Globant S.A. (NYSE: GLOB)’s stock price has gone rise by 5.03 in comparison to its previous close of 170.28, however, the company has experienced a 17.93% increase in its stock price over the last five trading days.
Is It Worth Investing in Globant S.A. (NYSE: GLOB) Right Now?
The price-to-earnings ratio for Globant S.A. (NYSE: GLOB) is above average at 51.51x. The 36-month beta value for GLOB is also noteworthy at 1.41. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for GLOB is $204.27, which is $26.45 above than the current price. The public float for GLOB is 41.02M, and at present, short sellers hold a 2.71% of that float. The average trading volume of GLOB on May 26, 2023 was 485.58K shares.
GLOB’s Market Performance
GLOB stock saw an increase of 17.93% in the past week, with a monthly gain of 20.42% and a quarterly increase of 9.70%. The volatility ratio for the week is 4.25%, and the volatility levels for the last 30 days are 3.84% for Globant S.A. (GLOB). The simple moving average for the past 20 days is 18.30% for GLOB’s stock, with a 1.90% simple moving average for the past 200 days.
GLOB Trading at 16.58% from the 50-Day Moving Average
After a stumble in the market that brought GLOB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.48% of loss for the given period.
Volatility was left at 3.84%, however, over the last 30 days, the volatility rate increased by 4.25%, as shares surge +18.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.37% upper at present.
During the last 5 trading sessions, GLOB rose by +17.93%, which changed the moving average for the period of 200-days by -22.45% in comparison to the 20-day moving average, which settled at $152.60. In addition, Globant S.A. saw 6.36% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GLOB
Current profitability levels for the company are sitting at:
- +13.58 for the present operating margin
- +32.85 for the gross margin
The net margin for Globant S.A. stands at +8.36. The total capital return value is set at 15.35, while invested capital returns managed to touch 9.85. Equity return is now at value 10.10, with 7.20 for asset returns.
Based on Globant S.A. (GLOB), the company’s capital structure generated 9.21 points at debt to equity in total, while total debt to capital is 8.43. Total debt to assets is 6.31, with long-term debt to equity ratio resting at 6.52. Finally, the long-term debt to capital ratio is 5.97.
When we switch over and look at the enterprise to sales, we see a ratio of 3.78, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 4.39 and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.01.
Conclusion
In summary, Globant S.A. (GLOB) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
