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 data on Thursday, May, 10th. The information technology services provider reported $0.38 earnings per share (EPS) for the quarter, topping the 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 net margin of 7.32% and a return on equity of 13.11%. Globant's quarterly revenue was up 34.9% on a year-over-year basis. During the same quarter last year, the company posted $0.27 earnings per share. 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 updated its FY18 earnings guidance on Thursday, May, 10th. The company provided EPS 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 brokerages have issued 12 month target prices for Globant's stock. Their predictions range from $36.00 to $65.00. On average, they expect Globant's stock price to reach $50.5714 in the next twelve months. View Analyst Ratings for Globant.

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

News coverage about GLOB stock has been trending somewhat positive on Saturday, Accern reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Globant earned a daily sentiment score of 0.01 on Accern's scale. They also gave news articles about the information technology services provider an impact score of 45.06 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Globant's stock is owned by many different of retail and institutional 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 bought 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 $56.50.

Globant has a market capitalization of $2.01 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]