At the time of writing, S&P Global Inc [SPGI] stock is trading at $512.87, down -0.66%. 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 -0.20% over the last week, with a monthly amount glided 1.87%, 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 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.
For the past year, the stock price of S&P Global Inc fluctuated between $407.69 and $533.29. Currently, Wall Street analysts expect the stock to reach $560.67 within the next 12 months. S&P Global Inc [NYSE: SPGI] shares were valued at $512.87 at the most recent close of the market. An investor can expect a potential return of 9.32% based on the average SPGI price forecast.
Analyzing the SPGI fundamentals
According to S&P Global Inc [NYSE:SPGI], the company’s sales were 13.77B for trailing twelve months, which represents an 15.92% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.34.
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 510.91 points at the first support level, and at 508.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 516.73, and for the 2nd resistance point, it is at 520.60.
Ratios To Look Out For
It is important to note that S&P Global Inc [NYSE:SPGI] has a current ratio of 0.94. As well, the Quick Ratio is 0.94, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 11.56, the price to book ratio is 4.68 and price to earnings (TTM) ratio is 45.25.
Transactions by insiders
Recent insider trading involved Manis Dimitra, Officer, that happened on Dec 12 ’24 when 1293.0 shares were purchased. President, Market Intelligence, Saha Saugata completed a deal on Nov 27 ’24 to sell 500.0 shares. Meanwhile, President, Market Intelligence Saha Saugata sold 500.0 shares on Nov 20 ’24.
