In the preceding three months, 6 analysts have released ratings for S&P Global SPGI, presenting a wide array of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 5 | 0 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 3 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 2 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for S&P Global, presenting an average target of $487.5, a high estimate of $520.00, and a low estimate of $442.00. This current average has increased by 1.56% from the previous average price target of $480.00.
Decoding Analyst Ratings: A Detailed Look
A comprehensive examination of how financial experts perceive S&P Global is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Shlomo Rosenbaum | Stifel | Lowers | Buy | $442.00 | $460.00 |
Manav Patnaik | Barclays | Raises | Overweight | $520.00 | $500.00 |
Owen Lau | Oppenheimer | Maintains | Outperform | $480.00 | - |
Jeffrey Silber | BMO Capital | Raises | Outperform | $483.00 | $480.00 |
Ashish Sabadra | RBC Capital | Maintains | Outperform | $500.00 | - |
Ashish Sabadra | RBC Capital | Maintains | Outperform | $500.00 | - |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to S&P Global. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of S&P Global compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for S&P Global's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into S&P Global's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on S&P Global analyst ratings.
Delving into S&P Global's Background
S&P Global provides data and benchmarks to capital and commodity market participants. Its ratings business is the largest credit rating agency in the world and S&P's largest segment by profitability. S&P's largest segment by revenue is market intelligence, which provides desktop, data and advisory solutions, enterprise solutions, and credit/risk solutions mostly in the financial-services industry. S&P's other segments include commodity insights (Platts and other data), mobility (Carfax), and indexes.
Financial Milestones: S&P Global's Journey
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Over the 3 months period, S&P Global showcased positive performance, achieving a revenue growth rate of 7.32% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: S&P Global's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 18.37%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 1.66%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): S&P Global's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.96%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: S&P Global's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.35.
Understanding the Relevance of Analyst Ratings
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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