Data News > S&P Global: Undervalued Investment Opportunity

S&P Global: Undervalued Investment Opportunity

By KlickAnalytics Data Insights  |   November 29, 2024 10:00AM ET

Key Points

- S&P Global's forward P/E is 31x with a 20% YTD performance
- Ratings segment grew 36% YoY in Q3 2024
- Corporate debt maturity trends project growth in Ratings segment
- Zeta Global Holdings Corp. faces pending class action lawsuit
- Arrow Global partners with SEI for strategic growth

S&P Global, a leading financial information and analytics provider, is currently seen as an undervalued investment opportunity with a forward price-to-earnings (P/E) ratio of 31x and a strong 20% year-to-date (YTD) performance. The company's Ratings segment, which makes up one-third of its revenue, experienced impressive growth of 36% year over year in the third quarter of 2024, contributing to increased profitability and earnings per share (EPS).

Furthermore, with corporate debt maturing trends indicating that $7.3 trillion is set to reach maturity by 2026, there is a positive outlook for continued growth in S&P Global's Ratings segment. This trend is expected to bolster the company's financial performance and potentially drive further stock price appreciation.

In related news, shareholders of Zeta Global Holdings Corp. have been reminded of an upcoming lead plaintiff deadline of January 21, 2025, in a class action lawsuit. Investors who have suffered losses on their Zeta Global Holdings Corp. investment are encouraged to explore potential recovery options under federal securities laws. The lawsuit stems from concerns surrounding the company's financial performance and profitability improvements.

Arrow Global, a prominent European alternative asset manager specializing in private credit and real estate, announced its strategic partnership with SEI, a leading global provider of financial services. SEI will support Arrow Global's private credit fund domiciled in Luxembourg by providing fund administration, loan operations, and investor services. This collaboration is expected to enhance Arrow Global's services and facilitate business transformation for private credit funds.

Additionally, CI Global Asset Management has disclosed estimated annual reinvested capital gains distributions for the 2024 tax year for its CI ETFs. This announcement provides investors with valuable information regarding potential capital gains distributions and tax implications associated with their ETF investments.

In the same vein, the Clough Global Dividend and Income Fund, Clough Global Equity Fund, and Clough Global Opportunities Fund have all issued Section 19(a) notices detailing monthly distributions to shareholders. These disclosures outline the estimated sources of distribution and are intended to provide transparency to investors regarding the funds' financial activities.

Despite Zeta Global's revenue showing promising growth, concerns remain among investors regarding the company's profitability. This has led to a dip in the stock price, prompting the question of whether it presents a buying opportunity for investors seeking to capitalize on potential future performance improvements.

Overall, the financial landscape presents a diverse array of opportunities and challenges for investors, from undervalued stocks like S&P Global to legal uncertainties surrounding companies like Zeta Global Holdings Corp. and strategic partnerships like Arrow Global's collaboration with SEI. Staying informed and conducting thorough research remain crucial for navigating the ever-evolving world of investments.

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  • Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.