EPS for Globant S.A. (GLOB) Expected At $0.28

August 12, 2018 - By Benjamin Allen

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 L P invested 0.23% in Globant S.A. (NYSE:GLOB). Fifth Third Commercial Bank holds 0% or 1,043 shares in its portfolio. Parametrica holds 0.31% or 4,897 shares. Gilder Gagnon Howe Commerce Ltd Liability Co invested in 806,349 shares. Wellington Group Ltd Liability Partnership invested in 0.01% or 647,759 shares. Adage Capital Gp Llc holds 30,000 shares or 0% of its portfolio. Amundi Pioneer Asset Management owns 168,700 shares or 0.01% of their US portfolio. Fisher Asset reported 0% of its portfolio in Globant S.A. (NYSE:GLOB). Denver Advsr Limited Liability Company reported 17,330 shares stake. California Pub Employees Retirement System holds 0% of its portfolio in Globant S.A. (NYSE:GLOB) for 6,591 shares. Barclays Public Ltd Co stated it has 8,938 shares. Tower (Trc) owns 142 shares. Capital Ww Investors has invested 0.03% of its portfolio in Globant S.A. (NYSE:GLOB). Ubs Asset Mngmt Americas holds 143 shares. Fred Alger Mngmt Incorporated invested 0.12% 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 firm earned “Outperform” rating on Tuesday, June 19 by Wedbush. The stock of Globant S.A. (NYSE:GLOB) has “Buy” rating given on Wednesday, April 4 by SunTrust. JP Morgan maintained Globant S.A. (NYSE:GLOB) on Tuesday, February 20 with “Overweight” rating.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.