Company Update: McGraw Hill Financial Inc (NYSE:MHFI) – McGraw Hill Financial Changes Name to S&P Global Inc.

[PR Newswire] – NEW YORK, April 27, 2016 /PRNewswire/ — McGraw Hill Financial (NYSE: MHFI) was rebranded S&P Global today, following a shareholder vote at its Annual Shareholders Meeting. Tomorrow, President and Chief … Read more on this. McGraw Hill Financial, Inc. (MHFI) , currently valued at $28.65B, started the session at $106.90. During today’s session, MHFI traded between $106.32 to $108.24 and has traded between $78.55 and $108.24 over the past 12 months. Priced at 21.14x this year’s forecasted earnings, MHFI shares are relatively expensive compared to the industry’s 15.09x forward p/e ratio. And for passive income investors, the company pays shareholders $1.44 per share annually in dividends, yielding 1.39%. In a review of the consensus earnings estimate this quarter, 13 sell-side analysts are looking at $1.31 per share, which would be $0.10 better than the year-ago quarter and a $0.04 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $5.05 would be a $0.52 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $1.43 Billion. If realized, that would be a 6.72% increase over the year-ago quarter. In terms of ratings, Cantor Fitzgerald Initiated MHFI at Buy (Nov 10, 2015). Previously, The Benchmark Company downgraded MHFI from Buy to Hold. When considering if the stock is under or overvalued, the average price target is $112.60, which is 5.33% above where the stock opened this morning. See more in (NYSE:MHFI) Similar Articles: Market Update: McGraw Hill Financial Inc (NYSE:MHFI) – McGraw Hill Financial Reports First Quarter Results Company Update: McGraw Hill Financial Inc (NYSE:MHFI) – XIO Group to Acquire J.D. Power from McGraw Hill Financial for $1.1 Billion Stock Update: McGraw Hill Financial Inc (NYSE:MHFI) – McGraw Hill Financial Increases Dividend 9%