S&P Global Inc (NYSE: SPGI) is 4.99% higher on its value in year-to-date trading and has touched a low of $407.69 and a high of $545.39 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SPGI stock was last observed hovering at around $516.81 in the last trading session, with the day’s gains setting it 6.09%.
Currently trading at $522.90, the stock is -1.35% and 1.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.65 million and changing 1.18% at the moment leaves the stock 5.68% off its SMA200. SPGI registered 21.89% gain for a year compared to 6-month gain of 1.88%.
The stock witnessed a 0.87% loss in the last 1 month and extending the period to 3 months gives it a 0.07%, and is -1.20% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.18% over the week and 1.56% over the month.
S&P Global Inc (SPGI) has around 42350 employees, a market worth around $160.95B and $14.21B in sales. Current P/E ratio is 42.34 and Fwd P/E is 27.19. Profit margin for the company is 27.12%. Distance from 52-week low is 28.26% and -4.12% from its 52-week high. The company has generated returns on investments over the last 12 months (8.55%).
with sales reaching $3.72B over the same period.The EPS is expected to grow by 9.47% this year, but quarterly earnings will post 6.27% year-over-year. Quarterly sales are estimated to grow 6.65% in year-over-year returns.
The shares outstanding are 315.00M, and float is at 307.46M with Short Float at 0.94%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 29.42 million shares valued at $13.12 billion. The investor’s holdings represent 9.38 of the SPGI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 25.77 million shares valued at $11.49 billion to account for 8.2181 of the shares outstanding. The other top investors are STATE STREET CORP which holds 14.08 million shares representing 4.498 and valued at over $6.28 billion, while TCI FUND MANAGEMENT LTD holds 3.3227 of the shares totaling 10.4 million with a market value of $4.64 billion.
S&P Global Inc (SPGI) Insider Activity
A total of 0 insider transactions have happened at S&P Global Inc (SPGI) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Peterson Douglas L., the company’s Director. SEC filings show that Peterson Douglas L. sold 5,521 shares of the company’s common stock on Feb 14 ’25 at a price of $543.39 per share for a total of $3.0 million. Following the sale, the insider now owns 0.15 million shares.
Still, SEC filings show that on Dec 12 ’24, Manis Dimitra (Officer) Proposed Sale 1,293 shares at an average price of $517.40 for $0.67 million. The insider now directly holds shares of S&P Global Inc (SPGI).
S&P Global Inc (SPGI): Who are the competitors?
One of the company’s main competitors (and peers) include Moody’s Corp. (MCO) that is trading 23.94% up over the past 12 months.Thomson Reuters Corp. (TRI) lies in the list of competitors of the S&P Global Inc and is 11.76% higher over the same period from SPGIMSCI Inc. (MSCI) is 4.27% up on the 1-year trading charts.