Globant Stock

Globant Market capitalization 2024

Globant Market capitalization

9.68 B USD

Ticker

GLOB

ISIN

LU0974299876

WKN

A117M8

In 2024, Globant's market cap stood at 9.68 B USD, a -7.05% increase from the 10.41 B USD market cap in the previous year.

The Globant Market capitalization history

YEARMarket Capitalization (undefined USD)
20237.85
20229.01
202110.1
20205.99
20193.34
20181.94
20171.4
20161.3
20150.94
20140.42
2013-
2012-
2011-
2010-
2009-

Globant Aktienanalyse

What does Globant do?

Globant SA is a software development company based in Buenos Aires, Argentina and has become a significant player in the IT services industry in recent years. The company was founded in 2003 by four Argentine IT researchers. Today, Globant employs around 19,000 employees worldwide and has locations in North and South America, Europe, and Asia. Globant's business model is based on supporting companies in the development of digital products and services. Customized solutions for areas such as cloud, artificial intelligence, big data, mobile, and IoT (Internet of Things) are the focus. The company provides its customers with the necessary platform for digital transformation and leverages numerous technology expertise and innovative development concepts. By combining design, technology, and innovation, Globant uses its services to create digital experiences that enable customer focus and growth. Globant itself is divided into various divisions such as UX (User Experience), engineering, QA (Quality Assurance), and digital marketing, which offer different services in the software development process to their clients. For example, UX offers design and analysis capabilities to understand customer needs and experiences and develop tailored products and services. The engineering team has expertise in areas such as software development, cloud computing, and server management. The QA division is involved in quality assurance and ensures that the developed software systems are tested in a stable environment. The digital marketing division develops personalized and optimized solutions for the digital marketing sector. One of the products that Globant offers its customers is the "Nearshore" service. This involves the outsourcing of software development to experts located near, but outside of, the company's premises. Companies that utilize the nearshore service benefit from the advantages of broader expertise and experience without having to build their own resources. Additionally, Globant offers the "StressTestBot," a tool for analyzing and optimizing the performance and security of websites and applications. The StressTestBot is used to uncover bottlenecks and vulnerabilities that often go unnoticed with conventional methods. Over the past few years, Globant has built a strong corporate culture. The company has chosen a very inclusive approach, making diversity and inclusion an integral part of its corporate philosophy. As part of its inclusion strategy, Globant also provides training to encourage people to break down barriers and fulfill their full potential. In addition, Globant is also involved in social projects, including support for technology, education, and health-related initiatives. Overall, Globant SA is a rising company that offers its customers a wide range of digital solutions. The company has a strong team of experts, a diverse range of services, and a strong corporate culture centered around inclusion, diversity, and social responsibility. With a clear focus on innovation, Globant aims to help its customers achieve their business goals through tailored digital solutions. Globant ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Globant's Market Capitalization

Globant's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Globant's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Globant's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Globant’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Globant stock

What is the current Globant market capitalization?

The current market capitalization of Globant is 9.68 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Globant.

How has the market capitalization of Globant developed in recent years?

The market capitalization of Globant has increased/decreased by -7.05% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Globant?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Globant?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Globant have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Globant pay?

Over the past 12 months, Globant paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Globant is expected to pay a dividend of 0 USD.

What is the dividend yield of Globant?

The current dividend yield of Globant is .

When does Globant pay dividends?

Globant pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Globant?

Globant paid dividends every year for the past 0 years.

What is the dividend of Globant?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Globant located?

Globant is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Globant kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Globant from 12/5/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/5/2024.

When did Globant pay the last dividend?

The last dividend was paid out on 12/5/2024.

What was the dividend of Globant in the year 2023?

In the year 2023, Globant distributed 0 USD as dividends.

In which currency does Globant pay out the dividend?

The dividends of Globant are distributed in USD.

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Andere Kennzahlen von Globant

Our stock analysis for Globant Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Globant Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.