What Analysts Are Saying About Spire Stock

Across the recent three months, 9 analysts have shared their insights on Spire (NYSE:SR), expressing a variety of opinions spanning from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Analysts have recently evaluated Spire and provided 12-month price targets. The average target is $71.83, accompanied by a high estimate of $80.00 and a low estimate of $60.50. Marking an increase of 1.8%, the current average surpasses the previous average price target of $70.56.

Breaking Down Analyst Ratings: A Detailed Examination

The analysis of recent analyst actions sheds light on the perception of Spire by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Spire's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Spire analyst ratings.

Delving into Spire's Background

Unraveling the Financial Story of Spire

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Decline in Revenue: Over the 3 months period, Spire faced challenges, resulting in a decline of approximately -5.35% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Utilities sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Spire's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -10.04%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Spire's ROE excels beyond industry benchmarks, reaching -0.97%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Spire's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of -0.27%, the company showcases efficient use of assets and strong financial health.

Debt Management: Spire's debt-to-equity ratio surpasses industry norms, standing at 1.57. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

The Core of Analyst Ratings: What Every Investor Should Know

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

Breaking: Wall Street's Next Big Mover

Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.