GlobalData (LON:DATA) Trading Up 9.4% – What’s Next?

GlobalData Plc (LON:DATA)’s stock price was up 9.4% during trading on Tuesday . The company traded as high as GBX 73.40 and last traded at GBX 72.20. Approximately 2,501,424 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 2,980,371 shares. The stock had previously closed at GBX 66.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on DATA shares. Berenberg Bank reiterated a “buy” rating and set a GBX 170 price target on shares of GlobalData in a report on Wednesday, January 14th. Shore Capital Group reaffirmed a “buy” rating on shares of GlobalData in a research report on Thursday, January 15th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of GBX 195.

GlobalData Price Performance

The stock has a market cap of £539.39 million, a price-to-earnings ratio of 38.30, a P/E/G ratio of 1.52 and a beta of 0.37. The company has a current ratio of 0.90, a quick ratio of 0.61 and a debt-to-equity ratio of 62.52. The company’s fifty day moving average is GBX 84.04 and its two-hundred day moving average is GBX 105.03.

GlobalData (LON:DATA) last released its quarterly earnings results on Monday, March 2nd. The company reported GBX 7.30 EPS for the quarter. GlobalData had a return on equity of 9.94% and a net margin of 10.28%. As a group, research analysts predict that GlobalData Plc will post 9.6687774 earnings per share for the current year.

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.