The price-to-earnings ratio for S&P Global Inc (NYSE: SPGI) is above average at 46.13x, Company’s 36-month beta value is 1.19.Analysts have differing opinions on the stock, with 13 analysts rating it as a “buy,” 7 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for SPGI is 309.99M, and currently, short sellers hold a 1.26% ratio of that floaft. The average trading volume of SPGI on November 28, 2024 was 1.15M shares.
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SPGI) stock’s latest price update
The stock price of S&P Global Inc (NYSE: SPGI) has surged by 0.17 when compared to previous closing price of 521.96, but the company has seen a 3.92% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-26 that SPGI is gaining from product innovations using GenAI and buyouts. However, rising expenses are concerning.
SPGI’s Market Performance
SPGI’s stock has risen by 3.92% in the past week, with a monthly rise of 7.42% and a quarterly rise of 2.92%. The volatility ratio for the week is 1.48% while the volatility levels for the last 30 days are 1.65% for S&P Global Inc The simple moving average for the last 20 days is 3.91% for SPGI stock, with a simple moving average of 12.17% for the last 200 days.
Analysts’ Opinion of SPGI
Many brokerage firms have already submitted their reports for SPGI stocks, with Evercore ISI repeating the rating for SPGI by listing it as a “Outperform.” The predicted price for SPGI in the upcoming period, according to Evercore ISI is $599 based on the research report published on October 02, 2024 of the current year 2024.
Wells Fargo gave a rating of “Overweight” to SPGI, setting the target price at $575 in the report published on August 13th of the current year.
SPGI Trading at 2.67% 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 -1.96% of loss for the given period.
Volatility was left at 1.65%, however, over the last 30 days, the volatility rate increased by 1.48%, as shares surge +7.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.64% upper at present.
During the last 5 trading sessions, SPGI rose by +3.92%, which changed the moving average for the period of 200-days by +23.76% in comparison to the 20-day moving average, which settled at $503.18. In addition, S&P Global Inc saw 18.69% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SPGI starting from Saha Saugata, who sale 500 shares at the price of $523.00 back on Nov 27 ’24. After this action, Saha Saugata now owns 1,427 shares of S&P Global Inc, valued at $261,500 using the latest closing price.
Saha Saugata, the President, Market Intelligence of S&P Global Inc, sale 500 shares at $503.60 during a trade that took place back on Nov 20 ’24, which means that Saha Saugata is holding 1,927 shares at $251,800 based on the most recent closing price.
Stock Fundamentals for SPGI
Current profitability levels for the company are sitting at:
- 0.38 for the present operating margin
- 0.67 for the gross margin
The net margin for S&P Global Inc stands at 0.26. The total capital return value is set at 0.1. Equity return is now at value 10.23, with 5.87 for asset returns.
Based on S&P Global Inc (SPGI), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.46. The debt to equity ratio resting at 0.34. The interest coverage ratio of the stock is 17.3.
Currently, EBITDA for the company is 5.14 billion with net debt to EBITDA at 1.55. When we switch over and look at the enterprise to sales, we see a ratio of 12.53. The receivables turnover for the company is 5.22for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.
Conclusion
In a nutshell, S&P Global Inc (SPGI) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
