Analyst Ratings for Globant S.A. (GLOB)

Updated: 2017-07-27

Globant S.A. (NYSE:GLOB) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for GLOB last month.

6 analysts declared GLOB a buy, 0 issued an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for GLOB. The highest price target was 49, which equates to a potential upside of 8.29 percent. The most pessimistic analyst gave a price target of 16, implying potential capital losses of -64.64 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -3.57 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -15.64 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -5.81 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of GLOB's earnings is estimated by analysts to be 4.92 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. GLOB has a PEG ratio of 8.68.

In the trailing 52-weeks, GLOB hit 47.51 at the highest peak, while it's lowest trading point was 30.90. Currently the stock is 46.44 percent higher than its low, and 4.76 percent below the high. GLOB has a price/earnings ratio of 42.69. Investors typically compare the P/E ratio to a company's peers in the industry. The GLOB value stock report compares GLOB to some of its peers using value stock charts. The stock has a market capitalization of $1.64 billion. GLOB will post this quarters earnings in days, on 0000-00-00.