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) released its quarterly earnings results on Thursday, May, 10th. The information technology services provider reported $0.38 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.34 by $0.04. The information technology services provider earned $119.70 million during the quarter, compared to analysts' expectations of $113.96 million. Globant had a return on equity of 13.11% and a net margin of 7.32%. The company's quarterly revenue was up 34.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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 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 twelve-month target prices for Globant's stock. Their predictions range from $36.00 to $65.00. On average, they anticipate Globant's share price to reach $52.2857 in the next twelve months. This suggests that the stock has a possible downside of 9.6%. View Analyst Ratings 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."

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

Headlines about GLOB stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 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 daily sentiment score of 0.13 on Accern's scale. They also gave media coverage about the information technology services provider an impact score of 47.20 out of 100, meaning that recent news 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 a variety of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (4.86%), Mckinley Capital Management LLC Delaware (0.05%), Fisher Asset Management LLC (0.04%), American Capital Management Inc. (0.01%), Campbell & CO Investment Adviser LLC (0.01%) and Bank of Montreal Can (0.01%). View Institutional Ownership Trends for Globant.

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

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.

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 $57.86.

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.

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]