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NYSE:GLOB

Globant Stock Forecast, Price & News

$174.32
+2.70 (+1.57 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$170.03
Now: $174.32▼
$176.09
50-Day Range
$165.67
MA: $175.62▼
$188.57
52-Week Range
$70.83
Now: $174.32▼
$189.34
Volume155,630 shs
Average Volume380,961 shs
Market Capitalization$6.47 billion
P/E Ratio128.18
Dividend YieldN/A
Beta1.28
Globant S.A., 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. It also provides process appraisal, automated, process evolution, delivery management, agile consultancy, management consulting, user experience, visual and service, industrial design, mobile engineering, fast prototyping, and mobile and product strategy services. In addition, the company offers game engineering and experience, digital platform, virtual and augmented reality, graphics engineering, 3D and 2D art, e-Sports, data architecture, data science, distributed platform, data integration, data visualization, and blockchain services. Further, it provides Internet of things experience and consultancy, platform, hardware integration, content management system, e-learning, video content production, OTT, and Cloud Ops Studio services. Additionally, the company offers functional testing, load and performance testing, mobile testing, test automation, large scale Web applications, hybrid and cross-compiled development, accessibility, API management, micro, complex architecture, software archaeology, IT service management, and software evolution 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, 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 City, Luxembourg.
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Beat the Market (BTM) Rank™

Analyst Opinion: 2.4Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.51 out of 5 stars


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

Debt

Debt-to-Equity Ratio0.16
Current Ratio4.66
Quick Ratio2.56

Price-To-Earnings

Trailing P/E Ratio128.18
Forward P/E Ratio99.61
P/E GrowthN/A

Sales & Book Value

Annual Sales$659.33 million
Price / Sales9.81
Cash Flow$2.90 per share
Price / Cash Flow60.19
Book Value$12.06 per share
Price / Book14.45

Profitability

EPS (Most Recent Fiscal Year)$1.76
Net Income$54.01 million
Net Margins7.09%
Return on Equity13.17%
Return on Assets8.74%

Miscellaneous

Employees11,855
Outstanding Shares37,102,000
Market Cap$6.47 billion
Next Earnings Date11/12/2020 (Estimated)
OptionableOptionable
$174.32
+2.70 (+1.57 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Globant (NYSE:GLOB) Frequently Asked Questions

How has Globant's stock price been impacted by Coronavirus?

Globant's stock was trading at $98.18 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GLOB shares have increased by 77.6% and is now trading at $174.32.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Globant?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Globant.

When is Globant's next earnings date?

Globant is scheduled to release its next quarterly earnings announcement on Thursday, November 12th 2020.
View our earnings forecast for Globant.

How were Globant's earnings last quarter?

Globant SA (NYSE:GLOB) issued its earnings results on Thursday, August, 13th. The information technology services provider reported $0.51 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.34 by $0.17. The information technology services provider earned $182.71 million during the quarter, compared to analyst estimates of $179.60 million. Globant had a return on equity of 13.17% and a net margin of 7.09%.
View Globant's earnings history.

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

Globant updated its third quarter 2020 After-Hours earnings guidance on Thursday, August, 13th. The company provided EPS guidance of 0.58 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.54. The company issued revenue guidance of $203 million, compared to the consensus revenue estimate of $188.87 million.

What price target have analysts set for GLOB?

9 equities research analysts have issued 1 year target prices for Globant's shares. Their forecasts range from $120.00 to $220.00. On average, they anticipate Globant's share price to reach $165.00 in the next twelve months. This suggests that the stock has a possible downside of 5.3%.
View analysts' price targets for Globant.

Are investors shorting Globant?

Globant saw a decrease in short interest in September. As of September 15th, there was short interest totaling 1,110,000 shares, a decrease of 11.2% from the August 31st total of 1,250,000 shares. Based on an average daily volume of 325,800 shares, the days-to-cover ratio is presently 3.4 days. Approximately 2.9% of the company's shares are short sold.
View Globant's Short Interest.

Who are some of Globant's key competitors?

Some companies that are related to Globant include RingCentral (RNG), StoneCo (STNE), Bilibili (BILI), PagSeguro Digital (PAGS), Zendesk (ZEN), Clarivate Analytics (CCC), Autohome (ATHM), Zynga (ZNGA), Pegasystems (PEGA), Five9 (FIVN), YY (YY), Proofpoint (PFPT), Corelogic (CLGX), Change Healthcare (CHNG) and DXC Technology (DXC).
View all 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), Marvell Technology Group (MRVL), Paypal (PYPL) and Intel (INTC).

Who are Globant's key executives?

Globant's management team includes the following 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

What is Globant's stock symbol?

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

Who are Globant's major shareholders?

Globant's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wasatch Advisors Inc. (6.54%), FMR LLC (5.01%), Riverbridge Partners LLC (3.81%), William Blair Investment Management LLC (3.42%), Fisher Asset Management LLC (3.19%) and Bank of New York Mellon Corp (1.91%).

Which institutional investors are selling Globant stock?

GLOB stock was sold by a variety of institutional investors in the last quarter, including Driehaus Capital Management LLC, Bamco Inc. NY, Bank of New York Mellon Corp, Wasatch Advisors Inc., Gilder Gagnon Howe & Co. LLC, Man Group plc, Victory Capital Management Inc., and GAM Holding AG.

Which institutional investors are buying Globant stock?

GLOB stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, FMR LLC, Itau Unibanco Holding S.A., Jennison Associates LLC, William Blair Investment Management LLC, Nuveen Asset Management LLC, WCM Investment Management LLC, and State of Michigan Retirement System.

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, Robinhood, Fidelity, and Charles Schwab.

What is Globant's stock price today?

One share of GLOB stock can currently be purchased for approximately $174.32.

How big of a company is Globant?

Globant has a market capitalization of $6.47 billion and generates $659.33 million in revenue each year. The information technology services provider earns $54.01 million in net income (profit) each year or $1.76 on an earnings per share basis. Globant employs 11,855 workers across the globe.

What is Globant's official website?

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

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 9/26/2020 by MarketBeat.com Staff
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