Spirit Aerosystems Holdings Inc (NYSE: SPR) is 10.89% higher on its value in year-to-date trading and has touched a low of $27.00 and a high of $38.43 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 $38.19 in the last trading session, with the day’s loss setting it -0.4%.
Currently trading at $37.79, the stock is 1.35% and 7.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing -1.05% at the moment leaves the stock 11.88% off its SMA200. SPR registered 24.64% gain for a year compared to 6-month gain of 16.78%. The firm has a 50-day simple moving average (SMA 50) of $35.2896 and a 200-day simple moving average (SMA200) of $33.77695.
The stock witnessed a 5.41% loss in the last 1 month and extending the period to 3 months gives it a 11.87%, and is 1.26% up 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 1.25% over the week and 0.89% over the month.
Spirit Aerosystems Holdings Inc (SPR) has around 20370 employees, a market worth around $4.43B and $6.14B in sales. Fwd P/E is 22.48. Profit margin for the company is -34.81%. Distance from 52-week low is 39.96% and -1.67% from its 52-week high. The company has generated returns on investments over the last 12 months (-255.01%).
with sales reaching $1.82B over the same period.The EPS is expected to grow by 91.51% this year, but quarterly earnings will post 20.97% year-over-year. Quarterly sales are estimated to grow 21.93% in year-over-year returns.
371.0 institutions hold shares in Spirit Aerosystems Holdings Inc (SPR), with institutional investors hold 92.61% of the company’s shares. The shares outstanding are 117.32M, and float is at 116.01M with Short Float at 9.31%. Institutions hold 91.97% 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 9.2894 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 $$296.36 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 7.0477 of the shares totaling 8.22 million with a market value of $$270.11 million.
