A share price of S&P Global Inc [SPGI] is currently trading at $479.48, up 1.59%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SPGI shares have lost -1.85% over the last week, with a monthly amount glided 5.17%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Wolfe Research started tracking the stock with Outperform rating on September 14, 2023, and set its price target to $453. On June 15, 2023, BofA Securities initiated with a Buy rating. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $415 on May 09, 2023. Atlantic Equities upgraded its rating to a Overweight and raised its price target to $386 on November 07, 2022. In a note dated May 17, 2022, Redburn initiated an Buy rating.
S&P Global Inc experienced fluctuations in its stock price throughout the past year between $340.49 and $502.95. Currently, Wall Street analysts expect the stock to reach $488.86 within the next 12 months. S&P Global Inc [NYSE: SPGI] shares were valued at $479.48 at the most recent close of the market. An investor can expect a potential return of 1.96% based on the average SPGI price forecast.
Analyzing the SPGI fundamentals
Trailing Twelve Months sales for S&P Global Inc [NYSE:SPGI] were 13.28B which represents 14.45% growth. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.1 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 472.82 points at the first support level, and at 466.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 486.65, and for the 2nd resistance point, it is at 493.83.
Ratios To Look Out For
To put it in perspective, the Current Ratio for S&P Global Inc [NYSE:SPGI] is 1.03. As well, the Quick Ratio is 1.03, while the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 11.30, the price to book ratio is 4.30 and price to earnings (TTM) ratio is 45.45.
Transactions by insiders
Recent insider trading involved Peterson Douglas L., Officer, that happened on Aug 02 ’24 when 7000.0 shares were purchased. CEO & President, Peterson Douglas L. completed a deal on Aug 02 ’24 to sell 7000.0 shares. Meanwhile, affiliate ADAM KANSLER bought 10600.0 shares on Aug 01 ’24.
