With 0.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.52 million shares. The 52-week range on SPIR shows that it touched its highest point at $21.43 and its lowest point at $6.26 during that stretch. It currently has a 1-year price target of $17.30. Beta for the stock currently stands at 2.27.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SPIR was down-trending over the past week, with a drop of -36.62%, but this was down by -30.03% over a month. Three-month performance dropped to -5.70% while six-month performance rose 77.93%. The stock gained 5.71% in the past year, while it has lost -10.59% so far this year. A look at the trailing 12-month EPS for SPIR yields -3.48 with Next year EPS estimates of -0.85. For the next quarter, that number is -0.38. This implies an EPS growth rate of 9.50% for this year and 57.50% for next year.
Float and Shares Shorts:
At present, 24.32 million SPIR shares are outstanding with a float of 18.65 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SPIR since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.96902 being high and -$2.05856 being low. For SPIR, this leads to a yearly average estimate of -$2. Based on analyst estimates, the high estimate for the next quarter is -$0.18 and the low estimate is -$0.29. The average estimate for the next quarter is thus -$0.23.
