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.

Investment analysts gave a few price targets for GLOB. The maximum price target given was 49, which equates to a potential upside of 8.29 percent. The minimum price target given was 16, implying a possible loss of -64.64 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates downwards for this quarter, by about -3.57 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -15.64 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -5.81 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. 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.

Analysts estimate earnings of GLOB to grow at a rate of 4.92 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of GLOB is 8.68.

In the trailing 52-weeks, GLOB hit 47.51 at the highest peak, while it's lowest trading point was 30.90. The current market price is above the trailing year's low by 46.44 percent, and 4.76 percent lower than its 52-week high. GLOB has a P/E 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's next earnings release will be on 0000-00-00, which is days away.