NYSE:GLOB

Globant Stock Forecast, Price & News

$214.72

+0.97 (+0.45 %)

(As of 02/26/2021 12:00 AM ET)

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Today's Range

$208.80

Now: $214.72▼

$216.91

50-Day Range

$192.00

MA: $214.15▼

$230.00

52-Week Range

$70.83

Now: $214.72▼

$244.72

Volume231,235 shs

Average Volume201,141 shs

Market Capitalization$7.97 billion

P/E Ratio170.41

Dividend YieldN/A

Beta1.24

Globant S.A. operates as a technology services company worldwide. The company offers machine learning, pattern recognition, and natural language understanding services. It also provides process appraisal, automated, process evolution, delivery management, agile consultancy, management consulting, user experience, visual and service design, industrial design, consultancy, fast prototyping, app evolution, platform integration, and hardware integration 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, mission critical, data integration, data visualization, and blockchain services. Further, it provides Internet of Things experience and consultancy, platform, hardware integration, content management system, digital marketing, OTT, and Cloud Ops Studio services. Additionally, the company offers functional testing, load and performance testing, mobile testing, test automation, 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 also provides biological and technological solutions to healthcare, agriculture, and pharmaceutical organizations. The company serves medium-to large-sized companies operating in media and entertainment, professional services, technology and telecommunications, travel and hospitality, banks, financial services and insurance, consumer, 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.

Headlines

Globant Files Annual Report for 2020 - Yahoo Finance
February 27, 2021 | finance.yahoo.com

Globant Files Annual Report for 2020
February 26, 2021 | finance.yahoo.com

What Is Powering Endava's Top-Line Growth?
February 24, 2021 | finance.yahoo.com

Globant Research Shows Four Ways To Thrive In The Future Of Work - Forbes
February 22, 2021 | forbes.com

Globant S.A. (NYSE:GLOB) Released Earnings Last Week And Analysts Lifted Their Price Target To US$218 - Yahoo Finance
February 21, 2021 | finance.yahoo.com

Globant S.A. (NYSE:GLOB) Just Reported And Analysts Have Been Lifting Their Price Targets - Nasdaq
February 21, 2021 | nasdaq.com

Globant S.A. (NYSE:GLOB) Released Earnings Last Week And Analysts Lifted Their Price Target To US$218
February 21, 2021 | finance.yahoo.com

Edited Transcript of GLOB.N earnings conference call or presentation 18-Feb-21 9:30pm GMT - Yahoo Finance
February 19, 2021 | finance.yahoo.com

Globant SA (GLOB) Q4 2020 Earnings Call Transcript - Motley Fool
February 19, 2021 | fool.com

CIO Leadership: Fostering a High-Performing Culture Will Lead the Discussion at HMG Strategy's Upcoming 2021 HMG Live! New Jersey CIO Executive Leadership Summit - StreetInsider.com
February 19, 2021 | streetinsider.com

Globant (GLOB) Q4 Earnings and Revenues Beat Estimates - Nasdaq
February 19, 2021 | nasdaq.com

Globant S.A. (GLOB) CEO Martín Migoya on Q4 2020 Results - Earnings Call Transcript - Seeking Alpha
February 19, 2021 | seekingalpha.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Data processing & preparation

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:GLOB

Previous Symbol

CUSIPN/A

CIK1557860

Webwww.globant.com

Phone352-2030-1596

Employees14,340

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.09

Current Ratio3.44

Quick Ratio3.44

Price-To-Earnings

Trailing P/E Ratio170.41

Forward P/E Ratio122.00

P/E GrowthN/A

Sales & Book Value

Annual Sales$659.33 million

Price / Sales12.08

Cash Flow$2.91 per share

Price / Cash Flow73.68

Book Value$12.06 per share

Price / Book17.80

Profitability

EPS (Most Recent Fiscal Year)$1.76

Net Income$54.01 million

Net Margins6.40%

Return on Equity10.92%

Return on Assets7.42%

Miscellaneous

Outstanding Shares37,102,000

Market Cap$7.97 billion

Next Earnings Date5/13/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.60 out of 5 stars

Computer And Technology Sector

269th out of 1,523 stocks

Data Processing & Preparation Industry

21st out of 100 stocks

2.3 Analyst's Opinion

Consensus Rating
Globant has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $220.71, Globant has a forecasted upside of 2.8% from its current price of $214.72.
Amount of Analyst Coverage
Globant has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
Globant has received 299 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Globant has received 367 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Globant has received 55.11% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Globant and other stocks. Vote “Outperform” if you believe GLOB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GLOB will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Globant does not currently pay a dividend.
Dividend Growth
Globant does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Globant insiders have not sold or bought any company stock.
Percentage Held by Institutions
89.97% of the stock of Globant is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Globant are expected to grow by 34.66% in the coming year, from $1.76 to $2.37 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Globant is 170.41, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 32.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Globant is 170.41, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 69.79.
Price to Book Value per Share Ratio
Globant has a P/B Ratio of 17.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$214.72

+0.97 (+0.45 %)

(As of 02/26/2021 12:00 AM ET)

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Globant (NYSE:GLOB) Frequently Asked Questions

Is Globant a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Globant stock.
View analyst ratings for Globant or view top-rated stocks.

What stocks does MarketBeat like better than Globant?

Wall Street analysts have given Globant a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Globant wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Globant's next earnings date?

Globant is scheduled to release its next quarterly earnings announcement on Thursday, May 13th 2021.
View our earnings forecast for Globant.

How were Globant's earnings last quarter?

Globant S.A. (NYSE:GLOB) issued its quarterly earnings results on Thursday, February, 18th. The information technology services provider reported $0.70 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.20. Globant had a net margin of 6.40% and a trailing twelve-month return on equity of 10.92%.
View Globant's earnings history.

How has Globant's stock price 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 (WHO). Since then, GLOB shares have increased by 118.7% and is now trading at $214.72.
View which stocks have been most impacted by COVID-19.

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

Globant updated its FY 2021 After-Hours earnings guidance on Thursday, February, 18th. The company provided earnings per share (EPS) guidance of 3.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.09. The company issued revenue guidance of $1.047 billion, compared to the consensus revenue estimate of $1.02 billion.

What price target have analysts set for GLOB?

8 brokerages have issued 12 month price objectives for Globant's stock. Their forecasts range from $165.00 to $240.00. On average, they expect Globant's stock price to reach $220.71 in the next year. This suggests a possible upside of 2.8% from the stock's current price.
View analysts' price targets for Globant or view top-rated stocks among Wall Street analysts.

Who are Globant's key executives?

Globant's management team includes the following people:

Mr. MartÃn Migoya, Co-founder, Chairman, CEO & Pres (Age 53)
Mr. MartÃn Gonzalo Umaran, Co-Founder, Chief of Staff & Director (Age 53)
Mr. Juan Ignacio Urthiague, CFO & Investor Relations Officer
Ms. Vivian Sauksteliskis, VP of Operations
Ms. Yanina Maria Conti, Chief Accounting Officer
Mr. Gustavo A. Barreiro, Chief Information Officer
Ms. Sol Mariel Noello, Gen. Counsel
Francisco Michref, Public Affairs & Sustainability Mang.

What is Martin Migoya's approval rating as Globant's CEO?

1,122 employees have rated Globant CEO Martin Migoya on Glassdoor.com. Martin Migoya has an approval rating of 96% among Globant's employees. This puts Martin Migoya in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Globant's key competitors?

Some companies that are related to Globant include Verisk Analytics (VRSK), StoneCo (STNE), PagSeguro Digital (PAGS), Clarivate (CCC), GoodRx (GDRX), Zendesk (ZEN), Autohome (ATHM), Five9 (FIVN), Zynga (ZNGA), Pegasystems (PEGA), JOYY (YY), Change Healthcare (CHNG), Proofpoint (PFPT), CoreLogic (CLGX) and Upwork (UPWK).
View all of GLOB's 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), NVIDIA (NVDA), Alibaba Group (BABA), Square (SQ), Alteryx (AYX), Baidu (BIDU), salesforce.com (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 BlackRock Inc. (11.35%), Morgan Stanley (4.45%), Itau Unibanco Holding S.A. (4.34%), Riverbridge Partners LLC (4.29%), JPMorgan Chase & Co. (3.52%) and Fisher Asset Management LLC (3.09%).

Which major investors are selling Globant stock?

GLOB stock was sold by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Bank of New York Mellon Corp, Compass Group LLC, Dimensional Fund Advisors LP, Sei Investments Co., Stephens Investment Management Group LLC, Teacher Retirement System of Texas, and Itau Unibanco Holding S.A..

Which major investors are buying Globant stock?

GLOB stock was acquired by a variety of institutional investors in the last quarter, including Itau Unibanco Holding S.A., BlackRock Inc., Thornburg Investment Management Inc., Riverbridge Partners LLC, Sands Capital Management LLC, Wells Fargo & Company MN, Nuveen Asset Management LLC, and Jennison Associates LLC.

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 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 $214.72.

How much money does Globant make?

Globant has a market capitalization of $7.97 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.

How many employees does Globant have?

Globant employs 14,340 workers across the globe.

What is Globant's official website?

The official website for Globant is www.globant.com.

Where are Globant's headquarters?

Globant is headquartered at 37A AVENUE J.F. KENNEDY, Luxembourg N4, L-1855.

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 2/28/2021 by MarketBeat.com Staff

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