Is Globant SA Stock a Good Investment?
Globant SA Investment Advice | GLOB |
- Examine Globant SA's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Globant SA's leadership team and their track record. Good management can help Globant SA navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Globant SA's business and its evolving consumer preferences.
- Compare Globant SA's performance and market position to its competitors. Analyze how Globant SA is positioned in terms of product offerings, innovation, and market share.
- Check if Globant SA pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Globant SA's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Globant SA stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Globant SA is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Globant SA Stock
Researching Globant SA's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.94. Globant SA had not issued any dividends in recent years. The entity had 0:1 split on the January 6, 2015.
To determine if Globant SA is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Globant SA's research are outlined below:
| Globant SA is unlikely to experience financial distress in the next 2 years | |
| Globant SA has a very strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from insidermonkey.com: Globant S.A. Surging Ahead with AI-Powered Solutions and Global Expansion |
Globant SA uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Globant SA. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Globant SA's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 16th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Globant SA's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Globant SA's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2014-08-14 | 2014-06-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2015-11-05 | 2015-09-30 | 0.23 | 0.26 | 0.03 | 13 | ||
2015-08-13 | 2015-06-30 | 0.22 | 0.25 | 0.03 | 13 | ||
2018-05-10 | 2018-03-31 | 0.34 | 0.38 | 0.04 | 11 | ||
2015-02-11 | 2014-12-31 | 0.19 | 0.24 | 0.05 | 26 | ||
2015-05-14 | 2015-03-31 | 0.16 | 0.22 | 0.06 | 37 | ||
2014-11-10 | 2014-09-30 | 0.19 | 0.25 | 0.06 | 31 |
Know Globant SA's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Globant SA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Globant SA backward and forwards among themselves. Globant SA's institutional investor refers to the entity that pools money to purchase Globant SA's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Schroder Investment Management Group | 2024-06-30 | 695.9 K | Allspring Global Investments Holdings, Llc | 2024-06-30 | 682.4 K | Polen Capital | 2024-09-30 | 633 K | Manning & Napier Advisors, Llc | 2024-09-30 | 539.2 K | Sei Investments Co | 2024-06-30 | 512.9 K | State Street Corp | 2024-06-30 | 507.7 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 507.4 K | Mitsubishi Ufj Trust & Banking Corp | 2024-09-30 | 490.6 K | Fmr Inc | 2024-09-30 | 471.8 K | T. Rowe Price Associates, Inc. | 2024-06-30 | 4.7 M | Wasatch Advisors Lp | 2024-09-30 | 3.5 M |
Globant SA's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.9 B.Market Cap |
|
Globant SA's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.12 | 0.13 | |
| Return On Capital Employed | 0.10 | 0.08 | |
| Return On Assets | 0.06 | 0.09 | |
| Return On Equity | 0.09 | 0.13 |
Determining Globant SA's profitability involves analyzing its financial statements and using various financial metrics to determine if Globant SA is a good buy. For example, gross profit margin measures Globant SA's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Globant SA's profitability and make more informed investment decisions.
Please note, the presentation of Globant SA's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Globant SA's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Globant SA's management manipulating its earnings.
Evaluate Globant SA's management efficiency
Globant SA has return on total asset (ROA) of 0.0609 % which means that it generated a profit of $0.0609 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0961 %, meaning that it created $0.0961 on every $100 dollars invested by stockholders. Globant SA's management efficiency ratios could be used to measure how well Globant SA manages its routine affairs as well as how well it operates its assets and liabilities. At present, Globant SA's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.09, whereas Return On Capital Employed is forecasted to decline to 0.08. At present, Globant SA's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 1.9 B, whereas Non Currrent Assets Other are forecasted to decline to about 3.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 41.94 | 44.04 | |
| Tangible Book Value Per Share | 9.09 | 5.32 | |
| Enterprise Value Over EBITDA | 27.96 | 40.12 | |
| Price Book Value Ratio | 5.86 | 5.53 | |
| Enterprise Value Multiple | 27.96 | 40.12 | |
| Price Fair Value | 5.86 | 5.53 | |
| Enterprise Value | 11.3 B | 11.9 B |
The management team at Globant SA has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 1.385 |
Basic technical analysis of Globant Stock
As of the 30th of November, Globant SA retains the Market Risk Adjusted Performance of 0.2074, downside deviation of 2.73, and Risk Adjusted Performance of 0.0803. Globant SA technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Globant SA's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Globant SA insiders, such as employees or executives, is commonly permitted as long as it does not rely on Globant SA's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Globant SA insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ruxin Michael I over two weeks ago Disposition of 51000 shares by Ruxin Michael I of Globant SA subject to Rule 16b-3 | ||
Chan Fai over three months ago Disposition of 4571 shares by Chan Fai of Globant SA at 2.3469 subject to Rule 16b-3 |
Globant SA's Outstanding Corporate Bonds
Globant SA issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Globant SA uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Globant bonds can be classified according to their maturity, which is the date when Globant SA has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Globant SA's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Globant SA's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0803 | |||
| Market Risk Adjusted Performance | 0.2074 | |||
| Mean Deviation | 1.67 | |||
| Semi Deviation | 2.38 | |||
| Downside Deviation | 2.73 | |||
| Coefficient Of Variation | 1043.16 | |||
| Standard Deviation | 2.59 | |||
| Variance | 6.7 | |||
| Information Ratio | 0.0427 | |||
| Jensen Alpha | 0.0842 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0405 | |||
| Treynor Ratio | 0.1974 | |||
| Maximum Drawdown | 20.7 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 3.32 | |||
| Downside Variance | 7.45 | |||
| Semi Variance | 5.66 | |||
| Expected Short fall | (1.72) | |||
| Skewness | (0.42) | |||
| Kurtosis | 7.21 |
| Risk Adjusted Performance | 0.0803 | |||
| Market Risk Adjusted Performance | 0.2074 | |||
| Mean Deviation | 1.67 | |||
| Semi Deviation | 2.38 | |||
| Downside Deviation | 2.73 | |||
| Coefficient Of Variation | 1043.16 | |||
| Standard Deviation | 2.59 | |||
| Variance | 6.7 | |||
| Information Ratio | 0.0427 | |||
| Jensen Alpha | 0.0842 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0405 | |||
| Treynor Ratio | 0.1974 | |||
| Maximum Drawdown | 20.7 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 3.32 | |||
| Downside Variance | 7.45 | |||
| Semi Variance | 5.66 | |||
| Expected Short fall | (1.72) | |||
| Skewness | (0.42) | |||
| Kurtosis | 7.21 |
Consider Globant SA's intraday indicators
Globant SA intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Globant SA stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 2205.12 | |||
| Daily Balance Of Power | (0.49) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 228.21 | |||
| Day Typical Price | 228.06 | |||
| Price Action Indicator | (1.34) | |||
| Period Momentum Indicator | (1.79) | |||
| Relative Strength Index | 70.16 |
Globant SA Corporate Filings
6K | 15th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 26th of July 2024 Other Reports | ViewVerify | |
13A | 20th of June 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Globant Stock media impact
Far too much social signal, news, headlines, and media speculation about Globant SA that are available to investors today. That information is available publicly through Globant media outlets and privately through word of mouth or via Globant internal channels. However, regardless of the origin, that massive amount of Globant data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Globant SA news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Globant SA relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Globant SA's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Globant SA alpha.
Globant SA Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Globant SA can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Globant SA Corporate Directors
| Wanda Weigert | Director - Communications and Marketing | Profile | |
| Philip Odeen | Lead Independent Director | Profile | |
| Linda Rottenberg | Independent Director | Profile | |
| Mario Vazquez | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globant SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globant SA. If investors know Globant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globant SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.024 | Earnings Share 3.85 | Revenue Per Share 53.121 | Quarterly Revenue Growth 0.181 | Return On Assets 0.0609 |
The market value of Globant SA is measured differently than its book value, which is the value of Globant that is recorded on the company's balance sheet. Investors also form their own opinion of Globant SA's value that differs from its market value or its book value, called intrinsic value, which is Globant SA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globant SA's market value can be influenced by many factors that don't directly affect Globant SA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Globant SA's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Globant SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globant SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.