Media stories about Globant (NYSE:GLOB) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Globant earned a news impact score of 0.21 on Accern’s scale. Accern also gave headlines about the information technology services provider an impact score of 47.1661886275312 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Globant from a “sell” rating to a “hold” rating in a research note on Friday, January 19th. SunTrust Banks reissued a “hold” rating on shares of Globant in a research note on Sunday, October 22nd. BidaskClub downgraded shares of Globant from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. KeyCorp reissued a “hold” rating on shares of Globant in a research note on Friday, November 3rd. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $36.00 price target (down from $42.00) on shares of Globant in a research note on Friday, November 17th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. Globant has an average rating of “Hold” and an average price target of $46.20.

Globant (NYSE GLOB) opened at $44.21 on Tuesday. Globant has a 52 week low of $33.00 and a 52 week high of $48.57. The company has a market cap of $1,498.42, a PE ratio of 53.92 and a beta of 0.70.

Globant (NYSE:GLOB) last issued its earnings results on Thursday, November 16th. The information technology services provider reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.09). Globant had a return on equity of 13.55% and a net margin of 7.60%. analysts predict that Globant will post 0.83 EPS for the current fiscal year.

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About Globant

Globant SA is a digitally native technology services company. The Company’s principal operating subsidiary is based in Buenos Aires, Argentina. During the year ended December 31, 2015, 83.7% of its revenues were generated by clients in North America, 11.0% in Latin America and Asia, and 5.3% in Europe.

Insider Buying and Selling by Quarter for Globant (NYSE:GLOB)

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