News articles about S&P Global (NYSE:SPGI) have been trending positive on Tuesday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than 6,000 blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. S&P Global earned a coverage optimism score of 2.14 on their scale. InfoTrie also assigned news coverage about the business services provider an news buzz score of 0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the media headlines that may have impacted S&P Global’s ranking:
SPGI has been the subject of a number of research reports. JPMorgan Chase & Co. set a GBX 3,200 ($41.81) target price on shares of Diageo and gave the stock a “neutral” rating in a report on Wednesday, July 10th. Raymond James increased their target price on shares of S&P Global from $226.00 to $246.00 and gave the stock an “outperform” rating in a report on Wednesday, July 10th. Piper Jaffray Companies set a $16.00 target price on shares of WPX Energy and gave the stock a “buy” rating in a report on Friday, April 5th. Morgan Stanley increased their target price on shares of Williams-Sonoma from $52.00 to $56.00 and gave the stock an “underweight” rating in a report on Wednesday, July 10th. Finally, UBS Group increased their target price on shares of Willis Towers Watson from $202.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, July 10th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $225.55.
Shares of NYSE SPGI opened at $240.89 on Tuesday. The firm has a 50 day simple moving average of $227.34. The company has a market cap of $59.40 billion, a price-to-earnings ratio of 28.34, a PEG ratio of 1.94 and a beta of 1.09. S&P Global has a 1 year low of $156.68 and a 1 year high of $241.92. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 11.03.
S&P Global (NYSE:SPGI) last released its earnings results on Thursday, May 2nd. The business services provider reported $2.11 earnings per share for the quarter, missing analysts’ consensus estimates of $2.12 by ($0.01). The firm had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.60 billion. S&P Global had a net margin of 29.99% and a return on equity of 325.28%. The business’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the prior year, the company posted $2.00 EPS. Analysts predict that S&P Global will post 9.03 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Tuesday, August 27th will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend is Monday, August 26th. S&P Global’s dividend payout ratio (DPR) is 26.82%.
In other news, CEO Alexander Matturri, Jr. sold 1,007 shares of the firm’s stock in a transaction that occurred on Tuesday, July 9th. The shares were sold at an average price of $230.44, for a total transaction of $232,053.08. Following the completion of the sale, the chief executive officer now owns 18,723 shares of the company’s stock, valued at approximately $4,314,528.12. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Ewout L. Steenbergen sold 8,000 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $215.59, for a total transaction of $1,724,720.00. Following the sale, the chief financial officer now directly owns 15,694 shares of the company’s stock, valued at approximately $3,383,469.46. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 21,312 shares of company stock valued at $4,593,028. Insiders own 0.20% of the company’s stock.
About S&P Global
S&P Global Inc, together with its subsidiaries, provides ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. The company operates through four segments: S&P Global Ratings (Ratings), S&P Global Market Intelligence (Market Intelligence), S&P Global Platts (Platts), and S&P Dow Jones Indices (Indices).
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