Globant S.A. (NASDAQ:GLOB) To Release Earnings
Analysts await Globant S.A. (NASDAQ:GLOB) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.
They expect $0.21 EPS, down 4.76% or $0.01 from last year’s $0.22 per share.
At the moment 9 analysts are watching Globant S.A. (NASDAQ:GLOB), 2 rate it “Buy”, 4 “Outperform”, 2 “Underperform”, 0 “Sell”, while 1 “Hold”.
Looking forward, for the quarter ending Jun-16, 6 analysts have a mean sales target of 74.83 million. For the quarter ending Sep-16, 6 analysts have a mean sales target of 80.65 million whilst for the year ending Dec-16, 7 analysts have a mean target of 310.13 million.
In terms of earnings per share, 8 analysts have a 0.29 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 8 analysts have a 0.32 EPS mean target and for the quarter ending Sep-16 there are 9 estimates of 1.15 EPS.
The biggest institutional shareholders in Globant S.A. include Capital World Investors which owns 3 million shares in the company valued at $101.93 million. Govt Of Singapore InvestCorp is the second biggest holder with 2 million shares currently valued at 81.00 million whilst Ivy Investment Management Co has 2 million shares valued at 61.50 million.
Total shares held by institutions as of the most recent company filings are 20,649,865 with a reported 1,856,672 bought and 9,825,565 sold. These holdings make up 60.66% of the company’s outstanding shares.
The stock increased 1.49% or $0.52 during the last trading session, hitting $35.30. Globant S.A. (NASDAQ:GLOB) has risen 3.12% over the past 6 months and is uptrending.

