Somewhat Favorable News Coverage Somewhat Unlikely to Affect S&P Global (SPGI) Stock Price

Media headlines about S&P Global (NYSE:SPGI) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty 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 media sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 46.0432802564923 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of S&P Global (NYSE:SPGI) traded up 0.09% during mid-day trading on Friday, reaching $150.10. 1,615,666 shares of the company’s stock traded hands. The company’s 50-day moving average price is $150.57 and its 200-day moving average price is $138.54. S&P Global has a 12-month low of $107.21 and a 12-month high of $158.35. The stock has a market capitalization of $38.58 billion, a PE ratio of 17.49 and a beta of 1.52.

S&P Global (NYSE:SPGI) last released its earnings results on Thursday, July 27th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.15. S&P Global had a net margin of 38.78% and a return on equity of 202.37%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same period in the previous year, the firm earned $1.44 earnings per share. S&P Global’s revenue was up 1.8% compared to the same quarter last year. Analysts anticipate that S&P Global will post $6.34 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 12th. Shareholders of record on Monday, August 28th will be given a dividend of $0.41 per share. The ex-dividend date is Thursday, August 24th. This represents a $1.64 dividend on an annualized basis and a yield of 1.09%. S&P Global’s dividend payout ratio (DPR) is 19.16%.

Several equities research analysts have recently commented on SPGI shares. Cantor Fitzgerald restated an “overweight” rating and issued a $153.00 price objective (up from $139.00) on shares of S&P Global in a research note on Wednesday, April 26th. Argus reiterated a “buy” rating and issued a $158.00 price target (up previously from $150.00) on shares of S&P Global in a research note on Monday, May 29th. Barclays PLC increased their price target on S&P Global from $150.00 to $155.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 28th. Zacks Investment Research lowered S&P Global from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Morgan Stanley restated an “equal weight” rating and set a $146.00 price objective (up previously from $145.00) on shares of S&P Global in a research report on Friday, July 14th. One equities research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $153.73.

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In other news, Director Marco Alvera bought 400 shares of S&P Global stock in a transaction dated Tuesday, May 30th. The shares were acquired at an average cost of $140.09 per share, with a total value of $56,036.00. Following the completion of the transaction, the director now owns 400 shares in the company, valued at approximately $56,036. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.20% of the company’s stock.

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.

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