[EDGAR] McGraw Hill Financial Inc (NYSE:MHFI)(TREND ANALYSIS) On May 26, 2015, McGraw Hill Financial, Inc. (the “Company”) entered into an indenture and a first supplemental indenture thereto (collectively, the “Indenture”) among the Company, Standard & Poor’s Financial Services LLC (the “Guarantor”) and U.S. Bank National Association, as trustee (the “Trustee”) pursuant to which the Company issued $700 million aggregate principal amount of its 4.00% Senior Notes due 2025 (the “Notes”). The Notes are fully and unconditionally guaranteed by the Guarantor on a senior unsecured basis (the “Guarantee” and, together with the Notes, the “Securities”).
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McGraw Hill Financial Inc (NYSE:MHFI) is currently trading 3.47% below its 52-week-high, 42.43% above its 52-week-low. The 1-year range for the stock is $73.96 – $109.13. McGraw Hill Financial Inc (MHFI) has a price to book ratio of 53.58 versus Services sector average of 2.63. MHFI stock price has outperformed the S&P 500 by 15.7%. The Commercial Services company is currently valued at $28.83 billion and its share price closed the last trading session at $105.34. The stock has a 50-day moving average of $105.21 and a 200-day moving average of $98.35.
McGraw Hill Financial Inc (MHFI) current short interest stands at 2.81 million shares. It has decreased by 7% from the same period of last month. Around 2% of the company’s shares, which are float, are short sold. With a 10-days average volume of 0.91 million shares, the number of days required to cover the short positions stand at 3.2 days.
MHFI reported last quarter earnings on April 28. The Commercial Services company announced earnings per share of $1.09 against a consensus Street estimate of $1, beating the average estimate by $0.09. This corresponds to an increase of $0.21 compared to the same quarter of the previous fiscal year.
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There are currently twelve analysts that cover MHFI stock. Of those twelve, eight have a Buy rating, four have a Hold rating. On a consensus basis this yields to an Overweight rating. The consensus target price stands at $117.25.
A recent analyst activity consisted of Morgan Stanley who initiated their coverage on the stock with Equal-weight rating on March 26. Morgan Stanley fixed their price target at $119. This corresponds to a 12.97% upside from the last closing price. On the date of report, the stock closed at $103.87.
Susquehanna initiated their coverage on the stock with Positive rating on February 18, and fixed their price target at $127. This corresponds to a 20.56% upside from the last closing price. On the date of report, the stock closed at $104.36.
Another research firm was Barclays who reiterated their Overweight stance on February 13. Barclays increased their price target on McGraw Hill Financial Inc from $110 to $120. This translates to a 13.92% upside from the last closing price. On the date of report, the stock closed at $101.55.
Company profile
McGraw Hill Financial Inc. provides clients with information regarding ratings, benchmarks, and analytics in the global capital and commodity markets.
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