S&P Global Inc [SPGI] stock prices are up 1.22% to $523.54 at the moment. 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 1.95% over the last week, with a monthly amount glided 4.33%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
S&P Global Inc [NYSE: SPGI] stock has seen the most recent analyst activity on December 20, 2024, when Citigroup initiated its Buy rating and assigned the stock a price target of $600. Previously, Evercore ISI started tracking the stock with Outperform rating on October 02, 2024, and set its price target to $599. On September 23, 2024, downgrade downgraded it’s rating to Mkt Perform. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $575 on August 13, 2024. Wolfe Research started tracking with a Outperform rating for this stock on September 14, 2023, and assigned it a price target of $453. In a note dated June 15, 2023, BofA Securities initiated an Buy rating.
The stock price of S&P Global Inc [SPGI] has been fluctuating between $407.69 and $533.29 over the past year. Currently, Wall Street analysts expect the stock to reach $570 within the next 12 months. S&P Global Inc [NYSE: SPGI] shares were valued at $523.54 at the most recent close of the market. An investor can expect a potential return of 8.87% based on the average SPGI price forecast.
Analyzing the SPGI fundamentals
The S&P Global Inc [NYSE:SPGI] reported sales of 13.77B for trailing twelve months, representing a surge of 15.92%. 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 0.35.
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 519.78 points at the first support level, and at 516.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 527.12, and for the 2nd resistance point, it is at 530.70.
Ratios To Look Out For
It’s worth pointing out that S&P Global Inc [NYSE:SPGI]’s Current Ratio is 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 11.80, the price to book ratio is 4.78 and price to earnings (TTM) ratio is 46.19.
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.
