S&P Global Inc

S&P Global Inc

SPGI

Market Cap$159.42B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
S&P Global IncS&P Global Inc450.71%10%11.70.4

Earnings Call Q3 2024

October 24, 2024 - AI Summary

**Strong Financial Performance**: S&P Global reported a 16% year-over-year increase in total revenue, reaching $3.6 billion in Q3 2024, marking the third consecutive quarter of accelerating revenue growth. Adjusted diluted EPS grew by 21% to $3.89, driven by strong results in their ratings division where transaction revenue grew over 80%.
**Increased Guidance for 2024**: The company raised its full-year revenue growth forecast to 11.5% to 12.5%, and adjusted diluted EPS expectations to a range of $15.10 to $15.30, reflecting improved financial results and strong market conditions. They expect total billed issuance to rise approximately 50% year-over-year.
**Challenges in Market Intelligence Division**: The Market Intelligence segment faced headwinds, with retention rates declining due to elongated sales cycles and increased price sensitivity among financial services customers. Cancellations from smaller customers impacted expected retention rates, causing tighter guidance for revenue growth at 6% to 6.5%.

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$579.50

Target Price by Analysts

12.8% upsideS&P Global Target Price DetailsTarget Price
$322.69

Current Fair Value

37.2% downside

Overvalued by 37.2% based on the discounted cash flow analysis.

Share Statistics

Market cap$159.42 Billion
Enterprise Value$172.94 Billion
Dividend Yield$3.64 (0.7085158150851579%)
Earnings per Share$8.25
Beta1.18
Outstanding Shares311,200,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio45.01
PEG145.84
Price to Sales11.68
Price to Book Ratio4.18
Enterprise Value to Revenue12.56
Enterprise Value to EBIT33.07
Enterprise Value to Net Income48
Total Debt to Enterprise0.09
Debt to Equity0.45

Revenue Sources

No data

Insider Trades

ESG Score

No data

About S&P Global Inc

CEO: Douglas Peterson