S&P Global Inc. (SPGI) Soars 3.26% on Strong Q4 Earnings

On April 8, 2025, S&P Global's stock surged by 3.26% in pre-market trading, reflecting a strong start to the day's trading session.

In March 2025, the s&p global US Manufacturing PMI stood at 50.2, slightly above the preliminary estimate of 49.8 but below February's final value of 52.7. This indicates a modest improvement in business conditions, marking the weakest expansion so far this year. Production levels declined for the first time since December 2024, following a robust increase in February driven by efforts to preemptively address tariffs. New orders saw a slight increase, while employment remained stagnant after four consecutive months of growth. Input cost inflation reached its highest level since August 2022, and output price inflation accelerated to a 25-month high. Business confidence hit its lowest point since December 2024, pressured by uncertainties surrounding federal government policies.

S&P Global Inc. demonstrated robust financial performance in Q4 2024, with a 14% increase in revenue and a 20% rise in adjusted earnings. The company's strong liquidity position supports its commitment to shareholders, maintaining a quarterly dividend of $0.96 per share and extending a 53-year streak of dividend growth. This financial strength, coupled with over 75% of income derived from recurring sources, solidifies SPGI's position among the prestigious dividend kings. Analysts anticipate significant upside potential, with price targets suggesting a 34.84% increase from current levels. The consensus among brokerage firms indicates an "Outperform" status for spgi, with an average brokerage recommendation of 1.7 on a scale where 1 represents a Strong Buy and 5 a Sell. GuruFocus estimates project an upside potential of 19.63% from the current price, reflecting the fair value of the stock based on historical multiples, past business growth, and future performance forecasts.