Globant Sa is a information technology service company located in Luxembourg, which is part of the Technology sector, and is traded under the ticker GLOB on the NYSE exchange.
Globant Sa stock last closed at $229.73, up 3.42% from the previous day, and has increased 3.2% in one year. It has underperformed other stocks in the Information Technology Services industry by 0.07 percentage points. Globant Sa stock is currently +51.46% from its 52-week low of $151.68, and -8.66% from its 52-week high of $251.50.
At the moment, there are 43.42M shares of GLOB outstanding. The market capitalization of GLOB is $9.97B. In the last 24 hours, 382,813 GLOB shares were traded.
How to Buy Globant Sa Stock
Not sure how to invest in Globant Sa stock? Here's how.
Choose where to buy Globant Sa stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Globant Sa stock.
Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Deposit funds into your investment account: Select your method of payment and add your details.
Research Globant Sa stock: The Globant Sa ticker symbol is GLOB. Is Globant Sa stock a good investment? Should you buy shares of GLOB? How do GLOB's underlying business fundamentals look? Do top analysts think Globant Sa is a good buy? Why has GLOB's stock price moved recently? (Hint: Our stock market research tools can help you decide if GLOB is a good stock to buy).
Make your GLOB trade: Decide if you will purchase GLOB shares at the current market price or use a limit order to purchase GLOB stock at a specific price.
Watch your GLOB investment: Create a watchlist to key updates about your investment in Globant Sa stock.
Step 1: Choose where to buy Globant Sa stock
You need a brokerage account in order to access the NYSE market and buy GLOB stock.
A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Create a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you can buy GLOB today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research Globant Sa stock
After you have figured out the best place to buy Globant Sa stock, it's crucial to analyze their stock before you invest, so you truly understand the risk as well as the opportunity.
Globant Sa quick stats
GLOB Price
$229.73
1w %
0.86%
1y %
3.2%
5y %
122.31%
P/E
58.6x
P/B
5.28x
P/S
4.24x
PEG
2.78x
Revenue
$2.35B
Earnings
$169.46M
Fore. Rev. Growth
11.17%
Fore. Earn. Growth
21.06%
Market Cap
$9.97B
Next Earnings
N/A
Next Dividend
N/A
Fundamentals of GLOB
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis quickly.
GLOB earnings of $241.53M is not enough to cover its interest payments.
There are more short-term assets than short-term liabilities on the GLOB balance sheet.
There are more short-term assets than long-term liabilities on the GLOB balance sheet.
GLOB's operating cash flow of $271.95M allows it to safely service it's debt of $530.27M.
Total GLOB debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
GLOB profit margin has gone down from 7.8% to 7.2% in the past year.
GLOB has a relatively high debt to equity ratio of 0.5.
Is Globant Sa stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 13 Equities analysts who track GLOB, the consensus analyst rating on Globant Sa is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest GLOB Analyst Ratings
Tien-tsin Huang, a top 11% analyst from JP Morgan maintains GLOB with a strong buy rating and raises their GLOB price target from $237.00 to $248.00, on Oct 30, 2024.
JP Morgan's Tien-tsin Huang raised their price target on Globant Sa (NYSE: GLOB) by 4.6% from $237 to $248 on 2024/10/30. The analyst maintained their Strong Buy rating on the stock.
Huang's price target hike was delivered in a Q3 2024 preview of names in their Computer Services & IT Consulting portfolio.
Based on a lack of discernible improvement or decline in short-cycle IT investment, the analyst said they see digital IT services as having a neutral risk/reward profile.
Therefore, Huang said they are bullish, focusing on valuation and relative growth projections heading into FY 2025.
Ryan Potter, a top 24% analyst from Citigroup maintains GLOB with a strong buy rating and raises their GLOB price target from $240.00 to $251.00, on Oct 28, 2024.
Surinder Thind, a top 15% analyst from Jefferies maintains GLOB with a strong buy rating and raises their GLOB price target from $235.00 to $240.00, on Sep 9, 2024.
Bryan Keane, a top 10% analyst from Deutsche Bank initiates coverage on GLOB with a hold rating and announces their GLOB price target of $210.00, on Aug 22, 2024.
Leonardo Olmos, a bottom 19% analyst from UBS downgrades GLOB to a hold rating and raises their GLOB price target from $225.00 to $235.00, on Aug 20, 2024.
Last year, GLOB earnings were $169.46M. During the past five year, GLOB's earnings have grown by 22.18% per year. This was faster than the Information Technology Services industry average of 7.79%.
Last year, GLOB revenue was $2.35B. Over the last 5 year, GLOB's revenue has grown by 30.79% per year. This was faster than the Information Technology Services industry average of 5.23%.
No, Globant Sa doesn't provide an income stream by paying out dividends.
GLOB Social Trading Data
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Step 5: Make your GLOB trade
There are two primary order types:
Market order: A market order is an order to buy or sell a stock at the best possible price. Market orders are usually fine.
Limit order: A limit order lets you buy or sell a stock at a specific price (or better). If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Click the Open button and eToro will execute the order.
If you require additional help with investing in stocks on eToro, watch the how to video below:
How much does it cost to buy one Globant Sa share?
As of Dec 6, 2024, it costs $229.73 to buy one share of Globant Sa stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.435 shares of GLOB.
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