Spire Inc Stock Cash Per Share
SR Stock | USD 73.38 0.83 1.14% |
Spire Inc fundamentals help investors to digest information that contributes to Spire's financial success or failures. It also enables traders to predict the movement of Spire Stock. The fundamental analysis module provides a way to measure Spire's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Spire stock.
Last Reported | Projected for Next Year | ||
Cash Per Share | 0.08 | 0.08 |
Spire | Cash Per Share |
Spire Inc Company Cash Per Share Analysis
Spire's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Spire Cash Per Share | 0.12 X |
Most of Spire's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Spire Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Spire Cash Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Spire is extremely important. It helps to project a fair market value of Spire Stock properly, considering its historical fundamentals such as Cash Per Share. Since Spire's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Spire's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Spire's interrelated accounts and indicators.
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Spire Cash Per Share Historical Pattern
Today, most investors in Spire Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Spire's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Spire cash per share as a starting point in their analysis.
Spire Cash Per Share |
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Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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Spire Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, Spire Inc has a Cash Per Share of 0.12 times. This is 94.12% lower than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The cash per share for all United States stocks is 97.6% higher than that of the company.
Spire Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spire's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Spire could also be used in its relative valuation, which is a method of valuing Spire by comparing valuation metrics of similar companies.Spire is currently under evaluation in cash per share category among its peers.
Spire ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Spire's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Spire's managers, analysts, and investors.Environmental | Governance | Social |
Spire Fundamentals
Return On Equity | 0.0784 | ||||
Return On Asset | 0.0284 | ||||
Profit Margin | 0.09 % | ||||
Operating Margin | 0.08 % | ||||
Current Valuation | 9.12 B | ||||
Shares Outstanding | 57.76 M | ||||
Shares Owned By Insiders | 2.70 % | ||||
Shares Owned By Institutions | 89.44 % | ||||
Number Of Shares Shorted | 1.61 M | ||||
Price To Earning | 18.90 X | ||||
Price To Book | 1.40 X | ||||
Price To Sales | 1.61 X | ||||
Revenue | 2.59 B | ||||
Gross Profit | 887.9 M | ||||
EBITDA | 789.1 M | ||||
Net Income | 250.9 M | ||||
Cash And Equivalents | 6.5 M | ||||
Cash Per Share | 0.12 X | ||||
Total Debt | 989 M | ||||
Debt To Equity | 1.55 % | ||||
Current Ratio | 0.68 X | ||||
Book Value Per Share | 53.53 X | ||||
Cash Flow From Operations | 912.4 M | ||||
Short Ratio | 4.32 X | ||||
Earnings Per Share | 4.19 X | ||||
Price To Earnings To Growth | 2.45 X | ||||
Target Price | 70.06 | ||||
Number Of Employees | 3.59 K | ||||
Beta | 0.54 | ||||
Market Capitalization | 4.19 B | ||||
Total Asset | 10.86 B | ||||
Retained Earnings | 1.02 B | ||||
Working Capital | (678.5 M) | ||||
Current Asset | 287.89 M | ||||
Current Liabilities | 366.28 M | ||||
Annual Yield | 0.05 % | ||||
Five Year Return | 3.42 % | ||||
Net Asset | 10.86 B |
About Spire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Spire Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spire Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Spire
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Spire position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Spire will appreciate offsetting losses from the drop in the long position's value.Moving together with Spire Stock
The ability to find closely correlated positions to Spire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spire when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Spire - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Spire Inc to buy it.
The correlation of Spire is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Spire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spire Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Spire can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Spire Stock Analysis
When running Spire's price analysis, check to measure Spire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spire is operating at the current time. Most of Spire's value examination focuses on studying past and present price action to predict the probability of Spire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire's price. Additionally, you may evaluate how the addition of Spire to your portfolios can decrease your overall portfolio volatility.