Is Spire Global Stock a Good Investment?
Spire Global Investment Advice | SPIR |
- Examine Spire Global's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Spire Global's leadership team and their track record. Good management can help Spire Global navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Environmental & Facilities Services space and any emerging trends that could impact Spire Global's business and its evolving consumer preferences.
- Compare Spire Global's performance and market position to its competitors. Analyze how Spire Global is positioned in terms of product offerings, innovation, and market share.
- Check if Spire Global pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Spire Global's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Spire Global stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Spire Global is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Solid | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Spire Global Stock
Researching Spire Global's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 37.0% of the company shares are owned by institutional investors. The book value of Spire Global was at this time reported as 3.51. The company recorded a loss per share of 3.45. Spire Global had not issued any dividends in recent years. The entity had 1:8 split on the 31st of August 2023.
To determine if Spire Global is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Spire Global's research are outlined below:
| Spire Global appears to be risky and price may revert if volatility continues | |
| Spire Global was previously known as SIKRI Old and was traded on NASDAQ Exchange under the symbol SIKRI. | |
| The company reported the previous year's revenue of 105.7 M. Net Loss for the year was (63.96 M) with profit before overhead, payroll, taxes, and interest of 39.94 M. | |
| Spire Global currently holds about 93.09 M in cash with (23.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67. | |
| Latest headline from thelincolnianonline.com: Spire Global, Inc. CEO Sells 742,015.26 in Stock |
Spire Global Quarterly Long Term Debt |
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Spire Global uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Spire Global. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Spire Global's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Spire Global's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Spire Global's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-03-08 | 2022-12-31 | -0.09 | -0.1 | -0.01 | 11 | ||
1994-03-22 | 1993-12-31 | 0.02 | 0.01 | -0.01 | 50 | ||
2023-05-10 | 2023-03-31 | -0.12 | -0.1 | 0.02 | 16 | ||
2022-11-09 | 2022-09-30 | -0.1 | -0.12 | -0.02 | 20 | ||
2022-03-09 | 2021-12-31 | -0.13 | -0.11 | 0.02 | 15 | ||
2008-08-13 | 2008-06-30 | -0.01 | -0.03 | -0.02 | 200 | ||
2023-08-09 | 2023-06-30 | -0.1 | -0.07 | 0.03 | 30 | ||
2022-08-10 | 2022-06-30 | -0.12 | -0.09 | 0.03 | 25 |
Know Spire Global's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Spire Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Spire Global backward and forwards among themselves. Spire Global's institutional investor refers to the entity that pools money to purchase Spire Global's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Susquehanna International Group, Llp | 2024-06-30 | 126.2 K | Goldman Sachs Group Inc | 2024-06-30 | 111.9 K | Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 109.6 K | Dnb Nor Asset Management (asia) | 2024-06-30 | 105.7 K | La Financière De L'echiquier | 2024-06-30 | 101 K | 1492 Capital Management, Llc | 2024-09-30 | 99.5 K | Acadian Asset Management Llc | 2024-06-30 | 71.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 69.5 K | Bank Of New York Mellon Corp | 2024-06-30 | 66.6 K | Blackrock Inc | 2024-06-30 | 1.2 M | Vanguard Group Inc | 2024-09-30 | 1 M |
Spire Global's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 393.22 M.Market Cap |
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Spire Global's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.39) | (0.41) | |
| Return On Capital Employed | (0.22) | (0.23) | |
| Return On Assets | (0.26) | (0.27) | |
| Return On Equity | (0.91) | (0.86) |
Determining Spire Global's profitability involves analyzing its financial statements and using various financial metrics to determine if Spire Global is a good buy. For example, gross profit margin measures Spire Global's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Spire Global's profitability and make more informed investment decisions.
Evaluate Spire Global's management efficiency
Spire Global has return on total asset (ROA) of (0.1024) % which means that it has lost $0.1024 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.7987) %, meaning that it created substantial loss on money invested by shareholders. Spire Global's management efficiency ratios could be used to measure how well Spire Global manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/30/2024, Return On Tangible Assets is likely to drop to -0.41. In addition to that, Return On Capital Employed is likely to drop to -0.23. At this time, Spire Global's Net Tangible Assets are relatively stable compared to the past year. As of 11/30/2024, Total Current Assets is likely to grow to about 76.9 M, while Non Current Assets Total are likely to drop slightly above 117.8 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.60 | 3.78 | |
| Tangible Book Value Per Share | (0.65) | (0.68) | |
| Enterprise Value Over EBITDA | (10.75) | (11.29) | |
| Price Book Value Ratio | 2.17 | 2.28 | |
| Enterprise Value Multiple | (10.75) | (11.29) | |
| Price Fair Value | 2.17 | 2.28 | |
| Enterprise Value | 254.7 M | 156 M |
The operational strategies employed by Spire Global management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Beta 1.969 |
Basic technical analysis of Spire Stock
As of the 30th of November, Spire Global has the Risk Adjusted Performance of 0.2203, coefficient of variation of 360.34, and Semi Deviation of 2.34. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spire Global, as well as the relationship between them. Please validate Spire Global coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Spire Global is priced more or less accurately, providing market reflects its prevalent price of 16.34 per share. Given that Spire Global has jensen alpha of 0.9441, we advise you to double-check Spire Global's current market performance to make sure the company can sustain itself at a future point.Spire Global's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Spire Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Spire Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Spire Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Spire Global's Outstanding Corporate Bonds
Spire Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Spire Global uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Spire bonds can be classified according to their maturity, which is the date when Spire Global has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| US84858DAA63 Corp BondUS84858DAA63 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| SAVE 8 20 SEP 25 Corp BondUS84859BAB71 | View | |
| Spirit Royalty 8 Corp BondUS84859BAA98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| US848577AB85 Corp BondUS848577AB85 | View |
Understand Spire Global's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Spire Global's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.2203 | |||
| Market Risk Adjusted Performance | 0.7282 | |||
| Mean Deviation | 3.18 | |||
| Semi Deviation | 2.34 | |||
| Downside Deviation | 3.13 | |||
| Coefficient Of Variation | 360.34 | |||
| Standard Deviation | 4.17 | |||
| Variance | 17.41 | |||
| Information Ratio | 0.2445 | |||
| Jensen Alpha | 0.9441 | |||
| Total Risk Alpha | 0.4515 | |||
| Sortino Ratio | 0.3261 | |||
| Treynor Ratio | 0.7182 | |||
| Maximum Drawdown | 18.88 | |||
| Value At Risk | (4.74) | |||
| Potential Upside | 8.64 | |||
| Downside Variance | 9.79 | |||
| Semi Variance | 5.49 | |||
| Expected Short fall | (3.85) | |||
| Skewness | 0.6773 | |||
| Kurtosis | 0.7102 |
| Risk Adjusted Performance | 0.2203 | |||
| Market Risk Adjusted Performance | 0.7282 | |||
| Mean Deviation | 3.18 | |||
| Semi Deviation | 2.34 | |||
| Downside Deviation | 3.13 | |||
| Coefficient Of Variation | 360.34 | |||
| Standard Deviation | 4.17 | |||
| Variance | 17.41 | |||
| Information Ratio | 0.2445 | |||
| Jensen Alpha | 0.9441 | |||
| Total Risk Alpha | 0.4515 | |||
| Sortino Ratio | 0.3261 | |||
| Treynor Ratio | 0.7182 | |||
| Maximum Drawdown | 18.88 | |||
| Value At Risk | (4.74) | |||
| Potential Upside | 8.64 | |||
| Downside Variance | 9.79 | |||
| Semi Variance | 5.49 | |||
| Expected Short fall | (3.85) | |||
| Skewness | 0.6773 | |||
| Kurtosis | 0.7102 |
Consider Spire Global's intraday indicators
Spire Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Spire Global stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Spire Global Corporate Filings
F4 | 22nd of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 13th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
| 5th of November 2024 Other Reports | ViewVerify |
Spire Stock media impact
Far too much social signal, news, headlines, and media speculation about Spire Global that are available to investors today. That information is available publicly through Spire media outlets and privately through word of mouth or via Spire internal channels. However, regardless of the origin, that massive amount of Spire data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Spire Global news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Spire Global relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Spire Global's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Spire Global alpha.
Spire Global Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Spire Global can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Spire Global Corporate Management
| Jon Christensen | Global Development | Profile | |
| Jeroen Cappaert | CoFounder CTO | Profile | |
| Michelle Nadeau | Global Operations | Profile | |
| Tim Braswell | Chief Officer | Profile | |
| Peter Platzer | President, CoFounder | Profile | |
| Benjamin Hackman | Head Relations | Profile |
Additional Tools for Spire Stock Analysis
When running Spire Global's price analysis, check to measure Spire Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spire Global is operating at the current time. Most of Spire Global's value examination focuses on studying past and present price action to predict the probability of Spire Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire Global's price. Additionally, you may evaluate how the addition of Spire Global to your portfolios can decrease your overall portfolio volatility.