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

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$57.68 -1.27 (-2.15 %)
(As of 07/17/2018 08:00 AM ET)
Previous Close$58.95
Today's Range$57.32 - $59.10
52-Week Range$34.82 - $59.97
Volume215,500 shs
Average Volume593,576 shs
Market Capitalization$2.12 billion
P/E Ratio65.55
Dividend YieldN/A
Beta0.6
Globant logoGlobant 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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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio2.40
Quick Ratio2.40

Price-To-Earnings

Trailing P/E Ratio65.55
Forward P/E Ratio46.52
P/E GrowthN/A

Sales & Book Value

Annual Sales$413.44 million
Price / Sales5.01
Cash Flow$1.3303 per share
Price / Cash43.36
Book Value$7.50 per share
Price / Book7.69

Profitability

EPS (Most Recent Fiscal Year)$0.88
Net Income$30.53 million
Net Margins7.32%
Return on Equity13.11%
Return on Assets9.59%

Miscellaneous

Employees5,631
Outstanding Shares35,890,000
Market Cap$2,115.89

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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 SA (NYSE:GLOB) issued its 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 analysts' expectations 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 EPS. View Globant's Earnings History.

When is Globant's next earnings date?

Globant is scheduled to release their next quarterly earnings announcement on Thursday, August, 23rd 2018. View Earnings Estimates for Globant.

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

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 EPS 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.

What price target have analysts set for GLOB?

8 brokerages have issued 12 month price targets for Globant's stock. Their predictions range from $36.00 to $65.00. On average, they expect Globant's share price to reach $52.2857 in the next twelve months. This suggests that the stock has a possible downside of 9.4%. View Analyst Ratings for Globant.

What is the consensus analysts' recommendation for Globant?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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. Yanina Maria Conti, Chief Accounting Officer
  • Mr. Guibert Andrés Englebienne, CTO & Director (Age 52)

Has Globant been receiving favorable news coverage?

News headlines about GLOB stock have been trending somewhat positive on Tuesday, Accern reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Globant earned a news sentiment score of 0.20 on Accern's scale. They also assigned news coverage about the information technology services provider an impact score of 46.60 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Globant's major shareholders?

Globant's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (4.86%), Mckinley Capital Management LLC Delaware (0.05%), Fisher Asset Management LLC (0.04%), Campbell & CO Investment Adviser LLC (0.01%) and Bank of Montreal Can (0.01%). View Institutional Ownership Trends for Globant.

Which major investors are selling Globant stock?

GLOB stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for Globant.

Which major investors are buying Globant stock?

GLOB stock was acquired by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Mckinley Capital Management LLC Delaware and Bank of Montreal Can. View Insider Buying and Selling for Globant.

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 $57.68.

How big of a company is Globant?

Globant has a market capitalization of $2.12 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.

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 (NYSE GLOB)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  448
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.
This page was last updated on 7/17/2018 by MarketBeat.com Staff

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