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 most optimistic price target was 78, which equates to a potential upside 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.28 percent. That number becomes -4.94 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.14 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.28 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of SR to grow at a rate of 8.11 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. 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. SR has a PEG ratio of 2.73.
In the last 52-weeks, SR has achieved a high of 72.95 and a low of 59.54. Today's price is 21.85 percent above the 52-week low, and below the high by 0.55 percent. 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 market cap of SR is $3.48 billion. SR will post this quarters earnings in days, on 0000-00-00.