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

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

Globant SA (NYSE:GLOB) announced its quarterly earnings results on Thursday, May, 10th. The information technology services provider reported $0.38 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.34 by $0.04. The information technology services provider had revenue of $119.70 million for the quarter, compared to the consensus estimate of $113.96 million. Globant had a return on equity of 13.11% and a net margin of 7.32%. The business's revenue was up 34.9% compared to the same quarter last year. During the same period last year, the business posted $0.27 EPS. View Globant's Earnings History.

Globant is scheduled to release their next quarterly earnings announcement on Thursday, August, 16th 2018. View Earnings Estimates for Globant.

Globant issued an update on its FY18 earnings guidance on Thursday, May, 10th. The company provided earnings per share guidance of $1.56-1.64 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.58. The company issued revenue guidance of $502-510 million, compared to the consensus revenue estimate of $504.20 million.Globant also updated its Q2 guidance to $0.36-0.40 EPS.

8 equities research analysts have issued 1 year price objectives for Globant's stock. Their forecasts range from $36.00 to $65.00. On average, they anticipate Globant's stock price to reach $50.5714 in the next year. View Analyst Ratings for Globant.

Some companies that are related to Globant include YY (YY), Proofpoint (PFPT), RingCentral (RNG), Zendesk (ZEN), Bilibili (BILI), DST Systems (DST), Pegasystems (PEGA), Corelogic (CLGX), CarGurus (CARG), Zynga (ZNGA), PagSeguro Digital (PAGS), Smartsheet (SMAR), Acxiom (ACXM), Five9 (FIVN) and Cars.com (CARS).

News stories about GLOB stock have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Globant earned a coverage optimism score of 0.25 on Accern's scale. They also assigned media headlines about the information technology services provider an impact score of 47.13 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Globant's stock is owned by many different of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (5.03%), RWC Asset Management LLP (3.59%), Wasatch Advisors Inc. (3.15%), OppenheimerFunds Inc. (1.69%), Massachusetts Financial Services Co. MA (1.47%) and Hood River Capital Management LLC (1.20%). View Institutional Ownership Trends for Globant.

GLOB stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, JPMorgan Chase & Co., Gluskin Sheff & Assoc Inc., Massachusetts Financial Services Co. MA, Thornburg Investment Management Inc., Envestnet Asset Management Inc., Fullerton Fund Management Co Ltd and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for Globant.

GLOB stock was purchased by a variety of institutional investors in the last quarter, including RWC Asset Management LLP, Wasatch Advisors Inc., Royal Bank of Canada, Tygh Capital Management Inc., Amundi Pioneer Asset Management Inc., Russell Investments Group Ltd., OppenheimerFunds Inc. and Hood River Capital Management LLC. View Insider Buying and Selling for 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.

One share of GLOB stock can currently be purchased for approximately $57.00.

Globant has a market capitalization of $2.00 billion and generates $413.44 million in revenue each year. The information technology services provider earns $30.53 million in net income (profit) each year or $0.88 on an earnings per share basis. Globant employs 5,631 workers across the globe.

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]