Spire Inc (NYSE: SR) is 6.55% higher on its value in year-to-date trading and has touched a low of $56.99 and a high of $73.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SR stock was last observed hovering at around $71.22 in the last trading session, with the day’s gains setting it 1.05%.
Currently trading at $72.27, the stock is 3.75% and 4.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing 1.47% at the moment leaves the stock 11.02% off its SMA200. SR registered 24.54% gain for a year compared to 6-month gain of 12.54%. The firm has a 50-day simple moving average (SMA 50) of $69.287 and a 200-day simple moving average (SMA200) of $65.04015.
The stock witnessed a 9.10% loss in the last 1 month and extending the period to 3 months gives it a 16.12%, and is 0.88% up 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 2.58% over the week and 2.32% over the month.
Spire Inc (SR) has around 3475 employees, a market worth around $4.18B and $2.51B in sales. Current P/E ratio is 17.51 and Fwd P/E is 14.59. Profit margin for the company is 9.26%. Distance from 52-week low is 26.81% and -1.86% from its 52-week high. The company has generated returns on investments over the last 12 months (3.31%).
with sales reaching $1.17B over the same period.The EPS is expected to grow by 8.83% this year, but quarterly earnings will post 3.93% year-over-year. Quarterly sales are estimated to grow 3.74% in year-over-year returns.
408.0 institutions hold shares in Spire Inc (SR), with institutional investors hold 91.93% of the company’s shares. The shares outstanding are 58.34M, and float is at 56.16M with Short Float at 2.59%. 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).
