NYSE:GLOB - Globant Stock Price, Forecast & News

Globant's stock was trading at $98.18 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GLOB shares have decreased by 9.6% and is now trading at $88.80. View which stocks have been mosted impacted by Coronavirus.

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.

Globant is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Globant.

Globant SA (NYSE:GLOB) released its quarterly earnings results on Thursday, November, 14th. The information technology services provider reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.13. The information technology services provider earned $171.33 million during the quarter, compared to the consensus estimate of $171.32 million. Globant had a return on equity of 16.53% and a net margin of 8.19%. The company's revenue was up 27.3% compared to the same quarter last year. During the same period last year, the company earned $0.46 EPS. View Globant's earnings history.

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 earnings per share estimate of $2.73. The company issued revenue guidance of at least $810 million, compared to the consensus revenue estimate of $809.39 million.

10 Wall Street analysts have issued 1-year target prices for Globant's stock. Their forecasts range from $80.00 to $150.00. On average, they anticipate Globant's share price to reach $121.00 in the next year. This suggests a possible upside of 36.3% from the stock's current price. View analysts' price targets for Globant.

News coverage about GLOB stock has been trending very negative on Tuesday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by monitoring 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 five, with scores nearest to five being the most favorable. Globant earned a media sentiment score of -3.7 on InfoTrie's scale. They also assigned news headlines about the information technology services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutGlobant.

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

Some companies that are related to Globant include Autohome (ATHM), Clarivate Analytics (CCC), Zendesk (ZEN), StoneCo (STNE), Zynga (ZNGA), Bilibili (BILI), PagSeguro Digital (PAGS), Proofpoint (PFPT), Pegasystems (PEGA), Five9 (FIVN), YY (YY), DXC Technology (DXC), Corelogic (CLGX), Inovalon (INOV) and LiveRamp (RAMP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Globant investors own include General Electric (GE), Alibaba Group (BABA), NVIDIA (NVDA), AT&T (T), Fortinet (FTNT), Veeva Systems (VEEV), Energy Transfer LP Unit (ET), Verizon Communications (VZ), Skyworks Solutions (SWKS) and Walt Disney (DIS).

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

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.

One share of GLOB stock can currently be purchased for approximately $88.80.

Globant has a market capitalization of $3.29 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.

The official website for Globant is http://www.globant.com/.

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]