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Globant SA (GLOB)
NYSE:GLOB
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GLOB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$151.68 - $251.50
Previous Close$233.83
Volume274.79K
Average Volume (3M)400.05K
Market Cap
$10.12B
Enterprise Value$10.14B
Total Cash (Recent Filing)$323.29M
Total Debt (Recent Filing)$277.84M
Price to Earnings (P/E)59.5
Beta1.83
Next Earnings
Nov 14, 2024EPS Estimate
$1.63Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.93
Shares Outstanding43,086,282
10 Day Avg. Volume387,553
30 Day Avg. Volume400,050
Standard Deviation0.13
R-Squared0.33
Alpha0.00453
Financial Highlights & Ratios
Price to Book (P/B)5.83
Price to Sales (P/S)4.76
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.41
Enterprise Value/Gross Profit13.41
Enterprise Value/Ebitda99.80
Forecast
1Y Price Target
$229.83Price Target Upside-1.71% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Globant SA News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGlobant's management continues to focus on profitable growth, with operating margin guidance indicating healthy financial management.
Innovation And ServicesRecent acquisitions in data engineering are expected to reinforce Globant's leadership in next-gen services like GenAI.
Market PositionGlobant is executing well amid a challenging macroeconomic environment with impressive double-digit organic growth compared to peers.
Bears Say
Earnings EstimatesAnalysts are slightly decreasing 2025 revenue and EPS estimates largely due to greater FX headwind expectations.
Growth GuidanceGLOB lowered its 2024 growth guide to +15.2% at the midpoint from +15.6% prior, which could weigh on the stock.
Industry DemandThere is caution on the demand pressures in the IT Services industry and belief that GenAI will have little positive impact over the near/medium term.
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Ownership Overview
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Insiders
35.76% Mutual Funds
10.48% Other Institutional Investors
50.83% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 Nov 14, 2024 which is in 2 days.
How were Globant SA’s earnings last quarter?
Globant SA released its earnings results on Aug 15, 2024. The company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.498 by $0.012.
Is Globant SA overvalued?
According to Wall Street analysts Globant SA’s price is currently Overvalued.
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 $1.63.
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 $1.51 in its last earnings report, beating expectations of $1.498. Following the earnings report the stock price went up 5.078%.
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 225M.
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Globant SA Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$229.83 (-1.71% Downside)
$229.83 (-1.71% Downside)
Blogger Sentiment
Bullish
GLOB Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 379.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 0.1%
Last 30 Days ▲ 0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
34.61%
12-Months-Change
Fundamentals
Return on Equity
9.90%
Trailing 12-Months
Asset Growth
16.46%
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.
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GLOB Company Deck
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GLOB Earnings Call
Q2 2024
0:00 / 0:00
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GLOB Stock 12 Month Forecast
Average Price Target
$229.83
▼(-1.71% Downside)
Technical Analysis
Best Analysts Covering GLOB
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+11.12%
reiterated a buy rating 3 months ago
Copying Thomas Blakey's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +11.12% per trade.
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