Latest news with #SPGI
Yahoo
a day ago
- Business
- Yahoo
S&P Global Stock Outlook: Is Wall Street Bullish or Bearish?
S&P Global Inc. (SPGI), headquartered in New York, provides financial information services to its clients. Valued at $170.7 billion by market cap, the company provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. Shares of this leading credit rating agency have underperformed the broader market over the past year. SPGI has gained 14.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 19%. However, in 2025, SPGI stock is up 13%, surpassing the SPX's 10% rise on a YTD basis. More News from Barchart Why This Cannabis Penny Stock Could Be Wall Street's Next Meme Trade Breakout Apple Stock Is Gaining Momentum, Is AAPL Stock a Buy? Peter Thiel-Backed Bullish Is About to IPO. Should You Buy BLSH Stock? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Narrowing the focus, SPGI has lagged behind the iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI). The exchange-traded fund has gained about 44.7% over the past year. Moreover, the ETF's 22.1% gains on a YTD basis outshine the stock's returns over the same time frame. SPGI's underperformance is attributed to modest auto demand in July, driven by concerns over affordability. Sales are expected to improve slightly as the market anticipates a second wave of pull-ahead demand in 2025, with a focus on battery electric vehicles ahead of the expiration of federal EV incentives on September 30th. This will help boost overall new vehicle volumes, but to a lesser extent than seen earlier this year. On Jul. 31, SPGI shares closed up more than 4% after reporting its Q2 results. Its adjusted EPS increased 9.7% year over year to $4.43. The company's revenue stood at $3.8 billion, up 5.8% year over year. For the current fiscal year, ending in December, analysts expect SPGI's EPS to grow 9.4% to $17.17 on a diluted basis. The company's earnings surprise history is impressive. It beat the consensus estimate in each of the last four quarters. Among the 23 analysts covering SPGI stock, the consensus is a 'Strong Buy.' That's based on 19 'Strong Buy' ratings, three 'Moderate Buys,' and one 'Hold.' This configuration is less bullish than a month ago, with 20 analysts suggesting a 'Strong Buy.' On Aug. 5, Sean Kennedy from Mizuho Financial Group, Inc. (MFG) reiterated a 'Buy' rating on SPGI with a price target of $637, implying a potential upside of 13.2% from current levels. The mean price target of $619.15 represents a 10.1% premium to SPGI's current price levels. The Street-high price target of $660 suggests an upside potential of 17.3%. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
14-07-2025
- Business
- Yahoo
Morgan Stanley Keeps Buy Rating on S&P Global (SPGI), Raises PT
S&P Global Inc. (NYSE:SPGI) is one of the 13 Best Large Cap Stocks to Buy Right Now. On July 7, TipRanks reported that Morgan Stanley analyst Toni Kaplan raised the price target for S&P Global Inc. (NYSE:SPGI) from $587 to $595 and maintained a 'Buy' rating. Kaplan's positive stance on S&P Global Inc. (NYSE:SPGI) is based on a combination of factors that suggest a positive outlook for the company. A group of analysts studying data on a large monitor. Even though credit markets had a challenging quarter, S&P Global Inc. (NYSE:SPGI) performance is expected to be better than previously expected. In June, there was a strong increase in credit issuance. Because of this pleasant surprise, Morgan Stanley's analyst increased S&P Global Inc.'s (NYSE:SPGI) earnings per share estimate by 2%, reflecting higher financial expectations for the company. Additionally, Kaplan expects the company to maintain its full-year ratings revenue guidance, despite a drop in issuance. This further supports the Buy rating. S&P Global Inc. (NYSE:SPGI) is an American financial intelligence company that provides credit ratings, benchmarks, analytics, and workflow solutions. The company offers data, technology, and expertise to help clients make informed decisions. While we acknowledge the potential of SPGI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-07-2025
- Business
- Yahoo
Morgan Stanley Keeps Buy Rating on S&P Global (SPGI), Raises PT
S&P Global Inc. (NYSE:SPGI) is one of the 13 Best Large Cap Stocks to Buy Right Now. On July 7, TipRanks reported that Morgan Stanley analyst Toni Kaplan raised the price target for S&P Global Inc. (NYSE:SPGI) from $587 to $595 and maintained a 'Buy' rating. Kaplan's positive stance on S&P Global Inc. (NYSE:SPGI) is based on a combination of factors that suggest a positive outlook for the company. A group of analysts studying data on a large monitor. Even though credit markets had a challenging quarter, S&P Global Inc. (NYSE:SPGI) performance is expected to be better than previously expected. In June, there was a strong increase in credit issuance. Because of this pleasant surprise, Morgan Stanley's analyst increased S&P Global Inc.'s (NYSE:SPGI) earnings per share estimate by 2%, reflecting higher financial expectations for the company. Additionally, Kaplan expects the company to maintain its full-year ratings revenue guidance, despite a drop in issuance. This further supports the Buy rating. S&P Global Inc. (NYSE:SPGI) is an American financial intelligence company that provides credit ratings, benchmarks, analytics, and workflow solutions. The company offers data, technology, and expertise to help clients make informed decisions. While we acknowledge the potential of SPGI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-07-2025
- Business
- Yahoo
S&P Global Earnings Preview: What to Expect
With a market cap of $161.4 billion, S&P Global Inc. (SPGI) is a leading provider of credit ratings, benchmarks, analytics, and workflow solutions across the global capital, commodity, and automotive markets. Operating through five key segments, the company delivers independent insights and data to financial professionals, corporations, and institutions worldwide. The New York-based company is expected to unveil its fiscal Q2 2025 earnings results before the market opens on Thursday, Jul. 31. Before the event, analysts anticipate S&P Global to report an adjusted EPS of $4.19, up 3.7% from $4.04 in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in the past four quarters. Nvidia Scores Another Sovereign AI Win. How Should You Play NVDA Stock Here? Dear Amazon Stock Fans, Mark Your Calendars for July 8 Vanguard Just Bought More SoundHound Stock. Should You? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For fiscal 2025, analysts expect the independent ratings and analytics provider to report adjusted EPS of $17.01, up 8.3% from $15.70 in fiscal 2024. Looking ahead, adjusted EPS is projected to grow 10.8% year-over-year to $18.85 in fiscal 2026. Shares of S&P Global have increased 15.5% over the past 52 weeks, outperforming both the S&P 500 Index's ($SPX) 11.7% rise. However, the stock has lagged behind the Financial Select Sector SPDR Fund's (XLF) over 26% return over the same period. Shares of S&P Global rose 2.6% on Apr. 29 after the release of strong Q1 2025 results, with adjusted EPS of $4.37 beating the consensus estimate and rising 9% year-over-year. Revenue grew 8.3% year-over-year to $3.8 billion, surpassing the $3.7 billion consensus estimate, with strong performances across all segments, particularly Indices and Mobility. Additionally, investor sentiment was boosted by a strong adjusted operating profit of $1.9 billion and an updated full-year EPS guidance midpoint of $17, exceeding the consensus estimate. Analysts' consensus view on S&P Global's stock is bullish, with a "Strong Buy" rating overall. Among 24 analysts covering the stock, 20 recommend "Strong Buy," three "Moderate Buys," and one suggests "Hold." This configuration is more bullish than three months ago, with 18 analysts suggesting a "Strong Buy." As of writing, the stock is trading below the average analyst price target of $587.62. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
S&P Global (SPGI) Joins Seven Founding Dividend Aristocrats with Decade-Long 10x Returns
S&P Global Inc. (NYSE:SPGI) is included among the 11 Best Dividend Aristocrat Stocks to Invest in Now. A group of analysts studying data on a large monitor. S&P Global Inc. (NYSE:SPGI) is among the select companies that have delivered a total return of at least 10 times since the inception of the S&P Dividend Aristocrats Index. Over that period, the company achieved a cumulative return of 1,546%, with a compound annual growth rate of 15.2%. Originally known as McGraw-Hill, the company adopted the name S&P Global Inc. (NYSE:SPGI) in 2016. According to the S&P Dow Jones Indices website, the company's roots trace back to 1860, when Henry Varnum Poor published History of the Railroads and Canals of the United States, a pioneering effort to provide market data for participants in the growing US railroad industry. S&P Global Inc. (NYSE:SPGI) is a solid dividend payer, offering a quarterly dividend of $0.96 per share. It is one of the best dividend aristocrat stocks, as its dividend growth spans over 53 years. As of June 27, the stock has a dividend yield of 0.74%. While we acknowledge the potential of SPGI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
