Spire Global (NYSE:SPIR – Get Rating) is one of 42 publicly-traded companies in the “Communication services, not elsewhere classified” industry, but how does it weigh in compared to its rivals? We will compare Spire Global to similar businesses based on the strength of its dividends, analyst recommendations, profitability, institutional ownership, earnings, risk and valuation.
Institutional and Insider Ownership
19.6% of Spire Global shares are owned by institutional investors. Comparatively, 49.9% of shares of all “Communication services, not elsewhere classified” companies are owned by institutional investors. 5.7% of Spire Global shares are owned by insiders. Comparatively, 21.2% of shares of all “Communication services, not elsewhere classified” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
This table compares Spire Global and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Spire Global Competitors||-70.22%||-61.72%||-11.85%|
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Spire Global Competitors||141||449||617||19||2.42|
Spire Global currently has a consensus price target of 5.35, suggesting a potential upside of 249.67%. As a group, “Communication services, not elsewhere classified” companies have a potential upside of 45.77%. Given Spire Global’s higher possible upside, research analysts clearly believe Spire Global is more favorable than its rivals.
Volatility and Risk
Spire Global has a beta of 0.7, indicating that its stock price is 30% less volatile than the S&P 500. Comparatively, Spire Global’s rivals have a beta of 1.31, indicating that their average stock price is 31% more volatile than the S&P 500.
Earnings and Valuation
This table compares Spire Global and its rivals revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Spire Global||$43.38 million||-$19.31 million||-2.89|
|Spire Global Competitors||$3.21 billion||-$802.12 million||-3.01|
Spire Global’s rivals have higher revenue, but lower earnings than Spire Global. Spire Global is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Spire Global rivals beat Spire Global on 7 of the 13 factors compared.
Spire Global Company Profile
Spire Global, Inc. develops a hardware and intelligent analytics platform that tracks the oceans, skies, and weather. It serves maritime, weather, aviation, space services, earth intelligence, and federal industries. Spire Global, Inc. has a strategic partnership with TAC Index Limited. Spire Global, Inc. was formerly known as Nanosatisfi, Inc. and changed its name to Spire Global, Inc. in July 2014. The company was incorporated in 2012 and is based in San Francisco, California with additional offices in Boulder, Colorado; Washington, D.C.; Glasgow, United Kingdom; Luxembourg; and Singapore.
Receive News & Ratings for Spire Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spire Global and related companies with MarketBeat.com's FREE daily email newsletter.