Erste Group Bank Predicts Weaker Earnings for S&P Global

S&P Global Inc. (NYSE:SPGI) – Equities researchers at Erste Group Bank lowered their FY2026 earnings per share (EPS) estimates for S&P Global in a research report issued on Friday, September 18th. Erste Group Bank analyst S. Lingnau now anticipates that the business services provider will post earnings per share of $17.83 for the year, down from their prior forecast of $17.85. The consensus estimate for S&P Global’s current full-year earnings is $17.75 per share. Erste Group Bank also issued estimates for S&P Global’s FY2027 earnings at $20.26 EPS.

Other analysts have also issued reports about the stock. Citigroup increased their price target on shares of S&P Global from $454.00 to $500.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Barclays cut their price objective on S&P Global from $555.00 to $553.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Robert W. Baird set a $513.00 target price on S&P Global in a report on Wednesday, September 2nd. Morgan Stanley dropped their price target on S&P Global from $557.00 to $525.00 and set an “overweight” rating for the company in a research report on Tuesday, July 7th. Finally, BMO Capital Markets boosted their price target on S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a report on Tuesday, July 7th. Eighteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $523.59.

S&P Global Stock Performance

Shares of SPGI opened at $402.70 on Monday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. The stock has a market cap of $118.72 billion, a P/E ratio of 24.58, a PEG ratio of 1.95 and a beta of 1.07. The company has a 50-day moving average of $424.25 and a two-hundred day moving average of $424.41. S&P Global has a 12-month low of $381.61 and a 12-month high of $552.25.

S&P Global (NYSE:SPGI) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, topping the consensus estimate of $4.81 by $0.02. The business had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SPGI. Palladiem LLC acquired a new stake in S&P Global in the fourth quarter valued at approximately $36,000. Pingora Partners LLC acquired a new position in shares of S&P Global during the 2nd quarter worth $29,000. Lloyd Advisory Services LLC. acquired a new position in shares of S&P Global during the 4th quarter worth $44,000. South Plains Financial Inc. raised its holdings in shares of S&P Global by 810.0% during the 4th quarter. South Plains Financial Inc. now owns 91 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 81 shares in the last quarter. Finally, Sankala Group LLC bought a new position in shares of S&P Global during the 4th quarter valued at $51,000. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

About S&P Global

S&P Global Inc (NYSE: SPGI) provides financial information, analytics, benchmarks and credit ratings to businesses, governments and investors worldwide. Its services are used to evaluate credit risk, analyze markets, value assets, assess commodities and support investment and business decisions.

The company operates through businesses that include S&P Global Ratings, which provides credit ratings and related research; S&P Global Market Intelligence, which delivers financial and industry data, analytics and workflow tools; S&P Global Commodity Insights, which supplies information and pricing assessments for energy and commodity markets; and S&P Dow Jones Indices, which develops and maintains market indexes such as the S&P 500.