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

$489.79
+6.46 (+1.34%)
(As of 07/26/2024 ET)
Today's Range
$484.70
$492.67
50-Day Range
$421.59
$495.56
52-Week Range
$340.49
$498.15
Volume
823,310 shs
Average Volume
1.26 million shs
Market Capitalization
$153.26 billion
P/E Ratio
54.91
Dividend Yield
0.74%
Price Target
$490.55

S&P Global MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
0.2% Upside
$490.55 Price Target
Short Interest
Healthy
0.70% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
0.70mentions of S&P Global in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.33%
From $14.27 to $16.03 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.

4.71 out of 5 stars

Business Services Sector

21st out of 317 stocks

Consumer Credit Reporting Agencies, Mercantile Reporting Agencies, Industry

3rd 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

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
SPGI Dec 2024 380.000 call
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
3 Top Dividend Kings to Buy to Unleash Steady Income
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 6/12 Dividend
5/29/2024
Dividend Payable
6/12/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/30/2024
Ex-Dividend for 9/11 Dividend
8/27/2024
Dividend Payable
9/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Consumer credit reporting agencies, mercantile reporting agencies,
Sub-Industry
N/A
Employees
40,450
Year Founded
1941

Price Target and Rating

Average Stock Price Target
$490.55
High Stock Price Target
$555.00
Low Stock Price Target
$446.00
Potential Upside/Downside
+0.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
$2.63 billion
Pretax Margin
30.71%

Debt

Sales & Book Value

Annual Sales
$12.50 billion
Cash Flow
$16.72 per share
Book Value
$109.20 per share

Miscellaneous

Free Float
312,587,000
Market Cap
$153.32 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. has consistently received positive ratings from various investment analysts, with a consensus rating of "Moderate Buy" and an average price target of $467.89, indicating strong potential for growth.
  • The company has shown a solid financial performance, with a recent quarterly dividend of $0.91 per share, representing a dividend yield of 0.82%, providing investors with a steady income stream.
  • S&P Global Inc. reported strong earnings results, beating analysts' estimates with an EPS of $4.01 for the quarter, showcasing the company's ability to generate profits.
  • The stock price of S&P Global Inc. has been on an upward trend, trading at $453.27, with a 52-week high of $461.16, indicating positive market sentiment and potential for capital appreciation.
  • The company operates in global markets providing credit ratings, benchmarks, analytics, and workflow solutions, offering diversification and exposure to various sectors, reducing investment risk.

Cons

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

  • Despite positive ratings, there are two analysts who have rated the stock as a hold, suggesting some uncertainty in the market regarding the future performance of S&P Global Inc.
  • The company's P/E ratio of 50.82 and P/E/G ratio of 2.50 indicate that the stock may be overvalued compared to its growth prospects, potentially limiting short-term gains for investors.
  • With a beta of 1.16, S&P Global Inc. is slightly more volatile than the market average, which could lead to increased price fluctuations and higher risk for investors.
  • The company's debt-to-equity ratio of 0.33 may raise concerns about its leverage levels, impacting financial stability and potentially affecting future growth opportunities.
  • Investors should consider market conditions and economic uncertainties that could impact the company's performance, such as regulatory changes or shifts in global financial markets.
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 Sunday, July 7, 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 stock has increased by 11.2% and is now trading at $489.79.
View the best growth stocks for 2024 here
.

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

S&P Global Inc. (NYSE:SPGI) posted its quarterly earnings results on Thursday, February, 8th. The business services provider reported $3.13 EPS for the quarter, missing analysts' consensus estimates of $3.15 by $0.02. The firm's revenue was up 7.3% 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?

S&P Global's top institutional investors include Bank of New York Mellon Corp (0.68%), Ninety One UK Ltd (0.44%), Baillie Gifford & Co. (0.32%) and Swedbank AB (0.25%). Insiders that own company stock include Douglas L Peterson, Ewout L Steenbergen, John L Berisford, Adam Jason Kansler, Martina Cheung, Christopher Craig, Sally Moore, Nancy Luquette, Steven J Kemps, Dimitra Manis, 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 7/26/2024 by MarketBeat.com Staff

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