News stories about S&P Global (NYSE:SPGI) have trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. S&P Global earned a media sentiment score of -4.00 on their scale. InfoTrie also assigned press coverage about the business services provider an news buzz score of 0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected S&P Global’s ranking:
- S&P 500 Buybacks Return to $200 Billion Range in Q1 2020; Expectations for Q2 2020 are Low as Companies Suspend Programs (prnewswire.com)
- S&P Global Inc (NYSE:SPGI) Expected to Announce Quarterly Sales of $1.70 Billion (americanbankingnews.com)
- Noteworthy Wednesday Option Activity: SPGI, MA, IBM (nasdaq.com)
- Daily Dividend Report: SPGI,MKC,TGLS (nasdaq.com)
- Head to Head Contrast: S&P Global (NYSE:SPGI) versus theglobe.com (NYSE:TGLO) (americanbankingnews.com)
Shares of NYSE SPGI traded down $6.22 during mid-day trading on Friday, hitting $321.60. The company’s stock had a trading volume of 1,879,522 shares, compared to its average volume of 1,199,695. The stock has a market cap of $78.98 billion, a price-to-earnings ratio of 33.64, a price-to-earnings-growth ratio of 3.25 and a beta of 1.06. The company has a debt-to-equity ratio of 8.52, a current ratio of 1.24 and a quick ratio of 1.24. S&P Global has a one year low of $186.05 and a one year high of $334.66. The company’s fifty day simple moving average is $316.80 and its 200-day simple moving average is $285.27.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.83%. The ex-dividend date of this dividend is Tuesday, August 25th. S&P Global’s payout ratio is 28.12%.
Several equities analysts recently commented on SPGI shares. Stifel Nicolaus dropped their price objective on shares of S&P Global from $322.00 to $280.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. BMO Capital Markets increased their price objective on shares of S&P Global from $322.00 to $365.00 in a research note on Monday, June 8th. ValuEngine upgraded shares of S&P Global from a “sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Zacks Investment Research upgraded shares of S&P Global from a “hold” rating to a “buy” rating and set a $262.00 price objective for the company in a research note on Friday, March 27th. Finally, Oppenheimer began coverage on shares of S&P Global in a research note on Monday, May 18th. They issued an “outperform” rating and a $340.00 price objective for the company. Four research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. S&P Global presently has an average rating of “Buy” and an average price target of $306.40.
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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