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S&P Global (SPGI) Stock Looks Slightly Overvalued After Its 18% Fall
Simply Wall St.6d agobearish
S&P Global (SPGI) Stock Looks Slightly Overvalued After Its 18% Fall

S&P Global stock has fallen 18.1% year to date, yet the current checks suggest it is neither a clear bargain nor obviously mispriced. The intrinsic value estimate from the Excess Returns model points to roughly fair value, while market multiples lean expensive. The share price decline of 18.1% year to date may already reflect some of the concern around the business, even as investors reassess what a reasonable valuation looks like. Recent moves to expand in emerging markets and data...

S&P sounds 2008-era alarm on factory layoffs
TheStreet41d agobearish
S&P sounds 2008-era alarm on factory layoffs

A new S&P Global report just flashed a 2008-era warning inside arguably the most important parts of the U.S. economy. For perspective, factory activity expanded in June, and the manufacturing PMI came in stronger than expected by economists. However, underneath that better-than-expected ...