q1 2025 | $3.49 | +18% |
| Q4 2024 | $3.36 | +21% |
| Q3 2024 | $3.15 | +27% |
NVO has the edge over GRDN on earnings, with more consistent year-over-year improvement.
GRDN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $371.1M | -1.7% |
| Q2 2026 | $351.8M | +2.2% |
| Q1 2026 | $336.6M | +2.2% |
| Q4 2025 | $397.6M | +17% |
| Q3 2025 | $377.4M | +20% |
| Q2 2025 | $344.3M | +15% |
| Q1 2025 | $329.3M | +20% |
| Q4 2024 | $338.6M | +20% |
GRDN's revenue is growing: $371M last quarter, down 1.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.8% | +2.3 points |
| Q2 2026 | 5.9% | +2.2 points |
| Q1 2026 | 5.3% | +1.3 points |
| Q4 2025 | 9.2% | +4.2 points |
| Q3 2025 | 4.5% | +38 points |
| Q2 2025 | 3.6% | -2 points |
| Q1 2025 | 4% | +1.1 points |
| Q4 2024 | 5% | -0.6 points |
GRDN's operating margin was 6.8% last quarter, up 2.3 points from the same quarter a year ago.
NVO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $11.7B | +2.1% |
| Q1 2026 | $14.4B | +24% |
| Q4 2025 | $11.8B | -7.6% |
| Q3 2025 | $11.1B | +5.1% |
| Q2 2025 | $11.4B | +13% |
| Q1 2025 | $11.6B | +19% |
| Q4 2024 | $12.7B | +30% |
| Q3 2024 | $10.6B | +21% |
NVO has the edge over GRDN on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 34% | -9 points |
| Q1 2026 | 62% | +12 points |
| Q4 2025 | 40% | -2.8 points |
| Q3 2025 | 32% | -16 points |
| Q2 2025 | 44% | +5.4 points |
| Q1 2025 | 50% | +1 points |
| Q4 2024 | 43% | +2.2 points |
| Q3 2024 | 47% | +1.6 points |
NVO has the edge over GRDN on profitability, with a higher operating margin.
GRDN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $43.4M | +89% |
| Q2 2026 | $25.4M | +63% |
| Q1 2026 | $1M | -91% |
| Q4 2025 | $30.4M | +70% |
| Q3 2025 | $23M | +$30.3M |
| Q2 2025 | $15.6M | -40% |
| Q1 2025 | $11.7M | +137% |
| Q4 2024 | $17.8M | +51% |
GRDN has the edge over NVO on cash flow, with more consistent year-over-year improvement.
NVO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $6.3B | +73% |
| Q1 2026 | $1.8B | +20% |
| Q4 2025 | -$5.4B | -$4.7B |
| Q3 2025 | $4.6B | -2.1% |
| Q2 2025 | $3.6B | -34% |
| Q1 2025 | $1.5B | +89% |
| Q4 2024 | -$632.6M | +$390.5M |
| Q3 2024 | $4.7B | +3.3% |
NVO still generates free cash flow, though less than at its 2026 peak: $7.3B over the past year.
GRDN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +80K shares |
| 1 year | +0.8% | +484K shares |
| 3 years | +5% | +3.1M shares |
| 5 years | +5% | +3.1M shares |
| Available history | +5% | +3.1M shares |
GRDN has 64M diluted shares, up 0.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $30.3M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $29M |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NVO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -12.9M shares |
| 1 year | -0.2% | -11M shares |
| 3 years | -1.5% | -66.8M shares |
| 5 years | -3.8% | -177M shares |
| Available history | -6.5% | -311M shares |
NVO has the edge over GRDN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $520M |
| Q1 2026 | $356.7M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $206.3M |
| Q4 2024 | $1.1B |
| Q3 2024 | $357.4M |
NVO spent $877M buying back its own shares over the past year, down 48% from the year before.
GRDN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.9x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.3x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2024 | 1.4x | Healthy |
| Q1 2024 | -0.0x | Net Cash |
| Q4 2023 | 1.2x | Healthy |
GRDN has the edge over NVO on leverage, with a lower net debt burden relative to earnings.
NVO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.7x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
| Q3 2024 | -0.0x | Very low |
NVO's net debt is less than a year of its operating earnings (EBITDA).
GRDN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 67.4 | Neutral |
| Stochastic | 60.9 | Neutral |
GRDN's weekly RSI is 67 (neutral) and its Stochastic is 61 (neutral).
NVO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 27.0 | Neutral |
NVO's weekly RSI is 43 (neutral) and its Stochastic is 27 (neutral).
GRDN PE vs Healthcare Sector
| Metric | GRDN | Sector median | Relative |
|---|---|---|---|
| PE | 42x | 26x | 63% above |
| PE % | 8 | 59 | 51 pts below |
GRDN is trading at 42x earnings, a 63% premium to the Healthcare sector's median of 26x.
NVO PE vs Healthcare Sector
| Metric | NVO | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 26x | 60% below |
| PE % | 6 | 29 | 23 pts below |
NVO has the edge over GRDN on valuation relative to its sector.
GRDN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $42.0 | 17% above |
| 20 week MA | $41.3 | 20% above |
| 50 week MA | $37.5 | 32% above |
| 100 week MA | $30.3 | 63% above |
GRDN has stronger trend alignment. GRDN is above 4 of 4 weekly averages versus NVO above 1 of 5.
NVO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $39.2 | 3.7% above |
| 20 week MA | $43.9 | 7.4% below |
| 50 week MA | $45.3 | 10% below |
| 100 week MA | $56.3 | 28% below |
| 200 week MA | $80.7 | 50% below |
NVO has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 50% below its 200-week average.
GRDN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $17.8 | $21.2 | +19% |
| 2025 | $21.2 | $30.7 | +45% |
| 2026 YTD | $30.7 | $49.4 | +61% |
GRDN has the edge over NVO on returns for 2026, with the stronger performance.
NVO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $29.1 | $34.7 | +19% |
| 2021 | $34.7 | $54.2 | +56% |
| 2022 | $54.2 | $67.0 | +24% |
| 2023 | $67.0 | $103.5 | +54% |
| 2024 | $103.5 | $87.4 | -16% |
| 2025 | $87.4 | $52.4 | -40% |
| 2026 YTD | $52.4 | $40.7 | -22% |
NVO has finished higher in four of the last six years, two of them by more than 50%. It's down 22% so far in 2026.