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NYSE:GLOBGlobant Stock Price, Forecast & News

-6.17 (-7.83 %)
(As of 04/5/2020 04:00 PM ET)
Today's Range
Now: $72.65
50-Day Range
MA: $105.86
52-Week Range
Now: $72.65
Volume570,351 shs
Average Volume494,448 shs
Market Capitalization$2.70 billion
P/E Ratio50.80
Dividend YieldN/A
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: 4.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.77 out of 5 stars

Industry, Sector and Symbol

Industry Data processing & preparation
SectorComputer and Technology



Sales & Book Value

Annual Sales$659.33 million
Cash Flow$2.66 per share
Book Value$12.06 per share


Net Income$54.01 million


Market Cap$2.70 billion
Next Earnings Date5/14/2020 (Estimated)

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Globant (NYSE:GLOB) Frequently Asked Questions

How has Globant's stock been impacted by COVID-19 (Coronavirus)?

Globant's stock was trading at $98.18 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GLOB shares have decreased by 26.0% and is now trading at $72.65. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Globant?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 1 sell rating, 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, May 14th 2020. View our earnings forecast for Globant.

How were Globant's earnings last quarter?

Globant SA (NYSE:GLOB) announced its quarterly earnings results on Thursday, February, 20th. The information technology services provider reported $0.49 earnings per share for the quarter, meeting analysts' consensus estimates of $0.49. The information technology services provider earned $184.31 million during the quarter, compared to analyst estimates of $183.46 million. Globant had a return on equity of 16.53% and a net margin of 8.19%. View Globant's earnings history.

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

Globant updated its FY20 earnings guidance on Thursday, February, 20th. The company provided EPS guidance of at least $2.74 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.73. The company issued revenue guidance of at least $810 million, compared to the consensus revenue estimate of $809.39 million.

What price target have analysts set for GLOB?

10 brokerages have issued 1-year price objectives for Globant's shares. Their forecasts range from $80.00 to $150.00. On average, they anticipate Globant's share price to reach $121.00 in the next twelve months. This suggests a possible upside of 66.6% from the stock's current price. View analysts' price targets for Globant.

Has Globant been receiving favorable news coverage?

News headlines about GLOB stock have been trending very negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Globant earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned media headlines about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutGlobant.

Are investors shorting Globant?

Globant saw a decline in short interest in February. As of February 28th, there was short interest totaling 1,080,000 shares, a decline of 18.2% from the February 13th total of 1,320,000 shares. Based on an average trading volume of 290,400 shares, the short-interest ratio is currently 3.7 days. Approximately 3.0% of the company's stock are sold short. View Globant's Current Options Chain.

Who are some of Globant's key 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), Alibaba Group (BABA), NVIDIA (NVDA), Fortinet (FTNT), AT&T (T), Veeva Systems (VEEV), Energy Transfer LP Unit (ET), Baidu (BIDU), Walt Disney (DIS) and Innovative Industrial Properties (IIPR).

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."

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 $72.65.

How big of a company is Globant?

Globant has a market capitalization of $2.70 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. View additional information about Globant.

What is Globant's official website?

The official website for Globant is http://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 4/5/2020 by MarketBeat.com Staff

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