August 18, 2018 – By Ellis Scott
Investors sentiment increased to 1.29 in 2018 Q1. Its up 0.06, from 1.23 in 2017Q4. It improved, 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.
Vanguard Group Inc holds 0% or 6,528 shares in its portfolio. Parametric Assoc Limited Liability invested in 67,898 shares. Comgest Sas holds 44,972 shares. Shaker Lc Oh stated it has 0.71% in Globant S.A. (NYSE:GLOB). Pnc Group has invested 0% in Globant S.A. (NYSE:GLOB). Retail Bank Of Montreal Can invested 0% in Globant S.A. (NYSE:GLOB). Renaissance Technology Limited Liability Corp holds 56,300 shares or 0% of its portfolio. Millennium Mgmt Lc holds 0.01% or 106,129 shares in its portfolio. Axa holds 0.04% of its portfolio in Globant S.A. (NYSE:GLOB) for 194,180 shares. Baker Avenue Asset Mgmt Ltd Partnership accumulated 23,310 shares. Alliancebernstein Ltd Partnership invested 0% of its portfolio in Globant S.A. (NYSE:GLOB). Texas-based Dimensional Fund L P has invested 0% in Globant S.A. (NYSE:GLOB). Wellington Mgmt Group Incorporated Ltd Liability Partnership accumulated 0.01% or 647,759 shares. Gilder Gagnon Howe Commerce Ltd Liability Corporation holds 806,349 shares. Dekabank Deutsche Girozentrale holds 0.01% or 36,650 shares in its portfolio.
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 52.10 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 1.00% or $0.58 during the last trading session, reaching $58.35. About 108,234 shares traded. Globant S.A. (NYSE:GLOB) has risen 29.17% since August 18, 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 has $65 highest and $48 lowest target. $55.67’s average target is -4.59% below currents $58.35 stock price. Globant had 4 analyst reports since February 20, 2018 according to SRatingsIntel. SunTrust upgraded the shares of GLOB in report on Wednesday, April 4 to “Buy” rating. The firm has “Overweight” rating given on Tuesday, February 20 by JP Morgan. The stock has “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 $2.09 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 66.99 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 Globenewswire.com which published an article titled: “Research Report Identifies Shiloh Industries, Plexus, Haynes International, Aquantia, MarineMax, and Globant SA with …” on August 16, 2018.
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By Ellis Scott