Home News Valuation Today: Spire (NYSE: SR)

Valuation Today: Spire (NYSE: SR)

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Spire is part of the utilities sector and trades as part of the regulated utilities industry. The company CEO is Suzanne Sitherwood. Spire Inc, along with its subsidiaries is engaged in the purchase, retail distribution and sale of natural gas. The Company is also indulged in marketing of natural gas and related activities on a non-regulated basis.

Previous Intraday Trading Performance:

The SR stock showed a previous change of 0.05% with an open at 84.91 and a close of 84.74. It reached an intraday high of 85.25 and a low of 84.16.

SeekingAlpha:  New Preferred Stock IPOs, May 2019

Liquidity:

The stock has a market cap of $4.3b with 50.7m shares outstanding, of which the float is 50.0m shares. Trading volume reached 124,958 shares compared to its average volume of 195,860 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Spire shares returned 0.11% and in the past 30 trading days it returned 0.93%. Over three months, it changed 6.96%. In one year it has changed 31.33% and within that year its 52-week high was 87.13 and its 52-week low was 65.14. SR stock is 30.09% above its 52 Week Low.

Our calculations show a 200 day moving average of 77.19 and a 50 day moving average of 83.20. Currently SR stock is trading 9.78% above its 200 day moving average.

SeekingAlpha:  New Preferred Stock IPOs, May 2019

Earnings:

The last annual fiscal EPS for the company was reported at 4.36 that ended on 30th of September 2018, which according to the previous close, that is a PE of 19.44. Based on 4 analyst estimates, the consensus EPS for the next quarter is 1.34. The TTM EPS is 3.92, which comes to a TTM PE of 21.62. Historically, the PE high was 23.90 and the PE low was 16.90. If the stock reached its PE low, that would represent a price of 66.24, which is a decrease of -21.83%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/01/2019): 3.04
4thQtr of 2018 (Reported on 02/06/2019): 1.32
3rdQtr of 2018 (Reported on 11/15/2018): -0.51
2ndQtr of 2018 (Reported on 08/02/2018): 0.52
1stQtr of 2018 (Reported on 05/02/2018): 2.03

The dividend per share is currently 2.37, which is a dividend yield of 2.80%.

Indicators to Watch:

Short-interest was 1,054,657, which was 2.08% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.84. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.24.

SeekingAlpha:  TTGT +4%, FBC +1.8% on moves to SmallCap 600

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 10.16%, return on assets is 3.34%, profit margin is 11.30%, price-to-sales is 2.15 and price-to-book is 1.79.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 1  :Past Performance Score
 1  :Financial Strength Score
 0  :Future Growth Score
 5  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.