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NYSE:GLOB

Globant (GLOB) Stock Price, News & Analysis

$179.52
-2.63 (-1.44%)
(As of 04:00 PM ET)
Today's Range
$179.48
$185.11
50-Day Range
$182.13
$242.91
52-Week Range
$135.40
$251.50
Volume
448,038 shs
Average Volume
454,903 shs
Market Capitalization
$7.74 billion
P/E Ratio
49.45
Dividend Yield
N/A
Price Target
$246.59

Globant MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
37.2% Upside
$246.59 Price Target
Short Interest
Healthy
2.21% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.55
Upright™ Environmental Score
News Sentiment
0.46mentions of Globant in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.63%
From $5.04 to $6.08 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.96 out of 5 stars

Computer And Technology Sector

5th out of 586 stocks

Data Processing & Preparation Industry

1st out of 57 stocks

GLOB stock logo

About Globant Stock (NYSE:GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions. Further, the company provides e-commerce, conversational interfaces, design, digital marketing, and digital product delivery services. Additionally, it operates Augoor, an AI-powered platform; MagnifAI, an AI-powered solution for software quality assurance; StarMeUp, a science-based AI platform; WaaSabi, a finance platform; Walmeric, a lead-to-revenue management platform; GeneXus, a suit of AI development tools; Navigate for process optimization powerhouse; BeHealthy, a white-label platform; and FluentLab, an AI conversational and engagement solution. The company offers its services to various industries, including media and entertainment, professional services, technology and telecommunications, travel and hospitality, banks, financial services and insurance, consumer, retail and manufacturing, health care, and others. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg, Luxembourg.

GLOB Stock Price History

GLOB Stock News Headlines

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Globant CEO Migoya on IT Disruptions
Globant Becomes Oversold (GLOB)
Globant: Industry Disruptor Growing Considerably
GLOB Apr 2024 200.000 call
GLOB Apr 2024 195.000 put
GLOB Apr 2024 160.000 put
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
4/18/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Fax
N/A
Employees
29,150
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$246.59
High Stock Price Target
$290.00
Low Stock Price Target
$202.00
Potential Upside/Downside
+35.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
17 Analysts

Profitability

Net Income
$158.54 million
Pretax Margin
9.45%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$7.58 per share
Book Value
$41.32 per share

Miscellaneous

Free Float
41,936,000
Market Cap
$7.87 billion
Optionable
Optionable
Beta
1.35
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Key Executives

  • Mr. Martin Migoya (Age 56)
    Co-founder, Chairman, CEO & President
  • Mr. Martín Gonzalo Umaran (Age 56)
    Co-Founder, Chief Corporate Development Officer, President for EMEA & Director
  • Mr. Guibert Andres Englebienne (Age 58)
    Co-Founder, President of Globant X, Globant Ventures & Latin America and Director
  • Mr. Nestor Augusto Nocetti
    Co-Founder & Executive VP of Corporate Affairs
  • Mr. Juan Ignacio Urthiague
    CFO & Investor Relations Officer
  • Ms. Patricia Pomies
    Chief Operating Officer
  • Ms. Yanina Maria Conti
    Chief Accounting Officer
  • Mr. Diego Tartara
    Chief Technology Officer
  • Mr. Sebastian Arriada
    Chief Information Officer
  • Mr. Patricio Pablo Rojo
    General Counsel

GLOB Stock Analysis - Frequently Asked Questions

Should I buy or sell Globant stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GLOB shares.
View GLOB analyst ratings
or view top-rated stocks.

What is Globant's stock price target for 2024?

17 Wall Street research analysts have issued 1 year price objectives for Globant's shares. Their GLOB share price targets range from $202.00 to $290.00. On average, they anticipate the company's share price to reach $246.59 in the next year. This suggests a possible upside of 37.2% from the stock's current price.
View analysts price targets for GLOB
or view top-rated stocks among Wall Street analysts.

How have GLOB shares performed in 2024?

Globant's stock was trading at $237.98 on January 1st, 2024. Since then, GLOB shares have decreased by 24.5% and is now trading at $179.68.
View the best growth stocks for 2024 here
.

Are investors shorting Globant?

Globant saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 953,300 shares, a drop of 10.1% from the March 15th total of 1,060,000 shares. Based on an average daily volume of 475,200 shares, the short-interest ratio is presently 2.0 days.
View Globant's Short Interest
.

When is Globant's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our GLOB earnings forecast
.

How were Globant's earnings last quarter?

Globant S.A. (NYSE:GLOB) posted its earnings results on Thursday, February, 15th. The information technology services provider reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.34 by $0.08. The information technology services provider had revenue of $580.71 million for the quarter, compared to the consensus estimate of $579.70 million. Globant had a trailing twelve-month return on equity of 11.38% and a net margin of 7.56%.

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

Globant updated its FY 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of 6.500- for the period, compared to the consensus estimate of 6.670. The company issued revenue guidance of $2.4 billion-, compared to the consensus revenue estimate of $2.5 billion.

What is Martin Migoya's approval rating as Globant's CEO?

1,122 employees have rated Globant Chief Executive Officer Martin Migoya on Glassdoor.com. Martin Migoya has an approval rating of 96% among the company's employees. This puts Martin Migoya in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Globant own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Globant investors own include General Electric (GE), NVIDIA (NVDA), Alibaba Group (BABA), Block (SQ), Alteryx (AYX), Baidu (BIDU), Salesforce (CRM), Invitae (NVTA), CRISPR Therapeutics (CRSP) and JD.com (JD).

Who are Globant's major shareholders?

Globant's stock is owned by a number of retail and institutional investors. Top institutional investors include Perpetual Ltd (2.53%), Matthews International Capital Management LLC (0.02%), Moody National Bank Trust Division (0.02%), Park Avenue Securities LLC (0.02%), NBC Securities Inc. (0.01%) and 17 Capital Partners LLC (0.01%).

How do I buy shares of Globant?

Shares of GLOB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GLOB) was last updated on 4/18/2024 by MarketBeat.com Staff

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