Global E Online Ltd (NASDAQ:GLBE)’s traded shares stood at 1.05 million during the last session, with the company’s beta value hitting 1.36. At the close of trading, the stock’s price was $36.11, to imply an increase of 0.56% or $0.2 in intraday trading. The GLBE share’s 52-week high remains $63.69, putting it -76.38% down since that peak but still an impressive 26.23% since price per share fell to its 52-week low of $26.64. The company has a valuation of $6.12B, with an average of 1.52 million shares in intraday trading volume over the past 10 days and average of 2.09 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Global E Online Ltd (GLBE), translating to a mean rating of 1.12. Of 11 analyst(s) looking at the stock, 0 analyst(s) give GLBE a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.08.
Global E Online Ltd (NASDAQ:GLBE) trade information
After registering a 0.56% upside in the last session, Global E Online Ltd (GLBE) has traded red over the past five days. The 5-day price performance for the stock is -0.61%, and 0.33% over 30 days. With these gigs, the year-to-date price performance is -33.78%. Short interest in Global E Online Ltd (NASDAQ:GLBE) saw shorts transact 4.86 million shares and set a 2.18 days time to cover.
The extremes give us $40 and $66 for target low and target high price respectively. As such, GLBE has been trading -82.77% off suggested target high and -10.77% from its likely low.
Global E Online Ltd (GLBE) estimates and forecasts
The rating firms project that company’s revenue will grow 24.87% compared to the previous financial year.
Revenue forecast for the current quarter as set by 11 analysts is 187.84M. Meanwhile, for the current quarter, a total of 10 analyst(s) estimate revenue growth to 212.74M.Earnings reports from the last fiscal year show that sales brought in 145.87M and 168.01M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 28.77% before jumping 26.62% in the following quarter.
GLBE Dividends
Global E Online Ltd has its next earnings report out on 2025-Feb-18. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Global E Online Ltd (NASDAQ:GLBE)’s Major holders
Global E Online Ltd insiders hold 30.35% of total outstanding shares, with institutional holders owning 69.41% of the shares at 99.65% float percentage. In total, 69.41% institutions holds shares in the company, led by MORGAN STANLEY. As of 2024-06-30, the company held over 17.49 million shares (or 10.4737% of shares), all amounting to roughly $634.34 million.
The next major institution holding the largest number of shares is DRAGONEER INVESTMENT GROUP, LLC with 14.73 million shares, or about 8.8237% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $534.4 million.
