Spark Energy Inc. (SPKE): Analysis on the Earning Per Share

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Spark Energy Inc. (NASDAQ:SPKE) changes shares on Monday trading session, with a change of -0.28% or -$0.02 shares. The trading starts at $7.05 and closed at $7.12 throughout the day. The trading session low price was $6.91 and day high was $7.17 on Monday, June 22. After the session, the Utilities sector daily volume shifted to 0.16 million while its average volume is 158.31K. In other hand, the SPKE market cap reached to $256.66M. While, its current target price is $7.10 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -7.19% and down -1.93% for month. Its quarterly performance was 31.00% above, while its half year performance is down -25.50%. SPKE yearly performance stood at negative -36.32% and fall -23.08% for year-to-date. Current recommendation for Spark Energy Inc. is 3.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. SPKE EPS (TTM) for 12-month is 0.30. EPS for this year is 103.50%. Its EPS Q/Q reached 328.80%. It has an EPS of 70.90% up for past five years.

Let’s take a look on the analyst recommendations on SPKE for the current month and previous month. For the current month, 0 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $8.00-$8.00. Average target price for SPKE was reached at $8.00.

Blackrock Inc., JP Morgan Chase & Company and Renaissance Technologies, LLC are the top three holders in Spark Energy Inc. (SPKE) stock. On Mar 30, 2020, Blackrock Inc. has 1.02 million shares which valued 6.41 million. On Mar 30, 2020, JP Morgan Chase & Company owned 1.02 million shares which valued at 6.4 million. On Mar 30, 2020, Renaissance Technologies, LLC has a total of 1.0 million shares which valued at 6.3 million. In the end, Renaissance Technologies, LLC have 6.93% shares outstanding of Spark Energy Inc. (SPKE) on Mar 30, 2020. The insider ownership moved to 19.10% and institutional holding shifted to 70.30%.

The company posted an EPS (TTM) of 0.30. Comparing with last year, the average estimated EPS was -0.64 which is lower than 0.2 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for SPKE fall -19.62% for period of 200 days. SMA for 50 days was -3.11% which is showing red signal, while SMA-20 was -10.35%. The moving average value for Spark Energy Inc. (SPKE) is 8.22 and 7.37 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in SPKE stock. On Mar 19, Maxwell W Keith III, Interim CEO, bought 432 trading shares at the cost of $6.28, which valued at 2713.0. On Mar 18, Maxwell W Keith III, Interim CEO, bought 5,568 shares at the cost of $7.88, with total shares of 2,609,568. On Mar 13, Maxwell W Keith III, Interim CEO, bought 7,000 shares at the cost of 9.53. After this transaction, Maxwell W Keith III total shares reached to 2,606,000 which valued at 66680.0.