Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. You can see the consensus estimate trend and recent price action for the stock in the chart below:
This has had a positive impact on the consensus estimate though as the current year consensus estimate has risen by 19.7% in the past two months, while the full year 2021 estimate has improved by 1.4%. The current year has seen five estimates go higher in the past sixty days compared to three lower, while the full year 2021 estimate has seen three upward revision compared to one downward in the same time period. Meanwhile, the company’s recent earnings estimates have been encouraging. (You can read more about the Zacks Style Scores here > ) This gives SR a Zacks VGM score - or its overarching fundamental grade - of A. In particular, it is worth noting that the company has a Growth Score of F and a Momentum Score of C. Though Spire might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. This makes Spire a solid choice for value investors. In aggregate,Spire currently has a Zacks Value Score of A, putting it into the top 20% of all stocks we cover from this look. If anything, SR is in the lower end of its range in the time period from a P/S metric, suggesting some level of undervalued trading-at least compared to historical norms. Also, as we can see in the chart below, this is below the highs for this stock in particular over the past few years. This is lower than the S&P 500 average, which comes in at 5.12 right now.
Right now, Spire has a P/S ratio of about 1.57. Some people like this metric more than other value-focused ones because it looks at sales, something that is far harder to manipulate with accounting tricks than earnings.
This approach compares a given stock’s price to its total sales, where a lower reading is generally considered better. So it is fair to expect an increase in the company’s share price in the near term.Īnother key metric to note is the Price/Sales ratio. We should also point out that Spire has a forward PE ratio (price relative to this year’s earnings) of just 15.10, which is tad higher than the current level. At the very least, this indicates that the stock is relatively undervalued right now, compared to its peers. If we focus on the long-term PE trend, Spire’s current PE level puts it below its midpoint over the past five years.įurther, the stock’s PE compares favorably with the Zacks Utility – Gas Distribution industry’s trailing twelve months PE ratio, which stands at 15.96. This level actually compares pretty favorably with the market at large, as the PE for the S&P 500 stands at about 25.7. On this front, Spire has a trailing twelve months PE ratio of 13.84, as you can see in the chart below: The best use of the PE ratio is to compare the stock’s current PE ratio with: a) where this ratio has been in the past b) how it compares to the average for the industry/sector and c) how it compares to the market as a whole. This shows us how much investors are willing to pay for each dollar of earnings in a given stock, and is easily one of the most popular financial ratios in the world.
( SR Quick Quote SR - Free Report) stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:Ī key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?
Value investing is easily one of the most popular ways to find great stocks in any market environment.