12 Month Price Forecast For GLBS
Distance to GLBS Price Forecasts
GLBS Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: December 13, 2024 12:54 PM UTC
GLBS Analyst Ratings & Price Targets
Based on our analysis of 2 Wall Street analysts, GLBS has a consensus that is bullish. The median price target is $4.00, with forecasts ranging from $4.00 to $4.00. Currently, there are 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
With GLBS currently trading at $1.26, the median price forecast suggests a 217.5% upside. The most optimistic forecast comes from at Wunderlich Securities, projecting a 217.5% upside, while at Wunderlich Securities provides the most conservative target, suggesting a 217.5% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
GLBS Analyst Consensus
GLBS Price Target Range
Latest GLBS Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for GLBS.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Aug 2, 2021 | Maxim Group | Tate Sullivan | Buy | Initiates | $6.00 |
| Nov 25, 2020 | Wunderlich | Buy | Upgrade | $0.00 | |
| Apr 14, 2014 | Wunderlich | Buy | Upgrade | $0.00 | |
| Apr 14, 2014 | Wunderlich Securities | Buy | Upgrade | $5.00 | |
| Sep 30, 2013 | Wunderlich | Hold | Maintains | $0.00 | |
| Sep 30, 2013 | Wunderlich Securities | Hold | Maintains | $4.00 | |
| Nov 29, 2012 | Wunderlich | Hold | Maintains | $0.00 | |
| Nov 29, 2012 | Wunderlich Securities | Hold | Maintains | $0.00 | |
| Sep 12, 2012 | Wunderlich Securities | Hold | Maintains | $3.50 | |
| Sep 12, 2012 | Wunderlich | Hold | Maintains | $0.00 |
Globus Maritime Ltd (GLBS) Financial Data
Globus Maritime Ltd has a market capitalization of $27.79M with a P/E ratio of 9.6x. The company generates $32.02M in trailing twelve-month revenue with a 21.3% profit margin.
Revenue growth is +21.5% quarter-over-quarter, while maintaining an operating margin of +19.3% and return on equity of +3.9%.
Valuation Metrics
Growth & Margins
Financial Health
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Globus Maritime Ltd (GLBS) Company Overview
About Globus Maritime Ltd
Provides marine transportation services worldwide.
The company operates an integrated dry bulk shipping model, owning and managing a fleet that transports various cargoes, including iron ore and grain. It generates revenue primarily through time charters and voyage charters to operators, trading houses, and government entities.
As of September 2024, Globus Maritime Limited operates eight vessels with a total capacity of 571,313 deadweight tonnage. Established in 2006 and based in Athens, Greece, it is a subsidiary of Firment Trading Limited.
Company Information
Sector
Industrials
Industry
Marine Shipping
Employees
24
CEO
Mr. Athanasios Feidakis
Country
Greece
IPO Year
2008
Website
www.globusmaritime.grGlobus Maritime Ltd (GLBS) Latest News & Analysis
Globus Maritime Limited Reports Financial Results for the Third Quarter and Nine-month period ended September 30, 2024
14 days agoGlobus Maritime Limited (NASDAQ: GLBS) announced its unaudited financial results for Q3 and the nine-month period ending September 30, 2024. Further details on performance were not provided.
Globus Maritime's Q3 financial results indicate its performance and profitability, influencing stock valuation and investor confidence in the dry bulk shipping sector.
Globus Maritime Sets Date for the Release of Third Quarter and Nine Months 2024 Results
16 days agoGlobus Maritime Limited (NASDAQ: GLBS) will release its financial results for Q3 and the nine-month period ending September 30, 2024, on November 29, 2024, after market close.
Globus Maritime's upcoming financial results release may impact its stock price, reflecting performance trends and market sentiment in the dry bulk shipping sector.
Globus Maritime Limited Announces Agreements to Purchase Two Vessels
1 month agoGlobus Maritime Limited (NASDAQ: GLBS) has agreed to acquire two Kamsarmax dry bulk vessels for a total of $54 million, with payments structured upon delivery and a year-end balance.
Globus Maritime's acquisition of two Kamsarmax vessels indicates expansion and investment in fleet capabilities, potentially boosting future revenue and market position.
Globus Maritime Limited Announces the Delivery of a 2024-Built Ultramax Dry Bulk Vessel “Glbs Magic,” Expanding Fleet to Eight Vessels
2 months agoGlobus Maritime Limited (NASDAQ: GLBS) announced the delivery of the M/V “Glbs Magic,” a new Ultramax dry bulk carrier, on September 20, 2024.
The delivery of a new Ultramax dry bulk carrier enhances Globus Maritime's fleet capacity, potentially increasing revenue and competitiveness in the shipping market.
Globus Maritime Limited Reports Financial Results for the Second Quarter and Six-month period ended June 30, 2024
3 months agoGlobus Maritime Limited (NASDAQ: GLBS) reported its unaudited financial results for Q2 and the first half of 2024, as announced on September 12, 2024.
Globus Maritime's Q2 and six-month financial results influence investor sentiment by indicating the company's performance trends, impacting stock valuation and investment decisions in the shipping sector.
Globus Maritime Announces Results of Annual Meeting of Shareholders
3 months agoGlobus Maritime Limited (NASDAQ: GLBS) announced the approval of multiple proposals at its annual shareholder meeting held on September 12, 2024, in Glyfada, Greece.
The approval of shareholder proposals may indicate positive governance and strategic direction for Globus Maritime, potentially impacting stock performance and investor confidence.
Frequently Asked Questions About GLBS Stock
What is Globus Maritime Ltd's (GLBS) stock forecast for 2025?
Based on our analysis of 2 Wall Street analysts, Globus Maritime Ltd (GLBS) has a median price target of $4.00. The highest price target is $4.00 and the lowest is $4.00.
Is GLBS stock a good investment in 2025?
According to current analyst ratings, GLBS has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.26. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for GLBS stock?
Wall Street analysts predict GLBS stock could reach $4.00 in the next 12 months. This represents a 217.5% increase from the current price of $1.26. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Globus Maritime Ltd's business model?
The company operates an integrated dry bulk shipping model, owning and managing a fleet that transports various cargoes, including iron ore and grain. It generates revenue primarily through time charters and voyage charters to operators, trading houses, and government entities.
What is the highest forecasted price for GLBS Globus Maritime Ltd?
Price targets from Wall Street analysts for GLBS are not currently available. The stock is trading at $1.26.
What is the lowest forecasted price for GLBS Globus Maritime Ltd?
Price targets from Wall Street analysts for GLBS are not currently available. The stock is trading at $1.26.
What is the overall GLBS consensus from analysts for Globus Maritime Ltd?
The overall analyst consensus for GLBS is bullish. Out of 2 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $4.00.
How accurate are GLBS stock price projections?
Stock price projections, including those for Globus Maritime Ltd, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
