INFO

IHS Markit Ltd

TMT


Presented:04/14/2020
Price:$66.61
Cap:$26.57B
Current Price:$20.27
Cap:$43.55B

Presented

Date04/14/2020
Price$66.61
Market Cap$26.57B
Ent Value$34.27B
P/E Ratio30.82x
Book Value$20.98
Div Yield0.26%
Shares O/S398.92M
Ave Daily Vol3,294,651
Short Int3.47%

Current

Price$20.27
Market Cap$43.55B
IHS Markit Ltd. engages in the provision of information, analytics, and solutions to customers in the business, finance, and government sectors. It operates through the following segments: Financial Services, Transportation, Resources, and Consolidated Markets and Solutions. The Financial Services segment consists of pricing and reference data, indices product portfolio, valuation, and research, sales, and trading activities. The Transportation segment pertains to automotive and maritime and trade products. The Resources segment includes upstream and downstream product offerings. The Consolidated Markets and Solutions segment offers product design; economics and country risk; and technology, media, and telecom portfolio. Its products are used by aerospace, agriculture, automotive, chemicals, construction, financial services, government and non-government organizations, and technology industries. The company was founded in 1959 and is headquartered in London, the United Kingdom.

Publicly traded companies mentioned herein: IHS Markit Ltd (INFO)

Highlights

The presenter is long shares of IHS Markit Ltd (INFO) based on the company’s recent guidance expectations through 2021. On the company’s Q1 2020 earnings call, management outlined three different scenarios with assumptions on macroeconomic and market-specific drivers that could impact INFO’s business for the remainder of the year and 2021. He takes comfort from the CEO’s pronouncement, which he stated with 95% confidence, that the company will still be able to generate double-digit percentage earnings growth in 2020 and 2021, even in a worst case scenario. Historically, INFO has traded between 25x - 30x earnings. Using the low-end of that range, the presenter sees 25%+ upside from the current price of ~$65.00/share within a year. 

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Idea Discussion

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