IHS Markit Ltd. (NYSE:INFO) saw a downside of -0.53% to close Friday at $119.14 after subtracting -$0.63 on the day. The 5-day average trading volume is 2,143,360 shares of the company’s common stock. It has gained $120.80 in the past week. An average of 2,348,760 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,182,634.
INFO’s 1-month performance is -0.59% or -$1.47 on its low of $114.32 reached on 10/04/21. The company’s shares have touched a 52-week low of $78.13 and high of $125.23, with the stock’s rally to the 52-week high happening on 09/23/21. YTD, INFO has achieved 32.63% or $29.31. However, the current price is down -4.86%% from the 52-week high price.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
On Aug 05, 67 days have gone by since the last insider trading activity for IHS Markit Ltd. (INFO). Uggla Lance Darrell Gordon (CEO and Chairman of the Board) most recently sold 36,810 shares at $118.85 per share on Aug 05. This transaction cost the insider $4,374,868. CEO and Chairman of the Board, Uggla Lance Darrell Gordon, sold 14,000 shares at a price of $118.51 on Aug 04. Then, on Aug 03, CEO and Chairman of the Board Uggla Lance Darrell Gordon sold 4,000 shares at a price of $118.05 per share. This transaction amounted to $472,200.
The company’s PE ratio for the last five years has touched a high of 94.45 and a low of 20.92. INFO stock has a beta of 0.97. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 10.41 while the price-to-book (PB) in the most recent quarter is 5.34, with the price to cash flow ratio at 60.75.
IHS Markit Ltd. pays an annual dividend of $0.80 per share. Its dividend yield is 0.67% and the payout ratio is 47.50%. INFO’s most recent quarterly dividend payment was made on Aug. 13, when it paid $0.20 a share compared with prior rate of $0.20, down 0.0% from last year’s. The company latest dividend increase of $0.03 reported on Friday January 15 2021.
It is projected that IHS Markit Ltd.’s next ex-dividend date will be on Ltd. INFO is expected to distribute $1-Nov as its next dividend.
IHS Markit Ltd.’s quick ratio for the period ended August 30 was 1.30, with the current ratio over the same period at 1.30 meaning that INFO stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending August 30 was 0.52, while the total debt to equity was 0.55. In terms of profitability, the gross margin trailing 12 months is 63.70%. The trailing 12-month EBITDA margin is 36.61% while for the period ending August 30; IHS Markit Ltd.’s operating margin was 21.20%. The firm’s gross profit as reported stood at $2.7 billion against revenue of $4.29 billion.
For the quarterly period ending August 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected INFO to announce $0.83 per share in earnings in its latest quarter, but it posted $0.85, representing a 2.40% surprise. EBITDA for the quarter stood at more than $435.9 million. INFO stock balance sheet for the quarter ending August 30 shows that total liabilities totaled 7.59 billion, with total debt at $5.2 billion. Shareholders hold equity totaling $398.84 million
Let’s look briefly at IHS Markit Ltd. (INFO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 October was 49.47% to suggest the stock is trending Neutral, with historical volatility in this time period at 35.29%.
The stock’s 5-day moving average is $117.77, reflecting a +1.03% or $1.22 change from its current price. INFO is currently trading -1.39% above its 20-day SMA, +16.26% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +3.30% and +37.15% respectively.
Stochastic %K and %D was 43.02% and 33.96% and the average true range (ATR) pointed at 2.75. The RSI (14) points at 49.03%, while the 14-day stochastic is at 44.18% with the period’s ATR at 2.61. The stock’s 9-day MACD Oscillator is pointing at 1.58 and -0.45 on the 14-day charts.
Analysts offering their rating for INFO stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate INFO as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 5 have offered a “buy” rating.
What is INFO’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $122.00 and a high of $137.00, with their median price target at $135.50. Looking at these predictions, the average price target given by analysts is for IHS Markit Ltd. (INFO) stock is $132.50.