Globant SA Company Profile (NYSE:GLOB)

About Globant SA (NYSE:GLOB)

Globant SA logoGlobant S.A. is a digitally native technology services company. The Company's principal operating subsidiary is based in Buenos Aires, Argentina. During the year ended December 31, 2015, 83.7% of its revenues were generated by clients in North America, 11.0% in Latin America and Asia, and 5.3% in Europe. It builds digital journeys, which consists of different software products, including mobile apps, Web apps, sensors and other software and hardware appliances that work orchestrated by a backend that uses big data and fast data to create a understanding of each consumer and how to act upon each scenario. The Company delivers digital journeys with a comprehensive approach that includes Stay Relevant, which helps its customers stay fit for the future of their industries; Discover, which think and conceive specific digital journeys for each customer; Build, which creates each digital journey leveraging the work of its Studios, its services over platforms and its agile pods methodologies.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Information Technology Services
  • Sub-Industry: N/A
  • Symbol: NYSE:GLOB
  • CUSIP: N/A
  • Web: www.globant.com
Capitalization:
  • Market Cap: $1.28 billion
  • Outstanding Shares: 34,700,000
Average Prices:
  • 50 Day Moving Avg: $36.15
  • 200 Day Moving Avg: $35.59
  • 52 Week Range: $30.90 - $47.19
P/E:
  • Trailing P/E Ratio: 35.92
  • Foreward P/E Ratio: 22.42
  • P/E Growth: 1.38
Sales & Book Value:
  • Annual Revenue: $338.27 million
  • Price / Sales: 3.80
  • Book Value: $6.36 per share
  • Price / Book: 5.82
Profitability:
  • EBIDTA: $56.56 million
  • Net Margins: 11.32%
  • Return on Equity: 19.58%
  • Return on Assets: 14.30%
Debt:
  • Current Ratio: 2.54%
  • Quick Ratio: 2.54%
Misc:
  • Average Volume: 192,273 shs.
  • Beta: 0.82
  • Short Ratio: 11.71
 

Frequently Asked Questions for Globant SA (NYSE:GLOB)

What is Globant SA's stock symbol?

Globant SA trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLOB."

How were Globant SA's earnings last quarter?

Globant SA (NYSE:GLOB) released its earnings results on Thursday, May, 18th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.25. The firm earned $88.74 million during the quarter, compared to analyst estimates of $87.63 million. Globant SA had a return on equity of 19.58% and a net margin of 11.32%. Globant SA's revenue was up 21.0% compared to the same quarter last year. During the same period last year, the business posted $0.24 earnings per share. View Globant SA's Earnings History.

What guidance has Globant SA issued on next quarter's earnings?

Globant SA issued an update on its FY17 earnings guidance on Thursday, May, 18th. The company provided earnings per share guidance of $1.22-1.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.35. The company issued revenue guidance of $386-394 million, compared to the consensus revenue estimate of $390.25 million.Globant SA also updated its Q2 guidance to $0.26-0.28 EPS.

Where is Globant SA's stock going? Where will Globant SA's stock price be in 2017?

6 equities research analysts have issued twelve-month price targets for Globant SA's shares. Their forecasts range from $36.00 to $48.50. On average, they anticipate Globant SA's share price to reach $42.42 in the next twelve months. View Analyst Ratings for Globant SA.

What are analysts saying about Globant SA stock?

Here are some recent quotes from research analysts about Globant SA stock:

  • 1. Cantor Fitzgerald analysts commented, "Foresi’s Take. The growth outlook remains positive, as quarterly top-line results were above expectations again and management raised 2017 revenue guidance. EPS was in line with Street expectations, but 2017 EPS guidance was lowered due to further currency pressure on margins as inflation in delivery center locations remains high, driving wage expenses higher." (5/19/2017)
  • 2. According to Zacks Investment Research, "Globant S.A. is a technology services provider. The Company provides engineering, design, and innovation services for clients. Globant offers content management systems; and e-commerce applications. It is also involved in the provision of data management solutions; and quality assurance engagement strategy, mobile testing, test automation, load and performance testing, and game testing services. It provides various software solutions primarily in North America, Europe, Latin America, and internationally. Globant S.A. is based in Luxembourg. " (1/17/2017)

Who are some of Globant SA's key competitors?

Who owns Globant SA stock?

Globant SA's stock is owned by a number of of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (6.55%), Morgan Stanley (6.43%), OppenheimerFunds Inc. (3.70%), Massachusetts Financial Services Co. MA (2.55%), Wellington Management Group LLP (1.52%) and Grandeur Peak Global Advisors LLC (1.48%). View Institutional Ownership Trends for Globant SA.

Who sold Globant SA stock? Who is selling Globant SA stock?

Globant SA's stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Ameriprise Financial Inc., Massachusetts Financial Services Co. MA, Prudential Financial Inc., Citadel Advisors LLC, Renaissance Technologies LLC, Nationwide Fund Advisors and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Globant SA.

Who bought Globant SA stock? Who is buying Globant SA stock?

Globant SA's stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Sloane Robinson LLP, Wellington Management Group LLP, Grandeur Peak Global Advisors LLC, Mackenzie Financial Corp, Gluskin Sheff & Assoc Inc., FMR LLC and Pier Capital LLC. View Insider Buying and Selling for Globant SA.

How do I buy Globant SA stock?

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

How much does a share of Globant SA stock cost?

One share of Globant SA stock can currently be purchased for approximately $37.00.

Analyst Ratings

Consensus Ratings for Globant SA (NYSE:GLOB) (?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $42.42 (14.64% upside)

Analysts' Ratings History for Globant SA (NYSE:GLOB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/19/2017Cantor FitzgeraldReiterated RatingHold$36.00HighView Rating Details
1/12/2017Pacific CrestUpgradeSector Weight -> Overweight$38.00N/AView Rating Details
11/16/2016Jefferies Group LLCLower Price TargetHold$40.00 -> $39.00N/AView Rating Details
9/8/2016WedbushInitiated CoverageOutperform$48.00N/AView Rating Details
8/11/2016JPMorgan Chase & Co.Boost Price TargetOverweight$43.00 -> $45.00N/AView Rating Details
8/11/2016Citigroup IncBoost Price TargetBuy$41.00 -> $48.50N/AView Rating Details
2/8/2016BWS FinancialInitiated CoverageSell$16.00N/AView Rating Details
12/21/2015SunTrust Banks, Inc.Initiated CoverageBuy$42.00N/AView Rating Details
12/17/2015Sterne Agee CRTInitiated CoverageBuy$42.00N/AView Rating Details
11/24/2015William BlairReiterated RatingOutperformN/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Globant SA (NYSE:GLOB)
Earnings by Quarter for Globant SA (NYSE:GLOB)
Earnings History by Quarter for Globant SA (NYSE:GLOB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/18/20173/31/2017$0.25$0.25$87.63 million$88.74 millionViewN/AView Earnings Details
2/16/2017Q416$0.31$0.29$85.95 million$87.30 millionViewN/AView Earnings Details
11/14/2016Q316$0.29$0.27$81.95 million$82.40 millionViewN/AView Earnings Details
8/10/2016Q216$0.28$0.29$76.81 million$79.90 millionViewListenView Earnings Details
5/9/2016Q116$0.23$0.24$69.83 million$73.30 millionViewN/AView Earnings Details
2/17/2016Q415$0.24$0.26$68.71 million$71.60 millionViewListenView Earnings Details
11/5/2015Q315$0.23$0.26$64.67 million$67.12 millionViewN/AView Earnings Details
8/13/2015Q215$0.22$0.25$59.35 million$60.60 millionViewListenView Earnings Details
5/14/2015Q115$0.16$0.22$52.22 million$54.50 millionViewListenView Earnings Details
2/11/2015Q414$0.19$0.24$53.80 million$55.10 millionViewN/AView Earnings Details
11/10/2014Q314$0.19$0.23$49.70 million$52.00 millionViewN/AView Earnings Details
8/14/2014Q214$0.18$0.20$37.40 million$49.40 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Globant SA (NYSE:GLOB)
Current Year EPS Consensus Estimate: $1.35 EPS
Next Year EPS Consensus Estimate: $1.65 EPS

Dividends

Dividend History for Globant SA (NYSE:GLOB)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Globant SA (NYSE:GLOB)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Globant SA (NYSE:GLOB)
Latest Headlines for Globant SA (NYSE:GLOB)
Source:
DateHeadline
finance.yahoo.com logoGlobant Scores Multiple Awards for StarmeUp, Rooster Teeth & SCCA Apps
finance.yahoo.com - May 23 at 5:04 PM
americanbankingnews.com logoGlobant SA (GLOB) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 19 at 7:30 PM
americanbankingnews.com logoGlobant SA (GLOB) Releases Quarterly Earnings Results, Hits Estimates
www.americanbankingnews.com - May 19 at 9:23 AM
americanbankingnews.com logoGlobant SA (GLOB) Receives Hold Rating from Cantor Fitzgerald
www.americanbankingnews.com - May 19 at 8:26 AM
finance.yahoo.com logoGlobant Reports 2017 First Quarter Financial Results
finance.yahoo.com - May 19 at 8:02 AM
finance.yahoo.com logoGlobant meets 1Q profit forecasts
finance.yahoo.com - May 19 at 8:02 AM
americanbankingnews.com logoGlobant SA (GLOB) Issues FY17 Earnings Guidance
www.americanbankingnews.com - May 18 at 5:28 PM
americanbankingnews.com logoGlobant SA (GLOB) Releases Q2 Earnings Guidance
www.americanbankingnews.com - May 18 at 5:28 PM
nasdaq.com logoGlobant Breaks Above 200-Day Moving Average - Bullish for GLOB
www.nasdaq.com - May 16 at 5:22 PM
americanbankingnews.com logoGlobant SA (GLOB) Receiving Somewhat Favorable Media Coverage, Study Shows
www.americanbankingnews.com - May 4 at 5:12 PM
finance.yahoo.com logoGlobant to Announce First Quarter 2017 Financial Results on May 18th
finance.yahoo.com - May 3 at 7:50 PM
americanbankingnews.com logoGlobant SA (GLOB) Expected to Announce Quarterly Sales of $87.74 Million
www.americanbankingnews.com - May 3 at 12:33 PM
americanbankingnews.com logoZacks: Analysts Anticipate Globant SA (GLOB) Will Announce Earnings of $0.25 Per Share
www.americanbankingnews.com - May 2 at 12:06 AM
americanbankingnews.com logoSomewhat Critical Media Coverage Extremely Unlikely to Impact Globant SA (GLOB) Share Price
www.americanbankingnews.com - April 30 at 3:04 PM
finance.yahoo.com logoGlobant SA – Value Analysis (NYSE:GLOB) : April 28, 2017
finance.yahoo.com - April 28 at 6:30 PM
americanbankingnews.com logoGlobant SA (GLOB) Earning Positive News Coverage, Report Finds
www.americanbankingnews.com - April 28 at 12:06 AM
finance.yahoo.com logoGlobant SA breached its 50 day moving average in a Bullish Manner : GLOB-US : April 27, 2017
finance.yahoo.com - April 27 at 6:03 PM
americanbankingnews.com logoGlobant SA (GLOB) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 24 at 9:44 PM
americanbankingnews.com logoGlobant SA (GLOB) Given Media Sentiment Score of 0.56
www.americanbankingnews.com - April 24 at 12:55 PM
americanbankingnews.com logoGlobant SA (GLOB) Given Daily News Sentiment Score of 0.01
www.americanbankingnews.com - April 21 at 3:55 PM
americanbankingnews.com logoGlobant SA (GLOB) Expected to Announce Earnings of $0.25 Per Share
www.americanbankingnews.com - April 10 at 8:28 PM
prnewswire.com logoGlobant Files 2016 Annual Report and Announces Shareholders ... - PR Newswire (press release)
www.prnewswire.com - April 8 at 9:29 AM
finance.yahoo.com logoGlobant Files 2016 Annual Report and Announces Shareholders' General Meetings
finance.yahoo.com - April 7 at 5:23 PM
finance.yahoo.com logoGlobant SA breached its 50 day moving average in a Bearish Manner : GLOB-US : April 6, 2017
finance.yahoo.com - April 7 at 10:03 AM
bloomberg.com logoVenezuelan TV Giant Cisneros Said to Go Shopping in Argentina
www.bloomberg.com - April 1 at 12:58 PM
americanbankingnews.com logoGlobant SA (GLOB) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - March 29 at 12:55 PM
americanbankingnews.com logoGlobant SA (GLOB) Lifted to B- at TheStreet
www.americanbankingnews.com - March 21 at 1:52 PM
us.rd.yahoo.com logoGlobant Acquires Ratio, Delivers on US Footprint Growth Strategy
us.rd.yahoo.com - March 1 at 10:08 PM
finance.yahoo.com logoGlobant Recognized as a Leader in Digital Customer Experience by IDC MarketScape
finance.yahoo.com - February 22 at 12:22 PM
streetinsider.com logoGlobant SA (GLOB) PT Lowered to $36 at Cantor Fitzgerald Following 4Q Results - StreetInsider.com
www.streetinsider.com - February 17 at 4:01 PM
seekingalpha.com logoGlobant's (GLOB) CEO Martin Migoya on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 17 at 8:52 AM
finance.yahoo.com logoEdited Transcript of GLOB earnings conference call or presentation 16-Feb-17 9:30pm GMT
finance.yahoo.com - February 17 at 8:52 AM
us.rd.yahoo.com logo4:22 pm Globant reports EPS in-line, beats on revs; guides Q1 EPS below consensus, revs below consensus; guides FY17 EPS below consensus, revs in-line
us.rd.yahoo.com - February 16 at 10:23 PM
finance.yahoo.com logoGlobant to Launch Immersive Technology Playground in San Francisco on February 15
finance.yahoo.com - February 16 at 5:22 PM
biz.yahoo.com logoQ4 2016 Globant SA Earnings Release - After Market Close
biz.yahoo.com - February 16 at 5:22 PM
finance.yahoo.com logoGlobant Reports 2016 Full Year and Fourth Quarter Financial Results
finance.yahoo.com - February 16 at 5:22 PM
thestreet.com logo5 Stocks That Short Sellers Need to Fear
www.thestreet.com - February 14 at 6:37 PM
finance.yahoo.com logoGlobant to Announce Fourth Quarter 2016 Financial Results on February 16th
finance.yahoo.com - January 30 at 6:07 PM
streetinsider.com logoUPDATE: Pacific Crest Upgrades Globant S.A. (GLOB) to Overweight - StreetInsider.com
www.streetinsider.com - January 14 at 5:28 PM
finance.yahoo.com logoGlobant upgraded by Pacific Crest
finance.yahoo.com - January 12 at 5:51 PM
finance.yahoo.com logoGlobant's StarmeUp Recognized as Top 'Mobile App for Business' in W3 Awards, Signs Largest International Client To-Date with over 180k users
finance.yahoo.com - January 11 at 6:02 PM
nasdaq.com logoGlobant Enters Oversold Territory (GLOB)
www.nasdaq.com - December 22 at 5:43 PM

Social

Chart

Globant SA (GLOB) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff