GlobalData (LON:DATA) Announces Earnings Results

GlobalData (LON:DATA) released its quarterly earnings results on Monday. The company reported GBX 2.70 EPS for the quarter, Digital Look Earnings reports. GlobalData had a return on equity of 12.09% and a net margin of 10.84%.

GlobalData Price Performance

DATA opened at GBX 57.26 on Wednesday. The company has a current ratio of 0.85, a quick ratio of 0.61 and a debt-to-equity ratio of 71.69. The company has a market cap of £374.71 million, a price-to-earnings ratio of 13.01, a price-to-earnings-growth ratio of 1.52 and a beta of 0.72. The stock has a fifty day simple moving average of GBX 78.20 and a two-hundred day simple moving average of GBX 84.61. GlobalData has a 12-month low of GBX 52.61 and a 12-month high of GBX 153.

Key GlobalData News

Here are the key news stories impacting GlobalData this week:

• Positive Sentiment: GlobalData continued its share repurchase programme, cancelling 100,000 shares. Reducing the share count can support earnings per share and signals that management continues to view buybacks as an appropriate use of capital. GlobalData Cancels 100,000 Shares Under Ongoing Buyback Programme
• Positive Sentiment: GlobalData’s analysis said Vodafone TV is strengthening the convergence proposition of VodafoneThree, highlighting demand for the company’s telecom and media market intelligence. Vodafone TV gives VodafoneThree convergence boost, says GlobalData
• Positive Sentiment: Deutsche Bank’s reported update lifted its GlobalData price target from GBX 98 to GBX 170 and retained a “buy” rating, providing a significantly more optimistic valuation view than other recent broker updates.
• Neutral Sentiment: GlobalData published research covering AI-driven competitive pressures on UK commercial brokers, autonomous-vehicle regulation and the projected $60 billion global microgrid market. These reports reinforce the breadth of its research offering, although the articles do not announce new contracts or immediate revenue gains. AI adds to competitive pressures facing UK commercial brokers Americas to lead global microgrid market growth
• Negative Sentiment: JPMorgan cut its target from GBX 110 to GBX 90 and moved to “neutral.” Berenberg also reduced its target from GBX 105 to GBX 90, despite maintaining a “buy” rating. The reductions suggest concern about near-term valuation or growth, likely weighing on sentiment.

Analysts Set New Price Targets

A number of equities analysts recently commented on DATA shares. Deutsche Bank Aktiengesellschaft downgraded GlobalData to a “buy” rating and upped their target price for the company from GBX 98 to GBX 170 in a report on Tuesday. Berenberg Bank reduced their price objective on shares of GlobalData from GBX 105 to GBX 90 and set a “buy” rating on the stock in a research report on Tuesday. Finally, JPMorgan Chase & Co. decreased their price objective on shares of GlobalData from GBX 110 to GBX 90 and set a “neutral” rating for the company in a report on Tuesday. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 148.75.

GlobalData announced that its Board of Directors has authorized a stock buyback program on Tuesday, June 23rd that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Activity at GlobalData

In other news, insider Michael Danson sold 20,117,282 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of GBX 85, for a total value of £17,099,689.70. Company insiders own 67.14% of the company’s stock.

GlobalData Company Profile

GlobalData operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change.

By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what’s coming, move faster, and lead with confidence.

Our solutions are used by over 5,000 organizations across the world’s largest industries, delivering tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth.

Strategic Priorities
GlobalData’s four strategic priorities are: Customer Obsession, World Class Product, Sales Excellence and Operational Agility.