Globant S.A. is a digitally native technology services company. The Company's principal operating subsidiary is based in Buenos Aires, Argentina. During the year ended December 31, 2015, 83.7% of its revenues were generated by clients in North America, 11.0% in Latin America and Asia, and 5.3% in Europe. It builds digital journeys, which consists of different software products, including mobile apps, Web apps, sensors and other software and hardware appliances that work orchestrated by a backend that uses big data and fast data to create a understanding of each consumer and how to act upon each scenario. The Company delivers digital journeys with a comprehensive approach that includes Stay Relevant, which helps its customers stay fit for the future of their industries; Discover, which think and conceive specific digital journeys for each customer; Build, which creates each digital journey leveraging the work of its Studios, its services over platforms and its agile pods methodologies.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: IT Services & Consulting - NEC
- Sub-Industry: N/A
- Symbol: NYSE:GLOB
- CUSIP: N/A
- Web: www.globant.com
- Market Cap: $1.61737 billion
- Outstanding Shares: 34,700,000
- 50 Day Moving Avg: $43.09
- 200 Day Moving Avg: $37.72
- 52 Week Range: $30.90 - $47.51
Sales & Book Value:
- Trailing P/E Ratio: 45.96
- Foreward P/E Ratio: 31.99
- P/E Growth: 1.75
- Annual Revenue: $338.27 million
- Price / Sales: 4.86
- Book Value: $6.36 per share
- Price / Book: 7.44
- EBIDTA: $56.56 million
- Net Margins: 11.13%
- Return on Equity: 18.60%
- Return on Assets: 13.68%
- Current Ratio: 2.12%
- Quick Ratio: 2.12%
- Average Volume: 318,883 shs.
- Beta: 0.85
- Short Ratio: 8.57
Frequently Asked Questions for Globant S.A. (NYSE:GLOB)
What is Globant S.A.'s stock symbol?
Globant S.A. trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLOB."
How were Globant S.A.'s earnings last quarter?
Globant S.A. (NYSE:GLOB) released its quarterly earnings results on Thursday, May, 18th. The company reported $0.25 earnings per share for the quarter, hitting analysts' consensus estimates of $0.25. The business earned $88.74 million during the quarter, compared to the consensus estimate of $87.63 million. Globant S.A. had a net margin of 11.13% and a return on equity of 18.60%. The business's quarterly revenue was up 21.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.24 earnings per share. View Globant S.A.'s Earnings History.
When will Globant S.A. make its next earnings announcement?
What guidance has Globant S.A. issued on next quarter's earnings?
Globant S.A. issued an update on its FY17 earnings guidance on Thursday, May, 18th. The company provided EPS guidance of $1.22-1.30 for the period, compared to the Thomson Reuters consensus estimate of $1.35. The company issued revenue guidance of $386-394 million, compared to the consensus revenue estimate of $390.25 million.Globant S.A. also updated its Q2 guidance to $0.26-0.28 EPS.
Where is Globant S.A.'s stock going? Where will Globant S.A.'s stock price be in 2017?
6 analysts have issued 1 year target prices for Globant S.A.'s stock. Their forecasts range from $36.00 to $49.00. On average, they expect Globant S.A.'s share price to reach $42.50 in the next twelve months. View Analyst Ratings for Globant S.A..
What are analysts saying about Globant S.A. stock?
Here are some recent quotes from research analysts about Globant S.A. stock:
- 1. Cantor Fitzgerald analysts commented, "Foresi’s Take. The growth outlook remains positive, as quarterly top-line results were above expectations again and management raised 2017 revenue guidance. EPS was in line with Street expectations, but 2017 EPS guidance was lowered due to further currency pressure on margins as inflation in delivery center locations remains high, driving wage expenses higher." (5/19/2017)
- 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. " (1/17/2017)
Who are some of Globant S.A.'s key competitors?
Some companies that are related to Globant S.A. include CACI International (CACI), NetScout Systems (NTCT), SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC), Manhattan Associates (MANH), Black Knight Financial Services (BKFS), ACI Worldwide (ACIW), Verint Systems (VRNT), 2U (TWOU), Verifone Systems (PAY), Sophos Group PLC (SOPH), Acxiom Corporation (ACXM), TeleTech Holdings (TTEC), Inovalon Holdings (INOV), Baozun (BZUN), Imperva (IMPV), Syntel (SYNT), ManTech International Corporation (MANT) and Insight Enterprises (NSIT).
Who are Globant S.A.'s key executives?
Globant S.A.'s management team includes the folowing people:
- Martin Migoya, Chairman of the Board, Chief Executive Officer
- Alejandro Scannapieco, Chief Financial Officer
- Guillermo Marsicovetere, Chief Operating Officer
- Nestor Augusto Nocetti, Executive Vice President - Corporate Affairs
- Guibert Andres Englebienne, Chief Technology Officer(Global), Director
- Natalia Kanefsck, Chief Accounting Officer
- Gustavo Barreiro MBA, Chief Information Officer
- Patrici Pablo Rojo, General Counsel
- Wanda Weigert, Director - Communications and Marketing
- Martin Gonzalo Umaran, Chief of Staff, Director
Who owns Globant S.A. stock?
Globant S.A.'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (2.86%), Russell Investments Group Ltd. (0.77%), Boston Advisors LLC (0.06%), Fisher Asset Management LLC (0.05%), US Bancorp DE (0.02%) and Eqis Capital Management Inc. (0.01%). View Institutional Ownership Trends for Globant S.A..
Who sold Globant S.A. stock? Who is selling Globant S.A. stock?
Who bought Globant S.A. stock? Who is buying Globant S.A. stock?
Globant S.A.'s stock was acquired by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, US Bancorp DE, Fisher Asset Management LLC, Eqis Capital Management Inc. and Bank of Montreal Can. View Insider Buying and Selling for Globant S.A..
How do I buy Globant S.A. stock?
Shares of Globant S.A. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Globant S.A.'s stock price today?
MarketBeat Community Rating for Globant S.A. (NYSE GLOB)MarketBeat's community ratings are surveys of what our community members think about Globant S.A. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Globant S.A. stock can currently be purchased for approximately $47.34.
Consensus Ratings for Globant S.A. (NYSE:GLOB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$42.50 (10.22% downside)|
Analysts' Ratings History for Globant S.A. (NYSE:GLOB)
(Data available from 7/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/19/2017||Citigroup Inc.||Boost Price Target||Buy||$42.00 -> $49.00||Low|
|5/19/2017||Cantor Fitzgerald||Reiterated Rating||Hold||$36.00||High|
|1/12/2017||Pacific Crest||Upgrade||Sector Weight -> Overweight||$38.00||N/A|
|11/16/2016||Jefferies Group LLC||Lower Price Target||Hold||$40.00 -> $39.00||N/A|
|8/11/2016||J P Morgan Chase & Co||Boost Price Target||Overweight||$43.00 -> $45.00||N/A|
|2/8/2016||BWS Financial||Initiated Coverage||Sell||$16.00||N/A|
|12/21/2015||SunTrust Banks, Inc.||Initiated Coverage||Buy||$42.00||N/A|
|12/17/2015||Sterne Agee CRT||Initiated Coverage||Buy||$42.00||N/A|
|11/24/2015||William Blair||Reiterated Rating||Outperform||N/A|
Earnings History for Globant S.A. (NYSE:GLOB)Earnings History by Quarter for Globant S.A. (NYSE GLOB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/18/2017||3/31/2017||$0.25||$0.25||$87.63 million||$88.74 million||View||N/A|
|2/16/2017||Q416||$0.31||$0.29||$85.95 million||$87.30 million||View||N/A|
|11/14/2016||Q316||$0.29||$0.27||$81.95 million||$82.40 million||View||N/A|
|8/10/2016||Q216||$0.28||$0.29||$76.81 million||$79.90 million||View||Listen|
|5/9/2016||Q116||$0.23||$0.24||$69.83 million||$73.30 million||View||N/A|
|2/17/2016||Q415||$0.24||$0.26||$68.71 million||$71.60 million||View||Listen|
|11/5/2015||Q315||$0.23||$0.26||$64.67 million||$67.12 million||View||N/A|
|8/13/2015||Q215||$0.22||$0.25||$59.35 million||$60.60 million||View||Listen|
|5/14/2015||Q115||$0.16||$0.22||$52.22 million||$54.50 million||View||Listen|
|2/11/2015||Q414||$0.19||$0.24||$53.80 million||$55.10 million||View||N/A|
|11/10/2014||Q314||$0.19||$0.23||$49.70 million||$52.00 million||View||N/A|
|8/14/2014||Q214||$0.18||$0.20||$37.40 million||$49.40 million||View||N/A|
Earnings Estimates for Globant S.A. (NYSE:GLOB)
Current Year EPS Consensus Estimate: $1.16 EPS
Next Year EPS Consensus Estimate: $1.48 EPS
Dividend History for Globant S.A. (NYSE:GLOB)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Globant S.A. (NYSE:GLOB)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Globant S.A. (NYSE:GLOB)
Latest Headlines for Globant S.A. (NYSE:GLOB)
|New Strong Sell Stocks for July 26th|
finance.yahoo.com - July 26 at 7:38 PM
|Citigroup Inc. Boosts Globant S.A. (NYSE:GLOB) Price Target to $49.00|
www.americanbankingnews.com - July 19 at 10:52 AM
|Globant S.A. (NYSE:GLOB) Expected to Post Quarterly Sales of $95.37 Million|
www.americanbankingnews.com - July 16 at 8:58 AM
|Globant S.A. (NYSE:GLOB) Expected to Post Earnings of $0.26 Per Share|
www.americanbankingnews.com - July 14 at 11:32 AM
|Globant SA breached its 50 day moving average in a Bearish Manner : GLOB-US : July 11, 2017|
finance.yahoo.com - July 11 at 8:13 PM
|Globant S.A. (NYSE:GLOB) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - July 10 at 8:52 PM
|ETFs with exposure to Globant SA : July 6, 2017|
finance.yahoo.com - July 6 at 9:00 PM
|Globant SA :GLOB-US: Earnings Analysis: Q1, 2017 By the Numbers : July 5, 2017|
finance.yahoo.com - July 5 at 7:44 PM
|Globant to Announce Second Quarter 2017 Financial Results on August 17th|
finance.yahoo.com - July 5 at 7:44 PM
|$95.62 Million in Sales Expected for Globant S.A. (GLOB) This Quarter|
www.americanbankingnews.com - June 22 at 11:58 AM
| Analysts Expect Globant S.A. (GLOB) to Post $0.28 Earnings Per Share|
www.americanbankingnews.com - June 20 at 8:16 AM
|Globant S.A. (GLOB) Given Consensus Rating of "Hold" by Analysts|
www.americanbankingnews.com - June 13 at 6:43 PM
|Globant SA (GLOB) vs. Guidance Software (GUID) Head to Head Comparison|
www.americanbankingnews.com - June 10 at 7:38 AM
|New Strong Sell Stocks for June 9th|
finance.yahoo.com - June 9 at 10:12 AM
|Earnings Highlights and Review: Globant's Q1 Top-line Rose 21% Y-o-Y; Beat Estimates|
finance.yahoo.com - June 7 at 10:55 AM
|Globant buys Raleigh's PointSource in deal worth up to $28 million|
finance.yahoo.com - June 1 at 11:14 PM
|Globant Acquires PointSource to reinforce its focus in digital transformation|
finance.yahoo.com - June 1 at 6:14 PM
|Globant Scores Multiple Awards for StarmeUp, Rooster Teeth & SCCA Apps|
finance.yahoo.com - May 23 at 5:04 PM
|Globant SA (GLOB) Receives Average Rating of "Hold" from Analysts|
www.americanbankingnews.com - May 19 at 7:30 PM
|Globant SA (GLOB) Releases Quarterly Earnings Results, Hits Estimates|
www.americanbankingnews.com - May 19 at 9:23 AM
|Globant SA (GLOB) Receives Hold Rating from Cantor Fitzgerald|
www.americanbankingnews.com - May 19 at 8:26 AM
|Globant Reports 2017 First Quarter Financial Results|
finance.yahoo.com - May 19 at 8:02 AM
|Globant meets 1Q profit forecasts|
finance.yahoo.com - May 19 at 8:02 AM
|Globant SA (GLOB) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - May 18 at 5:28 PM
|Globant SA (GLOB) Releases Q2 Earnings Guidance|
www.americanbankingnews.com - May 18 at 5:28 PM
|Globant Breaks Above 200-Day Moving Average - Bullish for GLOB|
www.nasdaq.com - May 16 at 5:22 PM
|Globant SA (GLOB) Receiving Somewhat Favorable Media Coverage, Study Shows|
www.americanbankingnews.com - May 4 at 5:12 PM
|Globant to Announce First Quarter 2017 Financial Results on May 18th|
finance.yahoo.com - May 3 at 7:50 PM
|Globant SA (GLOB) Expected to Announce Quarterly Sales of $87.74 Million|
www.americanbankingnews.com - May 3 at 12:33 PM
|Zacks: Analysts Anticipate Globant SA (GLOB) Will Announce Earnings of $0.25 Per Share|
www.americanbankingnews.com - May 2 at 12:06 AM
|Somewhat Critical Media Coverage Extremely Unlikely to Impact Globant SA (GLOB) Share Price|
www.americanbankingnews.com - April 30 at 3:04 PM
|Globant SA – Value Analysis (NYSE:GLOB) : April 28, 2017|
finance.yahoo.com - April 28 at 6:30 PM
|Globant SA (GLOB) Earning Positive News Coverage, Report Finds|
www.americanbankingnews.com - April 28 at 12:06 AM
|Globant SA breached its 50 day moving average in a Bullish Manner : GLOB-US : April 27, 2017|
finance.yahoo.com - April 27 at 6:03 PM
|Globant SA (GLOB) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - April 24 at 9:44 PM
|Globant SA (GLOB) Given Media Sentiment Score of 0.56|
www.americanbankingnews.com - April 24 at 12:55 PM
|Globant SA (GLOB) Given Daily News Sentiment Score of 0.01|
www.americanbankingnews.com - April 21 at 3:55 PM
|Globant SA (GLOB) Expected to Announce Earnings of $0.25 Per Share|
www.americanbankingnews.com - April 10 at 8:28 PM
|Globant Files 2016 Annual Report and Announces Shareholders ... - PR Newswire (press release)|
www.prnewswire.com - April 8 at 9:29 AM
|Globant Files 2016 Annual Report and Announces Shareholders' General Meetings|
finance.yahoo.com - April 7 at 5:23 PM
|Globant SA breached its 50 day moving average in a Bearish Manner : GLOB-US : April 6, 2017|
finance.yahoo.com - April 7 at 10:03 AM
|Venezuelan TV Giant Cisneros Said to Go Shopping in Argentina|
www.bloomberg.com - April 1 at 12:58 PM
|Globant SA (GLOB) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - March 29 at 12:55 PM
|Globant SA (GLOB) Lifted to B- at TheStreet|
www.americanbankingnews.com - March 21 at 1:52 PM
|Globant Acquires Ratio, Delivers on US Footprint Growth Strategy|
us.rd.yahoo.com - March 1 at 10:08 PM
|Globant Recognized as a Leader in Digital Customer Experience by IDC MarketScape|
finance.yahoo.com - February 22 at 12:22 PM
|Globant SA (GLOB) PT Lowered to $36 at Cantor Fitzgerald Following 4Q Results - StreetInsider.com|
www.streetinsider.com - February 17 at 4:01 PM
|Globant's (GLOB) CEO Martin Migoya on Q4 2016 Results - Earnings Call Transcript|
seekingalpha.com - February 17 at 8:52 AM
|Edited Transcript of GLOB earnings conference call or presentation 16-Feb-17 9:30pm GMT|
finance.yahoo.com - February 17 at 8:52 AM
|4:22 pm Globant reports EPS in-line, beats on revs; guides Q1 EPS below consensus, revs below consensus; guides FY17 EPS below consensus, revs in-line|
us.rd.yahoo.com - February 16 at 10:23 PM
Globant S.A. (GLOB) Chart for Thursday, July, 27, 2017