Spire Inc (NYSE: SR) is -0.65% lower on its value in year-to-date trading and has touched a low of $56.36 and a high of $73.64 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SR stock was last observed hovering at around $66.50 in the last trading session, with the day’s gains setting it 0.89%.
Currently trading at $67.39, the stock is -0.04% and -0.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.34 million and changing 1.34% at the moment leaves the stock 5.07% off its SMA200. SR registered 6.87% gain for a year compared to 6-month gain of 12.84%. The firm has a 50-day simple moving average (SMA 50) of $67.706 and a 200-day simple moving average (SMA200) of $64.1388.
The stock witnessed a -4.30% loss in the last 1 month and extending the period to 3 months gives it a 4.50%, and is -0.65% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.93% over the week and 2.06% over the month.
Spire Inc (SR) has around 3475 employees, a market worth around $3.90B and $2.59B in sales. Current P/E ratio is 15.66 and Fwd P/E is 13.71. Profit margin for the company is 9.09%. Distance from 52-week low is 19.57% and -8.49% from its 52-week high. The company has generated returns on investments over the last 12 months (3.37%).
The EPS is expected to grow by 9.01% this year
408.0 institutions hold shares in Spire Inc (SR), with institutional investors hold 91.93% of the company’s shares. The shares outstanding are 57.75M, and float is at 56.14M with Short Float at 3.06%. Institutions hold 89.44% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.39 million shares valued at $449.05 million. The investor’s holdings represent 13.2514 of the SR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.73 million shares valued at $348.24 million to account for 10.2765 of the shares outstanding. The other top investors are FULLER & THALER ASSET MANAGEMENT, INC. which holds 4.33 million shares representing 7.7567 and valued at over $262.85 million, while AMERICAN CENTURY COMPANIES INC holds 7.3583 of the shares totaling 4.11 million with a market value of $249.35 million.
Spire Inc (SR) Insider Activity
The most recent transaction is an insider sale by Hampton Joseph B., the company’s President, AL & MS. SEC filings show that Hampton Joseph B. sold 1,472 shares of the company’s common stock on Dec 13 ’24 at a price of $67.61 per share for a total of $99522.0. Following the sale, the insider now owns 5311.0 shares.
Spire Inc disclosed in a document filed with the SEC on Dec 13 ’24 that Woodard Adam W. (Treasurer) sold a total of 1,150 shares of the company’s common stock. The trade occurred on Dec 13 ’24 and was made at $67.47 per share for $77590.0. Following the transaction, the insider now directly holds 2587.0 shares of the SR stock.
Still, SEC filings show that on Dec 02 ’24, KOONCE PAUL D (Director) acquired 1,000 shares at an average price of $73.61 for $73610.0. The insider now directly holds 2,425 shares of Spire Inc (SR).
