Spirit AeroSystems Holdings, Inc. (NYSE:SPR – Get Free Report) has been given a consensus recommendation of “Hold” by the eighteen research firms that are presently covering the firm, MarketBeat Ratings reports. Sixteen equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $34.73.
Several research firms have recently weighed in on SPR. Sanford C. Bernstein reiterated a “market perform” rating on shares of Spirit AeroSystems in a report on Monday, July 8th. Baird R W cut Spirit AeroSystems from a “strong-buy” rating to a “hold” rating in a report on Friday, July 12th. Wolfe Research restated a “peer perform” rating on shares of Spirit AeroSystems in a report on Wednesday, July 10th. Benchmark reiterated a “hold” rating on shares of Spirit AeroSystems in a report on Thursday, June 20th. Finally, StockNews.com began coverage on Spirit AeroSystems in a research note on Sunday, September 29th. They issued a “sell” rating on the stock.
Read Our Latest Report on Spirit AeroSystems
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Spirit AeroSystems Stock Down 2.3 %
SPR opened at $32.08 on Tuesday. The company has a fifty day simple moving average of $34.06 and a 200 day simple moving average of $33.22. The stock has a market cap of $3.74 billion, a P/E ratio of -3.69 and a beta of 1.85. Spirit AeroSystems has a 12 month low of $15.45 and a 12 month high of $37.08.
Spirit AeroSystems (NYSE:SPR – Get Free Report) last released its quarterly earnings results on Monday, August 5th. The aerospace company reported ($2.73) EPS for the quarter, missing analysts’ consensus estimates of ($0.98) by ($1.75). The firm had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the prior year, the company posted ($1.46) earnings per share. Spirit AeroSystems’s revenue for the quarter was up 9.3% compared to the same quarter last year. On average, equities research analysts expect that Spirit AeroSystems will post -5.57 earnings per share for the current fiscal year.
About Spirit AeroSystems
Spirit AeroSystems Holdings, Inc engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and wing systems.
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