8 analysts have shared their evaluations of S&P Global (NYSE:SPGI) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 5 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 3 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 2 | 1 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $490.12, with a high estimate of $555.00 and a low estimate of $442.00. This upward trend is evident, with the current average reflecting a 1.34% increase from the previous average price target of $483.62.
Exploring Analyst Ratings: An In-Depth Overview
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 |
|---|---|---|---|---|---|
| Alex Kramm | UBS | Raises | Buy | $555.00 | $505.00 |
| Toni Kaplan | Morgan Stanley | Raises | Overweight | $510.00 | $500.00 |
| Owen Lau | Oppenheimer | Raises | Outperform | $486.00 | $482.00 |
| Ashish Sabadra | RBC Capital | Maintains | Outperform | $500.00 | $500.00 |
| Ashish Sabadra | RBC Capital | Maintains | Outperform | $500.00 | $500.00 |
| Owen Lau | Oppenheimer | Raises | Outperform | $482.00 | $480.00 |
| Shlomo Rosenbaum | Stifel | Raises | Buy | $446.00 | $442.00 |
| Shlomo Rosenbaum | Stifel | Lowers | Buy | $442.00 | $460.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to S&P Global. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of S&P Global compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for S&P Global's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
For valuable insights into S&P Global's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on S&P Global analyst ratings.
Get to Know S&P Global Better
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.
S&P Global's Financial Performance
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: S&P Global displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 10.47%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: S&P Global's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 28.39%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.89%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): S&P Global's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.64%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.36.
Understanding the Relevance of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.