NYSE:GLOB - Globant Stock Price, News, & Analysis

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$71.23 +0.45 (+0.64 %)
(As of 02/20/2019 03:10 AM ET)
Previous Close$70.78
Today's Range$70.78 - $72.86
52-Week Range$43.29 - $73.00
Volume336,680 shs
Average Volume247,942 shs
Market Capitalization$2.56 billion
P/E Ratio80.94
Dividend YieldN/A
Beta0.96
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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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:GLOB
Previous Symbol
CUSIPN/A
Webwww.globant.com
Phone352-2030-1596

Debt

Debt-to-Equity RatioN/A
Current Ratio2.37
Quick Ratio2.37

Price-To-Earnings

Trailing P/E Ratio80.94
Forward P/E Ratio48.13
P/E GrowthN/A

Sales & Book Value

Annual Sales$413.44 million
Price / Sales6.18
Cash Flow$1.4158 per share
Price / Cash Flow50.31
Book Value$7.50 per share
Price / Book9.50

Profitability

EPS (Most Recent Fiscal Year)$0.88
Net Income$30.53 million
Net Margins10.53%
Return on Equity16.03%
Return on Assets12.37%

Miscellaneous

Employees6,753
Outstanding Shares35,893,000
Market Cap$2.56 billion
OptionableOptionable

Globant (NYSE:GLOB) Frequently Asked Questions

What is Globant's stock symbol?

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

How were Globant's earnings last quarter?

Globant SA (NYSE:GLOB) announced its quarterly earnings results on Thursday, February, 14th. The information technology services provider reported $0.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.39 by $0.02. The information technology services provider earned $140.14 million during the quarter, compared to the consensus estimate of $139.32 million. Globant had a return on equity of 16.03% and a net margin of 10.53%. Globant's revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.39 earnings per share. View Globant's Earnings History.

When is Globant's next earnings date?

Globant is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Globant.

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

Globant issued an update on its FY19 earnings guidance on Thursday, February, 14th. The company provided earnings per share (EPS) guidance of $2.10-2.20 for the period, compared to the Thomson Reuters consensus estimate of $2.09. The company issued revenue guidance of $635-645 million, compared to the consensus revenue estimate of $627.32 million.Globant also updated its Q1 guidance to $0.45-0.49 EPS.

What price target have analysts set for GLOB?

8 equities research analysts have issued 12-month target prices for Globant's stock. Their forecasts range from $48.00 to $75.00. On average, they anticipate Globant's stock price to reach $65.7143 in the next twelve months. This suggests that the stock has a possible downside of 7.7%. View Analyst Price Targets for Globant.

What is the consensus analysts' recommendation for Globant?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Globant.

What are Wall Street analysts saying about Globant stock?

Here are some recent quotes from research analysts about Globant stock:
  • 1. Cantor Fitzgerald analysts commented, ". We maintain our Neutral rating and raise our 12-month PT to $67 from $57 on shares of GLOB. We continue to look for a more-favorable risk/ reward. The company reported strong top-line quarterly results as its high potential accounts performed well, and it issued 2019 revenue and EPS guidance. Management believes SG&A leverage will continue to have a positive effect on margins, but may be slower than usual in 2019. We like Globant’s positioning at the heart of the digital movement and continue to look for an opportunity to become more constructive." (2/15/2019)
  • 2. According to Zacks Investment Research, "Globant S.A. is a technology services provider. The Company provides engineering, design, and innovation services for clients. Globant offers content management systems; and e-commerce applications. It is also involved in the provision of data management solutions; and quality assurance engagement strategy, mobile testing, test automation, load and performance testing, and game testing services. It provides various software solutions primarily in North America, Europe, Latin America, and internationally. Globant S.A. is based in Luxembourg. " (1/16/2019)

Has Globant been receiving favorable news coverage?

Press coverage about GLOB stock has been trending somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Globant earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media coverage about the information technology services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Globant's key competitors?

Who are Globant's key executives?

Globant's management team includes the folowing people:
  • Mr. Martín Migoya, Chairman, CEO & Pres (Age 50)
  • Mr. Guibert Andrés Englebienne, CTO & Director (Age 52)
  • Mr. Martín Gonzalo Umaran, Chief of Staff & Director (Age 50)
  • Mr. Néstor Nocetti, Co-Founder & Exec. VP of Corp. Affairs
  • Mr. Juan Urthiague, CFO & Investor Relations Officer

Who are Globant's major shareholders?

Globant's stock is owned by many different of institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (4.43%), Compass Group LLC (2.24%), Standard Life Aberdeen plc (2.20%), Mackenzie Financial Corp (1.74%), Bank of New York Mellon Corp (1.60%) and Dimensional Fund Advisors LP (1.39%).

Which major investors are selling Globant stock?

GLOB stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Compass Group LLC, Riverbridge Partners LLC, D. E. Shaw & Co. Inc., Standard Life Aberdeen plc, Baker Avenue Asset Management LP, Two Sigma Advisers LP and Barclays PLC.

Which major investors are buying Globant stock?

GLOB stock was acquired by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Bank of New York Mellon Corp, Dimensional Fund Advisors LP, PNC Financial Services Group Inc., BlackRock Inc., Gotham Asset Management LLC, Globeflex Capital L P and Victory Capital Management Inc..

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, Scottrade, Fidelity and Charles Schwab.

What is Globant's stock price today?

One share of GLOB stock can currently be purchased for approximately $71.23.

How big of a company is Globant?

Globant has a market capitalization of $2.56 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 6,753 workers across the globe.

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]


MarketBeat Community Rating for Globant (NYSE GLOB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  230 (Vote Outperform)
Underperform Votes:  295 (Vote Underperform)
Total Votes:  525
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.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

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