Is There Now An Opportunity In Globant S.A. (NYSE:GLOB)?

Simply Wall St.12-16

Globant S.A. (NYSE:GLOB), might not be a large cap stock, but it saw a decent share price growth of 15% on the NYSE over the last few months. While good news for shareholders, the company has traded ...

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While good news for shareholders, the company has traded ...</p>\n\n<a href=\"https://finance.yahoo.com/news/now-opportunity-globant-nyse-glob-115225770.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is There Now An Opportunity In Globant S.A. 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(NYSE:GLOB)?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-16 19:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/now-opportunity-globant-nyse-glob-115225770.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Globant S.A. (NYSE:GLOB), might not be a large cap stock, but it saw a decent share price growth of 15% on the NYSE over the last few months. While good news for shareholders, the company has traded ...</p>\n\n<a href=\"https://finance.yahoo.com/news/now-opportunity-globant-nyse-glob-115225770.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2045819591.USD","symbol_name":"Natixis WCM Global Emerging Markets Equity R/A USD","start_time":0,"source_url":"https://finance.yahoo.com/news/now-opportunity-globant-nyse-glob-115225770.html","article_id":"2491869570","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/._HFmWFPcwt6muyT_tZE7g--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/b394072c431426666ba19d9f9857f297"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491869570","pubTimestamp":1734349945,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Globant S.A. , might not be a large cap stock, but it saw a decent share price growth of 15% on the NYSE over the last few months. While good news for shareholders, the company has traded much higher in the past year. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, what if the stock is still a bargain?Let’s examine Globant’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.If you’ve been keeping tabs on GLOB for some time, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the positive outlook is encouraging for GLOB, which means it’s worth diving deeper into other factors in order","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","IE00B0169N27.USD":"STEWARD INVESTORS GLOBAL EMERGING MARKETS LEADERS \"I\" (USD) ACC","IE00BF5LJ272.USD":"Legg Mason Martin Currie - Global Emerging Markets A Acc USD","BK4134":"信息科技咨询与其它服务","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","GLOB":"Globant","NYSE":"纽交所"},"translate_title":"Globant S.A.（纽约证券交易所股票代码：GLOB）现在有机会吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GLOB":1,"NYSE":1},"content_text":"Globant S.A. (NYSE:GLOB), might not be a large cap stock, but it saw a decent share price growth of 15% on the NYSE over the last few months. While good news for shareholders, the company has traded much higher in the past year. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, what if the stock is still a bargain? Let’s examine Globant’s valuation and outlook in more detail to determine if there’s still a bargain opportunity. \n Check out our latest analysis for Globant \n What Is Globant Worth? \n According to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average, the stock currently looks expensive. In this instance, we’ve used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock’s cash flows. We find that Globant’s ratio of 55.19x is above its peer average of 45.49x, which suggests the stock is trading at a higher price compared to the IT industry. If you like the stock, you may want to keep an eye out for a potential price decline in the future. Given that Globant’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility. \n What does the future of Globant look like? \n\n\n\n  NYSE:GLOB Earnings and Revenue Growth December 16th 2024\n \n\n Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to more than double over the next couple of years, the future seems bright for Globant. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. \nWhat This Means For You\nAre you a shareholder? It seems like the market has well and truly priced in GLOB’s positive outlook, with shares trading above industry price multiples. However, this brings up another question – is now the right time to sell? If you believe GLOB should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed. \nAre you a potential investor? If you’ve been keeping tabs on GLOB for some time, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the positive outlook is encouraging for GLOB, which means it’s worth diving deeper into other factors in order to take advantage of the next price drop. \n So while earnings quality is important, it's equally important to consider the risks facing Globant at this point in time. While conducting our analysis, we found that Globant has 1 warning sign and it would be unwise to ignore it. \n If you are no longer interested in Globant, you can use our free platform to see our list of over 50 other stocks with a high growth potential. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491869570"}