Globant S.A [GLOB] stock is trading at $226.92, up 3.65%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GLOB shares have gain 2.28% over the last week, with a monthly amount glided 11.62%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Globant S.A [NYSE: GLOB] stock has seen the most recent analyst activity on December 17, 2024, when Susquehanna initiated its Positive rating and assigned the stock a price target of $255. Previously, Deutsche Bank started tracking the stock with Hold rating on August 22, 2024, and set its price target to $210. On August 20, 2024, downgrade downgraded it’s rating to Neutral. Needham reiterated its Buy rating and increased its price target to $245 on August 16, 2024. Goldman initiated its recommendation with a Buy and recommended $200 as its price target on June 24, 2024. UBS upgraded its rating to Buy for this stock on May 28, 2024, and downed its price target to $230. In a note dated May 24, 2024, Redburn Atlantic initiated an Sell rating and provided a target price of $135 on this stock.
Globant S.A [GLOB] stock has fluctuated between $151.68 and $251.50 over the past year. Currently, Wall Street analysts expect the stock to reach $239.29 within the next 12 months. Globant S.A [NYSE: GLOB] shares were valued at $226.92 at the most recent close of the market. An investor can expect a potential return of 5.45% based on the average GLOB price forecast.
Analyzing the GLOB fundamentals
Globant S.A [NYSE:GLOB] reported sales of 2.35B for the trailing twelve months, which represents a growth of 12.72%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.1.
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 222.37 points at the first support level, and at 217.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 229.54, and for the 2nd resistance point, it is at 232.17.
Ratios To Look Out For
For context, Globant S.A’s Current Ratio is 1.36. Also, the Quick Ratio is 1.36, while the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 4.17, the price to book ratio is 5.18 and price to earnings (TTM) ratio is 59.18.
Transactions by insiders
Recent insider trading involved Martin Migoya, Affiliate, that happened on Dec 12 ’24 when 10000.0 shares were purchased. Officer, WANDA WEIGERT completed a deal on Dec 11 ’24 to buy 7500.0 shares. Meanwhile, Affiliate Guibert Englebienne bought 10000.0 shares on Dec 11 ’24.
