Media stories about IHS Markit (NASDAQ:INFO) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. IHS Markit earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 45.7185098679372 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s rankings:
- IHS Markit (INFO) to Release Earnings on Tuesday (americanbankingnews.com)
- Overwhelming Stocks: Bristol-Myers Squibb Company, (NYSE: BMY), IHS Markit Ltd., (NASDAQ: INFO) – StocksNewsPro (press release) (stocksnewspro.com)
- IHS Markit White Paper identifies eight global solar and energy storage market trends to watch – pv magazine Australia (pv-magazine-australia.com)
- Charming Stocks: IHS Markit Ltd., (NASDAQ: INFO), Petroleo Brasileiro SA – Petrobras, (NYSE: PBR); – TNN (tradingnewsnow.com)
- Technical Indicators under Review – IHS Markit Ltd., (NASDAQ: INFO) – Stock Watch (stocksnewstimes.com)
A number of research analysts have issued reports on INFO shares. BidaskClub raised shares of IHS Markit from a “buy” rating to a “strong-buy” rating in a report on Tuesday, March 13th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $55.00 price target on shares of IHS Markit in a report on Friday, January 19th. SunTrust Banks raised shares of IHS Markit from a “hold” rating to a “buy” rating in a report on Tuesday, November 28th. Zacks Investment Research cut shares of IHS Markit from a “buy” rating to a “hold” rating in a report on Tuesday, March 13th. Finally, BMO Capital Markets reissued a “buy” rating and set a $52.00 target price on shares of IHS Markit in a report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. IHS Markit currently has a consensus rating of “Buy” and an average price target of $49.43.
Shares of IHS Markit (INFO) traded up $0.40 during trading on Tuesday, hitting $49.10. 2,229,209 shares of the company traded hands, compared to its average volume of 2,175,202. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.45. IHS Markit has a 12-month low of $37.82 and a 12-month high of $49.49. The stock has a market capitalization of $19,487.26, a PE ratio of 48.61, a PEG ratio of 2.27 and a beta of 0.82.
IHS Markit (NASDAQ:INFO) last issued its earnings results on Tuesday, January 16th. The business services provider reported $0.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.10. IHS Markit had a net margin of 11.58% and a return on equity of 8.98%. The firm had revenue of $944.70 million during the quarter, compared to analysts’ expectations of $912.65 million. During the same quarter last year, the company posted $0.48 earnings per share. The firm’s revenue was up 8.1% compared to the same quarter last year. analysts predict that IHS Markit will post 1.84 earnings per share for the current fiscal year.
In other IHS Markit news, Vice Chairman Daniel Yergin sold 66,871 shares of IHS Markit stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $47.46, for a total value of $3,173,697.66. Following the completion of the transaction, the insider now owns 338,776 shares of the company’s stock, valued at $16,078,308.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael M. Easton sold 12,167 shares of IHS Markit stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $47.46, for a total transaction of $577,445.82. The disclosure for this sale can be found here. Insiders sold 208,562 shares of company stock valued at $9,923,853 in the last ninety days. 2.68% of the stock is owned by corporate insiders.
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About IHS Markit
IHS Markit Ltd., formerly Markit Ltd., is a provider of critical information and analytics for the major industries, financial markets and governments. The Company operates through four segments: Resources, Transportation, Consolidated Markets & Solutions (CMS) and Financial Services. The Resources segment includes its energy and chemicals product offerings.
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