Globant SA Q2 2024 Earnings Call Transcript Highlights Strong Revenue Growth and AI ...

GLOB Stock  USD 229.55  1.38  0.60%   
About 54% of Globant SA's investor base is interested to short. The analysis of the overall prospects from investing in Globant SA suggests that many traders are, at the present time, impartial. The current market sentiment, together with Globant SA's historical and current headlines, can help investors time the market. In addition, many technical investors use Globant SA stock news signals to limit their universe of possible portfolio assets.
  
Revenue 587.5 million, up 18.1 percent year-over-year and almost 3 percent quarter-over-quarter.AI-related Revenue Grew close to 130 percent in the first half of 2024 versus the

Read at gurufocus.com
Gurufocus Stories at Macroaxis
  

Globant SA Current Investor Sentiment

Panic Vs Confidence

46

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Globant SA's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Globant SA.

Globant SA Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Globant SA can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Globant SA Historical Investor Sentiment

Investor biases related to Globant SA's public news can be used to forecast risks associated with an investment in Globant. The trend in average sentiment can be used to explain how an investor holding Globant can time the market purely based on public headlines and social activities around Globant SA. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Globant SA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Globant SA and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Globant SA news discussions. The higher the estimate score, the more favorable the investor's outlook on Globant SA.

Globant SA Fundamental Analysis

We analyze Globant SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Globant SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Globant SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Shares Outstanding

Shares Outstanding Comparative Analysis

Globant SA is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Globant SA Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Globant SA stock to make a market-neutral strategy. Peer analysis of Globant SA could also be used in its relative valuation, which is a method of valuing Globant SA by comparing valuation metrics with similar companies.

Peers

Globant SA Related Equities

CLVTCLARIVATE PLC   3.23   
0%
100.0%
TASKTaskus   1.22   
0%
37.0%
CNXCConcentrix   0.81   
0%
25.0%
JKHYJack Henry   0.50   
0%
15.0%
ASGNASGN   0.1   
0%
3.0%
WNSWNS Holdings   0.19   
5.0%
0%
BRBroadridge Financial   0.27   
8.0%
0%
ACNAccenture Plc   0.28   
8.0%
0%
CTSHCognizant Technology   0.38   
11.0%
0%
TTECTTEC Holdings   0.39   
12.0%
0%
CDWCDW Corp   0.59   
18.0%
0%
GGenpact   0.70   
21.0%
0%
IBMInternational Business   0.83   
25.0%
0%
EXLSExlService Holdings   0.91   
28.0%
0%
EPAMEPAM Systems   1.16   
35.0%
0%
INFYInfosys   1.90   
58.0%
0%
CACICACI International   2.58   
79.0%
0%

Complementary Tools for Globant Stock analysis

When running Globant SA's price analysis, check to measure Globant SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globant SA is operating at the current time. Most of Globant SA's value examination focuses on studying past and present price action to predict the probability of Globant SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globant SA's price. Additionally, you may evaluate how the addition of Globant SA to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Commodity Directory
Find actively traded commodities issued by global exchanges
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes