This company combines impressive quality with a generous valuation: Spruce Power Holding Corporatio (SPRU)

In the latest session, Spruce Power Holding Corporatio (NYSE: SPRU) closed at $0.80 up 4.71% from its previous closing price of $0.76. In other words, the price has increased by $+0.0360 from its previous closing price. On the day, 906878 shares were traded. SPRU stock price reached its highest trading level at $0.8405 during the session, while it also had its lowest trading level at $0.7800.

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For a deeper understanding of Spruce Power Holding Corporatio’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.10 and its Current Ratio is at 5.40. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.55.

Upgrades & Downgrades

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 16 when Hayes Christopher M. bought 77,523 shares for $0.83 per share. The transaction valued at 64,158 led to the insider holds 187,515 shares of the business.

Fong Christian S. bought 10,000 shares of SPRU for $9,000 on Dec 14. The President now owns 1,637,112 shares after completing the transaction at $0.90 per share. On Dec 05, another insider, Fong Christian S., who serves as the President of the company, bought 20,250 shares for $0.89 each. As a result, the insider paid 18,018 and bolstered with 1,627,112 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 4.89 while its Price-to-Book (P/B) ratio in mrq is 0.36.

Stock Price History:

Over the past 52 weeks, SPRU has reached a high of $2.47, while it has fallen to a 52-week low of $0.69. The 50-Day Moving Average of the stock is 1.1360, while the 200-Day Moving Average is calculated to be 1.0961.

Shares Statistics:

For the past three months, SPRU has traded an average of 575.82K shares per day and 498.26k over the past ten days. A total of 142.90M shares are outstanding, with a floating share count of 93.80M. Insiders hold about 2.00% of the company’s shares, while institutions hold 31.20% stake in the company. Shares short for SPRU as of Jan 12, 2023 were 2.18M with a Short Ratio of 1.65M, compared to 2.21M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.51% and a Short% of Float of 1.72%.

Earnings Estimates

There are 0 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.05. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

Revenue Estimates

A total of 1 analysts believe the company’s revenue will be $8.36M this quarter.It ranges from a high estimate of $5.8M to a low estimate of $5.8M. As of the current estimate, Spruce Power Holding Corporatio’s year-ago sales were $3.2M, an estimated increase of 161.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $5.9M, a decrease of -26.50% less than the figure of $161.20% in the same quarter last year. There is a high estimate of $5.9M for the next quarter, whereas the lowest estimate is $5.9M.

A total of 1 analysts have provided revenue estimates for SPRU’s current fiscal year. The highest revenue estimate was $23.1M, while the lowest revenue estimate was $23.1M, resulting in an average revenue estimate of $23.1M. In the same quarter a year ago, actual revenue was $15.6M, up 48.10% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $40.4M in the next fiscal year. The high estimate is $40.4M and the low estimate is $40.4M. The average revenue growth estimate for next year is up 74.90% from the average revenue estimate for this year.