S&P Global Inc. [NYSE: SPGI] gained 2.91% on the last trading session, reaching $423.57 price per share at the time. The company report on July 29, 2021 that S&P Global Revenue Increased 8% in the Second Quarter, Compared to Exceptional 2Q 2020.
Diluted EPS Increased 1% to $3.30; Adjusted Diluted EPS Increased 6% to $3.62.
Operating Profit Margin Decreased 210 Basis Points to 54.8%.
S&P Global Inc. represents 240.60 million in outstanding shares, while the company has a total market value of $102.06 billion with the latest information. SPGI stock price has been found in the range of $416.00 to $427.93.
If compared to the average trading volume of 1.32M shares, SPGI reached a trading volume of 1817024 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about S&P Global Inc. [SPGI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SPGI shares is $435.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SPGI stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
RBC Capital Mkts have made an estimate for S&P Global Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 08, 2021. While these analysts kept the previous recommendation, Deutsche Bank raised their target price to Buy. The new note on the price target was released on April 30, 2021, representing the official price target for S&P Global Inc. stock. Previously, the target price had yet another raise to $437, while Robert W. Baird analysts kept a Outperform rating on SPGI stock.
The Average True Range (ATR) for S&P Global Inc. is set at 7.13, with the Price to Sales ratio for SPGI stock in the period of the last 12 months amounting to 13.30. The Price to Book ratio for the last quarter was 98.73. Price to Free Cash Flow for SPGI in the course of the last twelve months was 35.17 with Quick ratio for the last quarter at 1.90.
Trading performance analysis for SPGI stock
S&P Global Inc. [SPGI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.19. With this latest performance, SPGI shares gained by 3.16% in over the last four-week period, additionally plugging by 32.79% over the last 6 months – not to mention a rise of 17.70% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SPGI stock in for the last two-week period is set at 64.99, with the RSI for the last a single of trading hit 67.30, and the three-weeks RSI is set at 63.77 for S&P Global Inc. [SPGI]. The present Moving Average for the last 50 days of trading for this stock 399.90, while it was recorded at 415.97 for the last single week of trading, and 357.59 for the last 200 days.
S&P Global Inc. [SPGI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and S&P Global Inc. [SPGI] shares currently have an operating margin of +50.85 and a Gross Margin at +69.12. S&P Global Inc.’s Net Margin is presently recorded at +31.43.
Return on Total Capital for SPGI is now 48.54, given the latest momentum, and Return on Invested Capital for the company is 45.82. Return on Equity for this stock inclined to 473.48, with Return on Assets sitting at 19.59. When it comes to the capital structure of this company, S&P Global Inc. [SPGI] has a Total Debt to Total Equity ratio set at 933.99. Additionally, SPGI Total Debt to Total Capital is recorded at 90.33, with Total Debt to Total Assets ending up at 37.92. Long-Term Debt to Equity for the company is recorded at 914.34, with the Long-Term Debt to Total Capital now at 88.43.
Reflecting on the efficiency of the workforce at the company, S&P Global Inc. [SPGI] managed to generate an average of $101,696 per employee. Receivables Turnover for the company is 4.70 with a Total Asset Turnover recorded at a value of 0.62.S&P Global Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 1.90.
S&P Global Inc. [SPGI]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SPGI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for S&P Global Inc. go to 10.50%.
An analysis of insider ownership at S&P Global Inc. [SPGI]
There are presently around $91,445 million, or 92.00% of SPGI stock, in the hands of institutional investors. The top three institutional holders of SPGI stocks are: VANGUARD GROUP INC with ownership of 19,968,043, which is approximately -1.652% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 17,662,833 shares of the stock with an approximate value of $7.48 billion in SPGI stocks shares; and STATE STREET CORP, currently with $4.63 billion in SPGI stock with ownership of nearly 2.18% of the company’s market capitalization.
Positions in S&P Global Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 679 institutional holders increased their position in S&P Global Inc. [NYSE:SPGI] by around 26,928,464 shares. Additionally, 506 investors decreased positions by around 16,390,404 shares, while 221 investors held positions by with 172,571,728 shares. The mentioned changes placed institutional holdings at 215,890,596 shares, according to the latest SEC report filing. SPGI stock had 135 new institutional investments in for a total of 3,864,910 shares, while 107 institutional investors sold positions of 1,865,003 shares during the same period.