Spirit Aerosystems Holdings Inc (NYSE: SPR) is -1.85% lower on its value in year-to-date trading and has touched a low of $28.92 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 -0.33%.
Currently trading at $33.45, the stock is -2.41% and -1.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing -0.98% at the moment leaves the stock 0.96% off its SMA200. SPR registered -2.59% loss for a year compared to 6-month gain of 0.39%.
The stock witnessed a -2.68% loss in the last 1 month and extending the period to 3 months gives it a 2.14%, and is -2.93% 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 2.20% over the week and 1.85% over the month.
Spirit Aerosystems Holdings Inc (SPR) has around 20370 employees, a market worth around $3.92B and $6.32B in sales. Fwd P/E is 22.69. Profit margin for the company is -33.88%. Distance from 52-week low is 15.66% and -9.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-150.90%).
with sales reaching $1.58B over the same period.The EPS is expected to grow by 92.00% this year, but quarterly earnings will post 24.95% year-over-year. Quarterly sales are estimated to shrink -7.39% in year-over-year returns.
The shares outstanding are 117.27M, and float is at 115.96M with Short Float at 8.79%.
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 7.7324 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.
