NYSE:GLOB - Globant Stock Price, Price Target & More

$44.10 -0.78 (-1.74 %)
(As of 04/20/2018 04:00 PM ET)
Previous Close$44.10
Today's Range$43.89 - $45.11
52-Week Range$33.87 - $54.84
Volume335,870 shs
Average Volume422,880 shs
Market Capitalization$1.58 billion
P/E Ratio51.59
Dividend YieldN/A
Beta0.54

About Globant (NYSE:GLOB)

Globant logoGlobant S.A. develops and provides software solutions to clients in North America, the Latin America, Europe, and Asia. It offers API management, e-commerce, and digital solutions; graphics engineering, game engineering, gaming experience, VR/AR development, and digital platform services; Big Data services, such as data integration, data architecture, scalable platform, blockchain, data visualization, and data science; testing center, test automation, mobile testing, and load and performance testing services. The company also provides enterprise consumerization services, including enterprise operations, collaboration solutions, cloud development, and talent management; UX design services comprising service, user experience, industrial design, and visual design; and native development, product development, and enterprise mobility services for mobiles. In addition, it engages in the provision of cloud technologies and managed services; wearable application usability and design, hardware integration, data design and management, and native wearable and embedded development activities. Further, the company offers software evolution, IT service management, and software archaeology services; content management system, e-learning solution, digital marketing, and video content production services; and cognitive computing services. 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio2.03%
Quick Ratio1.82%

Price-To-Earnings

Trailing P/E Ratio51.59
Forward P/E Ratio36.15
P/E GrowthN/A

Sales & Book Value

Annual Sales$413.44 million
Price / Sales3.74
Cash Flow$1.3360 per share
Price / Cash33.01
Book Value$7.53 per share
Price / Book5.86

Profitability

EPS (Most Recent Fiscal Year)$0.88
Net Income$31.25 million
Net Margins7.55%
Return on Equity13.02%
Return on Assets9.34%

Miscellaneous

Employees5,631
Outstanding Shares35,100,000

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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 (NYSE:GLOB) issued its quarterly earnings results on Thursday, February, 15th. The information technology services provider reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.04. The information technology services provider had revenue of $115.43 million for the quarter, compared to the consensus estimate of $109.25 million. Globant had a return on equity of 13.02% and a net margin of 7.55%. 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, 17th 2018. View Earnings Estimates for Globant.

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

Globant updated its FY18 earnings guidance on Thursday, February, 15th. The company provided earnings per share guidance of $1.52-1.62 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.57. The company issued revenue guidance of $495-505 million, compared to the consensus revenue estimate of $493.61 million.Globant also updated its Q1 guidance to $0.31-0.35 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 $36.00 to $54.00. On average, they expect Globant's share price to reach $48.1429 in the next year. 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. " (2/26/2018)
  • 2. Cantor Fitzgerald analysts commented, "Foresi’s Take. The company’s growth outlook remains positive, in our view, given that quarterly top-line results were above expectations again and management raised 2017 revenue guidance. EPS were just below Street expectations, and 2017 EPS guidance was maintained. Currency pressure on margins continues, as inflation in delivery-center locations remains high, driving wage expenses higher." (8/18/2017)

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. Néstor Nocetti, Co-Founder & Exec. VP of Corp. Affairs
  • Mr. Alejandro Scannapieco, Chief Financial Officer
  • Ms. Natalia Kanefsck, Chief Accounting Officer
  • Mr. Guibert Andrés Englebienne, CTO & Director (Age 52)

Has Globant been receiving favorable news coverage?

Headlines about GLOB stock have trended somewhat positive recently, according to Accern. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Globant earned a media sentiment score of 0.18 on Accern's scale. They also gave press coverage about the information technology services provider an impact score of 46.79 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

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 $44.10.

How big of a company is Globant?

Globant has a market capitalization of $1.58 billion and generates $413.44 million in revenue each year. The information technology services provider earns $31.25 million in net income (profit) each year or $0.88 on an earnings per share basis. Globant employs 5,631 workers across the globe.

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 (GLOB)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  160 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  396
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.

Analyst Ratings

Globant (NYSE:GLOB) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
8 Wall Street analysts have issued ratings and price targets for Globant in the last 12 months. Their average twelve-month price target is $48.1429, suggesting that the stock has a possible upside of 9.17%. The high price target for GLOB is $54.00 and the low price target for GLOB is $36.00. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.632.572.502.50
Ratings Breakdown: 0 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $48.1429$48.1667$46.20$44.8571
Price Target Upside: 9.17% upside8.17% downside29.01% upside10.19% upside

Globant (NYSE:GLOB) Consensus Price Target History

Price Target History for Globant (NYSE:GLOB)

Globant (NYSE:GLOB) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/20/2018HSBCInitiated CoverageHold$48.00MediumView Rating Details
4/4/2018SunTrust BanksUpgradeHold -> BuyHighView Rating Details
2/20/2018JPMorgan ChaseReiterated RatingOverweight -> Overweight$50.00 -> $54.00MediumView Rating Details
11/17/2017Cantor FitzgeraldReiterated RatingNeutral$42.00 -> $36.00N/AView Rating Details
11/3/2017KeyCorpReiterated RatingHoldN/AView Rating Details
10/14/2017WedbushReiterated RatingOutperform$48.00N/AView Rating Details
10/12/2017CowenReiterated RatingBuy$50.00N/AView Rating Details
7/19/2017CitigroupBoost Price TargetBuy$42.00 -> $49.00LowView Rating Details
1/12/2017Pacific CrestUpgradeSector Weight -> Overweight$38.00N/AView Rating Details
11/16/2016Jefferies GroupLower Price TargetHold$40.00 -> $39.00N/AView Rating Details
(Data available from 4/21/2016 forward)

Earnings

Globant (NYSE:GLOB) Earnings History and Estimates Chart

Earnings by Quarter for Globant (NYSE:GLOB)

Globant (NYSE:GLOB) Earnings Estimates

2018 EPS Consensus Estimate: $0.93
2019 EPS Consensus Estimate: $1.44
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20181$0.22$0.22$0.22
Q3 20181$0.36$0.36$0.36
Q4 20183$0.32$0.41$0.35
Q1 20192$0.32$0.35$0.34
Q2 20192$0.25$0.34$0.30
Q3 20192$0.34$0.41$0.38
Q4 20192$0.41$0.46$0.44

Globant (NYSE GLOB) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/17/2018        
2/15/2018Q4 2017$0.26$0.30$109.25 million$115.43 millionViewN/AView Earnings Details
11/16/2017Q3 2017$0.31$0.22$104.15 million$109.68 millionViewN/AView Earnings Details
8/17/20176/30/2017$0.26$0.10$95.79 million$99.60 millionViewN/AView Earnings Details
5/18/20173/31/2017$0.25$0.25$87.63 million$88.74 millionViewN/AView Earnings Details
2/16/2017Q416$0.31$0.29$85.95 million$87.30 millionViewN/AView Earnings Details
11/14/2016Q316$0.29$0.27$81.95 million$82.40 millionViewN/AView Earnings Details
8/10/2016Q216$0.28$0.29$76.81 million$79.90 millionViewListenView Earnings Details
5/9/2016Q116$0.23$0.24$69.83 million$73.30 millionViewN/AView Earnings Details
2/17/2016Q415$0.24$0.26$68.71 million$71.60 millionViewListenView Earnings Details
11/5/2015Q315$0.23$0.26$64.67 million$67.12 millionViewN/AView Earnings Details
8/13/2015Q215$0.22$0.25$59.35 million$60.60 millionViewListenView Earnings Details
5/14/2015Q115$0.16$0.22$52.22 million$54.50 millionViewListenView Earnings Details
2/11/2015Q414$0.19$0.24$53.80 million$55.10 millionViewN/AView Earnings Details
11/10/2014Q314$0.19$0.23$49.70 million$52.00 millionViewN/AView Earnings Details
8/14/2014Q214$0.18$0.20$37.40 million$49.40 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Globant (NYSE:GLOB) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Globant (NYSE GLOB) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 68.37%
Insider Trading History for Globant (NYSE:GLOB)
Institutional Ownership by Quarter for Globant (NYSE:GLOB)

Globant (NYSE GLOB) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Globant (NYSE GLOB) News Headlines

Source:
DateHeadline
Globant to Announce First Quarter 2018 Financial Results on May 10thGlobant to Announce First Quarter 2018 Financial Results on May 10th
finance.yahoo.com - April 21 at 9:47 AM
Globant (GLOB) Coverage Initiated at HSBCGlobant (GLOB) Coverage Initiated at HSBC
www.americanbankingnews.com - April 20 at 9:22 AM
Globant (GLOB) Stock Rating Lowered by BidaskClubGlobant (GLOB) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - April 19 at 1:23 PM
Globant (GLOB) Upgraded to "Buy" by BidaskClubGlobant (GLOB) Upgraded to "Buy" by BidaskClub
www.americanbankingnews.com - April 17 at 3:03 PM
Globant Files Annual Report for 2017Globant Files Annual Report for 2017
finance.yahoo.com - April 17 at 10:21 AM
Globant (GLOB) Expected to Post Quarterly Sales of $114.06 MillionGlobant (GLOB) Expected to Post Quarterly Sales of $114.06 Million
www.americanbankingnews.com - April 14 at 5:35 AM
Q2 2018 Earnings Estimate for Globant Issued By Wedbush (GLOB)Q2 2018 Earnings Estimate for Globant Issued By Wedbush (GLOB)
www.americanbankingnews.com - April 12 at 7:12 AM
Zacks: Analysts Anticipate Globant (GLOB) to Announce $0.35 Earnings Per ShareZacks: Analysts Anticipate Globant (GLOB) to Announce $0.35 Earnings Per Share
www.americanbankingnews.com - April 12 at 1:15 AM
Globant (GLOB) Receives Average Recommendation of "Buy" from BrokeragesGlobant (GLOB) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - April 11 at 5:43 PM
Globant Launches Its Media Over-the-Top (OTT) StudioGlobant Launches Its Media Over-the-Top (OTT) Studio
finance.yahoo.com - April 6 at 10:41 AM
Analysts Issue Forecasts for Globant SAs Q3 2018 Earnings (GLOB)Analysts Issue Forecasts for Globant SA's Q3 2018 Earnings (GLOB)
www.americanbankingnews.com - April 6 at 7:24 AM
Globant (GLOB) Cut to "Hold" at BidaskClubGlobant (GLOB) Cut to "Hold" at BidaskClub
www.americanbankingnews.com - April 5 at 6:21 PM
FY2018 Earnings Estimate for Globant SA (GLOB) Issued By SunTrust BanksFY2018 Earnings Estimate for Globant SA (GLOB) Issued By SunTrust Banks
www.americanbankingnews.com - April 5 at 9:03 AM
Spruce Point Capital Releases a Strong Sell Forensic Research Opinion on Globant S.A. (NYSE: GLOB)Spruce Point Capital Releases a Strong Sell Forensic Research Opinion on Globant S.A. (NYSE: GLOB)
www.bizjournals.com - April 4 at 5:33 PM
Globant (GLOB) Rating Increased to Buy at SunTrust BanksGlobant (GLOB) Rating Increased to Buy at SunTrust Banks
www.americanbankingnews.com - April 4 at 12:49 PM
Globant (GLOB) Lifted to Buy at ValuEngineGlobant (GLOB) Lifted to Buy at ValuEngine
www.americanbankingnews.com - April 3 at 2:58 PM
Globant (GLOB) Downgraded by BidaskClub to SellGlobant (GLOB) Downgraded by BidaskClub to Sell
www.americanbankingnews.com - April 2 at 6:26 PM
Zacks: Analysts Anticipate Globant SA (GLOB) Will Post Quarterly Sales of $112.73 MillionZacks: Analysts Anticipate Globant SA (GLOB) Will Post Quarterly Sales of $112.73 Million
www.americanbankingnews.com - March 28 at 10:21 AM
$0.35 EPS Expected for Globant SA (GLOB) This Quarter$0.35 EPS Expected for Globant SA (GLOB) This Quarter
www.americanbankingnews.com - March 26 at 3:26 AM
Globant (GLOB) Upgraded to Hold at Zacks Investment ResearchGlobant (GLOB) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - March 26 at 12:36 AM
Globant (GLOB) Lowered to Hold at Zacks Investment ResearchGlobant (GLOB) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 25 at 10:09 AM
Globant (GLOB) Lowered to Hold at ValuEngineGlobant (GLOB) Lowered to Hold at ValuEngine
www.americanbankingnews.com - March 18 at 11:34 PM
Globant SA (GLOB) Receives Average Recommendation of "Hold" from AnalystsGlobant SA (GLOB) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - March 17 at 5:32 PM
Globant SA (GLOB) Expected to Announce Quarterly Sales of $112.73 MillionGlobant SA (GLOB) Expected to Announce Quarterly Sales of $112.73 Million
www.americanbankingnews.com - March 10 at 2:06 AM
Globant SA (GLOB) Expected to Post Earnings of $0.35 Per ShareGlobant SA (GLOB) Expected to Post Earnings of $0.35 Per Share
www.americanbankingnews.com - March 8 at 7:11 PM
Globant has been selected by Thomas Cook Money as a preferred IT Development PartnerGlobant has been selected by Thomas Cook Money as a preferred IT Development Partner
finance.yahoo.com - March 6 at 9:59 AM
Globant SA (GLOB) Shares Bought by Mackenzie Financial CorpGlobant SA (GLOB) Shares Bought by Mackenzie Financial Corp
www.americanbankingnews.com - March 4 at 1:14 PM
Globant SA (GLOB) Stake Lessened by OppenheimerFunds Inc.Globant SA (GLOB) Stake Lessened by OppenheimerFunds Inc.
www.americanbankingnews.com - March 3 at 10:34 AM
Globant SA (GLOB) Stake Lifted by Standard Life Aberdeen plcGlobant SA (GLOB) Stake Lifted by Standard Life Aberdeen plc
www.americanbankingnews.com - February 24 at 3:06 PM
Head-To-Head Survey: Globant (GLOB) & 2U (TWOU)Head-To-Head Survey: Globant (GLOB) & 2U (TWOU)
www.americanbankingnews.com - February 23 at 4:44 PM
Research Analysts Issue Forecasts for Globant SAs Q1 2019 Earnings (GLOB)Research Analysts Issue Forecasts for Globant SA's Q1 2019 Earnings (GLOB)
www.americanbankingnews.com - February 23 at 2:52 PM
Globant (GLOB) Upgraded by Zacks Investment Research to BuyGlobant (GLOB) Upgraded by Zacks Investment Research to Buy
www.americanbankingnews.com - February 23 at 12:14 AM
Globant SA (GLOB) Expected to Post Quarterly Sales of $112.47 MillionGlobant SA (GLOB) Expected to Post Quarterly Sales of $112.47 Million
www.americanbankingnews.com - February 22 at 2:34 PM
Globant (GLOB) Given New $52.00 Price Target at SunTrust BanksGlobant (GLOB) Given New $52.00 Price Target at SunTrust Banks
www.americanbankingnews.com - February 21 at 1:42 PM
Globant SA (GLOB) Given Average Rating of "Hold" by BrokeragesGlobant SA (GLOB) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - February 20 at 5:50 PM
JPMorgan Chase & Co. Raises Globant (GLOB) Price Target to $54.00JPMorgan Chase & Co. Raises Globant (GLOB) Price Target to $54.00
www.americanbankingnews.com - February 20 at 4:26 PM
Globant Launches StarMeUp™ OS, an Operating System to Digitally Transform OrganizationsGlobant Launches StarMeUp™ OS, an Operating System to Digitally Transform Organizations
finance.yahoo.com - February 20 at 9:29 AM
Critical Analysis: eGain (EGAN) vs. Globant (GLOB)Critical Analysis: eGain (EGAN) vs. Globant (GLOB)
www.americanbankingnews.com - February 19 at 12:40 PM
Globant S.A. (GLOB) PT Raised to $55 at WedbushGlobant S.A. (GLOB) PT Raised to $55 at Wedbush
www.streetinsider.com - February 18 at 9:28 AM
Globant tops Street 4Q forecastsGlobant tops Street 4Q forecasts
finance.yahoo.com - February 16 at 9:31 AM
Globant Reports 2017 Full Year and Fourth Quarter Financial ResultsGlobant Reports 2017 Full Year and Fourth Quarter Financial Results
finance.yahoo.com - February 16 at 9:31 AM
Globant (GLOB) Releases  Earnings Results, Beats Estimates By $0.13 EPSGlobant (GLOB) Releases Earnings Results, Beats Estimates By $0.13 EPS
www.americanbankingnews.com - February 16 at 12:32 AM
Globant (GLOB) Updates FY18 Earnings GuidanceGlobant (GLOB) Updates FY18 Earnings Guidance
www.americanbankingnews.com - February 15 at 5:46 PM
Globant (GLOB) Issues Q1 Earnings GuidanceGlobant (GLOB) Issues Q1 Earnings Guidance
www.americanbankingnews.com - February 15 at 5:26 PM
Zacks Investment Research Lowers Globant (GLOB) to SellZacks Investment Research Lowers Globant (GLOB) to Sell
www.americanbankingnews.com - February 9 at 12:22 AM
Globant (GLOB) Set to Announce Quarterly Earnings on ThursdayGlobant (GLOB) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - February 8 at 1:40 AM
Investor Expectations to Drive Momentum within Kforce, Hamilton Lane, WSFS Financial, Globant S.A., Greenbrier Companies, and MarineMax — Discovering Underlying Factors of InfluenceInvestor Expectations to Drive Momentum within Kforce, Hamilton Lane, WSFS Financial, Globant S.A., Greenbrier Companies, and MarineMax — Discovering Underlying Factors of Influence
finance.yahoo.com - February 6 at 8:46 AM
$109.25 Million in Sales Expected for Globant SA (GLOB) This Quarter$109.25 Million in Sales Expected for Globant SA (GLOB) This Quarter
www.americanbankingnews.com - February 5 at 7:32 AM
Q4 2018 Earnings Estimate for Globant SA (GLOB) Issued By KeyCorpQ4 2018 Earnings Estimate for Globant SA (GLOB) Issued By KeyCorp
www.americanbankingnews.com - February 1 at 1:56 PM
Globant SA (GLOB) to Post FY2019 Earnings of $1.65 Per Share, KeyCorp ForecastsGlobant SA (GLOB) to Post FY2019 Earnings of $1.65 Per Share, KeyCorp Forecasts
www.americanbankingnews.com - January 31 at 3:10 PM

SEC Filings

Globant (NYSE:GLOB) SEC Filings

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Social Media

Financials

Globant (NYSE:GLOB) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Globant (NYSE GLOB) Stock Chart for Saturday, April, 21, 2018

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This page was last updated on 4/21/2018 by MarketBeat.com Staff

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