Globant S.A. Company Profile (NYSE:GLOB)

About Globant S.A.

Globant S.A. 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
  • Exchange: NYSE
  • Symbol: GLOB
  • CUSIP:
Key Metrics:
  • Previous Close: $37.15
  • 50 Day Moving Average: $34.14
  • 200 Day Moving Average: $38.17
  • 52-Week Range: $26.10 - $47.19
  • Trailing P/E Ratio: 35.72
  • Foreward P/E Ratio: 21.98
  • P/E Growth: 1.37
  • Market Cap: $1.29B
  • Outstanding Shares: 34,599,000
  • Beta: 0.82
Profitability:
  • Net Margins: 11.32%
  • Return on Equity: 19.58%
  • Return on Assets: 14.30%
Debt:
  • Current Ratio: 2.54%
  • Quick Ratio: 2.54%
Additional Links:
Companies Related to Globant S.A.:

Analyst Ratings

Consensus Ratings for Globant S.A. (NYSE:GLOB) (?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $42.42 (14.18% upside)

Analysts' Ratings History for Globant S.A. (NYSE:GLOB)
Show:
DateFirmActionRatingPrice TargetDetails
2/17/2017Cantor FitzgeraldLower Price TargetNeutral$43.00 -> $36.00View Rating Details
1/12/2017Pacific CrestUpgradeSector Weight -> Overweight$38.00View Rating Details
11/16/2016Jefferies Group LLCLower Price TargetHold$40.00 -> $39.00View Rating Details
9/8/2016WedbushInitiated CoverageOutperform$48.00View Rating Details
8/11/2016J P Morgan Chase & CoBoost Price TargetOverweight$43.00 -> $45.00View Rating Details
8/11/2016Citigroup Inc.Boost Price TargetBuy$41.00 -> $48.50View Rating Details
2/8/2016BWS FinancialInitiated CoverageSell$16.00View Rating Details
12/21/2015SunTrust Banks, Inc.Initiated CoverageBuy$42.00View Rating Details
12/17/2015Sterne Agee CRTInitiated CoverageBuy$42.00View Rating Details
11/24/2015William BlairReiterated RatingOutperformView Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Globant S.A. (NYSE:GLOB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
11/14/2016Q316$0.31$0.30$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$0.25$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 S.A. (NYSE:GLOB)
Current Year EPS Consensus Estimate: $1.35 EPS
Next Year EPS Consensus Estimate: $1.69 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.25$0.25$0.25
Q2 20161$0.26$0.26$0.26
Q3 20161$0.27$0.27$0.27
Q4 20161$0.30$0.30$0.30
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

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

Headlines

Latest Headlines for Globant S.A. (NYSE:GLOB)
DateHeadline
News IconTarget Price Review & Stock Update on Globant S.A. (NYSE:GLOB ... - Rockville Register (NYSE:GLOB)
rockvilleregister.com - February 25 at 5:16 PM
News IconChecking Indicator Levels for Globant SA (GLOB) - BVN (NYSE:GLOB)
bvnewsjournal.com - February 25 at 5:16 PM
News IconCompany in Focus: Globant SA (GLOB) - Baldwin Journal (NYSE:GLOB)
baldwinjournal.com - February 23 at 10:30 PM
News IconPrice Target Updates on PBF Logistics LP (NYSE:PBFX) Globant SA (NYSE:GLOB) - Davidson Register (NYSE:GLOB)
davidsonregister.com - February 22 at 10:40 PM
capitalcube.com logoGlobant SA :GLOB-US: Earnings Analysis: Q4, 2016 By the Numbers : February 22, 2017 (NYSE:GLOB)
www.capitalcube.com - February 22 at 12:22 PM
finance.yahoo.com logoGlobant Recognized as a Leader in Digital Customer Experience by IDC MarketScape (NYSE:GLOB)
finance.yahoo.com - February 22 at 12:22 PM
marketexclusive.com logoAnalyst Activity – Cantor Fitzgerald Lowers Its Price Target On Globant S.A. (NYSE:GLOB) to (NYSE:GLOB)
marketexclusive.com - February 18 at 12:25 PM
streetinsider.com logoGlobant SA (GLOB) PT Lowered to $36 at Cantor Fitzgerald Following 4Q Results - StreetInsider.com (NYSE:GLOB)
www.streetinsider.com - February 17 at 4:01 PM
seekingalpha.com logoGlobant's (GLOB) CEO Martin Migoya on Q4 2016 Results - Earnings Call Transcript (NYSE:GLOB)
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 (NYSE:GLOB)
finance.yahoo.com - February 17 at 8:52 AM
News IconIs Globant SA’s (GLOB) stock available for good price when we account for its growth? (NYSE:GLOB)
simplywall.st - February 16 at 10:23 PM
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 (NYSE:GLOB)
us.rd.yahoo.com - February 16 at 10:23 PM
sg.finance.yahoo.com logoGlobant meets 4Q profit forecasts (NYSE:GLOB)
sg.finance.yahoo.com - February 16 at 10:23 PM
finance.yahoo.com logoGlobant to Launch Immersive Technology Playground in San Francisco on February 15 (NYSE:GLOB)
finance.yahoo.com - February 16 at 5:22 PM
biz.yahoo.com logoQ4 2016 Globant SA Earnings Release - After Market Close (NYSE:GLOB)
biz.yahoo.com - February 16 at 5:22 PM
finance.yahoo.com logoGlobant Reports 2016 Full Year and Fourth Quarter Financial Results (NYSE:GLOB)
finance.yahoo.com - February 16 at 5:22 PM
thestreet.com logo5 Stocks That Short Sellers Need to Fear (NYSE:GLOB)
www.thestreet.com - February 14 at 6:37 PM
realistinvestor.com logoThe Growth Forecast For Globant SA (NYSE:GLOB) - RealistInvestor.com (NYSE:GLOB)
www.realistinvestor.com - February 9 at 4:06 AM
realistinvestor.com logoResearch Analysts Set Globant SA (NYSE:GLOB) Price Target at $39.125 - RealistInvestor.com (NYSE:GLOB)
www.realistinvestor.com - February 6 at 11:03 AM
News IconMachine learning platform helps IT workers find experts at their firm (NYSE:GLOB)
searchfinancialapplications.techtarget.com - February 1 at 6:10 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Globant S.A. (NYSE:GLOB)? - Wall Street Beacon (NYSE:GLOB)
wsbeacon.com - January 31 at 6:04 PM
finance.yahoo.com logoGlobant to Announce Fourth Quarter 2016 Financial Results on February 16th (NYSE:GLOB)
finance.yahoo.com - January 30 at 6:07 PM
News IconEthereum at a Crossroad as Corporate Interest Grows (NYSE:GLOB)
www.cryptocoinsnews.com - January 28 at 5:33 PM
News IconConsensus Estimates on Earnings & Stock Price in Focus for Globant S.A. (NYSE:GLOB) Shares - Aiken Advocate (NYSE:GLOB)
aikenadvocate.com - January 27 at 7:20 PM
News IconAre Analysts Predicting a Near-Term Upswing For Globant SA (NYSE:GLOB)? - Wall Street Beacon (NYSE:GLOB)
wsbeacon.com - January 27 at 7:20 PM
realistinvestor.com logoEPS Projection Of Globant SA (NYSE:GLOB) At $0.44 - RealistInvestor.com (NYSE:GLOB)
www.realistinvestor.com - January 26 at 6:55 PM
realistinvestor.com logoMean Rating Of Globant S.A. (NYSE:GLOB) At $1.89 - Realist Investor - RealistInvestor.com (NYSE:GLOB)
www.realistinvestor.com - January 25 at 9:46 PM
News IconEarnings in Full Force, Analysts Take Aim at Globant S.A. (NYSE:GLOB) - Wall Street Beacon (NYSE:GLOB)
wsbeacon.com - January 25 at 9:46 PM
capitalcube.com logoGlobant SA – Value Analysis (NYSE:GLOB) : January 24, 2017 (NYSE:GLOB)
www.capitalcube.com - January 24 at 6:08 PM
capitalcube.com logoGlobant SA breached its 50 day moving average in a Bearish Manner : GLOB-US : January 23, 2017 (NYSE:GLOB)
www.capitalcube.com - January 23 at 10:44 AM
News IconInside Track: Trading Focus on Shares of Globant S.A. (GLOB) - Rives Journal (NYSE:GLOB)
rivesjournal.com - January 22 at 5:20 PM
realistinvestor.com logoGlobant SA (NYSE:GLOB) Analysts Rating At 1.89 - RealistInvestor.com (NYSE:GLOB)
www.realistinvestor.com - January 19 at 7:11 PM
realistinvestor.com logoGlobant SA (NYSE:GLOB) Mean Rating At $1.89 - RealistInvestor.com (NYSE:GLOB)
www.realistinvestor.com - January 17 at 9:04 AM
News IconWill The Needle Move For Globant S.A. (NYSE:GLOB) Shares This Earnings Season? - Wall Street Beacon (NYSE:GLOB)
wsbeacon.com - January 17 at 9:04 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Globant S.A. (NYSE:GLOB) - Wall Street Beacon (NYSE:GLOB)
wsbeacon.com - January 14 at 5:28 PM
News IconMarkets End Mostly Higher, How Did This Stock Fare: Globant SA (NYSE:GLOB) - Wall Street Beacon (NYSE:GLOB)
wsbeacon.com - January 14 at 5:28 PM
streetinsider.com logoUPDATE: Pacific Crest Upgrades Globant S.A. (GLOB) to Overweight - StreetInsider.com (NYSE:GLOB)
www.streetinsider.com - January 14 at 5:28 PM
News IconFocus on RSI and CCI Levels: Globant S.A. (GLOB) - Wall Street Beacon (NYSE:GLOB)
wsbeacon.com - January 12 at 10:53 PM
finance.yahoo.com logoGlobant upgraded by Pacific Crest (NYSE:GLOB)
finance.yahoo.com - January 12 at 5:51 PM
realistinvestor.com logoGlobant SA (NYSE:GLOB) EPS Estimate At $0.44 - RealistInvestor.com (NYSE:GLOB)
www.realistinvestor.com - January 12 at 4:04 AM
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 (NYSE:GLOB)
finance.yahoo.com - January 11 at 6:02 PM
investornewswire.com logoGlobant S.A. (NYSE:GLOB) EPS Forecast At $0.3867 - Investor Newswire (NYSE:GLOB)
www.investornewswire.com - January 6 at 4:35 AM
realistinvestor.com logoThe Growth Predict For Globant SA (NYSE:GLOB) - RealistInvestor.com (NYSE:GLOB)
www.realistinvestor.com - January 4 at 11:30 PM
realistinvestor.com logoResearch Analysts Set Globant SA (NYSE:GLOB) Price Target at $40 - RealistInvestor.com (NYSE:GLOB)
www.realistinvestor.com - January 3 at 7:47 PM
capitalcube.com logoETFs with exposure to Globant SA : January 3, 2017 (NYSE:GLOB)
www.capitalcube.com - January 3 at 7:47 PM
realistinvestor.com logoResearch Analysts Set Globant S.A. (NYSE:GLOB) Price Target at $40 (NYSE:GLOB)
www.realistinvestor.com - January 2 at 5:28 PM
News IconThe Top Boston Tech Hires, Promotions (and Departures) in December (NYSE:GLOB)
bostinno.streetwise.co - December 30 at 5:50 PM
realistinvestor.com logoGlobant SA (NYSE:GLOB) EPS Estimaged At $0.3867 - RealistInvestor.com (NYSE:GLOB)
www.realistinvestor.com - December 28 at 10:26 PM
nasdaq.com logoGlobant Enters Oversold Territory (GLOB) (NYSE:GLOB)
www.nasdaq.com - December 22 at 5:43 PM
realistinvestor.com logoGlobant SA (NYSE:GLOB) Mean Rating At $2.11 - RealistInvestor.com (NYSE:GLOB)
www.realistinvestor.com - December 20 at 10:39 AM

Social

What is Globant S.A.'s stock symbol?

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

Where is Globant S.A.'s stock going? Where will Globant S.A.'s stock price be in 2017?

6 brokers have issued 12-month price targets for Globant S.A.'s shares. Their predictions range from $36.00 to $48.50. On average, they expect Globant S.A.'s share price to reach $42.42 in the next year.

When will Globant S.A. announce their earnings?

Globant S.A. is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

What are analysts saying about Globant S.A. stock?

Here are some recent quotes from research analysts about Globant S.A. stock:

  • Cantor Fitzgerald analysts commented, "We maintain our Neutral rating on Globant and lower our PT to $36 from $43. We continue look for a more favorable risk/reward. The company reported steady quarterly results and announced 2017 guidance with revenue projections in line with expectations. Margins were guided to be flat to slightly down in 2017, leading to EPS guidance below expectations. We like Globant's positioning at the heart of the digital movement and continue to seek an opportunity to become more constructive' The growth outlook remains positive, as quarterly top-line results were above expectations again and management announced 2017 guidance with revenue projections in line with street estimates. Disney regained its position as largest client back from Southwest. This relationship is likely to remain static in our view, with the top position continuing to stay in flux." (2/17/2017)
  • 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 owns Globant S.A. stock?

Globant S.A.'s stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (1.22%), Thornburg Investment Management Inc. (0.82%), Janus Capital Management LLC (0.62%), Russell Investments Group Ltd. (0.59%), Renaissance Technologies LLC (0.53%) and Aberdeen Asset Management PLC UK (0.49%).

Who sold Globant S.A. stock? Who is selling Globant S.A. stock?

Globant S.A.'s stock was sold by a variety of institutional investors in the last quarter, including Wall Street Associates, Ativo Capital Management LLC and Federated Investors Inc. PA.

Who bought Globant S.A. stock? Who is buying Globant S.A. stock?

Globant S.A.'s stock was purchased by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., Russell Investments Group Ltd., Renaissance Technologies LLC, Aberdeen Asset Management PLC UK, Janus Capital Management LLC, Newfoundland Capital Management, Dimensional Fund Advisors LP and State Street Corp.

How do I buy Globant S.A. stock?

Shares of Globant S.A. 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 S.A. stock cost?

One share of Globant S.A. stock can currently be purchased for approximately $37.15.

Globant S.A. (NYSE:GLOB) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Globant S.A. (NYSE:GLOB)

Earnings History Chart

Earnings by Quarter for Globant S.A. (NYSE:GLOB)

Dividend History Chart

Dividend Payments by Quarter for Globant S.A. (NYSE:GLOB)

Last Updated on 2/25/2017 by MarketBeat.com Staff