For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Globant S.A (NYSE: GLOB) closed the day trading at $101.47 down -23.61% from the previous closing price of $132.84. In other words, the price has decreased by -$23.61 from its previous closing price. On the day, 11.0 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 37.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.50. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.18.
On May 16, 2025, Goldman Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $120.
Redburn Atlantic Upgraded its Sell to Neutral on February 25, 2025, whereas the target price for the stock was revised from $140 to $150.
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 29.98, and their Forward P/E ratio for the next fiscal year is 14.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 2.17.
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 $96.23. The 50-Day Moving Average of the stock is -15.85%, while the 200-Day Moving Average is calculated to be -45.06%.
Shares Statistics:
A total of 43.87M shares are outstanding, with a floating share count of 43.05M. Insiders hold about 2.26% of the company’s shares, while institutions hold 96.23% stake in the company.
