During the last three months, 12 analysts shared their evaluations of Global E Online GLBE, revealing diverse outlooks 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 | 5 | 7 | 0 | 0 | 0 |
| Last 30D | 1 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 2 | 0 | 0 | 0 |
| 3M Ago | 3 | 3 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $44.42, a high estimate of $48.00, and a low estimate of $37.00. This current average has increased by 0.75% from the previous average price target of $44.09.
Exploring Analyst Ratings: An In-Depth Overview
The standing of Global E Online among financial experts becomes clear 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 |
|---|---|---|---|---|---|
| Brent Bracelin | Piper Sandler | Lowers | Overweight | $44.00 | $47.00 |
| Scott Berg | Needham | Maintains | Buy | $48.00 | $48.00 |
| James Faucette | Morgan Stanley | Raises | Overweight | $40.00 | $37.00 |
| Brent Bracelin | Piper Sandler | Lowers | Overweight | $47.00 | $50.00 |
| Patrick Walravens | JMP Securities | Maintains | Market Outperform | $46.00 | $46.00 |
| Will Nance | Goldman Sachs | Maintains | Buy | $43.00 | $43.00 |
| Patrick Walravens | JMP Securities | Maintains | Market Outperform | $46.00 | - |
| Patrick Walravens | JMP Securities | Maintains | Market Outperform | $46.00 | $46.00 |
| Mark Zgutowicz | Benchmark | Maintains | Buy | $41.00 | $41.00 |
| Scott Berg | Needham | Maintains | Buy | $48.00 | $48.00 |
| Vivek Arya | B of A Securities | Raises | Buy | $47.00 | $46.00 |
| James Faucette | Morgan Stanley | Raises | Overweight | $37.00 | $33.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Global E Online. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Global E Online compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Global E Online's stock. This comparison reveals trends 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.
Discovering Global E Online: A Closer Look
Global E Online Ltd provides e-commerce solutions. The company 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. The company localizes the shopper experience 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: A Financial Overview
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Global E Online's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 24.01%. This signifies a substantial increase in the company's 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 -21.97%, 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 -3.58%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Global E Online's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -2.78%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Global E Online's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.03.
How Are Analyst Ratings Determined?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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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