Globant Stock Price, News & Analysis (NYSE:GLOB)

$51.50 -0.13 (-0.25 %)
(As of 02/22/2018 04:00 PM ET)
Previous Close$51.50
Today's Range$50.51 - $52.32
52-Week Range$33.56 - $53.47
Volume323,654 shs
Average Volume280,362 shs
Market Capitalization$1.82 billion
P/E Ratio59.20
Dividend YieldN/A
Beta0.69

About Globant (NYSE:GLOB)

Globant logoGlobant 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.

Receive GLOB News and Ratings via Email

Sign-up to receive the latest news and ratings for GLOB and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry IT Services & Consulting
Sub-IndustryN/A
SectorTechnology
SymbolNYSE:GLOB
CUSIPN/A
Phone+3524818281

Debt

Debt-to-Equity RatioN/A
Current Ratio2.03%
Quick Ratio1.82%

Price-To-Earnings

Trailing P/E Ratio59.1954022988506
Forward P/E Ratio46.82
P/E GrowthN/A

Sales & Book Value

Annual Sales$413.44 million
Price / Sales4.37
Cash Flow$1.36 per share
Price / Cash37.99
Book Value$7.53 per share
Price / Book6.84

Profitability

Trailing EPS$0.87
Net Income$31.25 million
Net Margins7.55%
Return on Equity13.02%
Return on Assets9.34%

Miscellaneous

Employees5,631
Outstanding Shares35,100,000

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 Wednesday, August, 10th. The information technology services provider reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.28 by $0.01. The information technology services provider had revenue of $79.90 million for the quarter, compared to the consensus estimate of $76.81 million. Globant had a return on equity of 13.02% and a net margin of 7.55%. The firm's revenue was up 31.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.25 earnings per share. View Globant's Earnings History.

When will Globant make its next earnings announcement?

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 (EPS) guidance of $1.52-1.62 for the period, compared to the Thomson Reuters consensus earnings per share 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.

Where is Globant's stock going? Where will Globant's stock price be in 2018?

7 Wall Street analysts have issued 12 month target prices for Globant's shares. Their predictions range from $36.00 to $54.00. On average, they expect Globant's stock price to reach $48.17 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. " (2/8/2018)
  • 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?

Who are Globant's key executives?

Globant's management team includes the folowing people:

  • Martin Migoya, Chairman of the Board, Chief Executive Officer (Age 49)
  • 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 (Age 50)
  • 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 (Age 48)

Who owns Globant stock?

Globant's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (4.30%), Standard Life Aberdeen plc (2.88%), Wasatch Advisors Inc. (2.44%), RWC Asset Management LLP (2.23%), Compass Group LLC (2.05%) and Mackenzie Financial Corp (1.67%). View Institutional Ownership Trends for Globant.

Who sold Globant stock? Who is selling Globant stock?

Globant's stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Wasatch Advisors Inc., Riverbridge Partners LLC, Goldman Sachs Group Inc., Grandeur Peak Global Advisors LLC, WCM Investment Management CA and Stephens Investment Management Group LLC. View Insider Buying and Selling for Globant.

Who bought Globant stock? Who is buying Globant stock?

Globant's stock was bought by a variety of institutional investors in the last quarter, including Compass Group LLC, Standard Life Aberdeen plc, Gilder Gagnon Howe & Co. LLC, Hood River Capital Management LLC, RWC Asset Management LLP, Millennium Management LLC, Mackenzie Financial Corp and Fred Alger Management Inc.. View Insider Buying and Selling for Globant.

How do I buy Globant stock?

Shares of Globant 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 Globant stock can currently be purchased for approximately $51.50.

How big of a company is Globant?

Globant has a market capitalization of $1.82 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 $0.87 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, 1855, Luxembourg. The information technology services provider can be reached via phone at +3524818281 or via email at [email protected]


MarketBeat Community Rating for Globant (GLOB)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  144 (Vote Outperform)
Underperform Votes:  223 (Vote Underperform)
Total Votes:  367
MarketBeat's community ratings are surveys of what our community members think about Globant 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.

Analyst Ratings

Globant (NYSE:GLOB) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.572.502.572.50
Ratings Breakdown: 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)
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)
Consensus Price Target: $48.17$46.20$44.83$44.00
Price Target Upside: 8.17% downside29.01% upside25.20% upside4.12% upside

Globant (NYSE:GLOB) Consensus Price Target History

Price Target History for Globant (NYSE:GLOB)

Globant (NYSE:GLOB) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/21/2018SunTrust BanksBoost Price TargetHold$52.00LowView Rating Details
2/20/2018JPMorgan Chase & Co.Reiterated RatingOverweight -> Overweight$50.00 -> $54.00MediumView Rating Details
11/17/2017Cantor FitzgeraldReiterated RatingNeutral$42.00 -> $36.00N/AView Rating Details
11/3/2017KeyCorpReiterated RatingHoldN/AView Rating Details
10/14/2017WedbushReiterated RatingOutperform$48.00N/AView Rating Details
10/12/2017CowenReiterated RatingBuy$50.00N/AView Rating Details
7/19/2017CitigroupBoost Price TargetBuy$42.00 -> $49.00LowView Rating Details
1/12/2017Pacific CrestUpgradeSector Weight -> Overweight$38.00N/AView Rating Details
11/16/2016Jefferies GroupLower Price TargetHold$40.00 -> $39.00N/AView Rating Details
(Data available from 2/22/2016 forward)

Earnings

Globant (NYSE:GLOB) Earnings History and Estimates Chart

Earnings by Quarter for Globant (NYSE:GLOB)

Globant (NYSE GLOB) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/17/2018        
11/16/2017Q3 2017$0.31$0.22$104.15 million$109.68 millionViewN/AView Earnings Details
8/17/20176/30/2017$0.26$0.10$95.79 million$99.60 millionViewN/AView Earnings Details
5/18/20173/31/2017$0.25$0.25$87.63 million$88.74 millionViewN/AView Earnings Details
2/16/2017Q416$0.31$0.29$85.95 million$87.30 millionViewN/AView Earnings Details
11/14/2016Q316$0.29$0.27$81.95 million$82.40 millionViewN/AView Earnings Details
8/10/2016Q216$0.28$0.29$76.81 million$79.90 millionViewListenView Earnings Details
5/9/2016Q116$0.23$0.24$69.83 million$73.30 millionViewN/AView Earnings Details
2/17/2016Q415$0.24$0.26$68.71 million$71.60 millionViewListenView Earnings Details
11/5/2015Q315$0.23$0.26$64.67 million$67.12 millionViewN/AView Earnings Details
8/13/2015Q215$0.22$0.25$59.35 million$60.60 millionViewListenView Earnings Details
5/14/2015Q115$0.16$0.22$52.22 million$54.50 millionViewListenView Earnings Details
2/11/2015Q414$0.19$0.24$53.80 million$55.10 millionViewN/AView Earnings Details
11/10/2014Q314$0.19$0.23$49.70 million$52.00 millionViewN/AView Earnings Details
8/14/2014Q214$0.18$0.20$37.40 million$49.40 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Globant (NYSE:GLOB) Earnings Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q4 20181$0.32$0.32$0.32
(Earnings estimates data provided by Zacks Investment Research)

Dividends

Dividend History for Globant (NYSE:GLOB)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Globant (NYSE GLOB)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

Globant (NYSE GLOB) News Headlines

Source:
DateHeadline
Globant SA (GLOB) Expected to Post Quarterly Sales of $112.47 MillionGlobant 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 BanksGlobant (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 BrokeragesGlobant 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 $54.00JPMorgan 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 OrganizationsGlobant 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)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 WedbushGlobant S.A. (GLOB) PT Raised to $55 at Wedbush
www.streetinsider.com - February 18 at 9:28 AM
Globant tops Street 4Q forecastsGlobant tops Street 4Q forecasts
finance.yahoo.com - February 16 at 9:31 AM
Globant Reports 2017 Full Year and Fourth Quarter Financial ResultsGlobant 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 EPSGlobant (GLOB) Releases Earnings Results, Beats Estimates By $0.13 EPS
www.americanbankingnews.com - February 16 at 12:32 AM
Globant (GLOB) Updates FY18 Earnings GuidanceGlobant (GLOB) Updates FY18 Earnings Guidance
www.americanbankingnews.com - February 15 at 5:46 PM
Globant (GLOB) Issues Q1 Earnings GuidanceGlobant (GLOB) Issues Q1 Earnings Guidance
www.americanbankingnews.com - February 15 at 5:26 PM
Zacks Investment Research Lowers Globant (GLOB) to SellZacks Investment Research Lowers Globant (GLOB) to Sell
www.americanbankingnews.com - February 9 at 12:22 AM
Globant (GLOB) Set to Announce Quarterly Earnings on ThursdayGlobant (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 InfluenceInvestor 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$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 KeyCorpQ4 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 ForecastsGlobant SA (GLOB) to Post FY2019 Earnings of $1.65 Per Share, KeyCorp Forecasts
www.americanbankingnews.com - January 31 at 3:10 PM
Globant SA (GLOB) Receives Consensus Recommendation of "Hold" from BrokeragesGlobant SA (GLOB) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - January 26 at 5:54 PM
Globant (GLOB) Downgraded by Zacks Investment Research to SellGlobant (GLOB) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - January 26 at 12:50 AM
Globant (GLOB) Upgraded to "Hold" at Zacks Investment ResearchGlobant (GLOB) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - January 21 at 5:34 PM
Globant Clears Technical Benchmark, Hitting 80-Plus RS RatingGlobant Clears Technical Benchmark, Hitting 80-Plus RS Rating
finance.yahoo.com - January 17 at 4:52 PM
Zacks: Brokerages Anticipate Globant SA (GLOB) Will Announce Earnings of $0.38 Per ShareZacks: Brokerages Anticipate Globant SA (GLOB) Will Announce Earnings of $0.38 Per Share
www.americanbankingnews.com - January 17 at 5:12 AM
Globant Collaborates with Google Cloud to Offer a Comprehensive OTT SolutionGlobant Collaborates with Google Cloud to Offer a Comprehensive OTT Solution
finance.yahoo.com - January 4 at 10:01 AM
Globant to Announce Fourth Quarter and Full Year 2017 Financial Results on February 15thGlobant to Announce Fourth Quarter and Full Year 2017 Financial Results on February 15th
finance.yahoo.com - January 3 at 4:52 PM
 Brokerages Anticipate Globant SA (GLOB) Will Post Quarterly Sales of $109.25 Million Brokerages Anticipate Globant SA (GLOB) Will Post Quarterly Sales of $109.25 Million
www.americanbankingnews.com - January 2 at 4:38 PM
Globant SA (GLOB) Receives Consensus Rating of "Hold" from BrokeragesGlobant SA (GLOB) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - January 1 at 5:38 PM
Globant Hits 80-Plus Relative Strength Rating BenchmarkGlobant Hits 80-Plus Relative Strength Rating Benchmark
finance.yahoo.com - December 20 at 4:47 PM
$0.38 Earnings Per Share Expected for Globant SA (GLOB) This Quarter$0.38 Earnings Per Share Expected for Globant SA (GLOB) This Quarter
www.americanbankingnews.com - December 14 at 9:50 AM
Globant SA breached its 50 day moving average in a Bullish Manner : GLOB-US : December 12, 2017Globant SA breached its 50 day moving average in a Bullish Manner : GLOB-US : December 12, 2017
finance.yahoo.com - December 12 at 10:32 AM
Zacks: Analysts Anticipate Globant S.A. (GLOB) to Post $0.38 EPSZacks: Analysts Anticipate Globant S.A. (GLOB) to Post $0.38 EPS
www.americanbankingnews.com - November 26 at 9:12 AM
Globant S.A. (GLOB) Rating Lowered to Strong Sell at Zacks Investment ResearchGlobant S.A. (GLOB) Rating Lowered to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - November 23 at 12:48 AM
ETFs with exposure to Globant SA : November 21, 2017ETFs with exposure to Globant SA : November 21, 2017
finance.yahoo.com - November 21 at 7:04 PM
Globant SA – Value Analysis (NYSE:GLOB) : November 21, 2017Globant SA – Value Analysis (NYSE:GLOB) : November 21, 2017
finance.yahoo.com - November 21 at 7:04 PM
Globant SA breached its 50 day moving average in a Bullish Manner : GLOB-US : November 20, 2017Globant SA breached its 50 day moving average in a Bullish Manner : GLOB-US : November 20, 2017
finance.yahoo.com - November 20 at 3:15 PM
Globant SA: Price momentum supported by strong fundamentalsGlobant SA: Price momentum supported by strong fundamentals
finance.yahoo.com - November 20 at 3:15 PM
Head to Head Review: Globant (GLOB) versus International Business Machines Corporation (IBM)Head to Head Review: Globant (GLOB) versus International Business Machines Corporation (IBM)
www.americanbankingnews.com - November 20 at 3:36 AM
Verifone Systems (PAY) & Globant (GLOB) Financial SurveyVerifone Systems (PAY) & Globant (GLOB) Financial Survey
www.americanbankingnews.com - November 19 at 3:24 AM
Globant S.A. (GLOB) Rating Reiterated by Cantor FitzgeraldGlobant S.A. (GLOB) Rating Reiterated by Cantor Fitzgerald
www.americanbankingnews.com - November 18 at 10:14 AM
Edited Transcript of GLOB earnings conference call or presentation 16-Nov-17 9:30pm GMTEdited Transcript of GLOB earnings conference call or presentation 16-Nov-17 9:30pm GMT
finance.yahoo.com - November 17 at 10:45 PM
Globant Reports 2017 Third Quarter Results - Strong Revenue Growth Driven by Increasing Demand EnvironmentGlobant Reports 2017 Third Quarter Results - Strong Revenue Growth Driven by Increasing Demand Environment
finance.yahoo.com - November 16 at 7:50 PM
Globant meets 3Q profit forecastsGlobant meets 3Q profit forecasts
finance.yahoo.com - November 16 at 7:50 PM
Globant S.A. (GLOB) Issues Q4 Earnings GuidanceGlobant S.A. (GLOB) Issues Q4 Earnings Guidance
www.americanbankingnews.com - November 16 at 5:22 PM
Globant SA to Host Earnings CallGlobant SA to Host Earnings Call
finance.yahoo.com - November 16 at 2:47 PM
Globant S.A. (GLOB) Upgraded to Hold at Zacks Investment ResearchGlobant S.A. (GLOB) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - November 16 at 12:20 AM
Globant S.A. (GLOB) Expected to Earn Q3 2017 Earnings of $0.32 Per ShareGlobant S.A. (GLOB) Expected to Earn Q3 2017 Earnings of $0.32 Per Share
www.americanbankingnews.com - November 15 at 6:56 AM
Globant to Announce Third Quarter 2017 Financial Results on November 16thGlobant to Announce Third Quarter 2017 Financial Results on November 16th
finance.yahoo.com - November 14 at 7:41 PM
Globant S.A. (GLOB) Receives Consensus Rating of "Hold" from AnalystsGlobant S.A. (GLOB) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - November 12 at 5:58 PM
$104.15 Million in Sales Expected for Globant S.A. (GLOB) This Quarter$104.15 Million in Sales Expected for Globant S.A. (GLOB) This Quarter
www.americanbankingnews.com - November 9 at 6:50 AM
Globant S.A. (GLOB) to Release Quarterly Earnings on ThursdayGlobant S.A. (GLOB) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - November 9 at 1:08 AM

SEC Filings

Globant (NYSE:GLOB) SEC Filings

This page is loading this company's SEC Filings. Please wait...

Social Media

Financials

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

Chart

Globant (NYSE GLOB) Stock Chart for Thursday, February, 22, 2018

Loading chart…

This page was last updated on 2/22/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.