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NYSE:GLOBGlobant Stock Price, Forecast & News

$156.83
+1.58 (+1.02 %)
(As of 07/15/2020 04:00 PM ET)
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Today's Range
$148.74
Now: $156.83▼
$157.36
50-Day Range
$132.23
MA: $146.84▼
$166.09
52-Week Range
$70.83
Now: $156.83▼
$168.30
Volume473,500 shs
Average Volume524,052 shs
Market Capitalization$5.82 billion
P/E Ratio107.42
Dividend YieldN/A
Beta1.37
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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Beat the Market (BTM) Rank™

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.27 out of 5 stars


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

Debt

Debt-to-Equity Ratio0.38
Current Ratio2.56
Quick Ratio2.56

Price-To-Earnings

Trailing P/E Ratio107.42
Forward P/E Ratio91.18
P/E GrowthN/A

Sales & Book Value

Annual Sales$659.33 million
Price / Sales8.82
Cash Flow$2.89 per share
Price / Cash Flow54.33
Book Value$12.06 per share
Price / Book13.00

Profitability

EPS (Most Recent Fiscal Year)$1.76
Net Income$54.01 million
Net Margins7.82%
Return on Equity16.57%
Return on Assets10.58%

Miscellaneous

Employees11,855
Outstanding Shares37,100,000
Market Cap$5.82 billion
Next Earnings Date8/20/2020 (Estimated)
OptionableOptionable
GLOB Rates by TradingView

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Globant (NYSE:GLOB) Frequently Asked Questions

How has Globant's stock been impacted by COVID-19 (Coronavirus)?

Globant's stock was trading at $98.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GLOB shares have increased by 59.7% and is now trading at $156.83. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Globant?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Globant.

When is Globant's next earnings date?

Globant is scheduled to release its next quarterly earnings announcement on Thursday, August 20th 2020. View our earnings forecast for Globant.

How were Globant's earnings last quarter?

Globant SA (NYSE:GLOB) announced its quarterly earnings results on Thursday, May, 14th. The information technology services provider reported $0.48 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.48. The information technology services provider had revenue of $191.57 million for the quarter, compared to analysts' expectations of $190.24 million. Globant had a net margin of 7.82% and a return on equity of 16.57%. View Globant's earnings history.

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

Globant updated its second quarter 2020 After-Hours earnings guidance on Thursday, May, 14th. The company provided earnings per share guidance of 0.47 for the period, compared to the Thomson Reuters consensus estimate of $0.49. The company issued revenue guidance of $179 million, compared to the consensus revenue estimate of $173.8 million.

What price target have analysts set for GLOB?

11 brokers have issued twelve-month price objectives for Globant's shares. Their forecasts range from $80.00 to $167.00. On average, they expect Globant's stock price to reach $130.33 in the next twelve months. This suggests that the stock has a possible downside of 16.9%. View analysts' price targets for Globant.

Has Globant been receiving favorable news coverage?

News articles about GLOB stock have trended negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Globant earned a coverage optimism score of -2.9 on InfoTrie's scale. They also assigned news coverage about the information technology services provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Globant.

Are investors shorting Globant?

Globant saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,520,000 shares, a decline of 22.8% from the June 15th total of 1,970,000 shares. Based on an average trading volume of 453,200 shares, the days-to-cover ratio is currently 3.4 days. Currently, 3.9% of the shares of the stock are short sold. 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), NVIDIA (NVDA), Alibaba Group (BABA), Baidu (BIDU), Marvell Technology Group (MRVL), Square (SQ), Crispr Therapeutics (CRSP), InVitae (NVTA), Cisco Systems (CSCO) and Inseego (INSG).

Who are Globant's key executives?

Globant's management team includes the following 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

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 variety of institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (3.81%), Envestnet Asset Management Inc. (0.19%), Paragon Advisors LLC (0.01%), Redhawk Wealth Advisors Inc. (0.01%), Wedbush Securities Inc. (0.00%) and Toth Financial Advisory Corp (0.00%).

Which institutional investors are selling Globant stock?

GLOB stock was sold by a variety of institutional investors in the last quarter, including Redhawk Wealth Advisors Inc., and Howe & Rusling Inc..

Which institutional investors are buying Globant stock?

GLOB stock was purchased by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Envestnet Asset Management Inc., Paragon Advisors LLC, Wedbush Securities Inc., Toth Financial Advisory Corp, and Harel Insurance Investments & Financial Services Ltd..

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, Robinhood, Fidelity, and Charles Schwab.

What is Globant's stock price today?

One share of GLOB stock can currently be purchased for approximately $156.83.

How big of a company is Globant?

Globant has a market capitalization of $5.82 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. Globant employs 11,855 workers across the globe.

What is Globant's official website?

The official website for Globant is 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]

This page was last updated on 7/16/2020 by MarketBeat.com Staff
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