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

Company Overview

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.

Key Stats

• Today's Range: $483.92 to $494.82
• 50-Day Range: $480.20 to $529.18
• 52-Week Range: $407.69 to $533.29
• Volume: 2.49 million shs
• Average Volume: 1.15 million shs
• Market Capitalization: $152.61 billion
• P/E Ratio: 43.41
• Dividend Yield: 0.74%
• Price Target: $575.14
• Consensus Rating: Moderate Buy

S&P Global Stock Analysis - MarketRank™

S&P Global scored higher than 95% of companies evaluated by MarketBeat, and ranked 21st out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

S&P Global has received a consensus rating of Moderate Buy. The company's average rating score is 2.87, and is based on 13 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

S&P Global has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 8.53%

Earnings Growth

Earnings for S&P Global are expected to grow by 8.53% in the coming year, from $15.24 to $16.54 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of S&P Global is 43.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.76.

Price to Earnings Ratio vs. Sector

The P/E ratio of S&P Global is 43.41, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.48.

Price to Earnings Growth Ratio

S&P Global has a PEG Ratio of 2.53. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

S&P Global has a P/B Ratio of 4.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.32% of the outstanding shares of S&P Global have been sold short.

Short Interest Ratio / Days to Cover

S&P Global has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in S&P Global has recently increased by 5.38%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

S&P Global has a dividend yield of 0.72%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

S&P Global has been increasing its dividend for 52 years.

Dividend Coverage

The dividend payout ratio of S&P Global is 32.13%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, S&P Global will have a dividend payout ratio of 22.01% next year. This indicates that S&P Global will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.8 / 5
• Environmental Score: -0.59

Percentage of Shares Shorted

1.32% of the outstanding shares of S&P Global have been sold short.

Short Interest Ratio / Days to Cover

S&P Global has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in S&P Global has recently increased by 5.38%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.35

News Sentiment

S&P Global has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for S&P Global this week, compared to 19 articles on an average week.

Search Interest

Only 33 people have searched for SPGI on MarketBeat in the last 30 days. This is a decrease of -8% compared to the previous 30 days.

MarketBeat Follows

26 people have added S&P Global to their MarketBeat watchlist in the last 30 days. This is an increase of 160% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, S&P Global insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.10% of the stock of S&P Global is held by insiders.

Percentage Held by Institutions

87.17% of the stock of S&P Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 beginning of the year. Since then, SPGI stock has increased by 11.6% and is now trading at $491.81.
View the best growth stocks for 2024 here.

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

S&P Global Inc. (NYSE:SPGI) announced its quarterly earnings results on Thursday, October, 24th. The business services provider reported $3.89 earnings per share for the quarter, topping the consensus estimate of $3.64 by $0.25. The business's quarterly revenue was up 15.9% compared to the same quarter last year.
Read the conference call transcript.

Who are S&P Global's major shareholders?

S&P Global's top institutional shareholders include State Street Corp (4.50%), Wellington Management Group LLP (2.86%), Geode Capital Management LLC (2.09%) and FMR LLC (1.92%). 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), Meta Platforms (META), Adobe (ADBE), Broadcom (AVGO), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD) and UnitedHealth Group (UNH).

Company Calendar

• Last Earnings: 10/24/2024
• Ex-Dividend for 12/11 Dividend: 11/26/2024
• Dividend Payable: 12/11/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Consumer credit reporting agencies, mercantile reporting agencies,
• Sub-Industry: Business Services
• Current Symbol: NYSE:SPGI
• Previous Symbol: NYSE:MHP
• CUSIP: N/A
• CIK: 64040
• Web: www.spglobal.com
• Phone: (212) 438-1000
• Fax: 212-512-3840
• Employees: 40,450
• Year Founded: 1941

Price Target and Rating

• Average Stock Price Target: $575.14
• High Stock Price Target: $620.00
• Low Stock Price Target: $452.00
• Potential Upside/Downside: +16.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.87
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $11.33
• Trailing P/E Ratio: 43.41
• Forward P/E Ratio: 32.27
• P/E Growth: 2.53
• Net Income: $2.63 billion
• Net Margins: 25.80%
• Pretax Margin: 35.22%
• Return on Equity: 13.72%
• Return on Assets: 7.80%

Debt

• Debt-to-Equity Ratio: 0.33
• Current Ratio: 0.94
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $12.50 billion
• Price / Sales: 12.21
• Cash Flow: $15.98 per share
• Price / Cash Flow: 30.77
• Book Value: $109.20 per share
• Price / Book: 4.50

Miscellaneous

• Outstanding Shares: 310,300,000
• Free Float: 309,990,000
• Market Cap: $152.61 billion
• Optionable: Optionable
• Beta: 1.19