For its second fiscal quarter (ending June 30), Globant SA (NYSE: GLOB) has reported E.P.S. of $0.89 compared to $0.87 a year ago. For the latest four quarters through June 30, E.P.S. were $3.93 compared to $3.52 a year ago.
Recent Price Action
Globant SA (NYSE: GLOB) stock increased 1.7% on 8/15/24. The shares closed at $194.37. NORMAL trading volume accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 4.0% during the last week.
Current PriceTarget Research Rating
GLOB’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Globant has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Globant has a slightly negative Appreciation Score of 40 and a poor Power Rating of 23, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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