GlobalData (LON:DATA) Issues Quarterly Earnings Results

GlobalData (LON:DATA) announced 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 10.28% and a return on equity of 9.94%.

GlobalData Price Performance

GlobalData stock opened at GBX 56.95 on Monday. The company has a quick ratio of 0.61, a current ratio of 0.90 and a debt-to-equity ratio of 62.52. GlobalData has a 52-week low of GBX 52.61 and a 52-week high of GBX 153.50. The firm has a market cap of £372.70 million, a PE ratio of 12.94, a price-to-earnings-growth ratio of 1.52 and a beta of 0.72. The company’s 50 day moving average is GBX 79.10 and its two-hundred day moving average is GBX 84.91.

Insider Activity at GlobalData

In other news, insider Michael Danson sold 20,117,282 shares of the company’s 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. 67.14% of the stock is currently owned by company insiders.

GlobalData announced that its board has initiated a share buyback program on Tuesday, June 23rd that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. dropped their target price on GlobalData from GBX 135 to GBX 110 and set a “neutral” rating for the company in a report on Friday, July 17th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 173.75.

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.