Spirit Aerosystems Holdings Inc [NYSE: SPR] stock went on an upward path that rose over 5.22% on Wednesday, amounting to a one-week price increase of more than 11.52%.
Over the last 12 months, SPR stock rose by 15.90%. The one-year Spirit Aerosystems Holdings Inc stock forecast points to a potential downside of -2.6. The average equity rating for SPR stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $4.64 billion, with 117.51 million shares outstanding and 116.64 million shares in the current float. Compared to the average trading volume of 1.12M shares, SPR stock reached a trading volume of 11520666 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $38.50 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 3.00. 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.
SPR Stock Performance Analysis:
Spirit Aerosystems Holdings Inc [SPR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.52. With this latest performance, SPR shares gained by 8.25% in over the last four-week period, additionally plugging by 4.53% over the last 6 months – not to mention a rise of 15.90% 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 66.85, with the RSI for the last a single of trading hit 1.09, and the three-weeks RSI is set at 0.93 for Spirit Aerosystems Holdings Inc [SPR]. The present Moving Average for the last 50 days of trading for this stock 37.56, while it was recorded at 37.15 for the last single week of trading, and 37.31 for the last 200 days.
Insight into Spirit Aerosystems Holdings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Spirit Aerosystems Holdings Inc [SPR] shares currently have an operating margin of -33.86% and a Gross Margin at -27.68%. Spirit Aerosystems Holdings Inc’s Net Margin is presently recorded at -40.65%.
Spirit Aerosystems Holdings Inc (SPR) Capital Structure & Debt Analysis
Spirit Aerosystems Holdings Inc (SPR) Efficiency & Liquidity Metrics
Spirit Aerosystems Holdings Inc (SPR) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Spirit Aerosystems Holdings Inc. (SPR) effectively leverages its workforce, generating an average of -$127638.68 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.68% and a Quick Ratio of 0.46%, indicating strong ability to cover short-term liabilities.
SPR Stock EPS
With the latest financial reports released by the company, Spirit Aerosystems Holdings Inc posted -4.22/share EPS, while the average EPS was predicted by analysts to be reported at -3.01/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -1.21. 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.
Spirit Aerosystems Holdings Inc [SPR] Institutonal Ownership Details
There are presently around $97.64%, or 98.40%% 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 14.6066%. 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 7.7324%.
