Global-E Online (GLBE) Stock Price, News & Analysis

Company Overview

Global-E Online Ltd., together with its subsidiaries, provides a platform to enable and accelerate direct-to-consumer cross-border e-commerce in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online and merchants to sell from, and to, worldwide. The company was incorporated in 2013 and is headquartered in Petah Tikva, Israel.

Key Stats

• Today's Range: $41.04 to $42.01
• 50-Day Range: $32.76 to $42.53
• 52-Week Range: $27.30 to $43.52
• Volume: 502,792 shs
• Average Volume: 1.09 million shs
• Market Capitalization: $6.78 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $43.09
• Consensus Rating: Moderate Buy

Global-E Online Stock Analysis - MarketRank™

Global-E Online scored higher than 27% of companies evaluated by MarketBeat, and ranked 157th out of 218 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Global-E Online has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Global-E Online has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Global-E Online are expected to grow in the coming year, from ($0.50) to ($0.03) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Global-E Online is -64.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Global-E Online is -64.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Global-E Online has a P/B Ratio of 7.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

8.42% of the float of Global-E Online has been sold short.

Short Interest Ratio / Days to Cover

Global-E Online has a short interest ratio ("days to cover") of 8.6.

Change versus previous month

Short interest in Global-E Online has recently decreased by 9.52%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Global-E Online does not currently pay a dividend.

Dividend Growth

Global-E Online does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.42% of the float of Global-E Online has been sold short.

Short Interest Ratio / Days to Cover

Global-E Online has a short interest ratio ("days to cover") of 8.6.

Change versus previous month

Short interest in Global-E Online has recently decreased by 9.52%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.73

News Sentiment

Global-E Online has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Global-E Online this week, compared to 5 articles on an average week.

Search Interest

Only 1 people have searched for GLBE on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Global-E Online to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Global-E Online insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.60% of the stock of Global-E Online is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

94.60% of the stock of Global-E Online is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GLBE Stock Analysis - Frequently Asked Questions

How have GLBE shares performed this year?

Global-E Online's stock was trading at $39.63 at the start of the year. Since then, GLBE stock has increased by 5.6% and is now trading at $41.85.
View the best growth stocks for 2024 here.

How were Global-E Online's earnings last quarter?

Global-E Online Ltd. (NASDAQ:GLBE) released its quarterly earnings data on Wednesday, August, 14th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.03. Global-E Online's revenue was up 26.0% on a year-over-year basis.

When did Global-E Online IPO?

Global-E Online (GLBE) raised $360 million in an initial public offering (IPO) on Wednesday, May 12th 2021. The company issued 15,000,000 shares at $23.00-$25.00 per share. Goldman Sachs, Morgan Stanley, Jefferies, Piper Sandler, JMP Securities, KeyBanc Capital Markets and Raymond James served as the underwriters for the IPO.

Who are Global-E Online's major shareholders?

Top institutional shareholders of Global-E Online include Brown Capital Management LLC (1.12%), Sumitomo Mitsui Trust Group Inc. (0.89%), Spyglass Capital Management LLC (0.85%) and FMR LLC (0.60%).

How do I buy shares of Global-E Online?

Shares of GLBE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Global-E Online own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Global-E Online investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), CrowdStrike (CRWD), Novo Nordisk A/S (NVO) and Adobe (ADBE).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 11/14/2024
• Next Earnings (Confirmed): 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:GLBE
• CUSIP: N/A
• CIK: 1835963
• Web: www.global-e.com
• Phone: 972-73-260-5078
• Fax: N/A
• Employees: 470
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $43.09
• High Stock Price Target: $48.00
• Low Stock Price Target: $38.00
• Potential Upside/Downside: +3.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.91
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.65)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-133,800,000.00
• Net Margins: -17.33%
• Pretax Margin: -16.83%
• Return on Equity: -16.41%
• Return on Assets: -12.78%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.28
• Quick Ratio: 2.28

Sales & Book Value

• Annual Sales: $569.95 million
• Price / Sales: 12.01
• Cash Flow: $0.23 per share
• Price / Cash Flow: 179.73
• Book Value: $5.75 per share
• Price / Book: 7.25

Miscellaneous

• Outstanding Shares: 164,250,000
• Free Float: 145,201,000
• Market Cap: $6.84 billion
• Optionable: Optionable
• Beta: 1.10