During the last three months, 13 analysts shared their evaluations of Global E Online GLBE, revealing diverse outlooks from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 7 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 2 | 0 | 0 | 0 |
| 2M Ago | 4 | 3 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $43.38, along with a high estimate of $50.00 and a low estimate of $33.00. A 7.49% drop is evident in the current average compared to the previous average price target of $46.89.
Diving into Analyst Ratings: An In-Depth Exploration
A comprehensive examination of how financial experts perceive Global E Online is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Brent Bracelin | Piper Sandler | Raises | Overweight | $50.00 | $45.00 |
| Brent Bracelin | Piper Sandler | Maintains | Overweight | $45.00 | - |
| Patrick Walravens | JMP Securities | Maintains | Market Outperform | $46.00 | - |
| Scott Berg | Needham | Maintains | Buy | $48.00 | - |
| Will Nance | Goldman Sachs | Lowers | Buy | $36.00 | $48.00 |
| Kunal Madhukar | UBS | Lowers | Buy | $45.00 | $50.00 |
| Mark Zgutowicz | Benchmark | Lowers | Buy | $40.00 | $50.00 |
| James Faucette | Morgan Stanley | Lowers | Equal-Weight | $33.00 | $41.00 |
| Scott Berg | Needham | Maintains | Buy | $48.00 | - |
| Josh Beck | Keybanc | Lowers | Overweight | $40.00 | $42.00 |
| Brian Peterson | Raymond James | Lowers | Outperform | $41.00 | $45.00 |
| Brent Bracelin | Piper Sandler | Lowers | Overweight | $45.00 | $47.00 |
| Brent Bracelin | Piper Sandler | Lowers | Overweight | $47.00 | $54.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Global E Online. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Global E Online compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Global E Online's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Global E Online's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Global E Online analyst ratings.
Discovering Global E Online: A Closer Look
Global E Online Ltd provides e-commerce solutions. It offers a platform to enable and accelerate global, direct-to-consumer cross-border e-commerce. The platform was purpose-built for international shoppers to buy seamlessly online and for merchants to sell from, and, anywhere in the world. It localizes the shopper experience in an effort to make international transactions as seamless as domestic ones. The platform increases the conversion of international traffic into sales by removing much of the complexity associated with international e-commerce.
Global E Online's Economic Impact: An Analysis
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, Global E Online showcased positive performance, achieving a revenue growth rate of 26.57% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Global E Online's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -24.77%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Global E Online's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -3.61%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Global E Online's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -2.95%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Global E Online's debt-to-equity ratio is below the industry average. With a ratio of 0.02, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Understanding the Relevance of Analyst Ratings
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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