For its first fiscal quarter (ending March 31), S&P Global Inc (NYSE: SPGI) has reported E.P.S. of $3.16 compared to $2.47 a year ago. For the latest four quarters through March 31, E.P.S. were $8.94 versus $8.52 for the same period a year ago.
Recent Price Action
S&P Global Inc (NYSE: SPGI) stock rose modestly by 0.5% on 4/25/24. The stock closed at $415.50. Moreover, this advance was accompanied by unusually high trading volume at 172% of normal. Relative to the market the stock has been strong over the last nine months and has risen 0.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SPGI is expected to continue to be a Value Builder.
S&P Global has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. S&P Global has a good Power Rating of 70 and a good Appreciation Score of 85, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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