Added to YB: 2024-12-10
Pitch date: 2024-12-08
SR [neutral]
Spire Inc.
+24.03%
current return
Author Info
No bio for this author
Company Info
Spire Inc., together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States.
Market Cap
$4.3B
Pitch Price
$67.17
Price Target
N/A
Dividend
4.25%
EV/EBITDA
11.91
P/E
18.28
EV/Sales
3.77
Sector
Gas Utilities
Category
N/A
Update on Investment Idea #1 - Spire Inc.
SR trimmed position: Space data co up 300% on multiple expansion to 4x rev. Unique satellite constellation, defensible tech, data flywheel, scalable economics. CEO exit raises questions. Q3 record bookings, cash flow positive soon. Governance concerns, unclear financials, customer issues. Still bullish but reduced stake due to uncertainties.
Read full article (3 min)