S&P Global (NYSE:SPGI) Receives Coverage Optimism Rating of 0.14

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Press coverage about S&P Global (NYSE:SPGI) has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. S&P Global earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 45.6654292333741 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:

Shares of S&P Global stock opened at $189.74 on Friday. The company has a market capitalization of $48,103.89, a PE ratio of 27.46, a P/E/G ratio of 1.53 and a beta of 1.36. The company has a debt-to-equity ratio of 4.13, a current ratio of 1.35 and a quick ratio of 1.35. S&P Global has a one year low of $128.26 and a one year high of $197.76.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, February 6th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.63 by $0.22. The company had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.50 billion. S&P Global had a return on equity of 199.44% and a net margin of 24.69%. S&P Global’s revenue was up 13.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.28 EPS. research analysts forecast that S&P Global will post 8.52 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, March 12th. Shareholders of record on Monday, February 26th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 23rd. This is a positive change from S&P Global’s previous quarterly dividend of $0.41. This represents a $2.00 dividend on an annualized basis and a yield of 1.05%. S&P Global’s payout ratio is 29.03%.

A number of equities analysts recently commented on the company. ValuEngine upgraded S&P Global from a “hold” rating to a “buy” rating in a report on Monday. Argus increased their price objective on S&P Global to $210.00 and gave the stock a “buy” rating in a report on Wednesday, February 14th. Piper Jaffray reissued an “overweight” rating and issued a $229.00 target price (up from $224.00) on shares of S&P Global in a research note on Tuesday, February 13th. Credit Suisse Group increased their target price on S&P Global from $183.00 to $222.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 7th. Finally, Cantor Fitzgerald increased their price objective on S&P Global from $190.00 to $196.00 and gave the company an “overweight” rating in a research report on Wednesday, February 7th. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. S&P Global currently has a consensus rating of “Buy” and an average target price of $190.36.

In related news, SVP Nancy Luquette sold 890 shares of the business’s stock in a transaction on Wednesday, March 7th. The stock was sold at an average price of $188.53, for a total transaction of $167,791.70. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Douglas L. Peterson sold 4,000 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $187.30, for a total value of $749,200.00. Following the transaction, the chief executive officer now owns 145,850 shares in the company, valued at $27,317,705. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,792 shares of company stock valued at $3,973,197. 0.20% of the stock is currently owned by corporate insiders.

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S&P Global Company Profile

S&P Global Inc, formerly McGraw Hill Financial Inc, is a provider of ratings, benchmarks, analytics and data to the capital and commodity markets around the world. The Company operates through three segments: Ratings, which provides credit ratings, research and analytics to investors, issuers and other market participants; Market and Commodities Intelligence, which offers multi-asset-class data, research and analytical capabilities that integrate cross-asset analytics and desktop services, and deliver their customers in the commodity and energy markets access to information, data, analytic services and pricing and benchmarks, and S&P Dow Jones Indices (Indices), which is an index provider that maintains a range of valuation and index benchmarks for investment advisors, wealth managers and institutional investors.

Insider Buying and Selling by Quarter for S&P Global (NYSE:SPGI)

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