Spire Healthcare Group (LON:SPI) Trading 14.1% Higher – Should You Buy?

Spire Healthcare Group plc (LON:SPI)’s stock price traded up 14.1% on Saturday . The company traded as high as GBX 256.50 ($3.46) and last traded at GBX 247 ($3.33). 9,747,062 shares changed hands during trading, an increase of 563% from the average session volume of 1,469,073 shares. The stock had previously closed at GBX 216.50 ($2.92).

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Berenberg Bank reissued a “buy” rating and issued a GBX 280 price target on shares of Spire Healthcare Group in a research report on Thursday, July 31st. JPMorgan Chase & Co. lowered their price target on Spire Healthcare Group from GBX 309 to GBX 303 and set an “overweight” rating for the company in a research report on Tuesday, August 5th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 294.33.

Spire Healthcare Group Trading Up 14.1%

The stock has a market capitalization of £993.86 million, a PE ratio of 5,369.57, a price-to-earnings-growth ratio of 1.06 and a beta of 0.96. The firm has a 50-day moving average price of GBX 218.75 and a 200-day moving average price of GBX 203.55. The company has a current ratio of 0.70, a quick ratio of 0.74 and a debt-to-equity ratio of 62.25.

Spire Healthcare Group (LON:SPI) last announced its earnings results on Thursday, July 31st. The company reported GBX 4.10 earnings per share (EPS) for the quarter. Spire Healthcare Group had a return on equity of 3.82% and a net margin of 1.96%. As a group, equities analysts forecast that Spire Healthcare Group plc will post 15.6634747 EPS for the current fiscal year.

Spire Healthcare Group Company Profile

Spire Healthcare Group plc, together with its subsidiaries, owns and operates private hospitals and clinics. It offers various treatments in the areas of allergy and infectious diseases, blood tests, bones and joints, bowel treatments, breast screening and surgery, cancer investigations and treatments, cosmetic surgery, cyst removal, and dental surgery, as well as ear, nose, and throat treatments.