NYSE:GLOB Globant - GLOB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Globant S.A. Please log in to your account or sign up in order to add this asset to your watchlist. $155.12 -0.37 (-0.24%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$151.52▼$155.1850-Day Range$148.50▼$178.2652-Week Range$144.71▼$276.76Volume496,743 shsAverage Volume410,195 shsMarket Capitalization$6.58 billionP/E Ratio44.57Dividend YieldN/APrice Target$230.11 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Globant MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside48.3% Upside$230.11 Price TargetShort InterestHealthy2.26% of Float Sold ShortDividend StrengthN/ASustainability-0.45Upright™ Environmental ScoreNews Sentiment0.49Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth25.70%From $4.63 to $5.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.82 out of 5 starsComputer And Technology Sector86th out of 604 stocksData Processing & Preparation Industry10th out of 67 stocks 3.5 Analyst's Opinion Consensus RatingGlobant has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $230.11, Globant has a forecasted upside of 48.3% from its current price of $155.12.Amount of Analyst CoverageGlobant has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.26% of the float of Globant has been sold short.Short Interest Ratio / Days to CoverGlobant has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Globant has recently increased by 11.32%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldGlobant does not currently pay a dividend.Dividend GrowthGlobant does not have a long track record of dividend growth. Previous Next 3.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGlobant has received a 47.36% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is driven by its "IT consulting services" product. See details.Environmental SustainabilityThe Environmental Impact score for Globant is -0.45. Previous Next 3.0 News and Social Media Coverage News SentimentGlobant has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Globant this week, compared to 5 articles on an average week.Search Interest16 people have searched for GLOB on MarketBeat in the last 30 days. This is an increase of 220% compared to the previous 30 days.MarketBeat Follows5 people have added Globant to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Globant insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.67% of the stock of Globant is held by insiders.Percentage Held by Institutions93.01% of the stock of Globant is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Globant are expected to grow by 25.70% in the coming year, from $4.63 to $5.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Globant is 44.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.78.Price to Earnings Ratio vs. SectorThe P/E ratio of Globant is 44.57, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 332.28.Price to Book Value per Share RatioGlobant has a P/B Ratio of 4.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Globant (NYSE:GLOB) StockGlobant SA engages in the provision of information technology services. It includes application development, testing, infrastructure management, and application maintenance. The company was founded by Martín Migoya, Martín Gonzalo Umaran, Guibert Andrés Englebienne, and Néstor Augusto Nocetti in 2003 and is headquartered in Luxembourg.Read More Receive GLOB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Globant and its competitors with MarketBeat's FREE daily newsletter. Email Address GLOB Stock News HeadlinesMarch 20, 2023 | finance.yahoo.comReturn Trends At Globant (NYSE:GLOB) Aren't AppealingMarch 19, 2023 | americanbankingnews.comGlobant S.A. (NYSE:GLOB) Receives $230.11 Consensus Price Target from BrokeragesMarch 24, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 17, 2023 | finance.yahoo.comHere’s Why Globant S.A. (GLOB) Declined in Q4March 14, 2023 | finance.yahoo.comGlobant to Hold its Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders on April 19, 2023March 5, 2023 | finance.yahoo.comGlobant (NYSE:GLOB) stock performs better than its underlying earnings growth over last five yearsMarch 1, 2023 | finance.yahoo.comGlobant Files Annual Report for 2022February 20, 2023 | finance.yahoo.comShould You Invest in Globant S.A. (GLOB) Now?March 24, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.February 20, 2023 | finance.yahoo.comHere’s Why You Should Hold Globant, S.A. (GLOB)February 19, 2023 | finance.yahoo.comIs There Now An Opportunity In Globant S.A. (NYSE:GLOB)?February 16, 2023 | finance.yahoo.comGlobant (GLOB) Q4 Earnings and Revenues Top EstimatesFebruary 16, 2023 | finance.yahoo.comGlobant Reports 2022 Fourth Quarter and Full Year Financial ResultsJanuary 31, 2023 | finance.yahoo.comGlobant's Be Kind Tech Fund Invests in Web3-Based Platform Polemix to Facilitate Discussion on Hot-Button IssuesJanuary 30, 2023 | finance.yahoo.comFollowing partnerships with La Liga, LA Clippers and FIFA+, Globant Reinforces its expertise into its Sports Reinvention Studio to provide world-class services to the sports industryJanuary 13, 2023 | finance.yahoo.comDo Options Traders Know Something About Globant (GLOB) Stock We Don't?January 10, 2023 | finance.yahoo.comGlobant acquired Vertic to consolidate its digital marketing global network and start operations in DenmarkDecember 26, 2022 | finance.yahoo.comGlobant S.A. (NYSE:GLOB) Q3 2022 Earnings Call TranscriptDecember 6, 2022 | finance.yahoo.comEXCLUSIVE INTERVIEW: Meet The Mysterious $7.3B NYSE-Traded Company Behind The World's Most Important Video GamesDecember 5, 2022 | finance.yahoo.comGlobant S.A.'s (NYSE:GLOB) Stock Is Going Strong: Have Financials A Role To Play?November 29, 2022 | finance.yahoo.comGlobant Expands Operations in Asia-Pacific and Middle EastNovember 19, 2022 | finance.yahoo.comGlobant Third Quarter 2022 Earnings: EPS Misses ExpectationsNovember 18, 2022 | finance.yahoo.comGlobant Reports 2022 Third Quarter Financial ResultsNovember 18, 2022 | finance.yahoo.comGlobant (GLOB) Tops Q3 Earnings and Revenue EstimatesNovember 17, 2022 | finance.yahoo.comGlobant acquires Asia Pacific's leading digital commerce specialist eWave, and expands its presence to Australia and AsiaNovember 15, 2022 | finance.yahoo.comGlobant Launches New Enterprise Platforms Studios to Prepare Organizations for End-to-End Digital ReinventionNovember 15, 2022 | finance.yahoo.comWhy Globant (GLOB) Might Surprise This Earnings SeasonSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GLOB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Globant and its competitors with MarketBeat's FREE daily newsletter. Email Address GLOB Company Calendar Last Earnings2/16/2023Today3/24/2023Next Earnings (Estimated)5/18/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Data processing & preparation Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:GLOB CUSIPN/A CIK1557860 Webwww.globant.com Phone(522) 030-1596FaxN/AEmployees27,122Year FoundedN/APrice Target and Rating Average Stock Price Forecast$230.11 High Stock Price Forecast$300.00 Low Stock Price Forecast$192.00 Forecasted Upside/Downside+48.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.48 Trailing P/E Ratio44.57 Forward P/E Ratio33.50 P/E GrowthN/ANet Income$148.89 million Net Margins8.36% Pretax Margin10.84% Return on Equity12.09% Return on Assets8.75% Debt Debt-to-Equity RatioN/A Current Ratio2.01 Quick Ratio2.01 Sales & Book Value Annual Sales$1.78 billion Price / Sales3.70 Cash Flow$6.76 per share Price / Cash Flow22.93 Book Value$37.15 per share Price / Book4.18Miscellaneous Outstanding Shares42,440,000Free Float41,302,000Market Cap$6.58 billion OptionableOptionable Beta1.43 Key ExecutivesMartín MigoyaChairman & Chief Executive OfficerPatricia PomiesChief Operating OfficerJuan Ignacio UrthiagueChief Financial OfficerDiego TartaraChief Technology OfficerSebastian ArriadaChief Information OfficerKey CompetitorsClarivateNYSE:CLVTDXC TechnologyNYSE:DXCFive9NASDAQ:FIVNToastNYSE:TOSTAutohomeNYSE:ATHMView All CompetitorsInstitutional OwnershipRockefeller Capital Management L.P.Bought 282 shares on 3/6/2023Ownership: 0.001%Voya Investment Management LLCBought 812 shares on 2/28/2023Ownership: 0.042%Macquarie Group Ltd.Sold 102,609 shares on 2/21/2023Ownership: 0.475%Equitable Trust Co.Sold 952 shares on 2/21/2023Ownership: 0.012%Northwestern Mutual Wealth Management Co.Bought 1,119 shares on 2/21/2023Ownership: 0.008%View All Institutional Transactions GLOB Stock - Frequently Asked Questions Should I buy or sell Globant stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GLOB shares. View GLOB analyst ratings or view top-rated stocks. What is Globant's stock price forecast for 2023? 8 analysts have issued 12 month price targets for Globant's stock. Their GLOB share price forecasts range from $192.00 to $300.00. On average, they expect the company's stock price to reach $230.11 in the next year. This suggests a possible upside of 48.3% from the stock's current price. View analysts price targets for GLOB or view top-rated stocks among Wall Street analysts. How have GLOB shares performed in 2023? Globant's stock was trading at $168.16 on January 1st, 2023. Since then, GLOB shares have decreased by 7.8% and is now trading at $155.12. View the best growth stocks for 2023 here. Are investors shorting Globant? Globant saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 922,200 shares, an increase of 11.3% from the February 13th total of 828,400 shares. Based on an average daily volume of 356,200 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.3% of the shares of the company are short sold. View Globant's Short Interest. When is Globant's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 18th 2023. View our GLOB earnings forecast. How were Globant's earnings last quarter? Globant S.A. (NYSE:GLOB) posted its quarterly earnings data on Thursday, February, 16th. The information technology services provider reported $1.12 EPS for the quarter, missing the consensus estimate of $1.14 by $0.02. The information technology services provider earned $490.72 million during the quarter, compared to analysts' expectations of $489.67 million. Globant had a net margin of 8.36% and a trailing twelve-month return on equity of 12.09%. What ETFs hold Globant's stock? ETFs with the largest weight of Globant (NYSE:GLOB) stock in their portfolio include Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), BlackRock Future Innovators ETF (BFTR), ProShares Metaverse ETF (VERS), Harbor Corporate Culture Leaders ETF (HAPY), SPDR FactSet Innovative Technology ETF (XITK), Emerge EMPWR Unified Sustainable Equity ETF (EMPW), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM). What guidance has Globant issued on next quarter's earnings? Globant issued an update on its first quarter 2023 earnings guidance on Monday, February, 20th. The company provided EPS guidance of $1.27- for the period, compared to the consensus EPS estimate of $1.35. The company issued revenue guidance of $470.00M-, compared to the consensus revenue estimate of $487.86 million. What is Martin Migoya's approval rating as Globant's CEO? 1,122 employees have rated Globant Chief Executive Officer Martin Migoya on Glassdoor.com. Martin Migoya has an approval rating of 96% among the company's employees. This puts Martin Migoya in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 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), Block (SQ), Alteryx (AYX), Baidu (BIDU), Salesforce (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." Who are Globant's major shareholders? Globant's stock is owned by a number of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (8.26%), Price T Rowe Associates Inc. MD (7.37%), Morgan Stanley (5.25%), Pendal Group Ltd (3.43%), Sands Capital Management LLC (3.34%) and Riverbridge Partners LLC (3.28%). How do I buy shares of Globant? Shares of GLOB stock 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 $155.12. How much money does Globant make? Globant (NYSE:GLOB) has a market capitalization of $6.58 billion and generates $1.78 billion in revenue each year. The information technology services provider earns $148.89 million in net income (profit) each year or $3.48 on an earnings per share basis. How many employees does Globant have? The company employs 27,122 workers across the globe. How can I contact Globant? Globant's mailing address is 37A AVENUE J.F. KENNEDY, Luxembourg N4, L-1855. The official website for the company is www.globant.com. The information technology services provider can be reached via phone at (522) 030-1596 or via email at investors@globant.com. This page (NYSE:GLOB) was last updated on 3/24/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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