Globant Sa Stock Today

GLOB Stock  USD 229.25  6.56  2.95%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Globant SA is trading at 229.25 as of the 24th of November 2024, a 2.95% up since the beginning of the trading day. The stock's open price was 222.69. Globant SA has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Globant SA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
18th of July 2014
Category
Technology
Classification
Information Technology
Globant S.A. operates as a technology services company worldwide. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant SA is traded on New York Stock Exchange in the United States. The company has 43.14 M outstanding shares of which 2.6 M shares are currently shorted by private and institutional investors with about 5.91 trading days to cover. More on Globant SA

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Globant Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanMartin Migoya
Business ConcentrationApplication Software, Information Technology Services, Information Technology, NYSE Composite, Jakarta Stock Exchange, Information Technology, Software, Information Technology Services, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.170.7662
Way Up
Slightly volatile
Gross Profit Margin0.420.3631
Fairly Up
Pretty Stable
Total Current Liabilities712 M678.1 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total284.2 M270.7 M
Sufficiently Up
Slightly volatile
Total Assets2.9 B2.7 B
Sufficiently Up
Slightly volatile
Total Current Assets970.8 M924.5 M
Sufficiently Up
Slightly volatile
Debt Levels
Globant SA can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Globant SA's financial leverage. It provides some insight into what part of Globant SA's total assets is financed by creditors.
Liquidity
Globant SA currently holds 277.84 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Globant SA has a current ratio of 2.36, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Globant SA's use of debt, we should always consider it together with its cash and equity.

Change In Cash

25.76 Million
Globant SA (GLOB) is traded on New York Stock Exchange in USA. It is located in 5 rue Guillaume Kroll, Luxembourg, Luxembourg, 1882 and employs 29,112 people. Globant SA is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.89 B. Globant SA conducts business under Software sector and is part of Information Technology industry. The entity has 43.14 M outstanding shares of which 2.6 M shares are currently shorted by private and institutional investors with about 5.91 trading days to cover. Globant SA currently holds about 361.68 M in cash with 318.52 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.65.
Check Globant SA Probability Of Bankruptcy
Ownership Allocation
The majority of Globant SA outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Globant SA to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Globant SA. Please pay attention to any change in the institutional holdings of Globant SA as this could imply that something significant has changed or is about to change at the company.
Check Globant Ownership Details

Globant Stock Institutional Holders

InstituionRecorded OnShares
Schroder Investment Management Group2024-06-30
695.9 K
Allspring Global Investments Holdings, Llc2024-06-30
682.4 K
Polen Capital2024-09-30
633 K
Manning & Napier Advisors, Llc2024-09-30
539.2 K
Sei Investments Co2024-06-30
512.9 K
State Street Corp2024-06-30
507.7 K
Dimensional Fund Advisors, Inc.2024-09-30
507.4 K
Mitsubishi Ufj Trust & Banking Corp2024-09-30
490.6 K
Fmr Inc2024-09-30
471.8 K
T. Rowe Price Associates, Inc.2024-06-30
4.7 M
Wasatch Advisors Lp2024-09-30
3.5 M
View Globant SA Diagnostics

Globant SA Historical Income Statement

At present, Globant SA's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 513 M, whereas Interest Expense is forecasted to decline to about 13.5 M. View More Fundamentals

Globant Stock Against Markets

Globant SA Corporate Directors

Wanda WeigertDirector - Communications and MarketingProfile
Philip OdeenLead Independent DirectorProfile
Linda RottenbergIndependent DirectorProfile
Mario VazquezIndependent DirectorProfile
When determining whether Globant SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Globant SA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Globant Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Globant Sa Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globant SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globant SA. If investors know Globant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globant SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.024
Earnings Share
3.85
Revenue Per Share
53.121
Quarterly Revenue Growth
0.181
Return On Assets
0.0609
The market value of Globant SA is measured differently than its book value, which is the value of Globant that is recorded on the company's balance sheet. Investors also form their own opinion of Globant SA's value that differs from its market value or its book value, called intrinsic value, which is Globant SA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globant SA's market value can be influenced by many factors that don't directly affect Globant SA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globant SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globant SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globant SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.