Spirit Aerosystems Holdings Inc [NYSE: SPR] price plunged by -3.03 percent to reach at -$0.99.
The one-year SPR stock forecast points to a potential upside of 14.01. The average equity rating for SPR stock is currently 2.87, trading closer to a bullish pattern in the stock market.
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Guru’s Opinion on Spirit Aerosystems Holdings Inc [SPR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SPR shares is $36.82 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SPR stock is a recommendation set at 2.87. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Benchmark Company have made an estimate for Spirit Aerosystems Holdings Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on June 20, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price from $27 to $35. The new note on the price target was released on February 08, 2024, representing the official price target for Spirit Aerosystems Holdings Inc stock.
The Average True Range (ATR) for Spirit Aerosystems Holdings Inc is set at 0.76, with the Price to Sales ratio for SPR stock in the period of the last 12 months amounting to 0.57.
SPR Stock Performance Analysis:
Spirit Aerosystems Holdings Inc [SPR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.71. With this latest performance, SPR shares dropped by -3.59% in over the last four-week period, additionally sinking by -0.47% over the last 6 months – not to mention a rise of 42.93% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SPR stock in for the last two-week period is set at 43.12, with the RSI for the last a single of trading hit 42.29, and the three-weeks RSI is set at 43.66 for Spirit Aerosystems Holdings Inc [SPR]. The present Moving Average for the last 50 days of trading for this stock 33.24, while it was recorded at 32.38 for the last single week of trading, and 32.26 for the last 200 days.
Insight into Spirit Aerosystems Holdings Inc Fundamentals:
Spirit Aerosystems Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.56 and a Current Ratio set at 1.15.
SPR Stock EPS
With the latest financial reports released by the company, Spirit Aerosystems Holdings Inc posted -1.42/share EPS, while the average EPS was predicted by analysts to be reported at -1.54/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.12. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SPR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Spirit Aerosystems Holdings Inc go to 8.50%.
Spirit Aerosystems Holdings Inc [SPR] Institutonal Ownership Details
There are presently around $101.58%, or 102.53%% of SPR stock, in the hands of institutional investors. The top three institutional holders of SPR stocks are: FMR LLC with ownership of 17.03 million shares, which is approximately 14.6568%. VANGUARD GROUP INC, holding 10.83 million shares of the stock with an approximate value of $$356.03 million in SPR stocks shares; and VANGUARD GROUP INC, currently with $$296.36 million in SPR stock with ownership which is approximately 7.759%.
