Currently, there are 30.97M common shares owned by the public and among those 24.36M shares have been available to trade.
The company’s stock has a 5-day price change of -11.33% and -4.49% over the past three months. SPIR shares are trading -24.38% year to date (YTD), with the 12-month market performance up to 18.62% higher. It has a 12-month low price of $6.26 and touched a high of $21.43 over the same period. SPIR has an average intraday trading volume of 645.45K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.00%, 13.50%, and -6.81% respectively.
Institutional ownership of Spire Global Inc (NYSE: SPIR) shares accounts for 40.59% of the company’s 30.97M shares outstanding.
It has a market capitalization of $346.69M and a beta (3y monthly) value of 2.43. The earnings-per-share (ttm) stands at -$3.82. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.74% over the week and 4.69% over the month.
Analysts forecast that Spire Global Inc (SPIR) will achieve an EPS of -0.44 for the current quarter, -0.28 for the next quarter and -0.51 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.46 while analysts give the company a high EPS estimate of -0.46. Comparatively, EPS for the current quarter was -0.42 a year ago. Earnings per share for the fiscal year are expected to increase by 28.81%, and 67.37% over the next financial year. EPS should grow at an annualized rate of 45.39% over the next five years, compared to 26.67% over the past 5-year period.
Looking at the support for the SPIR, a number of firms have released research notes about the stock. Craig Hallum stated their Buy rating for the stock in a research note on November 14, 2024, with the firm’s price target at $8-$20. Alliance Global Partners coverage for the Spire Global Inc (SPIR) stock in a research note released on November 14, 2024 offered a Buy rating with a price target of $24. Robert W. Baird on their part issued Neutral rating on August 15, 2024.
