With 0.67 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.7 million shares. During the session, the Insurance – Reinsurance company that operates in wider Financial sector, reached to the highest price of $14.66 whereas the lowest price it dropped to was $14.38. The 52-week range on SPNT shows that it touched its highest point at $16.50 and its lowest point at $11.48 during that stretch. It currently has a 1-year price target of $13.00. Beta for the stock currently stands at 0.81.
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 SPNT was down-trending over the past week, with a drop of -1.23%, but this was up by 1.68% over a month. Three-month performance dropped to -8.05% while six-month performance rose 3.42%. The stock gained 18.66% in the past year, while it has lost -11.53% so far this year. A look at the trailing 12-month EPS for SPNT yields 0.95 with Next year EPS estimates of 2.25. For the next quarter, that number is 0.20. This implies an EPS growth rate of 14.63% for this year and 12.57% for next year.
Float and Shares Shorts:
At present, 162.23 million SPNT shares are outstanding with a float of 148.80 million shares on hand for trading. On 2025-02-28, short shares totaled 1.77 million, which was 153.0 higher than short shares on 1738281600. In addition to Mr. Scott Egan ACMA, MBA as the firm’s CEO & Director, Mr. David Evan Govrin serves as its Group President & Chief Executive Officer of Global Reinsurance.
Institutional Ownership:
Through their ownership of 0.85083 of SPNT’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
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 $1.599 being high and $1.599 being low. For SPNT, this leads to a yearly average estimate of $1.599. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
