Globant S.A. (GLOB) Analysts See $0.28 EPS

August 12, 2018 - By Jacob Reddy

Globant S.A. (NYSE:GLOB) LogoInvestors sentiment increased to 1.29 in Q1 2018. Its up 0.06, from 1.23 in 2017Q4. It is positive, as 8 investors sold Globant S.A. shares while 33 reduced holdings. 20 funds opened positions while 33 raised stakes. 20.94 million shares or 4.36% less from 21.90 million shares in 2017Q4 were reported.
Globeflex Cap L P reported 20,974 shares. Fifth Third Bank & Trust reported 1,043 shares or 0% of all its holdings. Cubist Systematic Strategies Limited Liability Company reported 0.03% stake. Campbell And Inv Adviser Lc has invested 0.29% in Globant S.A. (NYSE:GLOB). Price T Rowe Associates Md holds 179,182 shares or 0% of its portfolio. American Cap Mgmt owns 10,755 shares. Riverbridge Prtnrs Limited Liability Company has 1.48% invested in Globant S.A. (NYSE:GLOB) for 1.57M shares. The Pennsylvania-based Sei Invests has invested 0% in Globant S.A. (NYSE:GLOB). Grandeur Peak Glob Advsrs Limited Liability Company invested in 381,750 shares or 2.22% of the stock. Wcm Management Ca reported 0.02% stake. Adage Group Incorporated Limited Liability Company, a Massachusetts-based fund reported 30,000 shares. Tygh Cap Management Incorporated reported 1.27% in Globant S.A. (NYSE:GLOB). Greenleaf Tru reported 702 shares. Wells Fargo & Com Mn stated it has 29,761 shares. Northern Tru stated it has 0% of its portfolio in Globant S.A. (NYSE:GLOB).

Analysts expect Globant S.A. (NYSE:GLOB) to report $0.28 EPS on August, 23 after the close.They anticipate $0.18 EPS change or 180.00 % from last quarter’s $0.1 EPS. GLOB’s profit would be $10.01 million giving it 51.97 P/E if the $0.28 EPS is correct. After having $0.30 EPS previously, Globant S.A.’s analysts see -6.67 % EPS growth. The stock increased 0.05% or $0.03 during the last trading session, reaching $58.21. About 242,484 shares traded. Globant S.A. (NYSE:GLOB) has risen 29.17% since August 13, 2017 and is uptrending. It has outperformed by 16.60% the S&P500.

Globant S.A. (NYSE:GLOB) Ratings Coverage

Among 4 analysts covering Globant (NYSE:GLOB), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Globant had 4 analyst reports since February 20, 2018 according to SRatingsIntel. The stock of Globant S.A. (NYSE:GLOB) has “Buy” rating given on Wednesday, April 4 by SunTrust. The firm has “Overweight” rating by JP Morgan given on Tuesday, February 20. The stock of Globant S.A. (NYSE:GLOB) earned “Outperform” rating by Wedbush on Tuesday, June 19.

Globant S.A. develops and provides software solutions to clients in North America, the Latin America, Europe, and Asia. The company has market cap of $2.08 billion. It offers API management, e-commerce, and digital solutions; graphics engineering, game engineering, gaming experience, VR/AR development, and digital platform services; Big Data services, such as data integration, data architecture, scalable platform, blockchain, data visualization, and data science; testing center, test automation, mobile testing, and load and performance testing services. It has a 66.83 P/E ratio. The firm also provides enterprise consumerization services, including enterprise operations, collaboration solutions, cloud development, and talent management; UX design services comprising service, user experience, industrial design, and visual design; and native development, product development, and enterprise mobility services for mobiles.

Another recent and important Globant S.A. (NYSE:GLOB) news was published by Investorplace.com which published an article titled: “6 Tech Stocks Poised to Smash Estimates This Earnings Season” on August 08, 2018.

Globant S.A. (NYSE:GLOB) Ratings Chart

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