Analyst Ratings for Spire Inc. (SR)Updated: 2017-07-26
Spire Inc. (NYSE:SR) was awarded an average rating of Hold from investment analysts following the stock. About 30 days ago, SR was issued an average rating of Hold.
Of the 13 analysts covering the stock, 4 gave it a buy rating, 1 issued an overweight rating, 6 gave a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for SR by the analysts covering the stock. The maximum price target given was 78, implying a possible profit of 7.51 percent. The lowest price target was 64, which equates to a potential downside of -11.78 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.28 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.94 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.14 percent. If we look at the last 90 days instead, we find a net average change of 0.28 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
The growth rate of SR's earnings is estimated by analysts to be 8.11 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of SR is 2.73.
In the trailing 52-weeks, SR hit 72.95 at the highest peak, while it's lowest trading point was 59.54. The current market price is above the trailing year's low by 21.85 percent, and 0.55 percent lower than its 52-week high. SR has a price/earnings ratio of 22.12. Investors typically compare the P/E ratio to a company's peers in the industry. The SR value stock report compares SR to some of its peers using value stock charts. The stock has a market capitalization of $3.48 billion. SR will post this quarters earnings in days, on 0000-00-00.