Spire Inc (NYSE: SR) has reported a loss for its fourth fiscal quarter (ending September 30) of $-0.66 versus a loss $-0.20 for the same period a year ago. This result fell short of the consensus estimate of $-0.64 by $-0.02. For the latest four quarters through September 30, E.P.S. were $3.86 compared to $3.96 a year ago — a decline of -3%.
Recent Price Action
Spire Inc (NYSE: SR) stock closed at $59.74 on 11/16/23 after a slight decline of -0.3%. Relative to the market the stock has been weak over the last nine months but has risen 4.7% during the last week.
Current PriceTarget Research Rating
SR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Spire has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Spire has a good Appreciation Score of 74 but a slightly negative Power Rating of 31, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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