S&P Global Inc. NYSE: SPGI informacje i analizy finansowe, ratingi, indeksy Standard & Poor's, S&P

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Oppenheimer raised its price targets for S&P Global (NYSE:SPGI) and Moody's (NYSE:MCO) ahead of their Q2/23 earnings. According to the analysts, strong issuance in Q2 is expected to provide upside to EPS estimates for both companies, based on their proprietary issuance tracker.

S&P Global’s price target was raised to $425.00 from $406.00, while Moody's price target was raised to $362.00 from $349.00. Outperform rating was reiterated for both companies.

Despite weak April issuance, improved May and June issuance is anticipated to support a recovery trend. “We had previously expected that SPGI/MCO's Ratings revenues would deliver low- to mid-single-digit growth in 2Q, but currently estimate that growth could be high-single-digit, above the down 1% that consensus expects,” said Oppenheimer.

Furthermore, despite the Federal Reserve's indication of potential rate hikes this year, the equity markets experienced a quarter-over-quarter increase of approximately 7% in Q2. This upward trend in the markets provides an additional boost to S&P Global’s earnings.

“That said, SPGI and MCO are up 17% and 22% YTD, respectively. We would be opportunistic in the near term and wait for pullbacks, but remain confident in the long-term prospects for both,” added Oppenheimer.

TAGI oppenheimer oppenheimera oppenheimers oppena oppens

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S&P Global (NYSE:SPGI) fell more than 7% failing to impress on the earnings stage as financial information and analytics firm reported quarterly earnings that missed analyst estimates.

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S&P Global misses profit estimates as Commodity Insights, Indices units struggle (July 27)

(Reuters) - (This July 27 story has been corrected to remove reference to 'demand for data on valuations, benchmarks & energy markets prices wilting away' in paragraph 4, & reference to Market Intelligence unit's revenue share in paragraph 6)

S&P Global (NYSE:SPGI) Inc missed profit estimates for the second quarter on Thursday, as weakness in rating agency's Commodity Insights and Indices units offset gains from its market intelligence business.

Shares of the company fell more than 6% in premarket trading on Thursday.

On an adjusted basis, its profit of $3.12 per share missed analysts' average estimate of $3.14 per share, as per Refinitiv IBES data.

Growth in revenues from the company's Commodity Insights and Indices segments could not meet Street expectations.

However, credit rating agencies have seen strong market for analytics solutions as historically high borrowing cost spurred demand for their products to assess the risk of corporate defaults.

S&P's Market Intelligence segment posted a 5% rise in sales, taking the firm's total revenue up 4% to $3.1 billion in the quarter through June.

S&P Global, which provides essential market intelligence to governments, corporates and institutional investors, completed the divestiture of its Engineering Solutions unit to global investment firm KKR Inc in May.

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S&P Global Inc. (NYSE: SPGI) odnotował w czwartek dalszy spadek wartości swoich akcji, co oznacza trzeci dzień z rzędu strat dla firmy. Akcje zamknęły się na poziomie 372,31 USD, odnotowując spadek o 3,61% w porównaniu z poprzednim dniem handlowym. To spowolnienie jest częścią szerszego trendu na rynku akcji, ponieważ zarówno Indeks S&P 500 i Dow Jones Industrial Average poniósł również straty w wysokości odpowiednio 1,64% i 1,08%.

Obecna cena akcji S&P Global Inc. wynosi obecnie 56,34 USD poniżej 52-tygodniowego maksimum na poziomie 428,65 USD, osiągniętego 26 lipca 2023 r. Ten ciągły spadek zaobserwowano pomimo szerszych warunków rynkowych i wyników porównywalnych firm z branży.

W czwartek wyniki S&P Global Inc. były nieco słabe w porównaniu z innymi firmami z branży. Moody's (NYSE:MCO) Corp., inny kluczowy gracz w tej samej branży, również odnotował spadek wartości swoich akcji, ale o nieco mniejszą marżę wynoszącą 3,45%, zamykając się na poziomie 324,27 USD.

Dodając do obaw o S&P Global Inc., wolumen obrotu był niższy niż zwykle w czwartek, z zaledwie 1,1 mln akcji w obrocie. Liczba ta jest o około 108 874 mniejsza niż 50-dniowy średni wolumen obrotu spółki wynoszący 1,2 miliona akcji, co wskazuje na potencjalny brak zainteresowania inwestorów lub zaufania do obecnych perspektyw spółki.