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S&P Global (SPGI) Stock Price, News & Analysis

$510.64
-6.36 (-1.23%)
(As of 09/6/2024 ET)
Today's Range
$510.12
â–Ľ
$521.50
50-Day Range
$446.32
â–Ľ
$517.00
52-Week Range
$340.49
â–Ľ
$521.50
Volume
1.04 million shs
Average Volume
1.23 million shs
Market Capitalization
$159.78 billion
P/E Ratio
57.25
Dividend Yield
0.71%
Price Target
$535.25

S&P Global MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
4.8% Upside
$535.25 Price Target
Short Interest
Healthy
1.27% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
0.73mentions of S&P Global in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$8.65 M Sold Last Quarter
Proj. Earnings Growth
11.19%
From $14.57 to $16.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.59 out of 5 stars

Business Services Sector

32nd out of 303 stocks

Consumer Credit Reporting Agencies, Mercantile Reporting Agencies, Industry

2nd out of 5 stocks

SPGI stock logo

About S&P Global Stock (NYSE:SPGI)

S&P Global Inc., together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. It operates through S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, S&P Dow Jones Indices, and S&P Global Engineering Solutions segments. The S&P Global Market Intelligence segment offers multi-asset-class data and analytics integrated with purpose-built workflow solutions. This segment offers Desktop, a product suite that provides data, analytics, and third-party research; Data and Advisory Solutions for research, reference data, market data, derived analytics, and valuation services; Enterprise Solutions, software and workflow solutions; and Credit & Risk Solutions for selling Ratings' credit ratings and related data and research. The S&P Global Ratings segment operates as an independent provider of credit ratings, research, and analytics, offering investors and other market participants information, ratings, and benchmarks. The S&P Global Commodity Insights segment provides information and benchmark prices for the commodity and energy markets. The S&P Global Mobility segment provides solutions serving the full automotive value chain, including vehicle manufacturers (OEMs), automotive suppliers, mobility service providers, retailers, consumers, and finance and insurance companies. The S&P Dow Jones Indices segment is an index provider that maintains various valuation and index benchmarks for investment advisors, wealth managers, and institutional investors. The S&P Global Engineering Solutions segment offers engineering standards and related technical knowledge, including product design to provide information and insight to design products, optimize engineering projects and outcomes, solve technical problems, and address complex supply chain issues. S&P Global Inc. was founded in 1860 and is headquartered in New York, New York.

SPGI Stock Price History

SPGI Stock News Headlines

â­• [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
Beyond Market Price: Uncovering S&P Global Inc's Intrinsic Value
S&P Global (NYSE:SPGI) PT Raised to $564.00
â­• [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
S&P Global Ratings Reaches Settlement With SEC
S&P Global: Built Like A Fortress
See More Headlines
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Company Calendar

Ex-Dividend for 6/12 Dividend
5/29/2024
Dividend Payable
6/12/2024
Last Earnings
7/30/2024
Ex-Dividend for 9/11 Dividend
8/27/2024
Today
9/07/2024
Dividend Payable
9/11/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Consumer credit reporting agencies, mercantile reporting agencies,
Sub-Industry
Business Services
Employees
40,450
Year Founded
1941

Price Target and Rating

Average Stock Price Target
$535.25
High Stock Price Target
$575.00
Low Stock Price Target
$452.00
Potential Upside/Downside
+4.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
13 Analysts

Profitability

Net Income
$2.63 billion
Pretax Margin
33.77%

Debt

Sales & Book Value

Annual Sales
$13.28 billion
Cash Flow
$16.35 per share
Book Value
$111.72 per share

Miscellaneous

Free Float
312,587,000
Market Cap
$159.78 billion
Optionable
Optionable
Beta
1.16

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Should I Buy S&P Global Stock? SPGI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in S&P Global Inc.:

  • S&P Global Inc. stock price is currently at $513.31, showing a positive trend in value.
  • S&P Global Inc. has consistently increased its revenue, indicating strong financial performance.
  • Analysts have given S&P Global Inc. a "Moderate Buy" rating with an average price target of $530.75, suggesting potential for growth.
  • Insiders have been actively buying shares of S&P Global Inc., indicating confidence in the company's future prospects.
  • S&P Global Inc. has a dividend payout ratio of 40.81%, providing investors with a steady income stream.

Cons

Investors should be bearish about investing in S&P Global Inc. for these reasons:

  • Recent insider selling activity, such as Director Robert P. Kelly selling shares, may raise concerns about future performance.
  • S&P Global Inc. stock has a high PE ratio of 57.58, which could indicate overvaluation.
  • The beta of S&P Global Inc. is 1.16, suggesting higher volatility compared to the market average.
  • While revenue has been growing, the company's PEG ratio of 2.67 may indicate a relatively high valuation compared to its growth rate.
  • Hedge funds and institutional investors own a significant portion (87.17%) of S&P Global Inc.'s stock, potentially limiting individual investor influence.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 4, 2024. Please send any questions or comments about these S&P Global pros and cons to contact@marketbeat.com.

SPGI Stock Analysis - Frequently Asked Questions

How have SPGI shares performed this year?

S&P Global's stock was trading at $440.52 at the start of the year. Since then, SPGI shares have increased by 15.9% and is now trading at $510.64.
View the best growth stocks for 2024 here
.

How were S&P Global's earnings last quarter?

S&P Global Inc. (NYSE:SPGI) issued its quarterly earnings results on Tuesday, July, 30th. The business services provider reported $4.04 earnings per share for the quarter, topping analysts' consensus estimates of $3.67 by $0.37. The business's revenue was up 14.4% on a year-over-year basis.
Read the conference call transcript
.

What is Douglas L. Peterson's approval rating as S&P Global's CEO?

282 employees have rated S&P Global Chief Executive Officer Douglas L. Peterson on Glassdoor.com. Douglas L. Peterson has an approval rating of 95% among the company's employees. This puts Douglas L. Peterson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are S&P Global's major shareholders?

Top institutional investors of S&P Global include Legal & General Group Plc (0.90%), Ameriprise Financial Inc. (0.80%), Bank of New York Mellon Corp (0.68%) and Clearbridge Investments LLC (0.47%). Insiders that own company stock include Douglas L Peterson, Ewout L Steenbergen, John L Berisford, Adam Jason Kansler, Robert P Kelly, Edouard Tavernier, Martina Cheung, Christopher Craig, Sally Moore, Nancy Luquette, Dimitra Manis, Steven J Kemps, Saugata Saha and Rebecca Jacoby.
View institutional ownership trends
.

How do I buy shares of S&P Global?

Shares of SPGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of S&P Global own?

Based on aggregate information from My MarketBeat watchlists, some other companies that S&P Global investors own include NVIDIA (NVDA), Home Depot (HD), Johnson & Johnson (JNJ), Alibaba Group (BABA), Intel (INTC), Adobe (ADBE) and PayPal (PYPL).

This page (NYSE:SPGI) was last updated on 9/7/2024 by MarketBeat.com Staff

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