S&P Global is a financial datum & stock exchange company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker SPGI on the NYSE exchange.
S&P Global stock last closed at $365.41, down 0.85% from the previous day, and has increased 17.71% in one year. It has overperformed other stocks in the Financial Data & Stock Exchanges industry by 0.02 percentage points. S&P Global stock is currently +30.82% from its 52-week low of $279.32, and -14.75% from its 52-week high of $428.65.
There are currently 318.2M SPGI shares outstanding. The market cap of SPGI is $116.27B. In the last 24 hours, 1.14M SPGI shares were traded.
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After you have chosen the best place to buy S&P Global stock, it's very important to research their stock prior to buying, so you truly understand the risk as well as the upside.
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You can see all of the due diligence checks on SPGI's stock page.
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SPGI's true value.
Using relative valuations ratios:
You can access additional valuation research on SPGI's stock here.
Out of 9 Equities analysts who give recommendations on SPGI, the consensus analyst rating on SPGI is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Jeffrey Meuler, a top 20% analyst from Baird maintains SPGI with a buy rating and lowers their SPGI price target from $460.00 to $451.00, on Jul 28, 2023.
Owen Lau, a bottom 19% analyst from Oppenheimer maintains SPGI with a buy rating and raises their SPGI price target from $425.00 to $441.00, on Jul 28, 2023.
Manav Patnaik, a top 6% analyst from Barclays maintains SPGI with a strong buy rating and raises their SPGI price target from $425.00 to $470.00, on Jul 28, 2023.
Barclays's Manav Patnaik raised their price target on S&P Global Inc (NYSE: SPGI) by 10.59% from $425.00 to $470.00 on 2023/07/28. The analyst maintained their Strong Buy rating on the stock.
In their post-print view on S&P Global's Q2 2023 earnings (released 2023/07/27), Patnaik focused on the Street's reaction to the metrics, saying "Investors expected the Ratings-driven revenue beat but were disappointed by margin flow through."
Barclays, however, has a different take, the analyst said, seeing the issue as largely just the timing of expense benefit flow through."
Therefore, their firm believes "there is upside potential against S&P Global's FY 2023 earnings guidance, Patnaik said.
For Q2 2023, the company reported:
For FY 2023, management guided:
President & CEO Douglas Peterson commented: “We are pleased to deliver revenue growth in Q2, and we anticipate further revenue growth through the remainder of the year.
"With the current rapid pace of technological advancement, particularly in the area of AI, we have never been more excited about the potential for powerful new solutions and tools that S&P Global will soon be able to bring to our customers.”
Seth Weber, a top 27% analyst from Wells Fargo maintains SPGI with a strong buy rating and raises their SPGI price target from $415.00 to $450.00, on Jul 13, 2023.
Patrick O'Shaughnessy, a bottom 4% analyst from Raymond James maintains SPGI with a buy rating and raises their SPGI price target from $413.00 to $421.00, on Jul 12, 2023.
You can dive deeper into what analysts are saying on the S&P Global stock forecast page.
Last year, SPGI earnings were $2.35B. Over the last 5 year, SPGI's earnings have grown by 2.32% per year. This was faster than the Financial Data & Stock Exchanges industry average of 1.57%.
Last year, SPGI revenue was $12.06B. During the past 5 year, SPGI's revenue has increased by 13.95% per year. This was faster than the Financial Data & Stock Exchanges industry average of 8.66%.
Find out more about SPGI's earnings and revenue performance here.
Over the last year, insiders at SPGI have sold more shares than they have bought.
Saugata Saha, President Commodity Insights of SPGI, was the latest SPGI insider to sell. They sold $39,445.00 worth of SPGI stock on Sep 5, 2023.
Dig into more about who owns SPGI stock here.
S&P Global pays a dividend of 0.97%, compared to the Financial Data & Stock Exchanges industry's average dividend yield of 1.57%. If you owned $1,000 of SPGI stock, you would have been paid $9.72 last year.
S&P Global dividend payments have consistently grown over the past decade and have remained stable.
Find more data about S&P Global dividend yield and history here.
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To summarize, here are the 6 steps to buy S&P Global stock:
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