GlobalData (LON:DATA – Get Free Report) issued its earnings results on Monday. The company reported GBX 2.70 earnings per share (EPS) for the quarter, Digital Look Earnings reports. GlobalData had a net margin of 10.84% and a return on equity of 12.09%.
GlobalData Price Performance
Shares of LON:DATA opened at GBX 57.50 on Wednesday. The stock has a market cap of £376.28 million, a price-to-earnings ratio of 13.07, a PEG ratio of 1.52 and a beta of 0.72. The company has a debt-to-equity ratio of 71.69, a current ratio of 0.85 and a quick ratio of 0.61. GlobalData has a 12 month low of GBX 52.61 and a 12 month high of GBX 153. The stock’s 50 day moving average price is GBX 78.20 and its 200 day moving average price is GBX 84.61.
Insider Transactions at GlobalData
In other GlobalData news, insider Michael Danson sold 20,117,282 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of GBX 85, for a total transaction of £17,099,689.70. Insiders own 67.14% of the company’s stock.
More GlobalData News
- 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.
Analyst Upgrades and Downgrades
Several research firms have recently commented on DATA. JPMorgan Chase & Co. lowered their target price on GlobalData from GBX 110 to GBX 90 and set a “neutral” rating for the company in a report on Tuesday. Deutsche Bank Aktiengesellschaft lowered GlobalData to a “buy” rating and boosted their price objective for the company from GBX 98 to GBX 170 in a research report on Tuesday. Finally, Berenberg Bank lowered their price objective on GlobalData from GBX 105 to GBX 90 and set a “buy” rating for the company in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 148.75.
GlobalData declared that its board has approved a share buyback plan on Tuesday, June 23rd that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.
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.
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