Globus Maritime: Maxim Group downgrades to Buy, PT lowered to $3.
ByAinvest
Monday, Jun 23, 2025 11:50 am ET1min read
GLBS--
Globus Maritime (NASDAQ: GLBS) has seen its stock price react to recent earnings reports and an analyst downgrade. On June 19, 2025, Maxim Group downgraded its rating on Globus Maritime to "Buy" and lowered its price target to $3 [1].
In the second quarter of 2025, Globus Maritime reported an earnings per share (EPS) of $-0.0700, which was $0.01 worse than the analyst estimate of $-0.0600. The company's revenue for the quarter came in at $8.6 million, falling short of the consensus estimate of $11.4 million [1].
The stock price of Globus Maritime closed at $1.28 on June 19, 2025. Over the past three months, the stock has seen a 2.41% increase, while in the last 12 months, it has experienced a decline of 35.35% [1].
Investors should also note that Globus Maritime has seen both positive and negative EPS revisions in the last 90 days, according to InvestingPro. The company's Financial Health score is classified as "fair performance" [1].
The downgrade by Maxim Group comes amidst a broader market sentiment that has seen Globus Maritime's stock price fluctuate significantly. The company's recent earnings performance and financials indicate a need for investors to closely monitor the company's future earnings reports and strategic decisions.
References:
[1] https://au.investing.com/news/earnings/globus-maritime-earnings-missed-by-001-revenue-fell-short-of-estimates-3892455
Globus Maritime: Maxim Group downgrades to Buy, PT lowered to $3.
Title: Globus Maritime: Maxim Group Downgrades to Buy, PT Lowered to $3Globus Maritime (NASDAQ: GLBS) has seen its stock price react to recent earnings reports and an analyst downgrade. On June 19, 2025, Maxim Group downgraded its rating on Globus Maritime to "Buy" and lowered its price target to $3 [1].
In the second quarter of 2025, Globus Maritime reported an earnings per share (EPS) of $-0.0700, which was $0.01 worse than the analyst estimate of $-0.0600. The company's revenue for the quarter came in at $8.6 million, falling short of the consensus estimate of $11.4 million [1].
The stock price of Globus Maritime closed at $1.28 on June 19, 2025. Over the past three months, the stock has seen a 2.41% increase, while in the last 12 months, it has experienced a decline of 35.35% [1].
Investors should also note that Globus Maritime has seen both positive and negative EPS revisions in the last 90 days, according to InvestingPro. The company's Financial Health score is classified as "fair performance" [1].
The downgrade by Maxim Group comes amidst a broader market sentiment that has seen Globus Maritime's stock price fluctuate significantly. The company's recent earnings performance and financials indicate a need for investors to closely monitor the company's future earnings reports and strategic decisions.
References:
[1] https://au.investing.com/news/earnings/globus-maritime-earnings-missed-by-001-revenue-fell-short-of-estimates-3892455
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