GlobalData (LON:DATA) Releases Quarterly Earnings Results

Key Points

• GlobalData reported earnings of GBX 3 ($0.04) per share for the quarter, with a net margin of 11.96% and a return on equity of 12.99%.
• The company's stock price increased by 1.5% to GBX 144.70 ($1.92), with a market capitalization of £1.17 billion.
• Several analysts have issued buy ratings, with Deutsche Bank and Berenberg Bank adjusting their price targets down to GBX 195 ($2.59) and GBX 260 ($3.46), respectively.

GlobalData (LON:DATA - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported GBX 3 ($0.04) EPS for the quarter, Digital Look Earnings reports. GlobalData had a return on equity of 12.99% and a net margin of 11.96%.

GlobalData Stock Performance

DATA stock traded down GBX 2 ($0.03) during trading on Friday, hitting GBX 136.50 ($1.84). The company had a trading volume of 1,708,638 shares, compared to its average volume of 2,141,073. The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.16. The firm has a 50-day moving average price of GBX 147.90 and a 200-day moving average price of GBX 162.72. GlobalData has a 1-year low of GBX 128 ($1.72) and a 1-year high of GBX 230 ($3.09). The firm has a market cap of £1.10 billion, a PE ratio of 32.62, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58.

Insider Transactions at GlobalData

In related news, insider Graham Lilley sold 536,428 shares of the company's stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of GBX 143 ($1.92), for a total value of £767,092.04 ($1,031,731.06). Insiders own 66.45% of the company's stock.

Analyst Upgrades and Downgrades

DATA has been the subject of a number of analyst reports. Shore Capital reissued a "buy" rating on shares of GlobalData in a research note on Tuesday, July 15th. Berenberg Bank reissued a "buy" rating and issued a GBX 260 ($3.50) target price on shares of GlobalData in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on GlobalData from GBX 215 ($2.89) to GBX 195 ($2.62) and set a "buy" rating on the stock in a research report on Tuesday, July 15th.

GlobalData Company Profile

GlobalData Plc is a leading data, insights, and analytics platform for the world's largest industries. Our mission is to help our clients decode the future, make better decisions, and reach more customers. One Platform Model GlobalData's One Platform model is the foundation of our business and is the result of years of continuous investment, targeted acquisitions, and organic development.