We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
S&P Global to Benefit From 451 Research Buyout: Here's How
Read MoreHide Full Article
S&P Global Inc. (SPGI - Free Report) has completed the acquisition of 451 Research, LLC, a privately held information technology research and advisory firm. The deal was announced, signed and closed on Dec 6. Financial terms have been kept under wraps.
So far this year, shares of S&P Global have gained 60.1%, ahead of the 44.8% growth of the industry it belongs to and 24.3% rally of the Zacks S&P 500 composite.
EmergingTechnologies in Focus
451 Research is a provider of intelligence, expertise and data covering high-growth emerging technology segments. It will operate under the company’s Market Intelligence division.
The acquisition brings in 451 Research’s differentiated expertise and intelligence with comprehensive offerings in technologies such as AI, IoT, Information Security, Data Centers, Cloud and DevOps. These features should enhance Market Intelligence's emerging technology expertise and offerings, and strengthen its research coverage.
Considering the significance and role of emerging technologies in shaping businesses, the deal seems to be a strategic move on S&P Global’s part to strengthen its top- and bottom-line growth by adding advanced technology and data sets through acquisitions.
Martina Cheung, president of S&P Global Market Intelligence, stated, "451 Research's comprehensive expertise in critical disruptive technologies will enable S&P Global Market Intelligence to further expand our sector relevant and differentiated data offerings while strengthening our ability to help our customers understand the digital transformation that's impacting the market today."
Notably, Market Intelligence revenues increased 5% year over year to $488 million in third-quarter 2019.
Zacks Rank & Other Stocks to Consider
Currently, S&P Global carries a Zacks Rank #2 (Buy).
Long-term expected EPS (three to five years) growth rate for Global Payments, Cardtronics and FactSet Research Systems is 17%, 4% and 9%, respectively.
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through Q3 2019, while the S&P 500 gained +39.6%, five of our strategies returned +51.8%, +57.5%, +96.9%, +119.0%, and even +158.9%.
This outperformance has not just been a recent phenomenon. From 2000 – Q3 2019, while the S&P averaged +5.6% per year, our top strategies averaged up to +54.1% per year.
Image: Bigstock
S&P Global to Benefit From 451 Research Buyout: Here's How
S&P Global Inc. (SPGI - Free Report) has completed the acquisition of 451 Research, LLC, a privately held information technology research and advisory firm. The deal was announced, signed and closed on Dec 6. Financial terms have been kept under wraps.
So far this year, shares of S&P Global have gained 60.1%, ahead of the 44.8% growth of the industry it belongs to and 24.3% rally of the Zacks S&P 500 composite.
EmergingTechnologies in Focus
451 Research is a provider of intelligence, expertise and data covering high-growth emerging technology segments. It will operate under the company’s Market Intelligence division.
The acquisition brings in 451 Research’s differentiated expertise and intelligence with comprehensive offerings in technologies such as AI, IoT, Information Security, Data Centers, Cloud and DevOps. These features should enhance Market Intelligence's emerging technology expertise and offerings, and strengthen its research coverage.
Considering the significance and role of emerging technologies in shaping businesses, the deal seems to be a strategic move on S&P Global’s part to strengthen its top- and bottom-line growth by adding advanced technology and data sets through acquisitions.
Martina Cheung, president of S&P Global Market Intelligence, stated, "451 Research's comprehensive expertise in critical disruptive technologies will enable S&P Global Market Intelligence to further expand our sector relevant and differentiated data offerings while strengthening our ability to help our customers understand the digital transformation that's impacting the market today."
Notably, Market Intelligence revenues increased 5% year over year to $488 million in third-quarter 2019.
Zacks Rank & Other Stocks to Consider
Currently, S&P Global carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the broader Zacks Business Services sector are Global Payments (GPN - Free Report) , Cardtronics and FactSet Research Systems (FDS - Free Report) . While Global Payments and Cardtronics sport a Zacks Rank #1 (Strong Buy), FactSet Research Systems carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term expected EPS (three to five years) growth rate for Global Payments, Cardtronics and FactSet Research Systems is 17%, 4% and 9%, respectively.
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through Q3 2019, while the S&P 500 gained +39.6%, five of our strategies returned +51.8%, +57.5%, +96.9%, +119.0%, and even +158.9%.
This outperformance has not just been a recent phenomenon. From 2000 – Q3 2019, while the S&P averaged +5.6% per year, our top strategies averaged up to +54.1% per year.
See their latest picks free >>