In the preceding three months, 8 analysts have released ratings for Global E Online GLBE, presenting a wide array of perspectives from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 3 | 5 | 0 | 0 | 0 |
Last 30D | 1 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 1 | 2 | 0 | 0 | 0 |
3M Ago | 1 | 2 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Global E Online, presenting an average target of $47.88, a high estimate of $50.00, and a low estimate of $45.00. Surpassing the previous average price target of $40.50, the current average has increased by 18.22%.
Decoding Analyst Ratings: A Detailed Look
A clear picture of Global E Online's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Scott Berg | Needham | Maintains | Buy | $48.00 | - |
Brent Bracelin | Piper Sandler | Maintains | Overweight | $50.00 | - |
Andrew Bauch | Wells Fargo | Announces | Overweight | $50.00 | - |
Will Nance | Goldman Sachs | Raises | Buy | $46.00 | $36.00 |
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 | - |
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: Delving into movements, analysts provide estimates for the future value of Global E Online's stock. This analysis reveals shifts in analysts' expectations over time.
Capture valuable insights into Global E Online's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Global E Online analyst ratings.
All You Need to Know About Global E Online
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.
Breaking Down Global E Online's Financial Performance
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Global E Online's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 26.57% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -24.77%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Global E Online's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -3.61%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Global E Online's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -2.95%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Global E Online's debt-to-equity ratio is below the industry average at 0.02, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyst Ratings: Simplified
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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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