A share price of S&P Global Inc [SPGI] is currently trading at $505.27, down -0.02%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SPGI shares have gain 1.26% over the last week, with a monthly amount glided 3.43%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
S&P Global Inc [NYSE: SPGI] stock has seen the most recent analyst activity on August 13, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $575. On September 14, 2023, Wolfe Research initiated with a Outperform rating and assigned a price target of $453 on the stock. BofA Securities started tracking the stock assigning a Buy rating. Wells Fargo initiated its recommendation with a Overweight and recommended $415 as its price target on May 09, 2023. Atlantic Equities upgraded its rating to Overweight for this stock on November 07, 2022, and upped its price target to $386.
S&P Global Inc experienced fluctuations in its stock price throughout the past year between $340.49 and $506.79. Currently, Wall Street analysts expect the stock to reach $494.6 within the next 12 months. S&P Global Inc [NYSE: SPGI] shares were valued at $505.27 at the most recent close of the market. An investor can expect a potential drop of -2.11% 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 500.45 points at the first support level, and at 495.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 510.19, and for the 2nd resistance point, it is at 515.11.
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 11.91, the price to book ratio is 4.53 and price to earnings (TTM) ratio is 47.89.
Transactions by insiders
Recent insider trading involved KELLY ROBERT P, Director, that happened on Aug 07 ’24 when 7662.0 shares were sold. President, S&P Global Ratings, CHEUNG MARTINA completed a deal on Aug 07 ’24 to sell 6796.0 shares. Meanwhile, Officer CHEUNG MARTINA bought 6796.0 shares on Aug 07 ’24.
