SPGI Trading Volume Plummets 40.63% Landing at 104th Position Despite Bullish Earnings Outlook

On March 24, 2025, S&P Global Inc. (SPGI) experienced a significant decline in trading volume, with a total turnover of $768 million, marking a 40.63% decrease from the previous day. This placed SPGI at the 104th position in terms of trading volume for the day. Meanwhile, the broader market saw the S&P 500 index rise by 1.22%, extending its winning streak to four consecutive days and gaining 2.76% over the past four days.

Analysts have expressed growing optimism about SPGI's earnings prospects, leading to an upgrade in its Zacks Rank to a #2 (Buy). This positive outlook is further supported by SPGI's strong performance in the business services sector, where it ranks 31st out of 312 stocks evaluated by MarketBeat.

SPGI's financial health is robust, with a total return of 17.05% over the past 12 months, outperforming the S&P 500's 9.70% return. The company's growth strategy, as analyzed by Validea, indicates that SPGI is a large-cap growth stock in the Business Services industry. The stock has shown persistent accelerating earnings and sales growth, reasonable valuations, and low debt, earning a 69% rating based on Martin Zweig's Growth Investor model.

BMO Capital has raised its price target for SPGI to $590 from $576, reflecting confidence in the company's future performance. Additionally, Mizuho has initiated coverage on SPGI with an Outperform rating and a price target of $599, further bolstering investor sentiment.