The stock of S&P Global Inc. (SPGI) has seen a -1.45% decrease in the past week, with a -9.88% drop in the past month, and a -3.80% decrease in the past quarter. The volatility ratio for the week is 3.00%, and the volatility levels for the past 30 days are at 2.33% for SPGI. The simple moving average for the last 20 days is -3.07% for SPGI stock, with a simple moving average of -3.38% for the last 200 days.
Is It Worth Investing in S&P Global Inc. (NYSE: SPGI) Right Now?
S&P Global Inc. (NYSE: SPGI) has a price-to-earnings ratio of 31.82x that is above its average ratio. Additionally, the 36-month beta value for SPGI is 1.12. There are mixed opinions on the stock, with 15 analysts rating it as a “buy,” 5 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The average price predicted by analysts for SPGI is $404.94, which is $73.02 above the current price. The public float for SPGI is 318.68M and currently, short sellers hold a 1.33% ratio of that float. The average trading volume of SPGI on March 16, 2023 was 1.43M shares.
SPGI) stock’s latest price update
S&P Global Inc. (NYSE: SPGI)’s stock price has increased by 0.38 compared to its previous closing price of 332.73. Despite this, the company has seen a fall of -1.45% in its stock price over the last five trading days. Barron’s reported on 12/27/21 that FactSet to Purchase Cusip Global Services for $1.93 Billion in Cash
Analysts’ Opinion of SPGI
The stock of S&P Global Inc. (SPGI) has seen a -1.45% decrease in the past week, with a -9.88% drop in the past month, and a -3.80% decrease in the past quarter. The volatility ratio for the week is 3.00%, and the volatility levels for the past 30 days are at 2.33% for SPGI. The simple moving average for the last 20 days is -3.07% for SPGI stock, with a simple moving average of -3.38% for the last 200 days.
Analysts’ Opinion of SPGI
Many brokerage firms have already submitted their reports for SPGI stocks, with Atlantic Equities repeating the rating for SPGI by listing it as a “Overweight.” The predicted price for SPGI in the upcoming period, according to Atlantic Equities is $386 based on the research report published on November 07th of the previous year 2022.
Jefferies, on the other hand, stated in their research note that they expect to see SPGI reach a price target of $397, previously predicting the price at $430. The rating they have provided for SPGI stocks is “Buy” according to the report published on October 25th, 2022.
SPGI Trading at -6.05% from the 50-Day Moving Average
After a stumble in the market that brought SPGI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.15% of loss for the given period.
Volatility was left at 2.33%, however, over the last 30 days, the volatility rate increased by 3.00%, as shares sank -8.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.29% lower at present.
During the last 5 trading sessions, SPGI fell by -1.45%, which changed the moving average for the period of 200-days by -5.25% in comparison to the 20-day moving average, which settled at $343.00. In addition, S&P Global Inc. saw -0.29% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SPGI starting from Peterson Douglas L., who sale 7,500 shares at the price of $360.52 back on Feb 15. After this action, Peterson Douglas L. now owns 160,816 shares of S&P Global Inc., valued at $2,703,906 using the latest closing price.
Saha Saugata, the President, Commodity Insights of S&P Global Inc., sale 750 shares at $365.33 during a trade that took place back on Feb 15, which means that Saha Saugata is holding 2,587 shares at $274,000 based on the most recent closing price.
Stock Fundamentals for SPGI
Current profitability levels for the company are sitting at:
- +30.77 for the present operating margin
- +57.26 for the gross margin
The net margin for S&P Global Inc. stands at +29.05. Equity return is now at value 8.50, with 5.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.
Conclusion
In conclusion, S&P Global Inc. (SPGI) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.