Globant 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: IT Services & Consulting
- Sub-Industry: N/A
- Symbol: NYSE:GLOB
- CUSIP: N/A
- Web: www.globant.com
- Market Cap: $1.34191 billion
- Outstanding Shares: 34,926,000
- 50 Day Moving Avg: $40.42
- 200 Day Moving Avg: $39.45
- 52 Week Range: $30.90 - $47.51
Sales & Book Value:
- Trailing P/E Ratio: 46.25
- Foreward P/E Ratio: 26.81
- P/E Growth: 1.54
- Annual Revenue: $357.94 million
- Price / Sales: 3.74
- Book Value: $6.67 per share
- Price / Book: 5.75
- EBIDTA: $51.92 million
- Net Margins: 8.61%
- Return on Equity: 15.08%
- Return on Assets: 10.96%
- Current Ratio: 1.65%
- Quick Ratio: 1.65%
- Average Volume: 284,000 shs.
- Beta: 0.88
- Short Ratio: 13.91
Frequently Asked Questions for Globant S.A. (NYSE:GLOB)
What is Globant S.A.'s stock symbol?
Globant S.A. trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLOB."
How were Globant S.A.'s earnings last quarter?
Globant S.A. (NYSE:GLOB) issued its earnings results on Thursday, August, 17th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.26 by $0.16. The company earned $99.60 million during the quarter, compared to analysts' expectations of $95.79 million. Globant S.A. had a return on equity of 15.08% and a net margin of 8.61%. The company's revenue for the quarter was up 24.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.29 EPS. View Globant S.A.'s Earnings History.
When will Globant S.A. make its next earnings announcement?
What guidance has Globant S.A. issued on next quarter's earnings?
Globant S.A. issued an update on its FY17 earnings guidance on Thursday, August, 17th. The company provided earnings per share (EPS) guidance of $1.22-$1.30 for the period, compared to the Thomson Reuters consensus estimate of $1.27. The company issued revenue guidance of $397-$403, compared to the consensus revenue estimate of $391.13 million.Globant S.A. also updated its Q3 guidance to $0.32-$0.36 EPS.
Where is Globant S.A.'s stock going? Where will Globant S.A.'s stock price be in 2017?
5 brokerages have issued 12 month price targets for Globant S.A.'s shares. Their predictions range from $38.00 to $49.00. On average, they expect Globant S.A.'s share price to reach $43.20 in the next year. View Analyst Ratings for Globant S.A..
What are analysts saying about Globant S.A. stock?
Here are some recent quotes from research analysts about Globant S.A. stock:
- 1. Cantor Fitzgerald analysts commented, "Foresi’s Take. The company’s growth outlook remains positive, in our view, given that quarterly top-line results were above expectations again and management raised 2017 revenue guidance. EPS were just below Street expectations, and 2017 EPS guidance was maintained. Currency pressure on margins continues, as inflation in delivery-center locations remains high, driving wage expenses higher." (8/18/2017)
- 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 S.A.'s key competitors?
Some companies that are related to Globant S.A. include Verint Systems (VRNT), Sophos Group PLC (SOPH), Inovalon Holdings (INOV), Verifone Systems (PAY), Baozun (BZUN), Acxiom Corporation (ACXM), TeleTech Holdings (TTEC), ManTech International Corporation (MANT), Syntel (SYNT), AVEVA Group plc (AVV), Imperva (IMPV), Insight Enterprises (NSIT), Barracuda Networks (CUDA), Presidio (PSDO), CSG Systems International (CSGS), Evertec (EVTC), Web.com Group (WEB) and ePlus inc. (PLUS).
Who are Globant S.A.'s key executives?
Globant S.A.'s management team includes the folowing people:
- Martin Migoya, Chairman of the Board, Chief Executive Officer
- Alejandro Scannapieco, Chief Financial Officer
- Guillermo Marsicovetere, Chief Operating Officer
- Nestor Augusto Nocetti, Executive Vice President - Corporate Affairs
- Guibert Andres Englebienne, Chief Technology Officer(Global), Director
- Natalia Kanefsck, Chief Accounting Officer
- Gustavo Barreiro MBA, Chief Information Officer
- Patrici Pablo Rojo, General Counsel
- Wanda Weigert, Director - Communications and Marketing
- Martin Gonzalo Umaran, Chief of Staff, Director
Who owns Globant S.A. stock?
Globant S.A.'s stock is owned by a number of of retail and institutional investors. Top institutional investors include Capital World Investors (8.67%), JPMorgan Chase & Co. (7.44%), Wasatch Advisors Inc. (4.41%), Riverbridge Partners LLC (2.86%), Grandeur Peak Global Advisors LLC (1.50%) and Sloane Robinson LLP (1.38%). View Institutional Ownership Trends for Globant S.A..
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 State Street Corp, Northern Trust Corp, Vanguard Group Inc., Bank of New York Mellon Corp, Russell Investments Group Ltd., WCM Investment Management CA, Wells Fargo & Company MN and Baker Avenue Asset Management LP. View Insider Buying and Selling for Globant S.A..
Who bought Globant S.A. stock? Who is buying Globant S.A. stock?
Globant S.A.'s stock was acquired by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Koch Industries Inc., JPMorgan Chase & Co., Janus Henderson Group PLC, Sloane Robinson LLP, Wasatch Advisors Inc., Goldman Sachs Group Inc. and LMR Partners LLP. View Insider Buying and Selling for Globant S.A..
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.
What is Globant S.A.'s stock price today?
MarketBeat Community Rating for Globant S.A. (NYSE GLOB)MarketBeat's community ratings are surveys of what our community members think about Globant S.A. 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.
One share of Globant S.A. stock can currently be purchased for approximately $38.34.
Consensus Ratings for Globant S.A. (NYSE:GLOB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.40)|
|Consensus Price Target: ||$43.20 (12.68% upside)|
Analysts' Ratings History for Globant S.A. (NYSE:GLOB)
(Data available from 9/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/18/2017||Cantor Fitzgerald||Reiterated Rating||Neutral||$36.00 -> $42.00||High|
|7/27/2017||SunTrust Banks, Inc.||Downgrade||Buy -> Hold||$43.00 -> $48.00||High|
|7/19/2017||Citigroup Inc.||Boost Price Target||Buy||$42.00 -> $49.00||Low|
|1/12/2017||Pacific Crest||Upgrade||Sector Weight -> Overweight||$38.00||N/A|
|11/16/2016||Jefferies Group LLC||Lower Price Target||Hold||$40.00 -> $39.00||N/A|
|8/11/2016||J P Morgan Chase & Co||Boost Price Target||Overweight||$43.00 -> $45.00||N/A|
|2/8/2016||BWS Financial||Initiated Coverage||Sell||$16.00||N/A|
|12/17/2015||Sterne Agee CRT||Initiated Coverage||Buy||$42.00||N/A|
|11/24/2015||William Blair||Reiterated Rating||Outperform||N/A|
Earnings History for Globant S.A. (NYSE:GLOB)Earnings History by Quarter for Globant S.A. (NYSE GLOB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/17/2017||6/30/2017||$0.26||$0.10||$95.79 million||$99.60 million||View||N/A|
|5/18/2017||3/31/2017||$0.25||$0.25||$87.63 million||$88.74 million||View||N/A|
|2/16/2017||Q416||$0.31||$0.29||$85.95 million||$87.30 million||View||N/A|
|11/14/2016||Q316||$0.29||$0.27||$81.95 million||$82.40 million||View||N/A|
|8/10/2016||Q216||$0.28||$0.29||$76.81 million||$79.90 million||View||Listen|
|5/9/2016||Q116||$0.23||$0.24||$69.83 million||$73.30 million||View||N/A|
|2/17/2016||Q415||$0.24||$0.26||$68.71 million||$71.60 million||View||Listen|
|11/5/2015||Q315||$0.23||$0.26||$64.67 million||$67.12 million||View||N/A|
|8/13/2015||Q215||$0.22||$0.25||$59.35 million||$60.60 million||View||Listen|
|5/14/2015||Q115||$0.16||$0.22||$52.22 million||$54.50 million||View||Listen|
|2/11/2015||Q414||$0.19||$0.24||$53.80 million||$55.10 million||View||N/A|
|11/10/2014||Q314||$0.19||$0.23||$49.70 million||$52.00 million||View||N/A|
|8/14/2014||Q214||$0.18||$0.20||$37.40 million||$49.40 million||View||N/A|
Earnings Estimates for Globant S.A. (NYSE:GLOB)
Current Year EPS Consensus Estimate: $1.03 EPS
Next Year EPS Consensus Estimate: $1.43 EPS
Dividend History for Globant S.A. (NYSE:GLOB)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Globant S.A. (NYSE:GLOB)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Globant S.A. (NYSE:GLOB)
Latest Headlines for Globant S.A. (NYSE:GLOB)
Globant S.A. (GLOB) Chart for Saturday, September, 23, 2017