Global-E Online Ltd GLBE

What the company does

Global-E Online Ltd is a mid-cap company in the Consumer Cyclical sector (Internet Retail), with a market value of $6.8B, based in the USA.

It employs about 1,219 people and has been listed since May 12, 2021.

Global-E Online Ltd., together with its subsidiaries, provides direct-to-consumer cross-border e-commerce platform in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online, and merchants to sell from and to worldwide. The company was incorporated in 2013 and is headquartered in Petah Tikva, Israel.

Cheap or expensive? relatively expensive

Its price-to-earnings (P/E) is 45.9 versus 27.3 for the median of the Consumer Cyclical sector in our universe (21 companies) — relatively expensive.

Revenue is growing 39% a year — the market is paying ahead for that growth. If it slows, the high multiple becomes the risk.

On analysts' next-year forecasts the multiple drops to 37.3 — they expect higher earnings.

The average analyst price target is 50.77, 26% above the current price (their view, not ours).

The stock sits at 79% of its one-year range (0% = the low, 100% = the high).

The risks

• No risk flags were detected from the data we have.

Strengths

• ✅ Profitable — 16 of every 100 dollars of revenue stays as profit.
• ✅ Generates free cash flow — profit becomes cash in the bank.
• ✅ More cash than debt.
• ✅ Most analysts rate it buy (12 vs 0).
• ✅ Revenue is growing 39% a year.

What changed this week

Over the past week the stock rose 2.8% (for comparison: S&P 500 +1.2%, sector ETF XLY +2.5%).

No notable news about the company was found in the past week.

What changed since last week

This is the first summary for this stock; from next week this section shows what changed.