Spire Inc Stock Buy Hold or Sell Recommendation

SR Stock  USD 58.88  0.71  1.19%   
Allowing for the 90-day total investment horizon and your highly speculative risk level, our recommendation regarding Spire Inc is 'Buy'. Macroaxis provides Spire buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Spire positions. The advice algorithm takes into account all of Spire's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value
65.28
Target Price
71
Hype Value
59.58
Market Value
58.88
Naive Value
59.9
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Spire Inc given historical horizon and risk tolerance towards Spire. When Macroaxis issues a 'buy' or 'sell' recommendation for Spire Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Spire Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Spire and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Spire Inc. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Execute Spire Buy or Sell Advice

The Spire recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Spire Inc. Macroaxis does not own or have any residual interests in Spire Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Spire's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell SpireBuy Spire
Buy

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Spire Inc has a Risk Adjusted Performance of (0.04), Jensen Alpha of (0.27), Total Risk Alpha of (0.39) and Treynor Ratio of (0.08)
Our recommendation module provides unbiased trade recommendation that can be used to complement current average analyst sentiment on Spire Inc. Our recommendation engine provides an advice for the company potential to grow from the perspective of an investor's risk tolerance and investing horizon. To make sure Spire Inc is not overpriced, please validate all Spire fundamentals, including its price to sales, short ratio, z score, as well as the relationship between the cash per share and market capitalization . Given that Spire Inc has a price to book of 1.17 X, we advise you to double-check Spire Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Spire Trading Alerts and Improvement Suggestions

Spire Inc generated a negative expected return over the last 90 days
The company reports 4.67 B of total liabilities with total debt to equity ratio (D/E) of 1.55, which is normal for its line of buisiness. Spire Inc has a current ratio of 0.67, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Spire until it has trouble settling it off, either with new capital or with free cash flow. So, Spire's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Spire Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spire to invest in growth at high rates of return. When we think about Spire's use of debt, we should always consider it together with cash and equity.
Over 90.0% of Spire shares are owned by institutional investors
Latest headline from finance.yahoo.com: With 86 percent ownership, Spire Inc. boasts of strong institutional backing

Spire Returns Distribution Density

The distribution of Spire's historical returns is an attempt to chart the uncertainty of Spire's future price movements. The chart of the probability distribution of Spire stock daily returns describes the distribution of returns around its average expected value. We use Spire Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Spire returns is essential to provide solid investment advice for Spire.
Mean Return
-0.1
Value At Risk
-2.16
Potential Upside
2.27
Standard Deviation
1.35
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Spire historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Spire Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Spire is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Spire Inc backward and forwards among themselves. Spire's institutional investor refers to the entity that pools money to purchase Spire's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Duff & Phelps Inv Mgmt Co (il)2023-12-31
776.3 K
Franklin Resources Inc2023-12-31
735.2 K
Vaughan Nelson Scarbrgh & Mccullough Lp2023-09-30
691.6 K
Northern Trust Corp2023-09-30
691.3 K
Bank Of New York Mellon Corp2023-09-30
686.9 K
Proshare Advisors Llc2023-09-30
680.9 K
Charles Schwab Investment Management Inc2023-09-30
648.9 K
Victory Capital Management Inc.2023-12-31
627.5 K
Thrivent Financial For Lutherans2023-09-30
603.9 K
Blackrock Inc2023-09-30
6.8 M
American Century Companies Inc2023-12-31
6.2 M
Note, although Spire's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Spire Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash(1.7M)7.2M9.2M5.3M4.8M5.0M
Free Cash Flow(168.5M)(375M)(497.2M)(222.3M)(200.1M)(190.1M)
Other Non Cash Items8.2M17.3M8.8M13M11.7M14.4M
Dividends Paid142.8M148M156.7M165.5M190.3M199.8M
Capital Expenditures638.4M624.8M552.2M662.5M761.9M800.0M
Net Income88.6M271.7M220.8M217.5M250.1M262.6M
End Period Cash Flow4.1M11.3M20.5M25.8M29.7M22.3M
Change To Netincome165.8M84.3M66.7M49.9M57.4M43.8M
Change To Inventory2.6M(111M)(117.2M)142.8M128.5M134.9M
Depreciation197.3M213.1M237.3M254.8M293.0M307.7M
Net Borrowings267.8M537.7M609.7M391.8M450.6M351.1M
Investments(631.6M)(622M)(546.7M)(695.5M)(799.8M)(839.8M)

Spire Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Spire or Gas Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Spire's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Spire stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.27
β
Beta against NYSE Composite1.25
σ
Overall volatility
1.31
Ir
Information ratio -0.18

Spire Volatility Alert

Spire Inc exhibits very low volatility with skewness of 0.56 and kurtosis of 0.98. However, we advise investors to further study Spire Inc technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Spire's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Spire's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Spire Fundamentals Vs Peers

Comparing Spire's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Spire's direct or indirect competition across all of the common fundamentals between Spire and the related equities. This way, we can detect undervalued stocks with similar characteristics as Spire or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Spire's fundamental indicators could also be used in its relative valuation, which is a method of valuing Spire by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Spire to competition
FundamentalsSpirePeer Average
Return On Equity0.0716-0.31
Return On Asset0.0248-0.14
Profit Margin0.08 %(1.27) %
Operating Margin0.19 %(5.51) %
Current Valuation8.27 B16.62 B
Shares Outstanding54.98 M571.82 M
Shares Owned By Insiders2.86 %10.09 %
Shares Owned By Institutions89.89 %39.21 %
Number Of Shares Shorted1.95 M4.71 M
Price To Earning18.90 X28.72 X
Price To Book1.17 X9.51 X
Price To Sales1.25 X11.42 X
Revenue2.67 B9.43 B
Gross Profit887.9 M27.38 B
EBITDA696.8 M3.9 B
Net Income217.5 M570.98 M
Cash And Equivalents6.5 M2.7 B
Cash Per Share0.12 X5.01 X
Total Debt4.67 B5.32 B
Debt To Equity1.55 %48.70 %
Current Ratio0.68 X2.16 X
Book Value Per Share51.09 X1.93 K
Cash Flow From Operations440.2 M971.22 M
Short Ratio2.83 X4.00 X
Earnings Per Share3.71 X3.12 X
Price To Earnings To Growth2.36 X4.89 X
Target Price63.0
Number Of Employees3.59 K18.84 K
Beta0.52-0.15
Market Capitalization3.27 B19.03 B
Total Asset10.31 B29.47 B
Retained Earnings958 M9.33 B
Working Capital(678.5 M)1.48 B
Note: Disposition of 1229 shares by Woodard Adam W. of Spire at 59.58 subject to Rule 16b-3 [view details]

Spire Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Spire . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Spire Buy or Sell Advice

When is the right time to buy or sell Spire Inc? Buying financial instruments such as Spire Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total4.3B4.7B5.4B5.6B
Total Assets10.1B10.3B11.9B12.5B

Use Investing Ideas to Build Portfolios

In addition to having Spire in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Macroaxis Picks Thematic Idea Now

Macroaxis Picks
Macroaxis Picks Theme
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Picks Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Spire Inc is a strong investment it is important to analyze Spire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Spire's future performance. For an informed investment choice regarding Spire Stock, refer to the following important reports:
Check out Spire Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Spire Stock analysis

When running Spire's price analysis, check to measure Spire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spire is operating at the current time. Most of Spire's value examination focuses on studying past and present price action to predict the probability of Spire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire's price. Additionally, you may evaluate how the addition of Spire to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Is Spire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spire. If investors know Spire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
2.915
Earnings Share
3.71
Revenue Per Share
49.434
Quarterly Revenue Growth
(0.07)
The market value of Spire Inc is measured differently than its book value, which is the value of Spire that is recorded on the company's balance sheet. Investors also form their own opinion of Spire's value that differs from its market value or its book value, called intrinsic value, which is Spire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spire's market value can be influenced by many factors that don't directly affect Spire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.