Spire Inc Stock Performance
SR Stock | USD 58.88 0.71 1.19% |
The entity has a beta of 1.25, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Spire will likely underperform. Spire Inc exposes twenty-three different technical indicators, which can help you to evaluate its performance. Spire Inc has an expected return of -0.0756%. Please make sure to validate Spire jensen alpha, skewness, as well as the relationship between the Skewness and day typical price to decide if Spire Inc performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Spire Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Spire is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
Actual Historical Performance (%)
One Day Return (1.19) | Five Day Return (3.22) | Year To Date Return (7.65) | Ten Year Return 24.75 | All Time Return 958.99 |
Forward Dividend Yield 0.0507 | Payout Ratio 0.7431 | Last Split Factor 2:1 | Forward Dividend Rate 3.02 | Dividend Date 2024-04-02 |
Spire dividend paid on 3rd of January 2024 | 01/03/2024 |
1 | Payment of 486 shares by Waltermire Mark D of Spire subject to Rule 16b-3 | 01/12/2024 |
2 | Spire declares 0.755 dividend | 01/26/2024 |
3 | Growth Investors Industry Analysts Just Upgraded Their Spire Inc. Revenue Forecasts By 3.9 | 02/02/2024 |
4 | Spire to launch 300M debt offering | 02/05/2024 |
5 | Spire Inc. Expands Agreement for 200M Equity Distribution - TipRanks.com - TipRanks | 02/07/2024 |
6 | Spire Inc. Stock Position Lowered by Commonwealth of Pennsylvania Public School Empls Retrmt SYS - MarketBeat | 02/12/2024 |
7 | Acquisition by Woodard Adam W of 620 shares of Spire subject to Rule 16b-3 | 02/21/2024 |
8 | Spire goes ex dividend tomorrow | 03/07/2024 |
9 | Is Spire Inc Stock a Smart Investment Monday - InvestorsObserver | 03/11/2024 |
10 | Disposition of 1229 shares by Woodard Adam W. of Spire at 59.58 subject to Rule 16b-3 | 03/15/2024 |
11 | With 86 percent ownership, Spire Inc. boasts of strong institutional backing | 03/18/2024 |
Begin Period Cash Flow | 20.5 M | |
Total Cashflows From Investing Activities | -695.5 M |
Spire |
Spire Relative Risk vs. Return Landscape
If you would invest 6,193 in Spire Inc on December 20, 2023 and sell it today you would lose (305.00) from holding Spire Inc or give up 4.92% of portfolio value over 90 days. Spire Inc is generating negative expected returns and assumes 1.3216% volatility on return distribution over the 90 days horizon. Put differently, 11% of stocks are less risky than Spire on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
Risk |
Spire Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spire's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Spire Inc, and traders can use it to determine the average amount a Spire's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0572
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Estimated Market Risk
1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Spire is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Spire by adding Spire to a well-diversified portfolio.
Spire Fundamentals Growth
Spire Stock prices reflect investors' perceptions of the future prospects and financial health of Spire, and Spire fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Spire Stock performance.
Return On Equity | 0.0716 | ||||
Return On Asset | 0.0248 | ||||
Current Valuation | 8.27 B | ||||
Shares Outstanding | 54.98 M | ||||
Price To Earning | 18.90 X | ||||
Price To Book | 1.17 X | ||||
Price To Sales | 1.25 X | ||||
Revenue | 2.67 B | ||||
Gross Profit | 887.9 M | ||||
EBITDA | 696.8 M | ||||
Net Income | 217.5 M | ||||
Cash And Equivalents | 6.5 M | ||||
Cash Per Share | 0.12 X | ||||
Debt To Equity | 1.55 % | ||||
Current Ratio | 0.68 X | ||||
Cash Flow From Operations | 440.2 M | ||||
Earnings Per Share | 3.71 X | ||||
Total Asset | 10.31 B | ||||
Retained Earnings | 958 M | ||||
Current Asset | 287.89 M | ||||
About Spire Performance
To evaluate Spire Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Spire generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Spire Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Spire Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Spire's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.06 | 0.09 | |
Return On Assets | 0.02 | 0.03 | |
Return On Equity | 0.09 | 0.11 |
Things to note about Spire Inc performance evaluation
Checking the ongoing alerts about Spire for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Spire Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.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 |
- Analyzing Spire's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Spire's stock is overvalued or undervalued compared to its peers.
- Examining Spire's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Spire's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spire's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Spire's stock. These opinions can provide insight into Spire's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.
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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.