Latest news with #SPGI
Yahoo
2 days ago
- Business
- Yahoo
S&P Global (SPGI) Joins Seven Founding Dividend Aristocrats with Decade-Long 10x Returns
S&P Global Inc. (NYSE:SPGI) is included among the 11 Best Dividend Aristocrat Stocks to Invest in Now. A group of analysts studying data on a large monitor. S&P Global Inc. (NYSE:SPGI) is among the select companies that have delivered a total return of at least 10 times since the inception of the S&P Dividend Aristocrats Index. Over that period, the company achieved a cumulative return of 1,546%, with a compound annual growth rate of 15.2%. Originally known as McGraw-Hill, the company adopted the name S&P Global Inc. (NYSE:SPGI) in 2016. According to the S&P Dow Jones Indices website, the company's roots trace back to 1860, when Henry Varnum Poor published History of the Railroads and Canals of the United States, a pioneering effort to provide market data for participants in the growing US railroad industry. S&P Global Inc. (NYSE:SPGI) is a solid dividend payer, offering a quarterly dividend of $0.96 per share. It is one of the best dividend aristocrat stocks, as its dividend growth spans over 53 years. As of June 27, the stock has a dividend yield of 0.74%. While we acknowledge the potential of SPGI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Why S&P Global Has a Durable Business Model
S&P Global Inc. (NYSE:SPGI) is one of the Best Wide Moat Dividend Stocks to Invest in. A group of analysts studying data on a large monitor. The company operates in a space closely tied to the expansion of financial markets. As global debt levels rise and financial systems become more complex, the need for credit ratings and financial analytics continues to grow. This allows the company to benefit from long-term economic trends, including the increasing use of artificial intelligence and the evolving structure of global finance. Entering the credit rating business is extremely challenging due to strict regulations, which create a strong barrier for new competitors. S&P Global Inc. (NYSE:SPGI)'s strong financial track record reflects the quality of its business. The company has increased its annual dividend for 53 years in a row, highlighting its steady profitability and dedication to rewarding shareholders. Even during tough times like the 2008 financial crisis, the company proved its ability to perform reliably. Currently, it offers a quarterly dividend of $0.96 per share and has a dividend yield of 0.73%, as of June 24. While we acknowledge the potential of SPGI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None.
Yahoo
16-06-2025
- Business
- Yahoo
ABM Stock Price Decreases 12% Since Reporting Q2 Earnings Miss
ABM ABM reported mixed second-quarter fiscal 2025 results. Earnings per share (EPS) missed the Zacks Consensus Estimate, while revenues beat the same. Dismal earnings results and weak EPS guidance disappointed investors, as the ABM stock has declined 12.3% since the release of results on June 6. For fiscal 2025, ABM expects an adjusted EPS of $3.65-$3.80. The mid-point of the guided range ($3.73) is lower than the Zacks Consensus Estimate of $3.74. ABM's EPS (excluding 19 cents from non-recurring items) was 86 cents, which missed the Zacks Consensus Estimate by 1.2% and declined 1.2% year over year. Total revenues of $2.1 billion surpassed the consensus mark by 2.2% and increased 4.6% from the year-ago quarter. The company's shares have declined 5.3% in the past three months against the12.2% rally of the industry and the 5.5% rise of the Zacks S&P 500 composite. ABM Industries Incorporated price-consensus-eps-surprise-chart | ABM Industries Incorporated Quote The Business & Industry segment's revenues gained 2.6% on a year-over-year basis to $1 billion and met our estimate. Healthy office leasing activity aided this segment's growth. The Manufacturing & Distribution segment's revenues increased 2.4% from the year-ago quarter to $398.1 million, missing our estimation of $369.6 million. Strong industrial activity, new business pipeline and expansion efforts have been benefiting this segment's growth. The aviation segment's revenues increased 9.2% from the year-ago quarter to $260.1 million, missing our estimate of $253.2 million. Robust domestic air travel led to the aviation segment's growth. The education segment's revenues were $227.8 million, a marginal rise from the year-ago quarter. It missed our estimate of $228.3 million. The marginal rise in this segment's revenues is facilitated by the continued focus on large school districts and universities. Technical solutions gained 19.3% from second-quarter fiscal 2024 to $210.2 million. The metric missed our estimate of $214.5 million. Multiple factors, including strong microgrid business, $700 in total segment backlog and high demand in data centers, led to this segment's improvement. Adjusted EBITDA was $125.9 million, up 4% from the year-ago quarter. The adjusted EBITDA margin was 6.2%, flat with second-quarter fiscal 2024. The company exited second-quarter fiscal 2025 with cash and cash equivalents of $58.7 million compared with $59 million at the end of the preceding quarter. The long-term debt (net) was $1.5 billion flat with the first quarter of fiscal 2025. Net cash utilized by operating activities was $32.3 million for the quarter. The free cash flow was $15.2 million. ABM currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. S&P Global Inc. SPGI reported impressive first-quarter 2025 results. SPGI's adjusted EPS of $4.37 surpassed the Zacks Consensus Estimate by 3.6% and gained 9% year over year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Revenues of $3.8 billion beat the consensus estimate by 2% and grew 8.3% year over year. Verisk VRSK posted impressive first-quarter fiscal 2025 results. VRSK's adjusted earnings were $1.73 per share, surpassing the Zacks Consensus Estimate by 3.6% and increasing 6.1% from the year-ago quarter. Total revenues of $753 million beat the consensus estimate marginally and increased 7% on a year-over-year basis. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ABM Industries Incorporated (ABM) : Free Stock Analysis Report Verisk Analytics, Inc. (VRSK) : Free Stock Analysis Report S&P Global Inc. (SPGI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
03-06-2025
- Business
- Yahoo
U.S. tariffs slowed down China's manufacturing in May
A new survey of Chinese manufacturers released Tuesday showed factory activity shrank in May, dropping to the lowest level in nearly three years after a barrage of tariffs from the Trump administration dented the sector. The data from Caixin Media Co. and S&P Global (SPGI) said the Caixin/S&P Global manufacturing purchasing managers' index slipped to 48.3 last month from 50.4 in April. 'Overall, in May, manufacturing supply and demand declined, dragged by overseas demand,' Wang Zhe, a Caixin Media Group economist, said in the report. It was the lowest recorded reading since September 2022. The Caixin PMI is used to measure Chinese manufacturing activity, and the 50-mark designates the border between expansion and contraction. The decline was the result of a sharp reduction in new manufacturing orders, per the Caixin report. Chinese factory output also fell for the first time in 19 months, breaking a prolonged stretch of growth. A positive indicator in the report was a slight improvement in business optimism, as Chinese companies expressed confidence that trade tensions between the U.S. and China will cool in the near future. They also showed optimism in their ability to secure new markets for exports. President Donald Trump initially imposed triple-digit levies on China in April, and scaled it back a month later to 30% after a preliminary agreement to continue talks towards a bigger trade deal was secured. China maintains a 10% tariff on U.S. products. Those negotiations appear to be stuck in neutral at the moment, and both countries have accused one another of violating the early accord. White House Press Secretary Karoline Leavitt said on Monday that it was likely that Trump and Chinese President Xi Jinping would speak this week. Meanwhile, the Organization for Economic Cooperation and Development said in another report released Tuesday that Trump's sweeping import taxes are boomeranging to damage the U.S. economy. The group projected U.S. GDP growth to reach 1.6% in 2025, a sharp decrease from its original projection of 2.2%. For the latest news, Facebook, Twitter and Instagram.
Yahoo
29-05-2025
- Business
- Yahoo
S&P Global Expands Databricks Partnership, Adds Capital IQ Pro Datasets for Enhanced Analytics
On Wednesday, S&P Global Inc. (NYSE:SPGI) announced an expanded collaboration with Databricks by adding several S&P Capital IQ Pro datasets to Databricks via Delta Sharing. The enhancement enables users to directly access and query a range of additional S&P Global datasets, such as financials, estimates, filings, transcripts, transactions, and sustainability data, without requiring data ingestion. A group of analysts studying data on a large monitor. The datasets are valuable for investment management, risk assessment, and competitive intelligence. Delta Sharing is Databricks' open-source protocol that facilitates the secure sharing of live data across various platforms, clouds, and regions. The technology minimizes data duplication and latency issues, and ensures that investment, risk, and strategy teams can always work with the most current data within their existing Databricks environment. S&P Global's previous collaborations with Databricks included the integration of energy and commodities datasets from its Commodity Insights division and the development of the S&P Global Capital IQ Workbench, which is a collaborative analytics notebook environment. S&P Global plans to continue adding more datasets to Databricks Delta Sharing, which will be accessible through both the S&P Global Marketplace and Databricks Marketplace. Warren Breakstone, Head of Data & Research at S&P Global Market Intelligence, emphasized the importance of meeting clients where they are in today's dynamic market. He highlighted that the expanded relationship with Databricks will provide more seamless access and efficient querying. S&P Global Inc. (NYSE: SPGI) provides credit ratings, benchmarks, analytics, and workflow solutions across the global capital, commodity, and automotive markets. Whereas Databricks is a data and AI company While we acknowledge the potential of SPGI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SPGI and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
