Globant (NYSE:GLOB - Get Free Report) is projected to release its earnings data before the market opens on Thursday, February 20th. Analysts expect Globant to post earnings of $1.75 per share and revenue of $644.42 million for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.
Globant Price Performance
Shares of GLOB stock traded down $4.46 during trading hours on Friday, hitting $224.28. The stock had a trading volume of 473,248 shares, compared to its average volume of 440,014. Globant has a twelve month low of $151.68 and a twelve month high of $243.35. The stock's 50 day moving average is $215.67 and its 200 day moving average is $210.32. The firm has a market capitalization of $9.66 billion, a PE ratio of 58.56, a PEG ratio of 2.46 and a beta of 1.39.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the company. Scotiabank upped their price target on Globant from $210.00 to $220.00 and gave the stock a "sector perform" rating in a research note on Tuesday, November 19th. StockNews.com upgraded Globant from a "sell" rating to a "hold" rating in a research note on Sunday, November 24th. Susquehanna assumed coverage on Globant in a research note on Tuesday, December 17th. They set a "positive" rating and a $255.00 price target for the company. UBS Group cut their price target on Globant from $222.00 to $217.00 and set a "neutral" rating for the company in a research note on Monday, February 3rd. Finally, TD Cowen upped their price target on Globant from $230.00 to $240.00 and gave the stock a "buy" rating in a research note on Friday, November 15th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, Globant currently has a consensus rating of "Moderate Buy" and an average target price of $230.28.
Get Our Latest Stock Analysis on GLOB
About Globant
(
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Globant SA, together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.
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