NYSE:GLOB - Globant Stock Price, Price Target & More

$44.10 -0.78 (-1.74 %)

(As of 04/20/2018 04:00 PM ET)

Previous Close$44.10

Today's Range$43.89 - $45.11

52-Week Range$33.87 - $54.84

Volume335,870 shs

Average Volume422,880 shs

Market Capitalization$1.58 billion

P/E Ratio51.59

Dividend YieldN/A

Beta0.54

About Globant (NYSE:GLOB)

Globant S.A. develops and provides software solutions to clients in North America, the Latin America, Europe, and Asia. It offers API management, e-commerce, and digital solutions; graphics engineering, game engineering, gaming experience, VR/AR development, and digital platform services; Big Data services, such as data integration, data architecture, scalable platform, blockchain, data visualization, and data science; testing center, test automation, mobile testing, and load and performance testing services. The company also provides enterprise consumerization services, including enterprise operations, collaboration solutions, cloud development, and talent management; UX design services comprising service, user experience, industrial design, and visual design; and native development, product development, and enterprise mobility services for mobiles. In addition, it engages in the provision of cloud technologies and managed services; wearable application usability and design, hardware integration, data design and management, and native wearable and embedded development activities. Further, the company offers software evolution, IT service management, and software archaeology services; content management system, e-learning solution, digital marketing, and video content production services; and cognitive computing services. It serves medium- to large-sized companies operating in media and entertainment, professional services, technology and telecommunications, travel and hospitality, banks, financial services and insurance, and consumer, and 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.

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Industry, Sector and Symbol

Industry Data processing & preparation

Sub-IndustryN/A

SectorComputer and Technology

SymbolNYSE:GLOB

CUSIPN/A

Webwww.globant.com

Phone352-2030-1596

Debt

Debt-to-Equity RatioN/A

Current Ratio2.03%

Quick Ratio1.82%

Price-To-Earnings

Trailing P/E Ratio51.59

Forward P/E Ratio36.15

P/E GrowthN/A

Sales & Book Value

Annual Sales$413.44 million

Price / Sales3.74

Cash Flow$1.3360 per share

Price / Cash33.01

Book Value$7.53 per share

Price / Book5.86

Profitability

EPS (Most Recent Fiscal Year)$0.88

Net Income$31.25 million

Net Margins7.55%

Return on Equity13.02%

Return on Assets9.34%

Miscellaneous

Employees5,631

Outstanding Shares35,100,000

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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 (NYSE:GLOB) issued its quarterly earnings results on Thursday, February, 15th. The information technology services provider reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.04. The information technology services provider had revenue of $115.43 million for the quarter, compared to the consensus estimate of $109.25 million. Globant had a return on equity of 13.02% and a net margin of 7.55%. View Globant's Earnings History.

When is Globant's next earnings date?

Globant is scheduled to release their next quarterly earnings announcement on Thursday, May, 17th 2018. View Earnings Estimates for Globant.

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

Globant updated its FY18 earnings guidance on Thursday, February, 15th. The company provided earnings per share guidance of $1.52-1.62 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.57. The company issued revenue guidance of $495-505 million, compared to the consensus revenue estimate of $493.61 million.Globant also updated its Q1 guidance to $0.31-0.35 EPS.

What price target have analysts set for GLOB?

8 equities research analysts have issued 12 month target prices for Globant's stock. Their forecasts range from $36.00 to $54.00. On average, they expect Globant's share price to reach $48.1429 in the next year. 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. " (2/26/2018)
2. 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)

Who are some of Globant's key competitors?

Some companies that are related to Globant include Trivago (TRVG), Fang (SFUN), Classified Ventures (CARS), Acxiom (ACXM), Mindbody (MB), Shutterstock (SSTK), Five9 (FIVN), Inovalon (INOV), CSG Systems International (CSGS), Bitauto (BITA), Sohu.com (SOHU), Evertec (EVTC), Yext (YEXT), Carbonite (CARB), Liberty TripAdvisor (LTRPA), Renren (RENN), Tucows (TCX) and Castlight Health (CSLT).

Who are Globant's key executives?

Globant's management team includes the folowing people:

Mr. Martín Migoya, Chairman, CEO & Pres (Age 50)
Mr. Néstor Nocetti, Co-Founder & Exec. VP of Corp. Affairs
Mr. Alejandro Scannapieco, Chief Financial Officer
Ms. Natalia Kanefsck, Chief Accounting Officer
Mr. Guibert Andrés Englebienne, CTO & Director (Age 52)

Has Globant been receiving favorable news coverage?

Headlines about GLOB stock have trended somewhat positive recently, according to Accern. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Globant earned a media sentiment score of 0.18 on Accern's scale. They also gave press coverage about the information technology services provider an impact score of 46.79 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

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 $44.10.

How big of a company is Globant?

Globant has a market capitalization of $1.58 billion and generates $413.44 million in revenue each year. The information technology services provider earns $31.25 million in net income (profit) each year or $0.88 on an earnings per share basis. Globant employs 5,631 workers across the globe.

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 (GLOB)

Community Ranking:		2.0 out of 5 ( )
Outperform Votes:		160 (Vote Outperform)
Underperform Votes:		236 (Vote Underperform)
Total Votes:		396

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.

Globant (NYSE:GLOB) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

8 Wall Street analysts have issued ratings and price targets for Globant in the last 12 months. Their average twelve-month price target is $48.1429, suggesting that the stock has a possible upside of 9.17%. The high price target for GLOB is $54.00 and the low price target for GLOB is $36.00. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Buy	Buy	Buy	Buy
Consensus Rating Score:	2.63	2.57	2.50	2.50
Ratings Breakdown:	0 Sell Rating(s) 3 Hold Rating(s) 5 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 3 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 3 Hold Rating(s) 3 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 4 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$48.1429	$48.1667	$46.20	$44.8571
Price Target Upside:	9.17% upside	8.17% downside	29.01% upside	10.19% upside

Globant (NYSE:GLOB) Consensus Price Target History

Price Target History for Globant (NYSE:GLOB)

Globant (NYSE:GLOB) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/20/2018	HSBC	Initiated Coverage	Hold	$48.00	Medium
4/4/2018	SunTrust Banks	Upgrade	Hold -> Buy		High
2/20/2018	JPMorgan Chase	Reiterated Rating	Overweight -> Overweight	$50.00 -> $54.00	Medium
11/17/2017	Cantor Fitzgerald	Reiterated Rating	Neutral	$42.00 -> $36.00	N/A
11/3/2017	KeyCorp	Reiterated Rating	Hold		N/A
10/14/2017	Wedbush	Reiterated Rating	Outperform	$48.00	N/A
10/12/2017	Cowen	Reiterated Rating	Buy	$50.00	N/A
7/19/2017	Citigroup	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	Lower Price Target	Hold	$40.00 -> $39.00	N/A

(Data available from 4/21/2016 forward)

Globant (NYSE:GLOB) Earnings History and Estimates Chart

Earnings by Quarter for Globant (NYSE:GLOB)

Globant (NYSE:GLOB) Earnings Estimates

2018 EPS Consensus Estimate: $0.93
2019 EPS Consensus Estimate: $1.44

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q2 2018	1	$0.22	$0.22	$0.22
Q3 2018	1	$0.36	$0.36	$0.36
Q4 2018	3	$0.32	$0.41	$0.35
Q1 2019	2	$0.32	$0.35	$0.34
Q2 2019	2	$0.25	$0.34	$0.30
Q3 2019	2	$0.34	$0.41	$0.38
Q4 2019	2	$0.41	$0.46	$0.44

Globant (NYSE GLOB) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/17/2018
2/15/2018	Q4 2017	$0.26	$0.30	$109.25 million	$115.43 million	View	N/A
11/16/2017	Q3 2017	$0.31	$0.22	$104.15 million	$109.68 million	View	N/A
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 results data provided by Zacks Investment Research)

Globant (NYSE:GLOB) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Globant (NYSE GLOB) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 68.37%

Insider Trading History for Globant (NYSE:GLOB)

Institutional Ownership by Quarter for Globant (NYSE:GLOB)

Globant (NYSE GLOB) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details

(Data available from 1/1/2013 forward)

Globant (NYSE GLOB) News Headlines

Source:

Date	Headline
	Globant to Announce First Quarter 2018 Financial Results on May 10th finance.yahoo.com - April 21 at 9:47 AM
	Globant (GLOB) Coverage Initiated at HSBC www.americanbankingnews.com - April 20 at 9:22 AM
	Globant (GLOB) Stock Rating Lowered by BidaskClub www.americanbankingnews.com - April 19 at 1:23 PM
	Globant (GLOB) Upgraded to "Buy" by BidaskClub www.americanbankingnews.com - April 17 at 3:03 PM
	Globant Files Annual Report for 2017 finance.yahoo.com - April 17 at 10:21 AM
	Globant (GLOB) Expected to Post Quarterly Sales of $114.06 Million www.americanbankingnews.com - April 14 at 5:35 AM
	Q2 2018 Earnings Estimate for Globant Issued By Wedbush (GLOB) www.americanbankingnews.com - April 12 at 7:12 AM
	Zacks: Analysts Anticipate Globant (GLOB) to Announce $0.35 Earnings Per Share www.americanbankingnews.com - April 12 at 1:15 AM
	Globant (GLOB) Receives Average Recommendation of "Buy" from Brokerages www.americanbankingnews.com - April 11 at 5:43 PM
	Globant Launches Its Media Over-the-Top (OTT) Studio finance.yahoo.com - April 6 at 10:41 AM
	Analysts Issue Forecasts for Globant SA's Q3 2018 Earnings (GLOB) www.americanbankingnews.com - April 6 at 7:24 AM
	Globant (GLOB) Cut to "Hold" at BidaskClub www.americanbankingnews.com - April 5 at 6:21 PM
	FY2018 Earnings Estimate for Globant SA (GLOB) Issued By SunTrust Banks www.americanbankingnews.com - April 5 at 9:03 AM
	Spruce Point Capital Releases a Strong Sell Forensic Research Opinion on Globant S.A. (NYSE: GLOB) www.bizjournals.com - April 4 at 5:33 PM
	Globant (GLOB) Rating Increased to Buy at SunTrust Banks www.americanbankingnews.com - April 4 at 12:49 PM
	Globant (GLOB) Lifted to Buy at ValuEngine www.americanbankingnews.com - April 3 at 2:58 PM
	Globant (GLOB) Downgraded by BidaskClub to Sell www.americanbankingnews.com - April 2 at 6:26 PM
	Zacks: Analysts Anticipate Globant SA (GLOB) Will Post Quarterly Sales of $112.73 Million www.americanbankingnews.com - March 28 at 10:21 AM
	$0.35 EPS Expected for Globant SA (GLOB) This Quarter www.americanbankingnews.com - March 26 at 3:26 AM
	Globant (GLOB) Upgraded to Hold at Zacks Investment Research www.americanbankingnews.com - March 26 at 12:36 AM
	Globant (GLOB) Lowered to Hold at Zacks Investment Research www.americanbankingnews.com - March 25 at 10:09 AM
	Globant (GLOB) Lowered to Hold at ValuEngine www.americanbankingnews.com - March 18 at 11:34 PM
	Globant SA (GLOB) Receives Average Recommendation of "Hold" from Analysts www.americanbankingnews.com - March 17 at 5:32 PM
	Globant SA (GLOB) Expected to Announce Quarterly Sales of $112.73 Million www.americanbankingnews.com - March 10 at 2:06 AM
	Globant SA (GLOB) Expected to Post Earnings of $0.35 Per Share www.americanbankingnews.com - March 8 at 7:11 PM
	Globant has been selected by Thomas Cook Money as a preferred IT Development Partner finance.yahoo.com - March 6 at 9:59 AM
	Globant SA (GLOB) Shares Bought by Mackenzie Financial Corp www.americanbankingnews.com - March 4 at 1:14 PM
	Globant SA (GLOB) Stake Lessened by OppenheimerFunds Inc. www.americanbankingnews.com - March 3 at 10:34 AM
	Globant SA (GLOB) Stake Lifted by Standard Life Aberdeen plc www.americanbankingnews.com - February 24 at 3:06 PM
	Head-To-Head Survey: Globant (GLOB) & 2U (TWOU) www.americanbankingnews.com - February 23 at 4:44 PM
	Research Analysts Issue Forecasts for Globant SA's Q1 2019 Earnings (GLOB) www.americanbankingnews.com - February 23 at 2:52 PM
	Globant (GLOB) Upgraded by Zacks Investment Research to Buy www.americanbankingnews.com - February 23 at 12:14 AM
	Globant SA (GLOB) Expected to Post Quarterly Sales of $112.47 Million www.americanbankingnews.com - February 22 at 2:34 PM
	Globant (GLOB) Given New $52.00 Price Target at SunTrust Banks www.americanbankingnews.com - February 21 at 1:42 PM
	Globant SA (GLOB) Given Average Rating of "Hold" by Brokerages www.americanbankingnews.com - February 20 at 5:50 PM
	JPMorgan Chase & Co. Raises Globant (GLOB) Price Target to $54.00 www.americanbankingnews.com - February 20 at 4:26 PM
	Globant Launches StarMeUp™ OS, an Operating System to Digitally Transform Organizations finance.yahoo.com - February 20 at 9:29 AM
	Critical Analysis: eGain (EGAN) vs. Globant (GLOB) www.americanbankingnews.com - February 19 at 12:40 PM
	Globant S.A. (GLOB) PT Raised to $55 at Wedbush www.streetinsider.com - February 18 at 9:28 AM
	Globant tops Street 4Q forecasts finance.yahoo.com - February 16 at 9:31 AM
	Globant Reports 2017 Full Year and Fourth Quarter Financial Results finance.yahoo.com - February 16 at 9:31 AM
	Globant (GLOB) Releases Earnings Results, Beats Estimates By $0.13 EPS www.americanbankingnews.com - February 16 at 12:32 AM
	Globant (GLOB) Updates FY18 Earnings Guidance www.americanbankingnews.com - February 15 at 5:46 PM
	Globant (GLOB) Issues Q1 Earnings Guidance www.americanbankingnews.com - February 15 at 5:26 PM
	Zacks Investment Research Lowers Globant (GLOB) to Sell www.americanbankingnews.com - February 9 at 12:22 AM
	Globant (GLOB) Set to Announce Quarterly Earnings on Thursday www.americanbankingnews.com - February 8 at 1:40 AM
	Investor Expectations to Drive Momentum within Kforce, Hamilton Lane, WSFS Financial, Globant S.A., Greenbrier Companies, and MarineMax — Discovering Underlying Factors of Influence finance.yahoo.com - February 6 at 8:46 AM
	$109.25 Million in Sales Expected for Globant SA (GLOB) This Quarter www.americanbankingnews.com - February 5 at 7:32 AM
	Q4 2018 Earnings Estimate for Globant SA (GLOB) Issued By KeyCorp www.americanbankingnews.com - February 1 at 1:56 PM
	Globant SA (GLOB) to Post FY2019 Earnings of $1.65 Per Share, KeyCorp Forecasts www.americanbankingnews.com - January 31 at 3:10 PM

Globant (NYSE:GLOB) SEC Filings

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Globant (NYSE:GLOB) Income Statement, Balance Sheet and Cash Flow Statement

Globant (NYSE GLOB) Stock Chart for Saturday, April, 21, 2018

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This page was last updated on 4/21/2018 by MarketBeat.com Staff