Sp Global Stock Today

SPGI Stock  USD 421.75  1.06  0.25%   

Performance

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Odds Of Distress

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SP Global is trading at 421.75 as of the 18th of March 2024. This is a -0.25 percent decrease since the beginning of the trading day. The stock's open price was 422.81. SP Global has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for SP Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
2nd of January 2001
Classification
Financials
SP Global Inc., together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. SP Global Inc. was founded in 1860 and is headquartered in New York, New York. The company has 314.1 M outstanding shares of which 2.28 M shares are at this time shorted by private and institutional investors with about 1.45 trading days to cover. More on SP Global

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SPGI Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SP Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SP Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, SP Global's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SP Global's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEODaniel Draper
Business ConcentrationFinancial Exchanges & Data, Financial Data & Stock Exchanges, Financial Services, NYSE Composite, SP 500 Index, ARCA Institutional, Financials, Capital Markets, Financial Data & Stock Exchanges, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering SP Global report their recommendations after researching SP Global's financial statements, talking to executives and customers, or listening in on SP Global's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering SP Global. The SPGI consensus assessment is calculated by taking the average forecast from all of the analysts covering SP Global.
Financial Strength
Based on the analysis of SP Global's profitability, liquidity, and operating efficiency, SP Global may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. Financial strength of SP Global is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.20.2063
Sufficiently Down
Slightly volatile
Gross Profit Margin0.590.6686
Fairly Down
Slightly volatile
Total Current Liabilities6.4 B6.1 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total17.2 B16.4 B
Sufficiently Up
Slightly volatile
Total Assets63.6 B60.6 B
Sufficiently Up
Slightly volatile
Total Current Assets2.8 B5.1 B
Way Down
Slightly volatile
Total Cash From Operating Activities3.9 B3.7 B
Sufficiently Up
Slightly volatile
SP Global's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to SP Global's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
SP Global's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of SP Global's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand SP Global's financial leverage. It provides some insight into what part of SP Global's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on SP Global's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how SP Global deploys its capital and how much of that capital is borrowed.
Liquidity
SP Global cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 12 B in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. SP Global has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist SP Global until it has trouble settling it off, either with new capital or with free cash flow. So, SP Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SP Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SPGI to invest in growth at high rates of return. When we think about SP Global's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

3.75 Billion
SP Global (SPGI) is traded on New York Stock Exchange in USA. It is located in 55 Water Street, New York, NY, United States, 10041 and employs 40,450 people. SP Global is listed under Financial Exchanges & Data category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 132.8 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SP Global's market, we take the total number of its shares issued and multiply it by SP Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. SP Global conducts business under Capital Markets sector and is part of Financials industry. The entity has 314.1 M outstanding shares of which 2.28 M shares are at this time shorted by private and institutional investors with about 1.45 trading days to cover. SP Global currently holds about 1.39 B in cash with 3.71 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.26.
Check SP Global Probability Of Bankruptcy
Ownership Allocation
SP Global secures a total of 314.1 Million outstanding shares. The majority of SP Global outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to take positions in SP Global to benefit from reduced commissions. Therefore, outside corporations are subject to a different set of regulations than regular investors in SP Global. Please pay attention to any change in the institutional holdings of SP Global as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check SPGI Ownership Details

SPGI Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of SP Global jumping above the current price in 90 days from now is about 91.1%. The SP Global probability density function shows the probability of SP Global stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SP Global has a beta of 0.945. This usually implies SP Global market returns are responsive to returns on the market. As the market goes up or down, SP Global is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SP Global is significantly underperforming NYSE Composite.
  Odds Below 421.75HorizonTargetOdds Above 421.75
8.71%90 days
 421.75 
91.10%
Based on a normal probability distribution, the odds of SP Global to move above the current price in 90 days from now is about 91.1 (This SP Global probability density function shows the probability of SPGI Stock to fall within a particular range of prices over 90 days) .

SPGI Stock Institutional Holders

Institutional Holdings refers to the ownership stake in SP Global that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SP Global's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SP Global's value.
InstituionRecorded OnShares
Bank Of America Corp2023-12-31
4.6 M
Norges Bank2023-12-31
3.8 M
Amvescap Plc.2023-12-31
3.7 M
Edgewood Management Llc2023-12-31
3.5 M
Northern Trust Corp2023-12-31
3.1 M
Legal & General Group Plc2023-12-31
2.9 M
Capital World Investors2023-12-31
2.8 M
T. Rowe Price Associates, Inc.2023-12-31
2.7 M
Wells Fargo & Co2023-12-31
2.6 M
Vanguard Group Inc2023-12-31
28.8 M
Blackrock Inc2023-12-31
24.2 M
View SP Global Diagnostics

SP Global Historical Income Statement

SP Global Income Statement is one of the three primary financial statements used for reporting SPGI's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of SP Global revenue and expense. SP Global Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, SP Global's Gross Profit is increasing as compared to previous years. The SP Global's current Operating Income is estimated to increase to about 4.2 B, while Other Operating Expenses is projected to decrease to under 3.8 B. View More Fundamentals

SPGI Stock Against Markets

Picking the right benchmark for SP Global stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SP Global stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SP Global is critical whether you are bullish or bearish towards SP Global at a given time. Please also check how SP Global's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SP Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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SP Global Corporate Directors

SP Global corporate directors refer to members of a SP Global board of directors. The board of directors generally takes responsibility for the SP Global's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of SP Global's board members must vote for the resolution. The SP Global board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Stephanie HillIndependent DirectorProfile
Ian LivingstonIndependent DirectorProfile
Deborah McWhinneyIndependent DirectorProfile
Maria MorrisIndependent DirectorProfile

How to buy SPGI Stock?

Before investing in SP Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SP Global. To buy SP Global stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of SP Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase SP Global stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located SP Global stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased SP Global stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as SP Global, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SPGI Stock please use our How to Invest in SP Global guide.

Already Invested in SP Global?

The danger of trading SP Global is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SP Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SP Global. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SP Global is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SP Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SP Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sp Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sp Global Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Global. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.
Note that the SP Global information on this page should be used as a complementary analysis to other SP Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running SP Global's price analysis, check to measure SP Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SP Global is operating at the current time. Most of SP Global's value examination focuses on studying past and present price action to predict the probability of SP Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SP Global's price. Additionally, you may evaluate how the addition of SP Global to your portfolios can decrease your overall portfolio volatility.
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Is SP Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SP Global. If investors know SPGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SP Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.367
Dividend Share
3.6
Earnings Share
8.24
Revenue Per Share
39.249
Quarterly Revenue Growth
0.073
The market value of SP Global is measured differently than its book value, which is the value of SPGI that is recorded on the company's balance sheet. Investors also form their own opinion of SP Global's value that differs from its market value or its book value, called intrinsic value, which is SP Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SP Global's market value can be influenced by many factors that don't directly affect SP Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SP Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.