S&P Global (NYSE:SPGI) released its quarterly earnings results on Tuesday. The business services provider reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.22, Bloomberg Earnings reports. The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.50 billion. S&P Global had a net margin of 24.69% and a return on equity of 199.44%. The business’s revenue for the quarter was up 13.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.28 EPS. S&P Global updated its FY18 guidance to $8.45-8.60 EPS.

Shares of S&P Global (SPGI) opened at $182.69 on Thursday. S&P Global has a fifty-two week low of $124.64 and a fifty-two week high of $185.38. The company has a current ratio of 1.35, a quick ratio of 1.52 and a debt-to-equity ratio of 4.13. The stock has a market cap of $45,889.80, a price-to-earnings ratio of 31.61, a PEG ratio of 1.96 and a beta of 1.52.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 12th. Stockholders of record on Monday, February 26th will be issued a dividend of $0.50 per share. This is an increase from S&P Global’s previous quarterly dividend of $0.41. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Friday, February 23rd. S&P Global’s payout ratio is currently 28.37%.

In other news, CEO Douglas L. Peterson sold 4,000 shares of S&P Global stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $157.79, for a total transaction of $631,160.00. Following the completion of the sale, the chief executive officer now directly owns 140,743 shares of the company’s stock, valued at approximately $22,207,837.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.20% of the company’s stock.

A number of research firms have recently commented on SPGI. Susquehanna Bancshares lowered shares of S&P Global from a “positive” rating to a “neutral” rating in a research report on Wednesday. Morgan Stanley boosted their price target on shares of S&P Global from $192.00 to $198.00 and gave the company an “equal weight” rating in a research report on Wednesday. BMO Capital Markets lifted their price objective on shares of S&P Global from $183.00 to $186.00 and gave the stock a “market perform” rating in a report on Wednesday. Barclays lifted their price objective on shares of S&P Global from $190.00 to $205.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Cantor Fitzgerald lifted their price objective on shares of S&P Global from $190.00 to $196.00 and gave the stock an “overweight” rating in a report on Wednesday. Seven analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. S&P Global currently has a consensus rating of “Buy” and a consensus target price of $182.29.

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About S&P Global

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.

Earnings History for S&P Global (NYSE:SPGI)

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