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Is S&P Global (SPGI) Stock Outpacing Its Business Services Peers This Year?
SPGIS&P Global(SPGI) ZACKS·2024-07-18 14:40

Group 1: Company Performance - S&P Global (SPGI) has returned approximately 11.2% since the beginning of the calendar year, outperforming the Business Services sector, which has returned an average of 5.7% year-to-date [2] - The Zacks Consensus Estimate for SPGI's full-year earnings has increased by 0.9% over the past 90 days, indicating improving analyst sentiment and a more positive earnings outlook [5] - S&P Global currently holds a Zacks Rank of 2 (Buy), suggesting a favorable position in terms of earnings estimates and revisions [7] Group 2: Industry Context - S&P Global is part of the Business - Information Services industry, which consists of 10 individual stocks and currently ranks 187 in the Zacks Industry Rank, with an average gain of 9.4% this year [10] - In contrast, ABM Industries, another stock in the Business Services sector, has returned 19.9% year-to-date, indicating strong performance within the sector [8] - The Building Products - Maintenance Service industry, which includes ABM Industries, has seen a year-to-date increase of 14.2% [3]