Core Viewpoint - S&P Global (SPGI) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system reflects changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for S&P Global suggest an improvement in the company's underlying business, likely leading to increased stock prices [5][8]. Zacks Rating System - The Zacks Rank stock-rating system categorizes stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7][9]. - The upgrade of S&P Global to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10]. Earnings Estimate Revisions - For the fiscal year ending December 2025, S&P Global is expected to earn $17.07 per share, reflecting a year-over-year increase of 8.7% [8]. - Over the past three months, the Zacks Consensus Estimate for S&P Global has increased by 3.3%, indicating a positive trend in earnings expectations [8].
What Makes S&P Global (SPGI) a New Buy Stock