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Experts have raised concerns about Spire Inc.'s performance, noting a significant decline in its stock value over the past year. Despite impressive sales growth, the company is currently unprofitable and faces challenges in generating positive cash flow. Its high debt load and increasing interest expenses further contribute to the perceived risks associated with investing in this stock.
Spire Inc. is a American stock, trading under the symbol SR-N on the New York Stock Exchange (SR). It is usually referred to as NYSE:SR or SR-N
In the last year, 1 stock analyst published opinions about SR-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Spire Inc..
Spire Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Spire Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Spire Inc. published on Stockchase.
On 2024-11-21, Spire Inc. (SR-N) stock closed at a price of $70.66.
SPIR is down 17% year-to-date and 35% on a one-year timeframe. It is a smaller name with a market cap of $133M, and its sales growth has been impressive, and it is expected to grow its sales nicely in the coming years. It is not profitable and does not generate positive free cash flows. It operates at an ~$80M free cash flow loss each year and has a net debt balance of $113.4M. Its interest expenses are ramping up ($25M in the past 12 months), and this will delay the time until it is profitable. With a small market cap, a high debt load, and negative free cash flow, we feel the risks are tilted against an investors' favour, and we would prefer to wait until this name can generate positive free cash flow or reduce its debt load before reconsidering.
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