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.
A number of analysts gave price targets for SR. The most optimistic analyst gave a price target of 78, implying potential capital gains of 7.51 percent. The minimum price target given was 64, implying potential capital losses of -11.78 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.14 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.28 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 1 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.
The growth rate of SR's earnings is estimated by analysts to be 8.11 percent. Another measure frequently examined by investors is the 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. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SR is 2.73.
SR has a 52-week high of 72.95 and a 52-week 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 stock has a market capitalization of $3.48 billion. SR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.