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.

GLOB was given price targets by several analysts. The most optimistic analyst gave a price target of 49, implying potential capital gains of 8.29 percent. The minimum price target given was 16, implying a possible loss of -64.64 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -3.57 percent. That number becomes -15.64 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -5.81 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. GLOB has a PEG ratio of 8.68.

GLOB has a 52-week high of 47.51 and a 52-week low of 30.90. Today's price is 46.44 percent above the 52-week low, 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 market cap of GLOB is $1.64 billion. GLOB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.