S&P Global Inc (NYSE:SPGI) shares traded -4.09% down during most recent session to reach at the closing price of $177.62. The stock exchanged hands 2.42 Million shares versus average trading capacity of 1.56 Million shares, yielding a market cap of $44.64 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $208.86 within the next 52-weeks. The mean target projections are based on 14 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have S&P Global Inc (NYSE:SPGI) high price target of $235 and with a conservative view have low price target of $180.
Goldman Sachs “Initiates Coverage On” S&P Global Inc (NYSE:SPGI) in a research note issued to investors on 11/14/18 to Buy with price target of $225.
Additionally on 10/26/18 Raymond James “Maintained” S&P Global Inc (NYSE:SPGI) to Outperform setting price target at $215 and on 10/26/18 BMO Capital “Maintained” the stock to Market Perform at $185. Furthermore on 10/26/18 Wells Fargo “Maintained” the stock to Market Perform at $180.
On the other hand the company has Relative Strength Index (RSI 14) of 44.34 along with Average True Range (ATR 14) of 4.67, Consequently S&P Global Inc (NYSE:SPGI)’s weekly and monthly volatility is 2.62%, 2.11% respectively. The company’s beta value is at 1.16.
In terms of Buy, Sell or Hold recommendations, S&P Global Inc (NYSE:SPGI) has analysts’ mean recommendation of 2.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts S&P Global Inc (NYSE:SPGI)’s minimum EPS for the current quarter is at $2.21 and can go high up to $2.39. The consensus mean EPS for the current quarter is at $2.25 derived from a total of 15 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.85 earnings per share for the same quarter during last year.
Previously S&P Global Inc (NYSE:SPGI) reported $2.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.07. The company posted an earnings surprise of 3.4%.
S&P Global Inc (NYSE:SPGI)’s revenue estimates for the current quarter are $1.63 Billion according to 13 number of analysts, for the current quarter the company has high revenue estimates of $1.69 Billion in contradiction of low revenue estimates of $1.59 Billion. For the current year the company’s revenue estimates are $6.35 Billion compared to low analyst estimates of $6.31 Billion and high estimates of $6.46 Billion according to 16 number of analysts.
Currently S&P Global Inc (NYSE:SPGI)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 85%. However the six-month change in the insider ownership was recorded -1.98%, as well as three-month change in the institutional ownership was recorded -2.37%.
S&P Global Inc (NYSE:SPGI)’s trailing twelve month revenues are $6.31 Billion, whereas its price to sales ratio for the same period is 7.07. Its book value per share for the most recent quarter is $3.6 while its price to book ratio for the same period is 49.34, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 1.45 whereas its trailing twelve month P/E ratio is 24.33.