Spire (NYSE:SR) released its earnings results on Monday. The utilities provider reported ($0.54) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.52) by ($0.02), Fidelity Earnings reports. Spire had a net margin of 9.37% and a return on equity of 7.60%. The firm had revenue of $225.60 million for the quarter, compared to analysts’ expectations of $243.88 million.
Shares of SR stock opened at $77.75 on Thursday. The stock has a market cap of $3.90 billion, a P/E ratio of 20.84, a PEG ratio of 3.63 and a beta of 0.15. Spire has a 52 week low of $70.53 and a 52 week high of $88.00. The company has a quick ratio of 0.40, a current ratio of 0.53 and a debt-to-equity ratio of 0.86. The company’s fifty day simple moving average is $82.15 and its two-hundred day simple moving average is $83.89.
In related news, EVP Steven P. Rasche purchased 1,108 shares of the firm’s stock in a transaction on Friday, September 13th. The shares were acquired at an average price of $27.20 per share, for a total transaction of $30,137.60. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.90% of the stock is owned by insiders.
Spire Company Profile
Spire Inc, through its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through two segments, Gas Utility and Gas Marketing. It is also involved in marketing natural gas; and provision of energy services on non-regulated basis to on-system utility transportation customers, as well as to retail and wholesale customers.
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