Spirit Aerosystems Holdings Inc (NYSE: SPR) is -2.67% lower on its value in year-to-date trading and has touched a low of $27.00 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 $29.90 in the last trading session, with the day’s gains setting it 3.27%.
Currently trading at $33.17, the stock is -1.36% and -2.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.22 million and changing 10.94% at the moment leaves the stock -0.91% off its SMA200. SPR registered -2.18% loss for a year compared to 6-month gain of 2.16%. The firm has a 50-day simple moving average (SMA 50) of $33.9156 and a 200-day simple moving average (SMA200) of $33.47575.
The stock witnessed a 1.00% loss in the last 1 month and extending the period to 3 months gives it a -1.34%, and is -2.64% 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 9.23% over the week and 3.56% over the month.
Spirit Aerosystems Holdings Inc (SPR) has around 20370 employees, a market worth around $3.89B and $6.32B in sales. Fwd P/E is 23.74. Profit margin for the company is -33.88%. Distance from 52-week low is 22.85% and -10.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-150.90%).
with sales reaching $1.75B over the same period.The EPS is expected to grow by 90.76% this year, but quarterly earnings will post 23.05% year-over-year. Quarterly sales are estimated to grow 3.00% in year-over-year returns.
363.0 institutions hold shares in Spirit Aerosystems Holdings Inc (SPR), with institutional investors hold 95.92% of the company’s shares. The shares outstanding are 117.27M, and float is at 115.96M with Short Float at 8.58%. Institutions hold 94.92% 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 14.6066 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.
