The price of Global E Online Ltd (NASDAQ: GLBE) closed at $35.76 in the last session, up 1.56% from day before closing price of $35.21. In other words, the price has increased by $+0.55 from its previous closing price. On the day, 1522755 shares were traded.
Ratios:
We take a closer look at GLBE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.89. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Wells Fargo on January 17, 2024, initiated with a Overweight rating and assigned the stock a target price of $50.
On September 22, 2023, UBS started tracking the stock assigning a Buy rating and target price of $50.
On August 07, 2023, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $50.The Benchmark Company initiated its Buy rating on August 07, 2023, with a $50 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GLBE now has a Market Capitalization of 5.95B and an Enterprise Value of 5.65B. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.43 while its Price-to-Book (P/B) ratio in mrq is 6.57. Its current Enterprise Value per Revenue stands at 9.92 whereas that against EBITDA is 158.73.
Stock Price History:
Over the past 52 weeks, GLBE has reached a high of $45.72, while it has fallen to a 52-week low of $26.01. The 50-Day Moving Average of the stock is 36.22, while the 200-Day Moving Average is calculated to be 37.72.
Shares Statistics:
According to the various share statistics, GLBE traded on average about 1.17M shares per day over the past 3-months and 1.31M shares per day over the past 10 days. A total of 165.77M shares are outstanding, with a floating share count of 105.40M. Insiders hold about 36.62% of the company’s shares, while institutions hold 52.36% stake in the company. Shares short for GLBE as of Mar 15, 2024 were 7.33M with a Short Ratio of 7.14, compared to 5.53M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.46% and a Short% of Float of 6.69%.
Earnings Estimates
The company has 8 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.23 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.25, while EPS last year was -$0.26. The consensus estimate for the next quarter is -$0.15, with high estimates of $0 and low estimates of -$0.2.
Analysts are recommending an EPS of between -$0.1 and -$0.7 for the fiscal current year, implying an average EPS of -$0.52. EPS for the following year is $0.03, with 7 analysts recommending between $0.98 and -$0.52.
Revenue Estimates
According to 10 analysts, the current quarter’s revenue is expected to be $141.66M. It ranges from a high estimate of $144.57M to a low estimate of $139.35M. As of the current estimate, Global E Online Ltd’s year-ago sales were $117.63M, an estimated increase of 20.40% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $170.14M, an increase of 27.60% over than the figure of $20.40% in the same quarter last year. There is a high estimate of $175M for the next quarter, whereas the lowest estimate is $165.7M.
A total of 11 analysts have provided revenue estimates for GLBE’s current fiscal year. The highest revenue estimate was $770.81M, while the lowest revenue estimate was $734.2M, resulting in an average revenue estimate of $750.12M. In the same quarter a year ago, actual revenue was $569.95M, up 31.60% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $990.24M in the next fiscal year. The high estimate is $1.06B and the low estimate is $927.6M. The average revenue growth estimate for next year is up 32.00% from the average revenue estimate for this year.
