With 0.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.99 million shares. The 52-week range on GLOB shows that it touched its highest point at $238.32 and its lowest point at $96.23 during that stretch. It currently has a 1-year price target of $181.48. Beta for the stock currently stands at 1.33.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GLOB was up-trending over the past week, with a rise of 0.42%, but this was up by 18.90% over a month. Three-month performance dropped to -44.39% while six-month performance fell -43.04%. The stock lost -33.43% in the past year, while it has lost -44.24% so far this year. A look at the trailing 12-month EPS for GLOB yields 3.73 with Next year EPS estimates of 7.78. For the next quarter, that number is 1.58. This implies an EPS growth rate of 6.78% for this year and 13.81% for next year. EPS is expected to grow by 11.83% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 21.64%.
Float and Shares Shorts:
At present, 44.03 million GLOB shares are outstanding with a float of 43.06 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GLOB since 11 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.44931 being high and $6.38931 being low. For GLOB, this leads to a yearly average estimate of $6.40931.