GlobalData (LON:DATA) Hits New 12-Month Low – What’s Next?

GlobalData Plc (LON:DATA) hit a new 52-week low on Tuesday . The company traded as low as GBX 120 ($1.61) and last traded at GBX 120.50 ($1.62), with a volume of 1263250 shares changing hands. The stock had previously closed at GBX 124.50 ($1.67).

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 260 target price on shares of GlobalData in a research report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft reduced their price target on GlobalData from GBX 215 to GBX 195 and set a “buy” rating for the company in a research report on Tuesday, July 15th. Finally, Shore Capital reissued a “buy” rating on shares of GlobalData in a research report on Tuesday, July 15th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 227.50.

GlobalData Trading Down 0.8%

The stock has a market capitalization of £859.74 million, a P/E ratio of 6,025.00, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. The company has a current ratio of 1.25, a quick ratio of 0.61 and a debt-to-equity ratio of 5.16. The company has a 50-day moving average price of GBX 133.69 and a 200 day moving average price of GBX 148.02.

GlobalData (LON:DATA) last released its quarterly earnings results on Tuesday, August 5th. The company reported GBX 3 EPS for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. On average, research analysts forecast that GlobalData Plc will post 9.6687774 earnings per share for the current fiscal year.

Insider Activity at GlobalData

In related news, insider Peter Harkness sold 17,800 shares of the company’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of GBX 150, for a total transaction of £26,700. Also, insider Michael Danson sold 20,000,000 shares of the company’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of GBX 150, for a total value of £30,000,000. Insiders have sold 20,563,734 shares of company stock valued at $3,080,805,104 in the last ninety days. Corporate insiders own 61.00% of the company’s stock.

About GlobalData

GlobalData Plc is a leading data, insights, and analytics platform for the world’s largest industries. Our mission is to help our clients decode the future, make better decisions, and reach more customers.

One Platform Model
GlobalData’s One Platform model is the foundation of our business and is the result of years of continuous investment, targeted acquisitions, and organic development.