For its second fiscal quarter (ending June 30), S&P Global Inc (NYSE: SPGI) has reported E.P.S. of $3.23 compared to $1.60 a year ago. E.P.S. were $10.57 for the latest four quarters through June 30 versus $7.26 for the same period a year ago.
Recent Price Action
On 7/30/24, S&P Global Inc (NYSE: SPGI) stock declined slightly by -0.3%, closing at $488.51. Moreover, this decline was accompanied by above average trading volume at 131% of normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above 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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. S&P Global has a slightly positive Power Rating of 64 and a good Appreciation Score of 83, producing the Highest Value Trend Rating.
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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