At the time of writing, Global E Online Ltd [GLBE] stock is trading at $38.99, down -0.56%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GLBE shares have gain 3.67% over the last week, with a monthly amount glided 4.81%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Global E Online Ltd [NASDAQ: GLBE] stock has seen the most recent analyst activity on October 18, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight but kept the price target unchanged to $40 for it. Previously, Morgan Stanley upgraded its rating to Overweight on May 21, 2024, and elevated its price target to $37. On January 17, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $50 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $50 on September 22, 2023. The Benchmark Company initiated its recommendation with a Buy and recommended $50 as its price target on August 07, 2023. Morgan Stanley downgraded its rating to Equal-Weight for this stock on July 19, 2023, and upped its price target to $45. In a note dated December 10, 2021, Goldman initiated an Buy rating and provided a target price of $89 on this stock.
For the past year, the stock price of Global E Online Ltd fluctuated between $27.30 and $42.88. Currently, Wall Street analysts expect the stock to reach $51.88 within the next 12 months. Global E Online Ltd [NASDAQ: GLBE] shares were valued at $38.99 at the most recent close of the market. An investor can expect a potential return of 33.06% based on the average GLBE price forecast.
Analyzing the GLBE fundamentals
According to Global E Online Ltd [NASDAQ:GLBE], the company’s sales were 632.89M for trailing twelve months, which represents an 26.03% jump. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.12 and Total Capital is -0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 38.67 points at the first support level, and at 38.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.41, and for the 2nd resistance point, it is at 39.84.
Ratios To Look Out For
It is important to note that Global E Online Ltd [NASDAQ:GLBE] has a current ratio of 2.28. As well, the Quick Ratio is 2.28, while the Cash Ratio is 1.0. Considering the valuation of this stock, the price to sales ratio is 10.29, the price to book ratio is 7.41.
Transactions by insiders
Recent insider trading involved Nir Debbi, Director, that happened on Oct 14 ’24 when 39000.0 shares were purchased. Director, Amir Schlachet completed a deal on Oct 11 ’24 to buy 25000.0 shares. Meanwhile, Affiliate Deutsche Post Beteiligungen Ho bought 1.67 million shares on Aug 16 ’24.
