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The closing price of Globant S.A (NYSE: GLOB) was $140.71 for the day, down -3.92% from the previous closing price of $146.45. In other words, the price has decreased by -$3.92 from its previous closing price. On the day, 0.57 million shares were traded.
Ratios:
Our analysis of GLOB’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.68. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.19.
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 the company, Redburn Atlantic on February 25, 2025, Upgraded its rating to Neutral and sets its target price to $150 from $140 previously.
On December 17, 2024, Susquehanna started tracking the stock assigning a Positive rating and target price of $255.
On August 22, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $210.Deutsche Bank initiated its Hold rating on August 22, 2024, with a $210 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 37.73, and their Forward P/E ratio for the next fiscal year is 17.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57 while its Price-to-Book (P/B) ratio in mrq is 3.15.
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 $140.88. The 50-Day Moving Average of the stock is -30.17%, while the 200-Day Moving Average is calculated to be -29.02%.
Shares Statistics:
A total of 44.03M shares are outstanding, with a floating share count of 43.06M. Insiders hold about 2.24% of the company’s shares, while institutions hold 104.16% stake in the company.
