Spirit Aerosystems Holdings Inc (NYSE: SPR) is -0.91% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SPR stock was last observed hovering at around $33.78 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $33.77, the stock is 0.46% and 3.44% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.53 million and changing -0.03% at the moment leaves the stock 2.74% off its SMA200. SPR registered 29.83% gain for a year compared to 6-month loss of -5.27%. The firm has a 50-day simple moving average (SMA 50) of $32.6456 and a 200-day simple moving average (SMA200) of $32.87055.
The stock witnessed a 2.43% gain in the last 1 month and extending the period to 3 months gives it a 6.40%, and is -0.41% 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 1.82% over the week and 2.15% over the month.
Spirit Aerosystems Holdings Inc (SPR) has around 20655 employees, a market worth around $3.96B and $6.48B in sales. Fwd P/E is 244.11. Profit margin for the company is -22.39%. Distance from 52-week low is 34.22% and -8.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-68.55%).
with sales reaching $1.5B over the same period.The EPS is expected to shrink by -182.63% this year, but quarterly earnings will post 7.64% year-over-year. Quarterly sales are estimated to shrink -17.23% in year-over-year returns.
365.0 institutions hold shares in Spirit Aerosystems Holdings Inc (SPR), with institutional investors hold 94.02% of the company’s shares. The shares outstanding are 116.63M, and float is at 115.95M with Short Float at 7.85%. Institutions hold 93.03% 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.
