TerraForm Global Company Profile (NASDAQ:GLBL)

About TerraForm Global (NASDAQ:GLBL)

TerraForm Global logoTerraForm Global, Inc. is a holding company. The Company is a diversified renewable energy company that owns contracted solar and wind power plants. The Company operates through two segments: Solar Energy and Wind Energy. The segments include the Company's entire portfolio of power plants. The Company's portfolio consisted of solar and wind power plants located in Brazil, China, India, Malaysia, South Africa, Thailand and Uruguay with an aggregate net capacity of 916.4 megawatts (MW) as of October 31, 2016. The Company's solar and wind power plants include Salvador, Bahia, Dunhuang, Honiton, NSM 24, Focal, NSM Suryalabh, NSM Sitara, NSM L'Volta, Millenium, Brakes, Raj 5, ESP Urja, Azure, Hanumanhatti, Gadag, Bhakrani, Silverstar Pavilion, Fortune 11, Corporate Season, Boshof, Witkop, Soutpan and PP Solar.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Renewable Utilities
  • Sub-Industry: N/A
  • Symbol: NASDAQ:GLBL
  • CUSIP: N/A
  • Web: www.terraformglobal.com
Capitalization:
  • Market Cap: $564.76 million
  • Outstanding Shares: 112,952,000
Average Prices:
  • 50 Day Moving Avg: $4.99
  • 200 Day Moving Avg: $4.73
  • 52 Week Range: $3.25 - $5.10
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -13.89
  • P/E Growth: 0.31
Sales & Book Value:
  • Annual Revenue: $223.12 million
  • Price / Sales: 2.53
  • Book Value: $6.25 per share
  • Price / Book: 0.80
Profitability:
  • EBIDTA: $95.23 million
  • Net Margins: -22.46%
  • Return on Equity: -5.06%
  • Return on Assets: -2.38%
Debt:
  • Debt-to-Equity Ratio: 0.66%
  • Current Ratio: 1.89%
  • Quick Ratio: 1.89%
Misc:
  • Average Volume: 801,787 shs.
  • Beta: 0.67
  • Short Ratio: 0.58
 
Frequently Asked Questions for TerraForm Global (NASDAQ:GLBL)

What is TerraForm Global's stock symbol?

TerraForm Global trades on the NASDAQ under the ticker symbol "GLBL."

How were TerraForm Global's earnings last quarter?

TerraForm Global, Inc. (NASDAQ:GLBL) posted its quarterly earnings data on Tuesday, February, 21st. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.34) by $0.22. The company earned $55.06 million during the quarter. TerraForm Global had a negative return on equity of 5.06% and a negative net margin of 22.46%. View TerraForm Global's Earnings History.

Where is TerraForm Global's stock going? Where will TerraForm Global's stock price be in 2017?

3 brokers have issued twelve-month target prices for TerraForm Global's shares. Their predictions range from $5.00 to $9.00. On average, they anticipate TerraForm Global's share price to reach $7.00 in the next twelve months. View Analyst Ratings for TerraForm Global.

What are analysts saying about TerraForm Global stock?

Here are some recent quotes from research analysts about TerraForm Global stock:

  • 1. According to Zacks Investment Research, "TerraForm Global, Inc. is a diversified renewable energy company. It owns and operates clean energy projects consists of solar, wind and hydro-electric generation assets. The Company's project resides primarily in China, Brazil, India, South Africa, Honduras, Costa Rica, Nicaragua, Peru, Uruguay, Malaysia and Thailand. TerraForm Global, Inc. is headquartered in Bethesda, Maryland. " (7/6/2017)
  • 2. J P Morgan Chase & Co analysts commented, "GLBL issued an investor update presentation with 3Q operating metrics and guidance for FY16. Audited financials are still on the come. FY16 revenue and EBITDA guidance were slightly below our expectations, and net income was negatively impacted owing to a higher interest expense than we had expected. The 3Q cash balance was approximately in line with expectations. GLBL did not issue guidance for CAFD but maintains that it will be “substantially lower” than the forecast issued prior to the SUNE bankruptcy owing to factors such as loss of financial and operational support. Encouragingly, GLBL expects to become operationally independent from SUNE by January, with a standalone org structure, independent IT, and third-party asset management and O&M providers. GLBL is seeking consent from bondholders to extend a 12/2 deadline for the company to become current with its SEC filings. We are adjusting our model, factoring in a higher interest expense that weighs on our CAFD estimates. Our price target goes to $5, from $6." (11/30/2016)

Are investors shorting TerraForm Global?

TerraForm Global saw a drop in short interest in the month of June. As of June 15th, there was short interest totalling 662,877 shares, a drop of 28.8% from the May 31st total of 930,869 shares. Based on an average trading volume of 1,400,618 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.8% of the company's stock are sold short.

Who are some of TerraForm Global's key competitors?

Who are TerraForm Global's key executives?

TerraForm Global's management team includes the folowing people:

  • Peter Blackmore, Chairman of the Board, Chief Executive Officer
  • Rebecca J. Cranna, Chief Financial Officer, Executive Vice President
  • Thomas Studebaker, Chief Operating Officer
  • Yana Kravtsova, Senior Vice President, General Counsel, Secretary
  • David A. Rawden, Interim Chief Accounting Officer
  • Christopher A. Compton, Director
  • Hanif W. Dahya, Director
  • Alan B. Miller, Director
  • David Ringhofer, Director
  • Gregory William Scallen, Director

When did TerraForm Global IPO?

(GLBL) raised $1.1 billion in an initial public offering on Friday, July 31st 2015. The company issued 56,600,000 shares at a price of $19.00-$21.00 per share. J.P. Morgan, Barclays, Citigroup and Morgan Stanley acted as the underwriters for the IPO and Goldman Sachs, BofA Merrill Lynch, Deutsche Bank Securities, BTG Pactual, Ita� BBA, Kotak Investment Banking, SMBC Nikko and SOCIETE GENERALE were co-managers.

Who owns TerraForm Global stock?

TerraForm Global's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Mizuho Securities USA LLC (0.70%), Havens Advisors LLC (0.26%), Aperio Group LLC (0.04%), Bank of Montreal Can (0.03%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own TerraForm Global stock include Carlos Domenech and Mark D Lerdal. View Institutional Ownership Trends for TerraForm Global.

Who sold TerraForm Global stock? Who is selling TerraForm Global stock?

TerraForm Global's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Aperio Group LLC. View Insider Buying and Selling for TerraForm Global.

Who bought TerraForm Global stock? Who is buying TerraForm Global stock?

TerraForm Global's stock was bought by a variety of institutional investors in the last quarter, including Mizuho Securities USA LLC and Havens Advisors LLC. Company insiders that have bought TerraForm Global stock in the last two years include Carlos Domenech and Mark D Lerdal. View Insider Buying and Selling for TerraForm Global.

How do I buy TerraForm Global stock?

Shares of TerraForm Global can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is TerraForm Global's stock price today?

One share of TerraForm Global stock can currently be purchased for approximately $5.00.


MarketBeat Community Rating for TerraForm Global (NASDAQ GLBL)
Community Ranking:  1.5 out of 5 ( )
Outperform Votes:  63 (Vote Outperform)
Underperform Votes:  148 (Vote Underperform)
Total Votes:  211
MarketBeat's community ratings are surveys of what our community members think about TerraForm Global and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TerraForm Global (NASDAQ:GLBL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $7.00 (40.00% upside)

Analysts' Ratings History for TerraForm Global (NASDAQ:GLBL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/2/2017Avondale PartnersUpgradeMarket Perform -> OutperformN/AView Rating Details
1/13/2017J P Morgan Chase & CoReiterated RatingNeutralN/AView Rating Details
8/25/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$9.00N/AView Rating Details
3/31/2016Deutsche Bank AGReiterated RatingHoldN/AView Rating Details
1/22/2016Barclays PLCDowngradeOverweight -> Equal Weight$10.00 -> $4.00N/AView Rating Details
12/2/2015Oppenheimer Holdings, Inc.UpgradeBuyN/AView Rating Details
10/2/2015MacquarieLower Price TargetOutperform$17.00 -> $16.00N/AView Rating Details
9/8/2015Morgan StanleyInitiated CoverageEqual -> Equal Weight$15.00N/AView Rating Details
8/26/2015Citigroup Inc.Initiated CoverageBuy$15.00N/AView Rating Details
8/26/2015Bank of America CorporationInitiated CoverageNeutral$10.50N/AView Rating Details
(Data available from 7/25/2015 forward)

Earnings

Earnings History for TerraForm Global (NASDAQ:GLBL)
Earnings by Quarter for TerraForm Global (NASDAQ:GLBL)
Earnings History by Quarter for TerraForm Global (NASDAQ GLBL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/21/2017Q3 2016($0.34)($0.12)$55.06 millionViewN/AView Earnings Details
5/5/2011($0.02)($0.30)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TerraForm Global (NASDAQ:GLBL)
Current Year EPS Consensus Estimate: $-0.16 EPS
Next Year EPS Consensus Estimate: $-0.36 EPS

Dividends

Dividend History by Quarter for TerraForm Global (NASDAQ GLBL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/29/2016quarterly$0.2832.35%3/8/20163/10/20163/17/2016
11/10/2015quarterly$0.1711/27/201512/1/201512/15/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for TerraForm Global (NASDAQ:GLBL)
Insider Ownership Percentage: 0.53%
Institutional Ownership Percentage: 57.77%
Insider Trades by Quarter for TerraForm Global (NASDAQ:GLBL)
Institutional Ownership by Quarter for TerraForm Global (NASDAQ:GLBL)
Insider Trades by Quarter for TerraForm Global (NASDAQ:GLBL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/25/2015Carlos DomenechCEOBuy15,625$8.05$125,781.25View SEC Filing  
8/21/2015Mark D LerdalDirectorBuy10,000$9.42$94,200.00View SEC Filing  
8/14/2015Mark D LerdalDirectorBuy10,000$10.66$106,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for TerraForm Global (NASDAQ:GLBL)
Latest Headlines for TerraForm Global (NASDAQ:GLBL)
Source:
DateHeadline
finance.yahoo.com logoEarnings Review and Free Research Report: 8point3 Energy Partners’ Top-line Surged; Beat Expectations
finance.yahoo.com - July 12 at 1:16 AM
seekingalpha.com logoSunEdison's Confirmation Hearing Is On July 20 - The End To This Saga - Seeking Alpha
seekingalpha.com - July 11 at 5:05 AM
americanbankingnews.com logoTerraForm Global, Inc. (GLBL) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 10 at 11:14 AM
americanbankingnews.com logoTerraForm Global, Inc. (GLBL) Upgraded to "Buy" by BidaskClub
www.americanbankingnews.com - July 8 at 7:08 PM
americanbankingnews.com logoTerraForm Global, Inc. (GLBL) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - July 6 at 10:52 PM
fool.com logoTerraForm Global's Most Brilliant Move in 2017 So Far - Motley Fool
www.fool.com - July 2 at 10:48 PM
americanbankingnews.com logoFinancial Analysis: 8point3 Energy Partners (CAFD) and TerraForm Global (NASDAQ:GLBL)
www.americanbankingnews.com - July 1 at 8:36 PM
americanbankingnews.com logoHead-To-Head Comparison: TransAlta Corporation (TAC) & TerraForm Global (GLBL)
www.americanbankingnews.com - July 1 at 8:40 AM
americanbankingnews.com logoTerraForm Global, Inc. (GLBL) Sees Large Decrease in Short Interest
www.americanbankingnews.com - July 1 at 7:08 AM
finance.yahoo.com logoEdited Transcript of GLBL earnings conference call or presentation 30-Jun-17 1:00pm GMT
finance.yahoo.com - July 1 at 12:21 AM
finance.yahoo.com logoETFs with exposure to TerraForm Global, Inc. : June 30, 2017
finance.yahoo.com - June 30 at 7:20 PM
finance.yahoo.com logoTerraForm Global, Inc. :GLBL-US: Earnings Analysis: Q1, 2017 By the Numbers : June 29, 2017
finance.yahoo.com - June 29 at 10:56 PM
finance.yahoo.com logo[$$] Corrigan's Take: SunEdison Settlement Exempts Whistleblower Lawsuits
finance.yahoo.com - June 29 at 10:56 PM
streetinsider.com logoTerraForm Global (GLBL) Files 10-Q and Reports Q1 Results - StreetInsider.com
www.streetinsider.com - June 28 at 6:39 PM
streetinsider.com logoTerraForm Global (GLBL) Files 10-Q and Reports Q1 Results
www.streetinsider.com - June 27 at 10:41 PM
americanbankingnews.com logoTerraForm Global, Inc. (GLBL) Downgraded to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - June 21 at 12:23 AM
finance.yahoo.com logoEdited Transcript of GLBL earnings conference call or presentation 19-Jun-17 8:30pm GMT
finance.yahoo.com - June 20 at 11:15 PM
americanbankingnews.com logoReviewing Comp En De Mn Cemig ADS (CIG) and TerraForm Global (GLBL)
www.americanbankingnews.com - June 20 at 10:30 AM
rttnews.com logoEARNINGS SUMMARY: Details of TerraForm Global Inc Q4 Earnings Report
www.rttnews.com - June 15 at 7:38 PM
nasdaq.com logoTerraForm Global Q4 Loss Narrows, Revenues Rise - Quick Facts
www.nasdaq.com - June 15 at 7:38 PM
finance.yahoo.com logoTerraForm Global Reports 4Q 2016 and FY 2016 Financial Results and Files Form 10-K
finance.yahoo.com - June 15 at 7:38 PM
americanbankingnews.com logoTerraForm Global, Inc. (GLBL) Sees Significant Growth in Short Interest
www.americanbankingnews.com - June 13 at 7:08 AM
americanbankingnews.com logoCritical Contrast: TerraForm Global (GLBL) versus NextEra Energy (NEE)
www.americanbankingnews.com - June 10 at 10:52 PM
americanbankingnews.com logoTransAlta (TAC) and TerraForm Global (GLBL) Critical Contrast
www.americanbankingnews.com - June 9 at 7:38 AM
prnewswire.com logoInitiating Research Reports on Utilities Equities -- Eversource Energy, TerraForm Global, TerraForm Power, and ... - PR Newswire (press release)
www.prnewswire.com - June 8 at 9:37 AM
streetinsider.com logoTerraForm Global (GLBL) Reports Court Approval of Settlement of ... - StreetInsider.com
www.streetinsider.com - June 8 at 9:37 AM
nasdaq.com logoTerraForm Global Announces Court Approval of Settlement of Intercompany Claims with SunEdison - Nasdaq
www.nasdaq.com - June 6 at 10:53 PM
americanbankingnews.com logoTerraForm Global Inc (GLBL) Sees Large Decline in Short Interest
www.americanbankingnews.com - May 28 at 8:44 AM
streetinsider.com logoTerraForm Global (GLBL) Receives Nasdaq Listing Qualifications Letter - StreetInsider.com
www.streetinsider.com - May 17 at 10:30 PM
streetinsider.com logoTerraForm Global (GLBL) Receives Nasdaq Listing Qualifications Letter
www.streetinsider.com - May 17 at 10:28 AM
globenewswire.com logoTerraForm Global Announces Receipt of Nasdaq Letter Nasdaq:GLBL - GlobeNewswire (press release)
globenewswire.com - May 16 at 11:33 AM
finance.yahoo.com logoTerraForm Global, Inc. breached its 50 day moving average in a Bearish Manner : GLBL-US : May 15, 2017
finance.yahoo.com - May 15 at 11:19 AM
reuters.com logoCanada's Brookfield to take control of Brazil's Renova
www.reuters.com - May 12 at 11:08 PM
nasdaq.com logoCanada's Brookfield to take control of Brazil's Renova - Nasdaq
www.nasdaq.com - May 12 at 6:07 PM
seekingalpha.com logoTerraForm Global For The Long Run
seekingalpha.com - May 8 at 5:11 PM
americanbankingnews.com logoTerraForm Global (GLBL) Earning Somewhat Critical News Coverage, Analysis Shows
www.americanbankingnews.com - May 3 at 8:54 AM
americanbankingnews.com logoTerraForm Global Inc (GLBL) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 1 at 11:22 PM
americanbankingnews.com logoTerraForm Global (GLBL) Given Coverage Optimism Rating of 0.16
www.americanbankingnews.com - April 29 at 4:19 PM
americanbankingnews.com logoTerraForm Global (GLBL) Given Daily Media Sentiment Score of 0.44
www.americanbankingnews.com - April 26 at 4:28 PM
finance.yahoo.com logoTerraForm Global, Inc. – Value Analysis (NASDAQ:GLBL) : April 25, 2017
finance.yahoo.com - April 25 at 5:02 PM
finance.yahoo.com logoTerraForm Global, Inc. breached its 50 day moving average in a Bullish Manner : GLBL-US : April 24, 2017
finance.yahoo.com - April 24 at 5:12 PM
americanbankingnews.com logoTerraForm Global (GLBL) Given Daily Coverage Optimism Rating of 0.27
www.americanbankingnews.com - April 22 at 2:51 PM
finance.yahoo.com logoSunEdison Shareholder Group: SunEdison Equity Shareholders needed to help stop fire sale of assets and total loss of investments
finance.yahoo.com - April 21 at 11:23 AM
finance.yahoo.com logoLifshitz & Miller LLP Announces Investigation of Air Methods Corporation, Fortress Investment Group LLC, Galena Biopharma, Inc., Ionis Pharmaceuticals, Inc., LMI Aerospace, Inc., Lumos Networks Corp., Silver Bay Realty Trust Corp. and TerraForm Global, Inc.
finance.yahoo.com - April 7 at 10:01 AM
finance.yahoo.com logo[$$] SunEdison, Creditors Stake Their Ground Ahead of Looming Legal Battles
finance.yahoo.com - April 7 at 10:01 AM
finance.yahoo.com logo[$$] SunEdison Asks for $640 Million in New Financing
finance.yahoo.com - April 7 at 10:01 AM
americanbankingnews.com logoTerraForm Global Inc (GLBL) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - April 6 at 10:18 PM
americanbankingnews.com logoTerraForm Global Inc (GLBL) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - March 22 at 1:32 PM
streetinsider.com logoTerraForm Global (GLBL) Receives Extension to Regain Nasdaq Compliance
www.streetinsider.com - March 21 at 5:35 PM
us.rd.yahoo.com logoTerraForm Global Announces Extension Until June 30, 2017 to Regain Nasdaq Compliance
us.rd.yahoo.com - March 21 at 5:35 PM

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Chart

TerraForm Global (GLBL) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by MarketBeat.com Staff