NYSE:GLOB

Globant Stock Forecast, Price & News

$237.66

+6.10 (+2.63 %)

(As of 07/23/2021 12:00 AM ET)

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Today's Range

$230.75

▼

$238.52

50-Day Range

$208.28

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$237.66

52-Week Range

$157.03

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$244.72

Volume163,643 shs

Average Volume204,577 shs

Market Capitalization$9.51 billion

P/E Ratio153.33

Dividend YieldN/A

Beta1.22

30 days | 90 days | 365 days | Advanced Chart

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About Globant

Globant S.A. operates as a technology services company worldwide. The company offers transformational programs, ROI and cost efficiency, new revenue streams, E-mission, sustainability today, up with climate, organizational design, leadership mindset and organizational upskilling, cultural strategy, talent journeys, change management, delivery management, agile consultancy, management consulting, user experience, visual and service design, industrial design, strategic architecture consulting, platforms evolution, and augmented composable services. It also provides ePayments, content management systems, future commerce, eLearning, accessibility, web, native and hybrid applications, cross compiled, data strategy, insights, data as a product, data platforms, MLOps, blockchain, Internet of Things experience and consultancy, platform, hardware integration, intelligent automation, process mining, smart farming, image diagnosis, healthcare interoperability, genomics data processing, telemedicine and medical digital tech, patient journey, research and development, and precision medicine services. In addition, the company offers digital marketing, conversational interface, gaming, OTT, Cloud Ops Studio, Salesforce Studio, cybersecurity, and enterprise applications services; product strategy, management, and delivery services; and agile, automation, load and performance, AI, game, mobile, data testing, accessibility, media and OTT, and conversational interfaces testing services, as well as services over platforms. It serves medium-to large-sized companies operating in media and entertainment, professional services, technology and telecommunications, travel and hospitality, healthcare, banks, financial services and insurance, consumer, retail, and manufacturing industries. 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.

Globant S.A. (NYSE:GLOB) Given Average Recommendation of "Buy" by Brokerages
July 24, 2021 | americanbankingnews.com

Globant Hires Tania Salarvand as Managing Director
July 20, 2021 | finance.yahoo.com

Globant S.A. (NYSE:GLOB) Sees Significant Increase in Short Interest
July 19, 2021 | americanbankingnews.com

Sorrell's S4 builds firepower for acquisitions to meet demand - Reuters
July 19, 2021 | reuters.com

Is Build-A-Bear Workshop, Inc.'s (NYSE:BBW) Shareholder Ownership Skewed Towards Insiders? - Nasdaq
July 18, 2021 | nasdaq.com

I Built A List Of Growing Companies And Globant (NYSE:GLOB) Made The Cut - Nasdaq
July 18, 2021 | nasdaq.com

Cowen Increases Globant (NYSE:GLOB) Price Target to $260.00
July 16, 2021 | americanbankingnews.com

Globant (NYSE:GLOB) Price Target Increased to $260.00 by Analysts at Citigroup
July 14, 2021 | americanbankingnews.com

Taking Stock of DTRC's Risk Factors Post FY2021 Results - Nasdaq
July 12, 2021 | nasdaq.com

Why Otis Worldwide Shares Should Elevate - Barron's
July 9, 2021 | barrons.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:GLOB
Previous Symbol
CUSIPN/A
CIK1557860
Webwww.globant.com
Phone352-2030-1596
Employees16,251
Year FoundedN/A

Sales & Book Value

Annual Sales$814.14 million
Price / Sales11.68
Cash Flow$3.35 per share
Price / Cash Flow70.92
Book Value$23.72 per share
Price / Book10.02

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares40,020,000
Market Cap$9.51 billion
Next Earnings Date8/12/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.44 out of 5 stars

Computer And Technology Sector

451st out of 1,650 stocks

Data Processing & Preparation Industry

43rd out of 113 stocks

1.3 Analyst's Opinion

Consensus Rating
Globant has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $234.63, Globant has a forecasted downside of 1.3% from its current price of $237.66.
Amount of Analyst Coverage
Globant has only been the subject of 3 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
Globant has received 308 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Globant has received 372 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Globant has received 54.71% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Globant and other stocks. Vote “Outperform” if you believe GLOB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GLOB will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Globant does not currently pay a dividend.
Dividend Growth
Globant does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Globant insiders have not sold or bought any company stock.
Percentage Held by Institutions
82.11% of the stock of Globant is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Globant are expected to grow by 29.23% in the coming year, from $2.60 to $3.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Globant is 153.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Globant is 153.33, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 51.04.
Price to Book Value per Share Ratio
Globant has a P/B Ratio of 10.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Globant (NYSE:GLOB) Frequently Asked Questions

Is Globant a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Globant in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Globant stock.
View analyst ratings for Globant or view top-rated stocks.

What stocks does MarketBeat like better than Globant?

Wall Street analysts have given Globant a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Globant wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Globant?

Globant saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 554,600 shares, an increase of 45.8% from the June 15th total of 380,300 shares. Based on an average daily trading volume, of 204,100 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.4% of the shares of the stock are sold short.
View Globant's Short Interest.

When is Globant's next earnings date?

Globant is scheduled to release its next quarterly earnings announcement on Thursday, August 12th 2021.
View our earnings forecast for Globant.

How were Globant's earnings last quarter?

Globant S.A. (NYSE:GLOB) issued its quarterly earnings results on Thursday, May, 13th. The information technology services provider reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.03. The information technology services provider had revenue of $270.20 million for the quarter, compared to analyst estimates of $259.64 million. Globant had a trailing twelve-month return on equity of 9.71% and a net margin of 7.02%. The company's quarterly revenue was up 41.0% on a year-over-year basis. During the same quarter last year, the business posted $0.59 earnings per share.
View Globant's earnings history.

How has Globant's stock price been impacted by Coronavirus (COVID-19)?

Globant's stock was trading at $98.18 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GLOB shares have increased by 142.1% and is now trading at $237.66.
View which stocks have been most impacted by COVID-19.

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

Globant updated its second quarter 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share guidance of $0.840- for the period, compared to the Thomson Reuters consensus EPS estimate of $0.800. The company issued revenue guidance of $283 M-, compared to the consensus revenue estimate of $259.44 million.

What price target have analysts set for GLOB?

9 brokerages have issued 1-year price objectives for Globant's shares. Their forecasts range from $210.00 to $260.00. On average, they anticipate Globant's share price to reach $234.63 in the next year. This suggests that the stock has a possible downside of 1.3%.
View analysts' price targets for Globant or view top-rated stocks among Wall Street analysts.

Who are Globant's key executives?

Globant's management team includes the following people:

Mr. Martin Migoya, Co-founder, Chairman, CEO & Pres (Age 53)
Mr. MartÃn Gonzalo Umaran, Co-Founder, Chief Corp. Devel. Officer, Pres for EMEA & Director (Age 53)
Mr. Guibert Andres Englebienne, Co-Founder, Pres of Globant X, Globant Ventures & Latin America and Director (Age 55)
Mr. Nestor Augusto Nocetti, Co-Founder & Exec. VP of Corp. Affairs
Mr. Juan Ignacio Urthiague, CFO & Investor Relations Officer
Ms. Patricia Pomies, Chief Operating Officer
Ms. Vivian Sauksteliskis, VP of Operations
Ms. Yanina Maria Conti, Chief Accounting Officer
Mr. Diego Tartara, Chief Technology Officer
Mr. Gustavo A. Barreiro, Chief Information Officer

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

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

Who are some of Globant's key competitors?

Some companies that are related to Globant include Verisk Analytics (VRSK), Bilibili (BILI), RingCentral (RNG), PagSeguro Digital (PAGS), StoneCo (STNE), Zendesk (ZEN), Clarivate (CLVT), Five9 (FIVN), GoodRx (GDRX), Zynga (ZNGA), Pegasystems (PEGA), DXC Technology (DXC), Proofpoint (PFPT), Playtika (PLTK) and TELUS International (Cda) (TIXT).
View all of GLOB's competitors.

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), Square (SQ), Alteryx (AYX), Baidu (BIDU), salesforce.com (CRM), Invitae (NVTA), CRISPR Therapeutics (CRSP) and JD.com (JD).

What is Globant's stock symbol?

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

How do I buy shares of Globant?

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

What is Globant's stock price today?

One share of GLOB stock can currently be purchased for approximately $237.66.

How much money does Globant make?

Globant has a market capitalization of $9.51 billion and generates $814.14 million in revenue each year. The information technology services provider earns $54.22 million in net income (profit) each year or $1.83 on an earnings per share basis.

How many employees does Globant have?

Globant employs 16,251 workers across the globe.

What is Globant's official website?

The official website for Globant is www.globant.com.

Where are Globant's headquarters?

Globant is headquartered at 37A AVENUE J.F. KENNEDY, Luxembourg N4, L-1855.

How can I contact Globant?

Globant's mailing address is 37A AVENUE J.F. KENNEDY, Luxembourg N4, L-1855. The information technology services provider can be reached via phone at 352-2030-1596 or via email at [email protected]

This page was last updated on 7/24/2021 by MarketBeat.com Staff

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