GlobalData (LON:DATA) Posts Earnings Results

GlobalData (LON:DATA) posted its earnings results on Monday. The company reported GBX 7.50 ($0.10) 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 3.8 %

LON DATA opened at GBX 166 ($2.15) on Wednesday. The business has a fifty day moving average price of GBX 188.90 and a two-hundred day moving average price of GBX 196.83. The stock has a market capitalization of £1.34 billion, a PE ratio of 39.67, a PEG ratio of 1.52 and a beta of 0.58. GlobalData has a fifty-two week low of GBX 155.98 ($2.02) and a fifty-two week high of GBX 244 ($3.16). The company has a debt-to-equity ratio of 5.16, a current ratio of 1.25 and a quick ratio of 0.61.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lifted their target price 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.

Insider Activity

In related news, insider Michael Danson sold 2,000,000 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of GBX 195 ($2.52), for a total transaction of £3,900,000 ($5,049,197.31). Corporate insiders own 66.45% 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.