NYSE:GLOB - Globant Stock Price, News & Analysis

$96.82
+3.19 (+3.41 %)
(As of 08/23/2019 06:03 AM ET)
Today's Range
$92.27
Now: $96.82
$97.61
50-Day Range
$90.50
MA: $104.97
$112.00
52-Week Range
$46.30
Now: $96.82
$112.33
Volume460,600 shs
Average Volume377,547 shs
Market Capitalization$3.52 billion
P/E Ratio57.56
Dividend YieldN/A
Beta0.84
Globant SA, 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. Read More…

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone352-2030-1596

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$522.31 million
Cash Flow$2.1463 per share
Book Value$10.68 per share

Profitability

Net Income$51.68 million

Miscellaneous

Employees8,384
Market Cap$3.52 billion
Next Earnings Date11/21/2019 (Estimated)
OptionableOptionable

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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) issued its quarterly earnings results on Thursday, August, 15th. The information technology services provider reported $0.40 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.01. The information technology services provider had revenue of $157.50 million for the quarter, compared to analyst estimates of $157.50 million. Globant had a return on equity of 16.39% and a net margin of 9.09%. The firm's revenue for the quarter was up 23.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.40 EPS. View Globant's Earnings History.

When is Globant's next earnings date?

Globant is scheduled to release their next quarterly earnings announcement on Thursday, November 21st 2019. View Earnings Estimates for Globant.

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

Globant updated its FY19 earnings guidance on Thursday, August, 15th. The company provided earnings per share (EPS) guidance of $2.19-$2.25 for the period, compared to the Thomson Reuters consensus estimate of $2.21. The company issued revenue guidance of $654-$660 million, compared to the consensus revenue estimate of $643.78 million.

What price target have analysts set for GLOB?

10 brokers have issued twelve-month price targets for Globant's stock. Their forecasts range from $64.00 to $116.00. On average, they anticipate Globant's share price to reach $87.7778 in the next year. This suggests that the stock has a possible downside of 9.3%. View Analyst Price Targets for Globant.

What is the consensus analysts' recommendation for Globant?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 2 hold ratings and 8 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. 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. " (8/21/2019)
  • 2. 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)

Has Globant been receiving favorable news coverage?

News stories about GLOB stock have been trending positive this week, InfoTrie reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Globant earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the information technology services provider a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for Globant.

Are investors shorting Globant?

Globant saw a decline in short interest during the month of July. As of July 31st, there was short interest totalling 1,672,200 shares, a decline of 13.6% from the June 30th total of 1,935,300 shares. Based on an average trading volume of 404,400 shares, the days-to-cover ratio is currently 4.1 days. Approximately 4.8% of the shares of the stock are sold short. View Globant's Current Options Chain.

Who are some of Globant's key 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), Skyworks Solutions (SWKS), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Veeva Systems (VEEV), Xilinx (XLNX), Citigroup (C), Activision Blizzard (ATVI), Fortinet (FTNT) and Intel (INTC).

Who are Globant's key executives?

Globant's management team includes the folowing people:
  • Mr. Martín Migoya, Chairman, CEO & Pres (Age 51)
  • Mr. Guibert Andrés Englebienne, CTO & Director (Age 53)
  • Mr. Martín Gonzalo Umaran, Chief of Staff & Director (Age 51)
  • 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 a number of of retail and institutional investors. Top institutional shareholders include Morgan Stanley (9.28%), Wasatch Advisors Inc. (6.00%), BlackRock Inc. (4.73%), Riverbridge Partners LLC (3.87%), William Blair Investment Management LLC (3.66%) and JPMorgan Chase & Co. (2.76%).

Which institutional investors are selling Globant stock?

GLOB stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Morgan Stanley, Mackenzie Financial Corp, JPMorgan Chase & Co., Wells Fargo & Company MN, Grandeur Peak Global Advisors LLC, Riverbridge Partners LLC and Royal Bank of Canada.

Which institutional investors are buying Globant stock?

GLOB stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Invesco Ltd., William Blair Investment Management LLC, Wasatch Advisors Inc., Vanguard Group Inc., Axiom International Investors LLC DE, Northern Trust Corp and Bank of America Corp DE.

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 $96.82.

How big of a company is Globant?

Globant has a market capitalization of $3.52 billion and generates $522.31 million in revenue each year. The information technology services provider earns $51.68 million in net income (profit) each year or $1.39 on an earnings per share basis. Globant employs 8,384 workers across the globe.View Additional Information About Globant.

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:  247 (Vote Outperform)
Underperform Votes:  304 (Vote Underperform)
Total Votes:  551
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 8/23/2019 by MarketBeat.com Staff

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