The Insider Activity Report For S&P Global Inc. (SPGI): Who’s Selling?

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BEPC Stock
BEPC Stock

S&P Global Inc. (NYSE:SPGI) traded with a subtraction of -$9.92 to $324.96 on Thursday, a downside of -2.96 percent. An average of 1,588,812 shares of common stock have been traded in the last five days. There was a fall of -$21.46 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 1,578,703 shares traded, while the 50-day average volume stands at 1,619,091.

SPGI stock has decreased by -11.04% in the last month. The company shares reached their 1-month lowest point of $325.58 on 09/22/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $311.87 and a high of $484.21 in 52 weeks. It has reached a new high 1 time so far this year and lost -29.04% or -$146.33 in price. In spite of this, the price is down -32.89% from the 52-week high.


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Insider Transactions

42 days have passed since S&P Global Inc. (SPGI) last reported insider trading activity. CHEUNG MARTINA, who is President, S&P Global Ratings, most recently acquired $3,000 shares at $385.78 per share on Aug 11. In this transaction, the insider spent $1,157,340. CEO & President, Peterson Douglas L., disposed of 7,500 shares at a price of $377.13 on Aug 04. The insider now owns more than $2,828,475 worth of shares. Prior to that, Executive Advisor BERISFORD JOHN L went on to Sale 13,450 shares at $370.59 each on Aug 04. An amount of $4,984,406 was transacted.

Valuation Metrics

S&P Global Inc. (SPGI) has a trailing price-to-earnings (P/E) ratio of 24.95. The stock’s beta is 1.05. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 11.72, the price-to-book (PB) ratio at 2.87, and the price-to-cash flow ratio at 66.31.

The company has a payout ratio of 23.50%. The company’s most recent quarterly dividend payment was $0.85 a share, without any change from last year. Its latest increase dividend $0.08 reported on Monday February 28 2022.

Financial Health

The quick ratio of S&P Global Inc. for the three months ended March 30 was 1.30, and the current ratio was 1.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.27 and a total debt to equity ratio of 0.27 for the quarter ending March 30. Its gross profit as reported stood at $6.1 billion compared to revenue of $8.3 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, S&P Global Inc.’s return on assets was 9.20%.

Earnings Surprise

For the three-month period that ended March 30, S&P Global Inc. had $10.78 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $972.0 million in the quarter, while revenues of $1.24 billion were grew 5.76%. The analyst consensus anticipated S&P Global Inc.’s latest quarter earnings to come in at $2.98 per share, but it turned out to be $2.89, a -3.00% surprise. For the quarter, EBITDA amounted to $1.79 billion. Shareholders own equity worth $333.5 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at S&P Global Inc. (SPGI) price momentum. RSI 9-day as of the close on 21 September was 19.12%, suggesting the stock is oversold, with historical volatility in this time frame at 17.44%.

As of today, SPGI’s price is $338.12 -6.18% or -$21.46 from its 5-day moving average. SPGI is currently trading -13.34% lower than its 20-day SMA and -13.52% lower than its 100-day SMA. However, the stock’s current price level is -4.80% below the SMA50 and -28.68% below the SMA200.

The stochastic %K and %D were 7.51% and 11.07%, respectively, and the average true range (ATR) was 8.52. With the 14-day stochastic at 0.03% and the average true range at 8.45, the RSI (14) stands at 26.74%. The stock has reached -13.04 on the 9-day MACD Oscillator while the 14-day reading was at -18.24.

Analyst Ratings

Redburn launched coverage on S&P Global Inc. (NYSE: SPGI) in its analyst report released on May 17, 2022. The firm assigned the stock a Buy rating. The consensus rating for S&P Global Inc. (SPGI) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell SPGI, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 4 analysts, while 15 others rate it as a “buy”.

What is SPGI’s price target for the next 12 months?

Analysts predict a range of price targets between $375.00 and $434.00, with a median target of $408.50. Taking a look at these predictions, the average price target given by analysts for S&P Global Inc. (SPGI) stock is $405.50.

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