Globant SA, a technology services company, provides services related to application development, testing, infrastructure management, and application maintenance worldwide. The company offers machine learning, pattern recognition, natural language understanding, future of organizations, customer insight, behavioral change, product innovation, design thinking, product management discovery and delivery, and product coaching services.
Read More…
Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Phone352-2030-1596
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$522.31 million
Profitability
Miscellaneous
Employees8,384
Next Earnings Date11/21/2019 (Estimated)
OptionableOptionable
Globant (NYSE:GLOB) Frequently Asked Questions
What is Globant's stock symbol?
Globant trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLOB."
How were Globant's earnings last quarter?
Globant SA (NYSE:GLOB) issued its quarterly earnings data on Thursday, August, 15th. The information technology services provider reported $0.40 EPS for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.01. The information technology services provider earned $157.50 million during the quarter, compared to analyst estimates of $157.50 million. Globant had a net margin of 9.09% and a return on equity of 16.97%. Globant's revenue was up 23.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 earnings per share. View Globant's Earnings History.
When is Globant's next earnings date?
What guidance has Globant issued on next quarter's earnings?
Globant issued an update on its FY19 earnings guidance on Thursday, August, 15th. The company provided earnings per share guidance of $2.19-$2.25 for the period, compared to the Thomson Reuters consensus estimate of $2.21. The company issued revenue guidance of $654-$660 million, compared to the consensus revenue estimate of $643.78 million.
What price target have analysts set for GLOB?
8 brokerages have issued twelve-month price targets for Globant's stock. Their forecasts range from $64.00 to $115.00. On average, they anticipate Globant's stock price to reach $84.25 in the next twelve months. This suggests that the stock has a possible downside of 9.2%. View Analyst Price Targets for Globant.
What is the consensus analysts' recommendation for Globant?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Globant.
What are Wall Street analysts saying about Globant stock?
Here are some recent quotes from research analysts about Globant stock:
- 1. 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. " (8/9/2019)
- 2. Cantor Fitzgerald analysts commented, ". We maintain our Neutral rating and raise our 12-month PT to $67 from $57 on shares of GLOB. We continue to look for a more-favorable risk/ reward. The company reported strong top-line quarterly results as its high potential accounts performed well, and it issued 2019 revenue and EPS guidance. Management believes SG&A leverage will continue to have a positive effect on margins, but may be slower than usual in 2019. We like Globant’s positioning at the heart of the digital movement and continue to look for an opportunity to become more constructive." (2/15/2019)
Has Globant been receiving favorable news coverage?
Press coverage about GLOB stock has been trending negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Globant earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned news stories about the information technology services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Globant.
Are investors shorting Globant?
Globant saw a decrease in short interest in July. As of July 31st, there was short interest totalling 1,672,200 shares, a decrease of 13.6% from the June 30th total of 1,935,300 shares. Based on an average daily volume of 404,400 shares, the days-to-cover ratio is currently 4.1 days. Currently, 4.8% of the shares of the company are short sold. View Globant's Current Options Chain.
Who are some of Globant's key competitors?
Some companies that are related to Globant include RingCentral (RNG), Autohome (ATHM), Zendesk (ZEN), StoneCo (STNE), DXC Technology (DXC), Proofpoint (PFPT), Pegasystems (PEGA), Zynga (ZNGA), CarGurus (CARG), Bilibili (BILI), Five9 (FIVN), Corelogic (CLGX), YY (YY), Evertec (EVTC) and Inovalon (INOV).
What other stocks do shareholders of Globant own?
Who are Globant's key executives?
Globant's management team includes the folowing people:
- Mr. Martín Migoya, Chairman, CEO & Pres (Age 51)
- Mr. Guibert Andrés Englebienne, CTO & Director (Age 53)
- Mr. Martín Gonzalo Umaran, Chief of Staff & Director (Age 51)
- Mr. Néstor Nocetti, Co-Founder & Exec. VP of Corp. Affairs
- Mr. Juan Urthiague, CFO & Investor Relations Officer
Who are Globant's major shareholders?
Globant's stock is owned by a number of of retail and institutional investors. Top institutional investors include Morgan Stanley (9.28%), Wasatch Advisors Inc. (6.00%), BlackRock Inc. (4.73%), Riverbridge Partners LLC (3.87%), William Blair Investment Management LLC (3.66%) and JPMorgan Chase & Co. (2.76%).
Which institutional investors are selling Globant stock?
GLOB stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Morgan Stanley, Mackenzie Financial Corp, JPMorgan Chase & Co., Wells Fargo & Company MN, Grandeur Peak Global Advisors LLC, Riverbridge Partners LLC and Royal Bank of Canada.
Which institutional investors are buying Globant stock?
GLOB stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Invesco Ltd., William Blair Investment Management LLC, Wasatch Advisors Inc., Vanguard Group Inc., Axiom International Investors LLC DE, Northern Trust Corp and Bank of America Corp DE.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Globant's stock price today?
One share of GLOB stock can currently be purchased for approximately $92.75.
How big of a company is Globant?
Globant has a market capitalization of $3.38 billion and generates $522.31 million in revenue each year. The information technology services provider earns $51.68 million in net income (profit) each year or $1.39 on an earnings per share basis. Globant employs 8,384 workers across the globe.View Additional Information About Globant.
What is Globant's official website?
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]
MarketBeat Community Rating for Globant (NYSE GLOB)
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.
