S&P Global (NYSE:SPGI - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 17.000-17.250 for the period, compared to the consensus earnings per share estimate of 16.920. The company issued revenue guidance of $14.9 billion-$15.2 billion, compared to the consensus revenue estimate of $15.0 billion.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the company. StockNews.com upgraded S&P Global from a "hold" rating to a "buy" rating in a report on Wednesday. BMO Capital Markets boosted their price objective on S&P Global from $576.00 to $590.00 and gave the stock an "outperform" rating in a research report on Thursday. Wells Fargo & Company boosted their price objective on S&P Global from $617.00 to $633.00 and gave the stock an "overweight" rating in a research report on Wednesday. UBS Group boosted their price objective on S&P Global from $605.00 to $610.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Finally, Morgan Stanley boosted their price objective on S&P Global from $595.00 to $600.00 and gave the stock an "overweight" rating in a research report on Wednesday. Two research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat.com, S&P Global presently has a consensus rating of "Moderate Buy" and a consensus target price of $587.92.
Read Our Latest Research Report on SPGI
S&P Global Stock Performance
Shares of NYSE:SPGI traded down $3.31 during midday trading on Friday, reaching $539.01. 494,256 shares of the company traded hands, compared to its average volume of 1,319,721. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.33. S&P Global has a 12 month low of $407.69 and a 12 month high of $545.39. The firm has a market capitalization of $167.25 billion, a price-to-earnings ratio of 47.58, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20. The firm's fifty day moving average price is $506.92 and its two-hundred day moving average price is $506.78.
S&P Global (NYSE:SPGI - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The business services provider reported $3.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.41 by $0.36. S&P Global had a return on equity of 13.72% and a net margin of 25.80%. During the same quarter last year, the business posted $3.13 EPS. On average, equities analysts expect that S&P Global will post 15.34 earnings per share for the current year.
S&P Global Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be paid a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.71%. This is a positive change from S&P Global's previous quarterly dividend of $0.91. The ex-dividend date is Wednesday, February 26th. S&P Global's payout ratio is presently 32.13%.
S&P Global Company Profile
(
Get Free Report)
S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.
Read More
Before you consider S&P Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and S&P Global wasn't on the list.
While S&P Global currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
