Global-E Online moved -6.4% this afternoon session, trading between a high of $35.12 and a low of $32.49 per share. Yesterday the stock finished at $34.94 per share, compared to an average analyst target price of $40.89.
Global-E Online Ltd., together with its subsidiaries, provides a platform to enable and accelerate direct-to-consumer cross-border e-commerce in Israel, the United Kingdom, the United States, and internationally. The mid-cap computer software: prepackaged software company is based in Israel, and over the last twelve months it has returned a dividend yield of None%. Global-E Online has trailing twelve months earnings per share (EPS) of -1.28, which at today's prices amounts to a price to earnings (P/E) ratio of -25.5.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of -1.52. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 409,049 | 250,871 | 38.67 | 3.73 |
| 2021-12-31 | 245,274 | 153,841 | 37.28 | 16.94 |
| 2020-12-31 | 136,375 | 92,902 | 31.88 | 12.49 |
| 2019-12-31 | 65,852 | 47,188 | 28.34 | n/a |
Global-E Online's 34.0% average gross margins are thinner than the 70.92% average of the Software industry, implying that the firm might be lacking in competitivity.
