Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Spirit Aerosystems Holdings Inc (NYSE: SPR) closed at $36.49 in the last session, down -0.55% from day before closing price of $36.69. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 1.9 million shares were traded. SPR stock price reached its highest trading level at $36.885 during the session, while it also had its lowest trading level at $35.56.
Ratios:
We take a closer look at SPR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.68.
On February 08, 2024, TD Cowen Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $27 to $35.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SPR now has a Market Capitalization of 4288422400 and an Enterprise Value of 9484921856. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67. Its current Enterprise Value per Revenue stands at 1.484 whereas that against EBITDA is -5.315.
Stock Price History:
The Beta on a monthly basis for SPR is 1.70, which has changed by 0.12098992 over the last 52 weeks, in comparison to a change of 0.18286073 over the same period for the S&P500. Over the past 52 weeks, SPR has reached a high of $42.33, while it has fallen to a 52-week low of $27.00. The 50-Day Moving Average of the stock is -7.06%, while the 200-Day Moving Average is calculated to be -1.71%.
Shares Statistics:
According to the various share statistics, SPR traded on average about 898.05K shares per day over the past 3-months and 1107990 shares per day over the past 10 days. A total of 117.51M shares are outstanding, with a floating share count of 116.55M. Insiders hold about 0.74% of the company’s shares, while institutions hold 94.90% stake in the company. Shares short for SPR as of 1760486400 were 12740631 with a Short Ratio of 14.19, compared to 1757894400 on 10853502. Therefore, it implies a Short% of Shares Outstanding of 12740631 and a Short% of Float of 12.3900004.
Earnings Estimates
. The current market rating for Spirit Aerosystems Holdings Inc (SPR) reflects the collective analysis of 3.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.1, with high estimates of $0.1 and low estimates of $0.1.
Analysts are recommending an EPS of between -$6.31 and -$10.26 for the fiscal current year, implying an average EPS of -$8.13. EPS for the following year is $1.27, with 4.0 analysts recommending between $4.0 and -$0.41.
Revenue Estimates
According to 6 analysts,. The current quarter’s revenue is expected to be $2.23B. It ranges from a high estimate of $2.51B to a low estimate of $1.88B. As of. The current estimate, Spirit Aerosystems Holdings Inc’s year-ago sales were $1.65BFor the next quarter, 6 analysts are estimating revenue of $1.83B. There is a high estimate of $1.98B for the next quarter, whereas the lowest estimate is $1.66B.
A total of 7 analysts have provided revenue estimates for SPR’s current fiscal year. The highest revenue estimate was $8.18B, while the lowest revenue estimate was $6.88B, resulting in an average revenue estimate of $7.38B. In the same quarter a year ago, actual revenue was $6.32BBased on 7 analysts’ estimates, the company’s revenue will be $8.86B in the next fiscal year. The high estimate is $9.72B and the low estimate is $7.94B.
