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NYSE:GLOBGlobant Stock Price, Forecast & News

$174.34
+1.76 (+1.02 %)
(As of 08/14/2020 10:18 AM ET)
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Compare
Today's Range
$172.34
Now: $174.34
$177.18
50-Day Range
$141.20
MA: $163.08
$184.14
52-Week Range
$70.83
Now: $174.34
$185.76
Volume241,800 shs
Average Volume407,974 shs
Market Capitalization$6.47 billion
P/E Ratio119.41
Dividend YieldN/A
Beta1.39
Globant 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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Globant logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.29 out of 5 stars


Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
CUSIPN/A
Phone352-2030-1596

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$659.33 million
Cash Flow$2.81 per share
Book Value$12.06 per share

Profitability

Net Income$54.01 million

Miscellaneous

Employees11,855
Market Cap$6.47 billion
Next Earnings DateN/A
OptionableOptionable
$174.34
+1.76 (+1.02 %)
(As of 08/14/2020 10:18 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Globant (NYSE:GLOB) Frequently Asked Questions

How has Globant's stock been impacted by COVID-19 (Coronavirus)?

Globant's stock was trading at $98.18 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GLOB stock has increased by 77.6% and is now trading at $174.34.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Globant?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globant in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Globant
.

How were Globant's earnings last quarter?

Globant SA (NYSE:GLOB) posted its quarterly earnings results on Thursday, August, 13th. The information technology services provider reported $0.51 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.34 by $0.17. Globant had a net margin of 7.82% and a return on equity of 16.57%.
View Globant's earnings history
.

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

Globant updated its third quarter 2020 After-Hours earnings guidance on Thursday, August, 13th. The company provided EPS guidance of 0.58 for the period, compared to the Thomson Reuters consensus estimate of $0.54. The company issued revenue guidance of $203 million, compared to the consensus revenue estimate of $188.87 million.

What price target have analysts set for GLOB?

11 brokerages have issued 1 year price objectives for Globant's shares. Their forecasts range from $80.00 to $193.00. On average, they expect Globant's stock price to reach $142.22 in the next year. This suggests that the stock has a possible downside of 18.4%.
View analysts' price targets for Globant
.

Has Globant been receiving favorable news coverage?

Media stories about GLOB stock have trended positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Globant earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave press coverage about the information technology services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.
View the latest news about Globant
.

Are investors shorting Globant?

Globant saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,440,000 shares, an increase of 60.5% from the June 15th total of 1,520,000 shares. Based on an average trading volume of 481,200 shares, the days-to-cover ratio is currently 5.1 days. Approximately 6.3% of the shares of the company are sold short.
View Globant's Short Interest
.

Who are some of Globant's key competitors?

What other stocks do shareholders of Globant own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Globant investors own include General Electric (GE), NVIDIA (NVDA), Alibaba Group (BABA), Square (SQ), Baidu (BIDU), salesforce.com (CRM), Crispr Therapeutics (CRSP), Paypal (PYPL), Alteryx (AYX) and Intuitive Surgical (ISRG).

Who are Globant's key executives?

Globant's management team includes the following people:
  • Mr. Martín Migoya, Chairman, CEO & Pres (Age 51)
  • Mr. Guibert Andrés Englebienne, CTO & Director (Age 53)
  • Mr. Martín Gonzalo Umaran, Chief of Staff & Director (Age 51)
  • Mr. Néstor Nocetti, Co-Founder & Exec. VP of Corp. Affairs
  • Mr. Juan Urthiague, CFO & Investor Relations Officer

What is Globant's stock symbol?

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

Who are Globant's major shareholders?

Globant's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wasatch Advisors Inc. (6.54%), FMR LLC (5.01%), Riverbridge Partners LLC (3.81%), William Blair Investment Management LLC (3.42%), Fisher Asset Management LLC (3.19%) and Bank of New York Mellon Corp (1.91%).

Which major investors are selling Globant stock?

GLOB stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Wasatch Advisors Inc., Victory Capital Management Inc., GAM Holding AG, Federated Hermes Inc., Andra AP fonden, Russell Investments Group Ltd., and Navellier & Associates Inc.

Which major investors are buying Globant stock?

GLOB stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, FMR LLC, Jennison Associates LLC, William Blair Investment Management LLC, State of Michigan Retirement System, Sara Bay Financial, Goldman Sachs Group Inc., and New York State Common Retirement Fund.

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, Robinhood, Fidelity, and Charles Schwab.

What is Globant's stock price today?

One share of GLOB stock can currently be purchased for approximately $174.34.

How big of a company is Globant?

Globant has a market capitalization of $6.47 billion and generates $659.33 million in revenue each year. The information technology services provider earns $54.01 million in net income (profit) each year or $1.76 on an earnings per share basis. Globant employs 11,855 workers across the globe.

What is Globant's official website?

The official website for Globant is www.globant.com.

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]

This page was last updated on 8/14/2020 by MarketBeat.com Staff

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