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NYSE:GLOB

Globant (GLOB) Stock Price, News & Analysis

$195.29
+0.94 (+0.48%)
(As of 07/22/2024 ET)
Today's Range
$191.23
$195.47
50-Day Range
$152.98
$200.89
52-Week Range
$151.68
$251.50
Volume
348,189 shs
Average Volume
516,091 shs
Market Capitalization
$8.41 billion
P/E Ratio
51.26
Dividend Yield
N/A
Price Target
$216.72

Globant MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
11.0% Upside
$216.72 Price Target
Short Interest
Bearish
5.15% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.56
Upright™ Environmental Score
News Sentiment
1.39mentions of Globant in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.20%
From $5.00 to $5.86 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.

4.44 out of 5 stars

Computer And Technology Sector

96th out of 585 stocks

Data Processing & Preparation Industry

5th out of 52 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

Globant (NYSE:GLOB) PT Raised to $220.00
270x more lucrative than NVIDIA???
Is the AI boom losing steam? According to the Wall Street Journal, the pace of innovation in AI is slowing down... Its usefulness is limited... And the cost of running AI remains "exorbitant."
270x more lucrative than NVIDIA???
Is the AI boom losing steam? According to the Wall Street Journal, the pace of innovation in AI is slowing down... Its usefulness is limited... And the cost of running AI remains "exorbitant."
UBS Upgrades Globant (GLOB)
Piper Sandler Keeps Their Hold Rating on Accenture (ACN)
See More Headlines
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Company Calendar

Last Earnings
5/16/2024
Today
7/23/2024
Next Earnings (Estimated)
8/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$216.72
High Stock Price Target
$270.00
Low Stock Price Target
$135.00
Potential Upside/Downside
+11.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
19 Analysts

Profitability

Net Income
$158.54 million
Pretax Margin
9.49%

Debt

Sales & Book Value

Annual Sales
$2.19 billion
Cash Flow
$7.74 per share
Book Value
$41.32 per share

Miscellaneous

Free Float
41,936,000
Market Cap
$8.41 billion
Optionable
Optionable
Beta
1.41
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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

How have GLOB shares performed this year?

Globant's stock was trading at $237.98 at the start of the year. Since then, GLOB stock has decreased by 17.9% and is now trading at $195.29.
View the best growth stocks for 2024 here
.

How were Globant's earnings last quarter?

Globant S.A. (NYSE:GLOB) announced its quarterly earnings results on Thursday, May, 16th. The information technology services provider reported $1.19 EPS for the quarter, beating the consensus estimate of $1.18 by $0.01. The information technology services provider had revenue of $571.08 million for the quarter, compared to analysts' expectations of $570.72 million. Globant had a trailing twelve-month return on equity of 11.60% and a net margin of 7.62%.

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.

Who are Globant's major shareholders?

Globant's top institutional shareholders include Riverbridge Partners LLC (2.98%), Manning & Napier Advisors LLC (1.29%), Border to Coast Pensions Partnership Ltd (0.26%) and Raymond James & Associates (0.14%).

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.

What other stocks do shareholders of Globant own?

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

This page (NYSE:GLOB) was last updated on 7/23/2024 by MarketBeat.com Staff

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