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Globant S.A (NYSE: GLOB) closed the day trading at $210.17 down -3.42% from the previous closing price of $217.61. In other words, the price has decreased by -$3.42 from its previous closing price. On the day, 1.23 million shares were traded.
Ratios:
For a better understanding of GLOB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 42.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.17. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Susquehanna on December 17, 2024, initiated with a Positive rating and assigned the stock a target price of $255.
On August 22, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $210.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 26 ’24 when Nestor Nocetti bought 7,000 shares for $219.46 per share.
Martin Migoya bought 10,000 shares of GLOB for $2,205,000 on Dec 12 ’24. On Dec 11 ’24, another insider, WANDA WEIGERT, who serves as the Officer of the company, bought 7,500 shares for $221.86 each.
Valuation Measures:
As of this moment, Globant’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.81, and their Forward P/E ratio for the next fiscal year is 24.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.87 while its Price-to-Book (P/B) ratio in mrq is 4.80.
Stock Price History:
Over the past 52 weeks, GLOB has reached a high of $238.32, while it has fallen to a 52-week low of $151.68. The 50-Day Moving Average of the stock is -2.76%, while the 200-Day Moving Average is calculated to be 5.16%.
Shares Statistics:
A total of 43.30M shares are outstanding, with a floating share count of 43.28M. Insiders hold about 0.04% of the company’s shares, while institutions hold 105.82% stake in the company.
