GlobalData (LON:DATA) Releases Quarterly Earnings Results

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

GlobalData Stock Up 3.2 %

Shares of GlobalData stock opened at GBX 165.20 ($2.14) on Wednesday. The company has a debt-to-equity ratio of 5.16, a current ratio of 1.25 and a quick ratio of 0.61. The company has a market capitalization of £1.33 billion, a P/E ratio of 39.47, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. GlobalData has a 1 year low of GBX 155.98 ($2.02) and a 1 year high of GBX 244 ($3.16). The business has a 50-day moving average of GBX 188.90 and a two-hundred day moving average of GBX 196.83.

Insider Buying and Selling

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

Analyst Ratings Changes

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

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.