Globant S.A. Shares Fall 2.1% Below Previous 52-Week Low - Market Mover
The shares fell 2.1% lower than its previous 52-week low of $151.63, with trading volume lower than its 30 day average
Mar 17, 2023 by Kwhen Finance Editors
Globant S.A. (GLOB) shares closed 2.1% lower than its previous 52 week low, giving the company a market cap of $7B. The stock is currently up 2.1% year-to-date, down 26.5% over the past 12 months, and up 229.4% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
- Trading volume this week was 49.4% higher than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Fundamentals & Catalysts
- Over the past 12 months the company generated $143 million in earnings before interest and taxes from $892 million in revenue. It currently holds $195 million in cash and $235 million in debt.
- Its forward price-to-earnings (P/E) ratio of 0 is lower than its current P/E ratio of 48.94, implying that analysts are expecting an increase in earnings.
- The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 21.42. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
- The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 1.44 which means it currently has $1.44 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
- The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 9.58. This means that the stock is trading at a premium of 10 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
- The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 9.77.
- The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 9.65.
P/E
48.94
EBITDA
$143M
P/Book
9.58
Mkt Cap
$7B
P/Sales
9.77
Revenue
$892M
EPS (TTM)
3.47
PEG Ratio
21.42
EV/Revenue
9.65
Total Cash
$195M
Debt/Equity
1.44
Forward P/E
0.00
Current Debt
$235M
Gross Profit
$845M
Dividend Date
-
Earnings Date
2023-05-18
Profit Margin
0.07
Revenue/Share
22.31
Total Revenue
$892M
Enterprise Val
$8B
Put/Call Ratio
1.55
Revenue/Employee
75304.68
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and beats it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and beats it on a 5-year basis
- The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and beats it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Globant S.A. | -2.3 | 2.1 | -26.5 | -45.9 | 0.6 |
| Dow Jones Industrial Average | -1.5 | 1.1 | 1.3 | -8.1 | 12.7 |
| S&P 500 Index | -1.5 | 5.7 | -5.7 | -13.8 | 13.4 |
| Information Technology | -0.2 | 15.1 | -11.1 | -16.2 | 28.2 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by -63.0%
- The company's stock price performance over the past 12 months lags the peer average by 9934.4%
- The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 53.9% higher than the average peer.
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Globant S.A. | GLOB | 48.9 | 2.1 | -26.5 | -45.9 | 0.6 |
| Peer Avg | N/A | 31.8 | 5.7 | -0.3 | -5.9 | 15.1 |
| SPS Commerce Inc. | SPSC | 98.6 | 16.5 | 19.3 | ||
| Workiva Inc - Class A | WK | -50.1 | 10.3 | -4.8 | -23.6 | 60.3 |
| Qualys Inc | QLYS | 41.9 | 8.8 | -4.8 | ||
| Netscout Systems Inc | NTCT | 36.9 | -12.9 | -10.8 |
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