Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Globant SA (GLOB)
NYSE:GLOB
Globant SA (GLOB) Stock Price & Analysis
876 Followers
GLOB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$151.68 - $251.50
Previous Close$192.6
Volume625.09K
Average Volume (3M)606.96K
Market Cap
$8.34B
Enterprise Value$8.35B
Total Cash (Recent Filing)$323.29M
Total Debt (Recent Filing)$277.84M
Price to Earnings (P/E)49.3
Beta1.81
Next Earnings
Aug 15, 2024EPS Estimate
$1.5Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.90
Shares Outstanding43,086,282
10 Day Avg. Volume700,927
30 Day Avg. Volume606,963
Standard Deviation0.13
R-Squared0.34
Alpha-0.00049
Financial Highlights & Ratios
Price to Book (P/B)22.43
Price to Sales (P/S)3.54
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.40
Enterprise Value/Gross Profit11.05
Enterprise Value/Ebitda82.22
Forecast
1Y Price Target
$215.79Price Target Upside12.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Globant SA News
PremiumCompany Announcements
Globant SA Announces Board Committee Updates
Bulls Say, Bears Say
Bulls Say
Growth And Market PositionGlobant's quarterly results are seen as a material and trailblazing guidepost for the broader IT Services/Digital Transformation sector given the company's market position and above-average growth dynamics.
Record Pipeline And Major WinsRecord pipeline intact, highlighted by the largest ever contract win (large airline) and the formation of a partnership with Formula 1 to serve as its technology provider.
Strategic PartnershipsWith its NVIDIA partnership announcement, Globant is only strengthening its best-in-class AI services.
Bears Say
Earnings Per ShareThe new EPS for FY24 is $6.40 vs. $6.63 prior and guide of $6.20 to $6.50.
Market ReactionShares are trading down ~6% after hours due to ’24 guidance being cut modestly for revenues, margins and EPS.
Revenue EstimatesLowering FY24 revenue estimates from $2,456mn to $2,430mn due to slightly lower than expected guidance.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
GLOB FAQ
What was Globant SA’s price range in the past 12 months?
Globant SA lowest stock price was $151.68 and its highest was $251.50 in the past 12 months.
What is Globant SA’s market cap?
Currently, no data Available
When is Globant SA’s upcoming earnings report date?
Globant SA’s upcoming earnings report date is Aug 15, 2024 which is in 18 days.
How were Globant SA’s earnings last quarter?
Globant SA released its earnings results on May 16, 2024. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.528 by $0.002.
Is Globant SA overvalued?
According to Wall Street analysts Globant SA’s price is currently Undervalued.
Does Globant SA pay dividends?
Globant SA does not currently pay dividends.
What is Globant SA’s EPS estimate?
Globant SA’s EPS estimate is $1.5.
How many shares outstanding does Globant SA have?
Globant SA has 43,297,680 shares outstanding.
What happened to Globant SA’s price movement after its last earnings report?
Globant SA reported an EPS of $1.53 in its last earnings report, beating expectations of $1.528. Following the earnings report the stock price went down -5.615%.
Which hedge fund is a major shareholder of Globant SA?
Among the largest hedge funds holding Globant SA’s share is Sands Capital Management LLC. It holds Globant SA’s shares valued at 271M.
---
Globant SA Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$215.79 (12.04% Upside)
$215.79 (12.04% Upside)
Blogger Sentiment
Bullish
GLOB Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 273.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 3.7%
Last 30 Days ▼ 3.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
6.08%
12-Months-Change
Fundamentals
Return on Equity
10.07%
Trailing 12-Months
Asset Growth
22.30%
Trailing 12-Months
Company Description
Globant SA
Globant SA engages in the provision of information technology services. It offers application development and maintenance, testing, and infrastructure management. The company was founded by Martín Migoya, Martín Gonzalo Umaran, Guibert Andrés Englebienne and Néstor Nocetti in 2003 and is headquartered in Luxembourg.
---
GLOB Company Deck
---
GLOB Earnings Call
Q1 2024
0:00 / 0:00
---
GLOB Stock 12 Month Forecast
Average Price Target
$215.79
▲(12.04% Upside)
Technical Analysis
Best Analysts Covering GLOB
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+40.88%
reiterated a buy rating 5 months ago
Copying Moshe Katri's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +40.88% per trade.
---