Check Out What S&P Global Inc. (SPGI) Insiders Are Doing

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The stock of S&P Global Inc. (NYSE:SPGI) increased by $9.27 on Wednesday to $361.52, up 2.63 percent. The last five days have seen an average of 1,456,661 shares of common stock traded. 1 time new highs were reached in the current year, with a fall of -$110.69. The average number of shares traded over the last 20 days was 1,647,115, while the average volume over the last 50 days totaled 1,850,202.

SPGI stock appreciated 17.26% since last month. On 10/24/22, the company’s shares reached a one-month low of $295.40. The stock touched a high of $484.21 on 01/03/22, after rallying from a low of $279.32 in 52 weeks. The price of SPGI stock has declined by -25.36% or -$110.69 this year, reaching a new high 1 time. Still, the stock price is down -25.34% from the 52-week high.


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Insider Transactions

SPGI stock investors should be aware that S&P Global Inc. (SPGI) stock had its last reported insider trading activity 8 days ago on Nov 15. On Nov 15, CEO & President Peterson Douglas L. sold 7,500 shares at $352.89 each. This transaction resulted in the insider making $2,646,642. On Aug 11, CHEUNG MARTINA sold 3,000 shares at a price of US$385.78. After the transaction, the insider now owns 6,783 shares. CEO & President Peterson Douglas L. had earlier sold 7,500 shares on Aug 04 for $377.13 a share. The transaction was completed for $2,828,475.

Valuation Metrics

S&P Global Inc. (SPGI) has a trailing price-to-earnings (P/E) ratio of 29.45. Beta for the stock is 1.06. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 11.14, the price-to-book (PB) ratio of 3.12, and the price-to-cash flow ratio of 80.35.

Company paid $0.85 per share in dividends, remained unchanged from $0.85 last year. A $0.08 dividend increase was reported on Monday February 28 2022.

Financial Health

For the three months ended September 29, S&P Global Inc.’s quick ratio was 0.80, while its current ratio was 0.80, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending September 29 is 0.29, and the total debt to equity ratio is 0.29. As far as profitability goes, gross margin for the trailing twelve months is 67.60% percent. S&P Global Inc.’s operating margin stood at 49.50% for the same period. Based on annual data, it had gross profit of $6.1 billion and revenue of $8.3 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. SPGI’s return on assets (ROA) during the last 12 months has been 6.70%. There was a 54.00% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 11.80%.

Earnings Surprise

According to S&P Global Inc.’s quarterly financial report for the quarter that ended September 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $2.85 billion, while revenues rose by 26.9% to $2.98 billion. It was predicted that S&P Global Inc.’s quarterly earnings would be $2.93, but it ended up being $2.79, beating the consensus by 5.00%. EBITDA was $1.15 billion for the quarter. At the end of S&P Global Inc.’s most recent quarter ended September 29, its liabilities totaled 24.57 billion, while its total debt was $11.5 billion. Equity owned by shareholders amounts to $325.8 million.

Technical Picture

Here’s a quick look at S&P Global Inc.’s (SPGI) price momentum from a technical perspective. As of 22 November, the RSI 9-day stood at 71.74%, suggesting the stock is Overbought, with a 27.94% historical volatility rate.

The stochastic %K and %D were 89.65% and 83.64% respectively, while the average true range (ATR) was 10.39. Based on the 14-day stochastic reading of 99.21%, the RSI (14) reading is 67.22%. On the 9-day MACD Oscillator, the stock is at 1.89, and the 14-day reading is at 12.09.

Analyst Ratings

In its most recent analyst report, Atlantic Equities raised its rating on S&P Global Inc. (NYSE: SPGI) to an Overweight. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned S&P Global Inc. (SPGI) an Buy rating. SPGI is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 6 rates it overweight and 15 others recommend it as a buy.

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

The current consensus forecast for the stock is between $350.00 and $434.00, with a median target price of $385.00. In analyzing these forecasts, the average price target given by analysts for S&P Global Inc. (SPGI) is $383.12.

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