IHS Markit (NASDAQ:INFO) is scheduled to post its quarterly earnings results before the market opens on Tuesday, January 16th. Analysts expect IHS Markit to post earnings of $0.51 per share for the quarter.
IHS Markit (NASDAQ INFO) opened at $46.68 on Tuesday. The firm has a market cap of $18,440.00, a price-to-earnings ratio of 49.14, a P/E/G ratio of 2.19 and a beta of 0.83. IHS Markit has a fifty-two week low of $36.44 and a fifty-two week high of $48.53. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44.
A number of equities analysts recently weighed in on the stock. Cantor Fitzgerald restated a “hold” rating and set a $45.00 target price on shares of IHS Markit in a report on Tuesday, September 26th. BMO Capital Markets restated an “outperform” rating and set a $50.00 target price (down from $52.00) on shares of IHS Markit in a report on Wednesday, September 27th. Wells Fargo & Co lowered their target price on shares of IHS Markit from $52.00 to $50.00 and set an “outperform” rating on the stock in a report on Wednesday, September 27th. SunTrust Banks upgraded shares of IHS Markit from a “hold” rating to a “buy” rating in a report on Tuesday, November 28th. Finally, Bank of America lowered their target price on shares of IHS Markit from $52.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company’s stock. IHS Markit has an average rating of “Hold” and a consensus price target of $47.93.
IHS Markit Ltd., formerly Markit Ltd., is a provider of critical information and analytics for the major industries, financial markets and governments. The Company operates through four segments: Resources, Transportation, Consolidated Markets & Solutions (CMS) and Financial Services. The Resources segment includes its energy and chemicals product offerings.
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