SPGI
US S&P Global PMI expected to show steady business growth in July
Article Summary
HOLD- S&P Global (NYSE: SGP) is expected to report steady business growth as both manufacturing and services PMIs for the U.S. are expected to rise slightly in July, with both Manufacturing and Services expected to remain above 50, supported by rising oil prices.
- Analysts expect manufacturing to rebound slightly to 54.5 and services to remain steady at 51.5, while both prints should remain in expansion territory above 50.
- However, concerns remain about rising input costs, which could influence market volatility if businesses consider raising prices due to inflation pressures.
- The CME FedWatch Tool shows markets pricing in an 80% probability of a 25-basis-point rate hike by September, though analysts warn that the data may not fully capture geopolitical and commodity-market developments.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 8.5% | 25% | 35.0 ptsBelow Screener (8.5%) - Weak growth |
| EPS Growth Next 5Y ? | 11.7% | 25% | 35.0 ptsBelow Screener (11.7%) - Modest outlook |
| Target Price Upside ? | 21.5% | 20% | 70.0 ptsGood Upside (21.5%) - Target: $516.96 vs Current: $425.39 |
| Gross Margin % ? | 62.9% | 15% | 80.0 ptsVery Healthy (62.9%) - High-quality margins |
| Drawdown from 52-Wk High ? | -22.3% | 15% | 40.0 ptsMild Pullback (-22.3%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About SPGI
- S&P Global Inc., together with its subsidiaries, provides benchmarks, data, analytics, and workflow solutions in the global capital, energy and commodity, and automotive markets.
- It operates through four segments: S&P Global Market Intelligence, S&P Global Ratings, S&P Global Energy, and S&P Dow Jones Indices.
- The S&P Global Market Intelligence segment provides multi-asset-class data and analytics integrated with purpose-built workflow solutions.
- This segment offers Data, Analytics & Insights, a desktop product suite that provides data, analytics, and third-party research for global finance and corporate professionals; research, reference data, market data, derived analytics, and valuation services; enterprise solutions, such as software and workflow solutions; and credit and risk solutions for selling Ratings' credit ratings and related data and research, analytics, and financial risk solutions.
- The S&P Global Ratings segment operates as an independent provider of credit ratings, research, and analytics offering investors information and independent benchmarks for their investment and financial decisions as well as access to the capital markets.
- The S&P Global Energy segment provides information and benchmark prices for the energy and commodity markets.
- The S&P Dow Jones Indices segment operates as an index provider that maintains various valuation and index benchmarks for investment advisors, wealth managers, and institutional investors.
- It has operations in the United States, European region, Asia, and internationally.
- S&P Global Inc. was founded in 1860 and is headquartered in New York, New York.