GLOB - Globant S.A.

NYSE - NYSE Delayed Price. Currency in USD
101.00
-0.70 (-0.69%)
At close: 4:02PM EDT

101.00 0.00 (0.00%)
After hours: 4:17PM EDT

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Previous Close101.70
Open101.91
Bid97.00 x 800
Ask120.00 x 1000
Day's Range100.65 - 102.75
52 Week Range46.30 - 105.33
Volume421,955
Avg. Volume365,414
Market Cap3.696B
Beta (3Y Monthly)0.72
PE Ratio (TTM)69.70
EPS (TTM)1.45
Earnings DateNov 13, 2017 - Nov 17, 2017
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est82.25
Trade prices are not sourced from all markets
  • Bloomberg2 days ago

    The Tiny Company That Spawned a Global Media Empire Gets the Ax

    (Bloomberg Opinion) -- Who even knew that WPP Plc still made wire baskets?It’s the basis for a good pub trivia question: former Chief Executive Officer Martin Sorrell built the world’s largest ads company by seeking out a publicly traded business where he could acquire control on the cheap, then use it as a deal-making vehicle to expand. The company he found was Wire and Plastic Products, a maker of wire baskets. In 1985, he bought a controlling stake, and over the subsequent 33 years expanded it into a 16-billion-pound global advertising player.Mark Read, Sorrell’s successor, is on the cusp of selling that business, British newspaper The Times reported on Saturday. I, for one, was flabbergasted to discover that WPP still owned it.It’s an infinitesimally small part of WPP’s business. The 973,641 pounds ($1.2 million) of 2017 sales it generated, the most recent fiscal year filed at Companies House, represented 0.006% of the parent company’s revenue. Or seven seconds of advertising at the Super Bowl halftime, where a 30-second slot costs $5 million.But this divestment isn’t about the money, per se. The company’s continued presence in the WPP stable is emblematic of the bloat which became endemic under Sorrell, whose investments included a 9% stake in publisher Vice Media and 19% stake in Argentinian software firm Globant SA. Read is demonstrating a clean break from the previous era. The message is that there’s no room for sentimentality.He’s earmarked 200 million pounds worth of divestments this year, adding to the 849 million pounds of businesses he sold last year. That excludes the sale of a majority stake in its Kantar market research business, which may close in the next few weeks and could be valued at more than 3 billion pounds. It’s a long overdue streamlining.Divestments alone won’t fix WPP’s problems. Sales in North America, the firm’s biggest market, continue to fall. Read has pushed through the internal mergers of some of his most prominent agencies: J. Walter Thompson has been combined with digital agency Wunderman to form Wunderman Thompson, for instance.Read signaled in an interview with Bloomberg News last week that he wasn’t done with acquisitions either. He tried to indicate that this wasn’t just taking a leaf from the Sorrell playbook, of buying customers and therefore growth.His stated aim is to be more strategic and buy digital capabilities, even in the creative space. That would echo archrival Publicis Groupe SA’s $4.4 billion deal to acquire digital marketing specialist Epsilon in April. It seems the transformation has a long way to go.For his part, Sorrell is building a new advertising holding company, having engineered a reverse takeover of Derriston Capital Plc and rebranding it S4 Capital Ltd. to fuel new deals. I fear it’s an unlikely eventuality, but I do wonder whether Sorrell’s impish side would be tempted to buy Wire and Plastic Products, just to close the loop.To contact the author of this story: Alex Webb at awebb25@bloomberg.netTo contact the editor responsible for this story: Jennifer Ryan at jryan13@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Markit13 days ago

    See what the IHS Markit Score report has to say about Globant SA.

    Globant SA NYSE:GLOBView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NeutralShort interest is moderate for GLOB with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on May 30. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding GLOB are favorable, with net inflows of $4 million. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Is Globant S.A. (NYSE:GLOB) Potentially Undervalued?
    Simply Wall St.16 days ago

    Is Globant S.A. (NYSE:GLOB) Potentially Undervalued?

    Globant S.A. (NYSE:GLOB), which is in the software business, and is based in Luxembourg, saw a significant share price...

  • Thomson Reuters StreetEvents19 days ago

    Edited Transcript of GLOB earnings conference call or presentation 9-May-19 8:30pm GMT

    Q1 2019 Globant SA Earnings Call

  • GLOBANT SA (GLOB) Q1 2019 Earnings Call Transcript
    Motley Foollast month

    GLOBANT SA (GLOB) Q1 2019 Earnings Call Transcript

    GLOB earnings call for the period ending March 31, 2019.

  • Globant (GLOB) Surpasses Q1 Earnings and Revenue Estimates
    Zacks2 months ago

    Globant (GLOB) Surpasses Q1 Earnings and Revenue Estimates

    Globant (GLOB) delivered earnings and revenue surprises of 6.38% and 0.79%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press2 months ago

    Globant: 1Q Earnings Snapshot

    LUXEMBOURG (AP) _ Globant SA (GLOB) on Thursday reported first-quarter net income of $12.1 million. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, came to 50 cents per share. For the current quarter ending in July, Globant expects its per-share earnings to range from 50 cents to 54 cents.

  • PR Newswire2 months ago

    Globant Reports 2019 First Quarter Financial Results

    Solid Revenue Growth with Robust Operating Performance LUXEMBOURG , May 9, 2019 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company , today announced results for the three ...

  • Why Earnings Season Could Be Great for Globant (GLOB)
    Zacks2 months ago

    Why Earnings Season Could Be Great for Globant (GLOB)

    Globant (GLOB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

  • This Tech Services Company Has What It Takes to Succeed
    Motley Fool2 months ago

    This Tech Services Company Has What It Takes to Succeed

    If you're looking for an international small-cap stock that has demonstrated its ability to land, then expand, high-quality client relationships while increasing revenue and profits, consider Globant.

  • PR Newswire2 months ago

    Globant to Announce First Quarter 2019 Financial Results on May 9th

    LUXEMBOURG , May 3, 2019 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced it will release results for the first quarter ended March 31st, 2019 on Thursday, ...

  • One Thing To Remember About The Globant S.A. (NYSE:GLOB) Share Price
    Simply Wall St.2 months ago

    One Thing To Remember About The Globant S.A. (NYSE:GLOB) Share Price

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! If you own shares in Globant S.A. (NYSE:GLOB) then it's worth thinking about how it contributes to th...

  • Globant (GLOB) Earnings Expected to Grow: What to Know Ahead of Q1 Release
    Zacks2 months ago

    Globant (GLOB) Earnings Expected to Grow: What to Know Ahead of Q1 Release

    Globant (GLOB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • PR Newswire2 months ago

    Globant to Hold its Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders on May 31, 2019

    LUXEMBOURG, April 30, 2019 /PRNewswire/ -- Globant S.A. (GLOB), a digitally native technology services company focused on creating software that appeals and connects emotionally with consumers (the "Company"), announces that its Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders (collectively, the "General Meetings") are to be held on May 31, 2019. The General Meetings will be held at the registered office of the Company at 37A, Avenue J.F. Kennedy, L-1 855, Luxembourg.

  • Can Globant (GLOB) Keep the Earnings Surprise Streak Alive?
    Zacks2 months ago

    Can Globant (GLOB) Keep the Earnings Surprise Streak Alive?

    Globant (GLOB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • If You Had Bought Globant (NYSE:GLOB) Stock Three Years Ago, You Could Pocket A 135% Gain Today
    Simply Wall St.2 months ago

    If You Had Bought Globant (NYSE:GLOB) Stock Three Years Ago, You Could Pocket A 135% Gain Today

    The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company that is really flourishing, you can make more than 100%. To wit, the Globant S.A. (NYSE:GLOB) share price...

  • PR Newswire3 months ago

    Globant brings Signal OTT to Microsoft Azure to help publishers reach and engage users across mobile and connected devices

    SEATTLE , April 8, 2019 /PRNewswire/ -- Today, Globant , a digitally native technology services company, announced the availability of Signal OTT, a leading platform-as-a-service (PaaS) offering on Microsoft ...

  • Can Globant S.A.’s (NYSE:GLOB) ROE Continue To Surpass The Industry Average?
    Simply Wall St.3 months ago

    Can Globant S.A.’s (NYSE:GLOB) ROE Continue To Surpass The Industry Average?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use ReturnRead More...

  • PR Newswire4 months ago

    Globant Releases Its 2019 Trends in Technology Report to Examine the Future of Digital and Cognitive Transformations

    SAN FRANCISCO, Feb. 28, 2019 /PRNewswire/ -- Globant (GLOB), a digitally native technology services company, has just released its 2019 Trends in Technology report. The annual report dives into emerging technologies and how they will impact the business landscape in the new year and beyond. This year's edition examines the future of digital and cognitive transformations in businesses, in which digital infrastructure including the IoT Grid, the Artificial Intelligence Engine (AI Engine), Cloud, Intelligent Automation (IA), Quantum Computing and 5G become more ingrained across digital businesses.

  • Thomson Reuters StreetEvents4 months ago

    Edited Transcript of GLOB earnings conference call or presentation 14-Feb-19 9:30pm GMT

    Q4 2018 Globant SA Earnings Call

  • GlobeNewswire4 months ago

    Consolidated Research: 2019 Summary Expectations for Delta Air Lines, Alexandria Real Estate Equities, Choice Hotels International, GNC, RealPage, and Globant S.A — Fundamental Analysis, Key Performance Indications

    NEW YORK, Feb. 20, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Globant S.A. (GLOB) Q4 2018 Earnings Conference Call Transcript
    Motley Fool4 months ago

    Globant S.A. (GLOB) Q4 2018 Earnings Conference Call Transcript

    GLOB earnings call for the period ending December 31, 2018.