A share price of S&P Global Inc [SPGI] is currently trading at $510.29, up 1.35%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SPGI shares have gain 4.14% over the last week, with a monthly amount drifted -3.44%, and not 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 October 02, 2024, when Evercore ISI initiated its Outperform rating and assigned the stock a price target of $599. Previously, Raymond James downgraded its rating to Mkt Perform on September 23, 2024. On August 13, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $575 on the stock. Wolfe Research initiated its recommendation with a Outperform and recommended $453 as its price target on September 14, 2023. In a note dated May 09, 2023, Wells Fargo initiated an Overweight rating and provided a target price of $415 on this stock.
S&P Global Inc experienced fluctuations in its stock price throughout the past year between $392.69 and $533.29. Currently, Wall Street analysts expect the stock to reach $512.75 within the next 12 months. S&P Global Inc [NYSE: SPGI] shares were valued at $510.29 at the most recent close of the market. An investor can expect a potential return of 0.48% based on the average SPGI price forecast.
Analyzing the SPGI fundamentals
Trailing Twelve Months sales for S&P Global Inc [NYSE:SPGI] were 13.77B which represents 15.92% growth. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.38%, Pretax Profit Margin comes in at 0.35%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
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 503.95 points at the first support level, and at 497.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 516.21, and for the 2nd resistance point, it is at 522.14.
Ratios To Look Out For
To put it in perspective, the Current Ratio for S&P Global Inc [NYSE:SPGI] is 0.94. Also, the Quick Ratio is 0.94, while the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 11.50, the price to book ratio is 4.66 and price to earnings (TTM) ratio is 45.02.
Transactions by insiders
Recent insider trading involved Saha Saugata, President, Market Intelligence, that happened on Nov 06 ’24 when 500.0 shares were sold. Officer, SAUGATA SAHA completed a deal on Nov 06 ’24 to buy 2000.0 shares. Meanwhile, Director KELLY ROBERT P sold 7662.0 shares on Aug 07 ’24.
