Spyre Therapeutics Stock Today

SYRE Stock   28.70  1.48  5.44%   

Performance

1 of 100

 
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Odds Of Distress

Less than 27

 
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Below Average
Spyre Therapeutics is trading at 28.70 as of the 12th of October 2024, a 5.44% up since the beginning of the trading day. The stock's lowest day price was 27.15. Spyre Therapeutics has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Spyre Therapeutics symbol was changed from AGLE on 28th of November 2023. Equity ratings for Spyre Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of September 2024 and ending today, the 12th of October 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
7th of April 2016
Category
Healthcare
Classification
Health Care
Spyre Therapeutics is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 50.92 M outstanding shares of which 8.64 M shares are at this time shorted by private and institutional investors with about 13.59 trading days to cover. More on Spyre Therapeutics

Spyre Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Older SymbolAGLE
Principal CEOCameron DPHIL
Thematic IdeaBiotech (View all Themes)
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Biotech, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00250.0026
Notably Down
Very volatile
Total Current Liabilities16.7 M32 M
Way Down
Slightly volatile
Non Current Liabilities Total132.2 M125.9 M
Sufficiently Up
Slightly volatile
Total Assets359 M341.9 M
Sufficiently Up
Slightly volatile
Total Current Assets358.6 M341.5 M
Sufficiently Up
Slightly volatile
Spyre Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Spyre Therapeutics' financial leverage. It provides some insight into what part of Spyre Therapeutics' total assets is financed by creditors.
Liquidity
Spyre Therapeutics currently holds 84.56 M in liabilities. Note, when we think about Spyre Therapeutics' use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

(94.91 Million)
Spyre Therapeutics (SYRE) is traded on NASDAQ Exchange in USA. It is located in 221 Crescent Street, Waltham, MA, United States, 02453 and employs 50 people. Spyre Therapeutics was previously known as Aeglea Bio Therapeutics and was traded on NASDAQ Exchange under the symbol AGLE. Spyre Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.39 B. Spyre Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 50.92 M outstanding shares of which 8.64 M shares are at this time shorted by private and institutional investors with about 13.59 trading days to cover. Spyre Therapeutics generates negative cash flow from operations
Check Spyre Therapeutics Probability Of Bankruptcy
Ownership Allocation
Spyre Therapeutics shows a total of 50.92 Million outstanding shares. The majority of Spyre Therapeutics outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Spyre Therapeutics to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Spyre Therapeutics. Please pay attention to any change in the institutional holdings of Spyre Therapeutics as this could imply that something significant has changed or is about to change at the company. Also note that roughly one million eight hundred twenty-two thousand nine hundred twenty-five invesors are currently shorting Spyre Therapeutics expressing very little confidence in its future performance.
Check Spyre Ownership Details

Spyre Therapeutics Historical Income Statement

At present, Spyre Therapeutics' EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 72.9 M, whereas Gross Profit is projected to grow to (74.1 K). View More Fundamentals

Spyre Stock Against Markets

Spyre Therapeutics Corporate Management

James JDConsultantProfile
Janet MBASenior OperationsProfile
Eric McIntyreVice RelationsProfile
Deanna MDSenior DevelopmentProfile
CFE CPAVice ControllerProfile
Justin LaFountaineSenior DevelopmentProfile
When determining whether Spyre Therapeutics is a strong investment it is important to analyze Spyre Therapeutics' 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 Spyre Therapeutics' future performance. For an informed investment choice regarding Spyre Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spyre Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Spyre Stock refer to our How to Trade Spyre Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Biotechnology space 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 Spyre Therapeutics. If investors know Spyre 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 Spyre Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
10.89
Return On Assets
(0.32)
Return On Equity
(1.02)
The market value of Spyre Therapeutics is measured differently than its book value, which is the value of Spyre that is recorded on the company's balance sheet. Investors also form their own opinion of Spyre Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Spyre Therapeutics' 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 Spyre Therapeutics' market value can be influenced by many factors that don't directly affect Spyre Therapeutics' 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 Spyre Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spyre Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spyre Therapeutics' 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.