GlobalData (LON:DATA) Announces Earnings Results

GlobalData (LON:DATA) issued its quarterly earnings results on Monday. The company reported GBX 7.50 ($0.10) EPS for the quarter, Digital Look Earnings reports. GlobalData had a net margin of 11.96% and a return on equity of 12.99%.

GlobalData Stock Up 3.7 %

Shares of LON:DATA traded up GBX 5.87 ($0.08) during mid-day trading on Wednesday, hitting GBX 165.87 ($2.15). 3,217,819 shares of the company traded hands, compared to its average volume of 2,081,776. The stock has a market cap of £1.34 billion, a P/E ratio of 39.64, a P/E/G ratio of 1.52 and a beta of 0.58. The stock has a 50-day moving average price of GBX 188.90 and a two-hundred day moving average price of GBX 196.83. GlobalData has a 12-month low of GBX 155.98 ($2.02) and a 12-month high of GBX 244 ($3.16). The company has a current ratio of 1.25, a quick ratio of 0.61 and a debt-to-equity ratio of 5.16.

Analyst Ratings Changes

Separately, Berenberg Bank boosted their target price on GlobalData from GBX 295 ($3.82) to GBX 300 ($3.88) and gave the company a “buy” rating in a research report on Tuesday, January 14th.

Insider Buying and Selling

In other GlobalData news, insider Michael Danson sold 2,000,000 shares of the business’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of GBX 195 ($2.52), for a total value of £3,900,000 ($5,049,197.31). 66.45% of the stock is currently owned by corporate insiders.

GlobalData Company Profile

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.