S&P Global Ready to Capitalize on Information Demand

The company is growing through acquisitions in an effort to keep up with the rising demand for news, information, and analytics. With financial performance data at a premium, SPGI is looking to be a leader on that front.

Speaking of financial performance, the company is going to announce earnings at the end of July. Its 2024 and 2025 revenue figures are expected to increase 7.7% and 7.8%, respectively, on a year-over-year basis. Also, SPGI’s consensus earnings expectations are for growth of 12.4% in 2024 and 12.7% in 2025.

It’s no wonder SPGI shares are up 10% this year – and they could rise more. MAPsignals data shows how a rare bullish signal reflects Big Money investors are betting heavily on the forward picture of the stock.

Big Money Loves S&P Global Shares

Institutional volumes reveal plenty. In the last year, SPGI has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in SPGI shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with S&P Global.

S&P Global Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, SPGI has strong sales growth and profits:

• 3-year sales growth rate (+19.3%)
• Profit margin (+21%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +12.9%.

Now it makes sense why the stock has been powering to new heights. SPGI has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

S&P Global has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report multiple times in the last decade, with more potentially on the horizon. The blue bars below show when SPGI was a top pick…driving share gains over time:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

S&P Global Price Prediction

The SPGI rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in SPGI at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.