GlobalData (LON:DATA) Sets New 52-Week Low - Here's Why

Key Points

• GlobalData Plc shares hit a new 52-week low at GBX 127.50, reflecting a decline of approximately 4.8% from its previous close.
• Analysts maintain a generally positive outlook on the stock, with three firms issuing a buy rating and target prices averaging GBX 227.50.
• Insider sales are notable, with over 20 million shares sold in the last 90 days, indicating potential concerns among company insiders.

Shares of GlobalData Plc (LON:DATA - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as GBX 127 ($1.71) and last traded at GBX 127.50 ($1.71), with a volume of 1318715 shares. The stock had previously closed at GBX 134.50 ($1.81).

Analysts Set New Price Targets

Several research firms have weighed in on DATA. Berenberg Bank reiterated a "buy" rating and set a GBX 260 target price on shares of GlobalData in a report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft reduced their target price on GlobalData from GBX 215 to GBX 195 and set a "buy" rating on the stock in a report on Tuesday, July 15th. Finally, Shore Capital reiterated a "buy" rating on shares of GlobalData in a report on Tuesday, July 15th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of GBX 227.50.

GlobalData Stock Down 4.8%

The firm has a market cap of £964.58 million, a P/E ratio of 6,400.00, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. 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 fifty day moving average of GBX 138.12 and a 200-day moving average of GBX 150.98.

GlobalData (LON:DATA - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported GBX 3 earnings per share (EPS) for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. On average, equities research analysts anticipate that GlobalData Plc will post 9.6687774 earnings per share for the current year.

Insiders Place Their Bets

In other GlobalData news, insider Graham Lilley sold 536,428 shares of the business's stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of GBX 143, for a total transaction of £767,092.04. Also, insider Peter Harkness sold 17,800 shares of the business's stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of GBX 150, for a total value of £26,700. Insiders have sold a total of 20,563,734 shares of company stock valued at $3,080,805,104 over the last 90 days. 63.66% of the stock is currently owned by insiders.

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.

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