Spirit Aerosystems Holdings Inc (NYSE: SPR) is 8.43% higher on its value in year-to-date trading and has touched a low of $14.65 and a high of $36.34 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SPR stock was last observed hovering at around $35.26 in the last trading session, with the day’s loss setting it -0.8%.
Currently trading at $34.46, the stock is 5.91% and 15.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.82 million and changing -2.27% at the moment leaves the stock 32.48% off its SMA200. SPR registered 11.16% gain for a year compared to 6-month gain of 132.21%. The firm has a 50-day simple moving average (SMA 50) of $1.22 and a 200-day simple moving average (SMA200) of $179.48.
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The stock witnessed a 18.58% loss in the last 1 month and extending the period to 3 months gives it a 11.56%, and is 6.82% 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 2.99% over the week and 4.67% over the month.
Spirit Aerosystems Holdings Inc (SPR) has around 20655 employees, a market worth around $4.00B and $6.05B in sales. Fwd P/E is 16.48. Profit margin for the company is -10.46%. Distance from 52-week low is 135.22% and -5.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-17.56%).
Spirit Aerosystems Holdings Inc quarterly earnings per share for the current quarter are estimated at -$0.26 with sales reaching $1.68B over the same period.The EPS is expected to grow by 105.05% this year, but quarterly earnings will post 22.60% year-over-year. Quarterly sales are estimated to grow 10.80% in year-over-year returns.
Spirit Aerosystems Holdings Inc (SPR) Top Institutional Holders
369 institutions hold shares in Spirit Aerosystems Holdings Inc (SPR), with institutional investors hold 93.99% of the company’s shares. The shares outstanding are 116.05M, and float is at 115.14M with Short Float at 10.26%. Institutions hold 93.22% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 9.92 million shares valued at $289.47 million. The investor’s holdings represent 9.42% of the SPR Shares outstanding. As of Jun 29, 2023, the second largest holder is Price (T.Rowe) Associates Inc with 9.59 million shares valued at $279.95 million to account for 9.11% of the shares outstanding. The other top investors are FMR, LLC which holds 6.75 million shares representing 6.41% and valued at over $197.11 million, while Blackrock Inc. holds 5.72% of the shares totaling 6.02 million with a market value of $175.82 million.
