Stock of the Day

S&P Global (SPGI)

$556.11

-$8.04 (-1.4%)

Market Cap: $169.89B

About S&P Global

S&P Global, Inc. engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.

The Market Intelligence segment provides multi-asset-class data and analytics integrated with purpose-built workflow solutions. The Ratings segment is involved in credit ratings, research, and analytics, offering investors and other market participants information, ratings, and benchmarks. The Commodity Insights segment focuses on information and benchmark prices for the commodity and energy markets. The Mobility segment offers solutions serving the full automotive value chain including vehicle manufacturers, automotive suppliers, mobility service providers, retailers, consumers, and finance and insurance companies. The Engineering Solutions segment engages in advanced knowledge discovery technologies, research tools, and software-based engineering decision engines to advance innovation, maximize productivity, improve quality, and reduce risk. The company was founded by James H. McGraw and John A. Hill in 1917 and is headquartered in New York, NY.

S&P Global Bull Case

Here are some ways that investors could benefit from investing in S&P Global Inc.:

• The current stock price is around $566, which is near its one-year high, indicating strong market performance and investor confidence.
• S&P Global Inc. reported a quarterly earnings per share (EPS) of $4.43, surpassing analysts' expectations, which reflects the company's robust financial health and operational efficiency.
• The company has a solid revenue growth of 5.8% year-over-year, showcasing its ability to expand and adapt in a competitive market.
• With a market capitalization of approximately $170.75 billion, S&P Global Inc. is a significant player in the financial services sector, providing stability and potential for long-term growth.
• The recent dividend announcement of $0.96 per share, translating to an annualized yield of 0.7%, offers investors a return on their investment, enhancing the attractiveness of holding the stock.

S&P Global Bear Case

Investors should be bearish about investing in S&P Global Inc. for these reasons:

• The stock has a relatively high price-to-earnings (P/E) ratio of 43.02, which may suggest that the stock is overvalued compared to its earnings, potentially limiting future price appreciation.
• With a beta of 1.19, S&P Global Inc. is slightly more volatile than the market, which could pose risks for investors seeking stability in their portfolios.
• The company's quick ratio of 0.98 indicates that it may have difficulty meeting short-term liabilities, which could raise concerns about liquidity in challenging market conditions.
• Analysts have mixed ratings, with some suggesting a hold position, indicating uncertainty about the stock's future performance.
• The debt-to-equity ratio of 0.34, while relatively low, still suggests that the company is using some leverage, which could be a risk if interest rates rise or if the company faces financial challenges.

Recent News

• BMO Capital Lifts PT on S&P Global Inc. (SPGI) to $621 From $604, Keeps an Overweight Rating (msn.com)
• Asia Pacific Petroleum Conference (APPEC) to Address Key Industry Issues Facing Global Energy Markets (prnewswire.com)
• S&P Global Stock Outlook: Is Wall Street Bullish or Bearish? (msn.com)
• U.S. FACTORY PURCHASES SLOWED SHARPLY IN JULY, DRIVING GLOBAL SUPPLY CHAIN SLOWDOWN: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX (prnewswire.com)
• Kering outlook revised to negative by S&P on weaker metrics (au.investing.com)