GlobalData (LON:DATA) Posts Quarterly Earnings Results

GlobalData (LON:DATA - Get Free Report) posted its quarterly earnings results on Monday. The company reported GBX 7.50 ($0.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. GlobalData had a net margin of 11.96% and a return on equity of 12.99%.

GlobalData Stock Performance

LON DATA traded down GBX 0.50 ($0.01) during trading hours on Thursday, hitting GBX 162.50 ($2.11). The company's stock had a trading volume of 2,310,488 shares, compared to its average volume of 2,057,713. The company has a debt-to-equity ratio of 5.16, a current ratio of 1.25 and a quick ratio of 0.61. The company has a market cap of £1.31 billion, a P/E ratio of 38.83, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. The company's 50 day simple moving average is GBX 188.38 and its two-hundred day simple moving average is GBX 196.42. GlobalData has a 12 month low of GBX 155.98 ($2.02) and a 12 month high of GBX 244 ($3.16).

Analysts Set New Price Targets

Separately, Berenberg Bank increased their price target on shares of GlobalData from GBX 295 ($3.83) to GBX 300 ($3.89) and gave the stock a "buy" rating in a report on Tuesday, January 14th.

Insider Activity

In other news, insider Michael Danson sold 2,000,000 shares of the business's stock in a transaction on Friday, February 7th. The shares were sold at an average price of GBX 195 ($2.53), for a total transaction of £3,900,000 ($5,057,709.77). 66.45% of the stock is owned by corporate insiders.

GlobalData Company Profile

GlobalData Plc is a leading data, insights, and analytics platform for the world's largest industries. Our mission is to help our clients decode the future, make better decisions, and reach more customers. One Platform Model GlobalData's One Platform model is the foundation of our business and is the result of years of continuous investment, targeted acquisitions, and organic development.