Find Out How S&P Global Inc. (SPGI) Insiders Are Trading Their Stock?

At the last check on Friday, S&P Global Inc.’s (NYSE:SPGI) stock was up $8.87, moving up 2.69 percent to $338.53. The average number of shares traded per day over the past five days has been 2,799,829 shares. 1 time new highs have been achieved over the past 5 days, with a -$8.58 fall in that time frame. In the last twenty days, the average volume was 2,484,602, while in the previous 50 days, it was 2,368,653.


Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '22.
Small-cap Uranium stocks are booming in 2022! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here. .

Sponsored


Since last month, SPGI stock retreated -17.03%. Shares of the company fell to $322.20 on 05/12/22, the lowest level in the past month. A 52-week high of $484.21 was reached on 01/03/22 after having rallying from a 52-week low of $322.20. Since the beginning of this year, SPGI’s stock price has dropped by -30.15% or -$134.74, and marked a new high 1 time. However, the stock has declined by -30.09% since its 52-week high.

S&P Global Inc. (SPGI) last reported insider trading activity 64 days ago on Mar 10. CHEUNG MARTINA, the President, S&P Global Ratings of the company, disposed of 3,870 shares for $381.28 on Mar 10. It resulted in a $1,475,554 divestment by the insider. Kemps Steven J sold 1,591 shares at an average price of $407.23 on Mar 04. The insider now owns 12,013 shares following the transaction. On Mar 02, EVP, General Counsel Kemps Steven J sold 3,183 shares at $404.04 apiece. The transaction was valued at $1,286,059.

Valuation Metrics

Right now, S&P Global Inc. (SPGI) has a P/E ratio of about 23.79. The stock’s beta is 1.06. Besides these, the trailing price-to-sales (P/S) ratio of 12.97, the price-to-book (PB) ratio of 2.29, and the price-to-cash flow ratio of 49.39 may also be considered.

The latest dividend of $0.85 per share was paid out, which is 10.39% more than last year’s $0.77. On Monday February 28 2022, a $0.08 dividend increase was announced.

Financial Health

In the three months ended March 30, S&P Global Inc.’s quick ratio stood at 1.40, while its current ratio was 1.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.29, and the total debt-to-equity ratio was 0.29. On the profitability front, the trailing twelve-month gross margin is 72.10% percent. In the year ended March 30, operating margins totaled 57.90%. Based on annual data, SPGI earned $6.1 billion in gross profit and brought in $8.3 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 54.00%. Return on equity (ROE) for the past 12 months was 31.30%.

In S&P Global Inc.’s quarter-end financial report for March 30, it reported total debt of $11.33 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. SPGI’s revenue rose 15.51% to $2.09 billion during the quarter, while net income inched up to $2.39 billion. While analysts expected S&P Global Inc. to report $2.98 quarterly earnings, the actual figure was $2.89 per share, beating the consensus estimate by -3.00%. During the quarter, the company generated $2.03 billion in EBITDA. The liabilities of S&P Global Inc. were 26.31 billion at the end of its most recent quarter ended March 30, and its total debt was $4.97 billion. The value of shareholders’ equity is $339.9 million.

Technical Picture

This quick technical analysis looks at S&P Global Inc.’s (SPGI) price momentum. With a historical volatility rate of 38.28%, the RSI 9-day stood at 32.54% on 12 May.

With respect to its five-day moving average, the current S&P Global Inc. price is down by -2.48% percent or -$8.58. At present, SPGI shares trade -13.00% below its 20-day simple moving average and -26.75% percent below its 100-day simple moving average. However, the stock is currently trading approximately -15.81% below its SMA50 and -20.39% below its SMA200.

Stochastic coefficient K was 12.73% and Stochastic coefficient D was 8.11%, while ATR was 12.02. Given the Stochastic reading of 22.37% for the 14-day period, the RSI (14) reading has been calculated as 32.18%. As of today, the MACD Oscillator reading stands at -9.78, while the 14-day reading stands at -22.87.

Analyst Ratings

Deutsche Bank launched its rating on S&P Global Inc. (NYSE: SPGI) to a Buy in a note to investors on March 30, 2022. S&P Global Inc. (SPGI) has been rated Buy by analysts. According to 0 brokerage firms, SPGI is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 5 analysts rate S&P Global Inc. stock as buy, with 14 recommending it as overweight.

With a median target price of $440.50, the current consensus forecast for the stock is $419.00 – $540.00. Based on these forecasts, analysts predict S&P Global Inc. (SPGI) will achieve an average price target of $450.06.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot Topics

Related Articles