Analyzing Globant (NYSE:GLOB) and Adit EdTech Acquisition (NYSE:ADEX)

Adit EdTech Acquisition (NYSE:ADEX) and Globant (NYSE:GLOB) are both medical companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, valuation, risk, profitability, analyst recommendations, earnings and institutional ownership.

Valuation & Earnings

This table compares Adit EdTech Acquisition and Globant’s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Adit EdTech Acquisition	N/A	N/A	$4.83 million	N/A	N/A
Globant	$1.78 billion	4.33	$148.89 million	$3.44	53.05

Globant has higher revenue and earnings than Adit EdTech Acquisition.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Adit EdTech Acquisition and Globant, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Adit EdTech Acquisition	0	0	0	0	N/A
Globant	0	1	12	0	2.92

Globant has a consensus price target of $217.36, indicating a potential upside of 19.10%. Given Globant’s higher possible upside, analysts plainly believe Globant is more favorable than Adit EdTech Acquisition.

Institutional & Insider Ownership

18.5% of Adit EdTech Acquisition shares are held by institutional investors. Comparatively, 91.5% of Globant shares are held by institutional investors. 0.3% of Adit EdTech Acquisition shares are held by company insiders. Comparatively, 2.7% of Globant shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Adit EdTech Acquisition and Globant’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Adit EdTech Acquisition	N/A	-20.12%	-0.81%
Globant	7.74%	11.40%	8.35%

Volatility & Risk

Adit EdTech Acquisition has a beta of 0.02, suggesting that its stock price is 98% less volatile than the S&P 500. Comparatively, Globant has a beta of 1.31, suggesting that its stock price is 31% more volatile than the S&P 500.

Summary

Globant beats Adit EdTech Acquisition on 10 of the 10 factors compared between the two stocks.

About Adit EdTech Acquisition

Adit EdTech Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. Adit EdTech Acquisition Corp. was incorporated in 2020 and is based in New York, New York.

About Globant

Globant S.A. operates as a technology services company worldwide. The company offers e-commerce, new distribution capabilities, augmented revenue management, hyper connected operation, and conversational user experience services through reinvention studios; digital lending, commercial effectiveness, finance, sustainability, regulation analytic, transformation and post-merger integration, and payment and open banking services; and game and graphic engineering, UI and UX design, game as a service, DevOps, and online services, as well as high tech tools. It also provides cloud transformation advice, building cloud environment, moving workloads to the cloud, cloud support and operation, chaos engineering, and site reliability engineering services; and data strategies, insights, data platforms, MLOps, and data as a product services. In addition, the company offers agile delivery, blockchain, business and cultural hacking, conversational interface, cybersecurity, design, digital sales and marketing, enterprise applications, internet of thing, metaverse, process optimization, quality engineering, salesforce, learning, UI engineering, and sustainable business solutions. Further, it provides digital experience platforms; product strategy, management, and delivery services; and strategic architecture consulting, platforms evolution, and augmented composable solutions. Additionally, operates Augoor, MagnifAI, StarMeUp, WaaSabi, Walmeric, GeneXus, Navigate, BeHealthy, and FluentLab platforms. It offers its services to enterprises in various industries, including media and entertainment, professional, technology and telecommunications, travel and hospitality, banks, financial services and insurance, consumer, retail and manufacturing, health care, and others. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg.