Spirit Aerosystems Holdings Inc (NYSE: SPR) is 0.98% higher on its value in year-to-date trading and has touched a low of $25.16 and a high of $37.08 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 $32.21 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $32.09, the stock is 0.75% and 0.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.83 million and changing -0.37% at the moment leaves the stock -2.32% off its SMA200. SPR registered 14.57% gain for a year compared to 6-month gain of 7.25%. The firm has a 50-day simple moving average (SMA 50) of $32.0294 and a 200-day simple moving average (SMA200) of $32.83945.
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The stock witnessed a 3.99% loss in the last 1 month and extending the period to 3 months gives it a -3.89%, and is -2.02% down 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 1.83% over the week and 2.44% over the month.
Spirit Aerosystems Holdings Inc (SPR) has around 20655 employees, a market worth around $3.73B and $6.48B in sales. Profit margin for the company is -22.39%. Distance from 52-week low is 27.54% and -13.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-68.55%).
The EPS is expected to shrink by -163.51% this year.
Spirit Aerosystems Holdings Inc (SPR) Top Institutional Holders
370.0 institutions hold shares in Spirit Aerosystems Holdings Inc (SPR), with institutional investors hold 94.94% of the company’s shares. The shares outstanding are 116.63M, and float is at 115.81M with Short Float at 9.40%. Institutions hold 94.09% of the Float.
The top institutional shareholder in the company is FMR LLC with over 17.03 million shares valued at $559.82 million. The investor’s holdings represent 14.6568% of the SPR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.83 million shares valued at $356.03 million to account for 9.3213 of the shares outstanding. The other top investors are PENTWATER CAPITAL MANAGEMENT LP which holds 9.02 million shares representing 7.759% and valued at over $296.36 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 7.0719 of the shares totaling 8.22 million with a market value of $270.11 million.
Spirit Aerosystems Holdings Inc (SPR) Insider Activity
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