Currently, Spire Inc. [SR] is trading at $62.05, up 1.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SR shares have gain 6.65% over the last week, with a monthly amount glided 3.66%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Spire Inc. [NYSE: SR] stock has seen the most recent analyst activity on April 12, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $68. Previously, Mizuho upgraded its rating to Buy on September 29, 2023, and dropped its price target to $66. On February 07, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $75 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $61 on December 12, 2022. JP Morgan downgraded its rating to a Neutral but $69 remained the price target by the analyst firm on December 05, 2022. JP Morgan upgraded its rating to Overweight for this stock on September 09, 2022, and upped its price target to $78. In a note dated April 18, 2022, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $61 to $79.
This stock has fluctuated between a low of $53.77 and a high of $70.24 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $70.83 within the next 12 months. Spire Inc. [NYSE: SR] shares were valued at $62.05 at the most recent close of the market. An investor can expect a potential return of 14.15% based on the average SR price forecast.
Analyzing the SR fundamentals
Trailing Twelve Months sales for Spire Inc. [NYSE:SR] were 2.61B which represents -7.05% decline. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.07 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.56.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 60.95 points at the first support level, and at 59.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.65, and for the 2nd resistance point, it is at 63.24.
Spire Inc. [SR] reported earnings per share of $1.47 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.35/share, meaning a difference of $0.12 and a surprise factor of 8.90%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were -$0.78 per share as compared to estimates of -$0.63 per share, a difference of -$0.15 representing a surprise of -23.80%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Spire Inc. [NYSE:SR] is 0.55. Also, the Quick Ratio is 0.43, while the Cash Ratio stands at 0.0. Considering the valuation of this stock, the price to sales ratio is 1.31, the price to book ratio is 1.21 and price to earnings (TTM) ratio is 16.75.
Transactions by insiders
Recent insider trading involved Woodard Adam W., Treasurer, that happened on Mar 15 ’24 when 1229.0 shares were sold. President, AL & MS, Hampton Joseph B. completed a deal on Feb 07 ’24 to sell 1294.0 shares. Meanwhile, Director KOONCE PAUL D bought 425.0 shares on Feb 05 ’24.
