Spirit Aerosystems Holdings Inc (NYSE: SPR) is -0.67% lower on its value in year-to-date trading and has touched a low of $25.50 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 $34.01 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $33.85, the stock is -0.35% and 1.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.87 million and changing -0.47% at the moment leaves the stock 2.96% off its SMA200. SPR registered 23.27% gain for a year compared to 6-month loss of -4.05%. The firm has a 50-day simple moving average (SMA 50) of $33.2404 and a 200-day simple moving average (SMA200) of $32.875.
The stock witnessed a -0.67% gain in the last 1 month and extending the period to 3 months gives it a 2.92%, and is -0.12% 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 2.72% over the week and 2.07% over the month.
Spirit Aerosystems Holdings Inc (SPR) has around 20655 employees, a market worth around $3.97B and $6.48B in sales. Profit margin for the company is -22.39%. Distance from 52-week low is 32.75% and -8.71% 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 -192.53% this year.
Spirit Aerosystems Holdings Inc (SPR) Top Institutional Holders
361.0 institutions hold shares in Spirit Aerosystems Holdings Inc (SPR), with institutional investors hold 94.13% of the company’s shares. The shares outstanding are 116.63M, and float is at 115.95M with Short Float at 7.14%. Institutions hold 93.15% 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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