GlobalData (LON:DATA) Posts 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 net margin of 11.96% and a return on equity of 12.99%.

GlobalData Stock Up 3.7 %

DATA traded up GBX 5.87 ($0.08) during trading hours on Wednesday, hitting GBX 165.87 ($2.15). 3,217,819 shares of the company’s stock were exchanged, compared to its average volume of 2,081,776. The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.16. GlobalData has a 1-year low of GBX 155.98 ($2.02) and a 1-year high of GBX 244 ($3.16). The stock’s 50-day moving average is GBX 188.90 and its two-hundred day moving average is GBX 196.83. The stock has a market cap of £1.34 billion, a price-to-earnings ratio of 39.64, a PEG ratio of 1.52 and a beta of 0.58.

Insiders Place Their Bets

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

Analyst Ratings Changes

Separately, Berenberg Bank raised their price target on GlobalData from GBX 295 ($3.82) to GBX 300 ($3.88) and gave the stock a “buy” rating in a research 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.