Globant S.A. Company Profile (NYSE:GLOB)

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

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.

Globant S.A. is scheduled to release their next quarterly earnings announcement on Thursday, August, 17th 2017. View Earnings Estimates for Globant S.A..

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.

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..

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)

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).

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

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..

Globant S.A.'s stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd. and Boston Advisors LLC. View Insider Buying and Selling for Globant S.A..

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..

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.

One share of Globant S.A. stock can currently be purchased for approximately $47.34.