Spirit AeroSystems Holdings Inc. (NYSE: SPR) is 3.15% higher on its value in year-to-date trading and has touched a low of $13.69 and a high of $74.37 in the current 52-week trading range. The SPR stock was last observed hovering at around $40.00 in the last trading session, with the day’s gains setting it 0.32% off its average median price target of $39.50 for the next 12 months. It is also 23.92% off the consensus price target high of $53.00 offered by 21 analysts, but current levels are -124.0% lower than the price target low of $18.00 for the same period.
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Currently trading at $40.32, the stock is 6.33% and 21.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.67 million and changing 0.80% at the moment leaves the stock 63.80% off its SMA200. SPR registered -42.15% loss for a year compared to 6-month gain of 80.89%. The firm has a 50-day simple moving average (SMA 50) of $37.58 and a 200-day simple moving average (SMA200) of $25.37.
The stock witnessed a 4.54% loss in the last 1 month and extending the period to 3 months gives it a 107.62%, and is 9.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.06% over the week and 4.83% over the month.
Spirit AeroSystems Holdings Inc. (SPR) has around 18200 employees, a market worth around $4.26B and $4.49B in sales. Profit margin for the company is -11.30%. Distance from 52-week low is 194.52% and -45.78% from its 52-week high. The company has generated returns on investments over the last 12 months (13.40%).
Spirit AeroSystems Holdings Inc. (SPR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Spirit AeroSystems Holdings Inc. (SPR) is a “Overweight”. 21 analysts offering their recommendations for the stock have an average rating of 2.60, where 10 rate it as a Hold and 1 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Spirit AeroSystems Holdings Inc. is expected to release its quarterly report on 05/05/2021 and quarterly earnings per share for the current quarter are estimated at -$0.78 with sales reaching $902.55M over the same period.The EPS is expected to shrink by -9.80% this year, but quarterly earnings will post -56.30% year-over-year. Quarterly sales are estimated to shrink -53.90% in year-over-year returns.
Spirit AeroSystems Holdings Inc. (SPR) Top Institutional Holders
366 institutions hold shares in Spirit AeroSystems Holdings Inc. (SPR), with 1.08M shares held by insiders accounting for 1.02% while institutional investors hold 79.33% of the company’s shares. The shares outstanding are 103.90M, and float is at 103.58M with Short Float at 7.73%. Institutions hold 78.51% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 9.13 million shares valued at $172.66 million. The investor’s holdings represent 8.64% of the SPR Shares outstanding. As of Sep 29, 2020, the second largest holder is Scopia Capital Management LP with 7.26 million shares valued at $137.35 million to account for 6.88% of the shares outstanding. The other top investors are Blackrock Inc. which holds 5.35 million shares representing 5.07% and valued at over $101.2 million, while Sculptor Capital, LP holds 4.92% of the shares totaling 5.2 million with a market value of $98.38 million.
Spirit AeroSystems Holdings Inc. (SPR) Insider Activity
A total of 7 insider transactions have happened at Spirit AeroSystems Holdings Inc. (SPR) in the last six months, with sales accounting for 6 and purchases happening 1 times.
Spirit AeroSystems Holdings Inc. (SPR): Who are the competitors?
The company’s main competitors (and peers) include Lockheed Martin Corporation (LMT) that is trading -18.40% down over the past 12 months. CPI Aerostructures Inc. (CVU) is -36.35% down on the 1-year trading charts. Short interest in the company’s stock has fallen -3.25% from the last report on Nov 12, 2020 to stand at a total of 8.27 million short shares sold with a short interest ratio of 1.45.