GlobalData (LON:DATA) Posts Earnings Results

GlobalData (LON:DATA - Get Free Report) issued its earnings results on Monday. The company reported GBX 2.70 EPS for the quarter, Digital Look Earnings reports. GlobalData had a net margin of 10.28% and a return on equity of 9.94%.

GlobalData Trading Down 21.1%

DATA opened at GBX 56.15 on Monday. The company has a quick ratio of 0.61, a current ratio of 0.90 and a debt-to-equity ratio of 62.52. GlobalData has a 52 week low of GBX 52.61 and a 52 week high of GBX 153.50. The stock has a market cap of £367.46 million, a PE ratio of 12.76, a PEG ratio of 1.52 and a beta of 0.72. The business has a 50 day moving average of GBX 79.10 and a 200-day moving average of GBX 84.91.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. decreased their target price on GlobalData from GBX 135 to GBX 110 and set a "neutral" rating for the company in a report on Friday, July 17th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 173.75.

GlobalData declared that its Board of Directors has initiated a stock repurchase program on Tuesday, June 23rd that permits the company to repurchase 0 shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its shares are undervalued.

Insiders Place Their Bets

In other GlobalData news, insider Michael Danson sold 20,117,282 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of GBX 85, for a total value of £17,099,689.70. 67.14% of the stock is currently owned by insiders.

GlobalData Company Profile

GlobalData operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change. By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what's coming, move faster, and lead with confidence. Our solutions are used by over 5,000 organizations across the world's largest industries, delivering tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth. Strategic Priorities GlobalData's four strategic priorities are: Customer Obsession, World Class Product, Sales Excellence and Operational Agility.