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

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

Globant SA (NYSE:GLOB) issued its quarterly earnings data on Thursday, May, 10th. The information technology services provider reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.04. The information technology services provider earned $119.70 million during the quarter, compared to analysts' expectations of $113.96 million. Globant had a net margin of 7.32% and a return on equity of 13.11%. The business's revenue was up 34.9% on a year-over-year basis. During the same period last year, the company posted $0.27 EPS. View Globant's Earnings History.

Globant is scheduled to release their next quarterly earnings announcement on Thursday, August, 16th 2018. View Earnings Estimates for Globant.

Globant issued an update on its FY18 earnings guidance on Thursday, May, 10th. The company provided EPS guidance of $1.56-1.64 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.58. The company issued revenue guidance of $502-510 million, compared to the consensus revenue estimate of $504.20 million.Globant also updated its Q2 guidance to $0.36-0.40 EPS.

8 analysts have issued 12 month price objectives for Globant's shares. Their predictions range from $36.00 to $65.00. On average, they expect Globant's share price to reach $50.5714 in the next twelve months. View Analyst Ratings for Globant.

Some companies that are related to Globant include YY (YY), Proofpoint (PFPT), Zendesk (ZEN), RingCentral (RNG), DST Systems (DST), Bilibili (BILI), Pegasystems (PEGA), Corelogic (CLGX), PagSeguro Digital (PAGS), CarGurus (CARG), Zynga (ZNGA), Smartsheet (SMAR), Acxiom (ACXM), Cars.com (CARS) and Five9 (FIVN).

News coverage about GLOB stock has been trending somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Globant earned a news sentiment score of 0.17 on Accern's scale. They also gave news coverage about the information technology services provider an impact score of 44.64 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Globant's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (5.03%), RWC Asset Management LLP (3.59%), Wasatch Advisors Inc. (3.15%), OppenheimerFunds Inc. (1.69%), Massachusetts Financial Services Co. MA (1.47%) and Hood River Capital Management LLC (1.20%). View Institutional Ownership Trends for Globant.

GLOB stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, JPMorgan Chase & Co., Gluskin Sheff & Assoc Inc., Massachusetts Financial Services Co. MA, Thornburg Investment Management Inc., Envestnet Asset Management Inc., Fullerton Fund Management Co Ltd and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for Globant.

GLOB stock was purchased by a variety of institutional investors in the last quarter, including RWC Asset Management LLP, Wasatch Advisors Inc., Royal Bank of Canada, Tygh Capital Management Inc., Amundi Pioneer Asset Management Inc., Russell Investments Group Ltd., OppenheimerFunds Inc. and Hood River Capital Management LLC. View Insider Buying and Selling for 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.

One share of GLOB stock can currently be purchased for approximately $55.62.

Globant has a market capitalization of $2.03 billion and generates $413.44 million in revenue each year. The information technology services provider earns $30.53 million in net income (profit) each year or $0.88 on an earnings per share basis. Globant employs 5,631 workers across the globe.

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 investor[email protected]