Its Stock Has Paid Off Big Time For Globant S.A

With 1.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.92 million shares. During the session, the Information Technology Services company that operates in wider Technology sector, reached to the highest price of $114.55 whereas the lowest price it dropped to was $97.315. The 52-week range on GLOB shows that it touched its highest point at $238.32 and its lowest point at $96.23 during that stretch. It currently has a 1-year price target of $213.81. Beta for the stock currently stands at 1.37.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GLOB was down-trending over the past week, with a drop of -4.51%, but this was down by -16.44% over a month. Three-month performance dropped to -47.44% while six-month performance fell -41.89%. The stock lost -42.81% in the past year, while it has lost -47.48% so far this year. A look at the trailing 12-month EPS for GLOB yields 3.73 with Next year EPS estimates of 8.01. For the next quarter, that number is 1.59. This implies an EPS growth rate of 8.80% for this year and 15.03% for next year. EPS is expected to grow by 13.47% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 21.64%.

Float and Shares Shorts:

At present, 44.03 million GLOB shares are outstanding with a float of 43.06 million shares on hand for trading. On 2025-03-14, short shares totaled 2.68 million, which was 608.0 higher than short shares on 1739491200. In addition to Mr. Martin Migoya as the firm’s Co-founder, Chairman, CEO & President, Mr. Martín Gonzalo Umaran serves as its Co-Founder, Chief Corporate Development Officer, Chairman for EMEA & Director.

Institutional Ownership:

Through their ownership of 1.0708799 of GLOB’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, GLOB reported revenue of $642483000.0 and operating income of $56482000.0. The EBITDA in the recently reported quarter was $48265000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GLOB since 11 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GLOB analysts setting a high price target of 260.0 and a low target of 150.0, the average target price over the next 12 months is 213.90909. Based on these targets, GLOB could surge 130.89% to reach the target high and rise by 33.2% to reach the target low. Reaching the average price target will result in a growth of 89.96% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.44931 being high and $6.38931 being low. For GLOB, this leads to a yearly average estimate of $6.40931. Based on analyst estimates, the high estimate for the next quarter is $1.74 and the low estimate is $1.61. The average estimate for the next quarter is thus $1.68.