Balance Sheet Dive: Spirit Aerosystems Holdings Inc (SPR)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $32.90 in the prior trading day, Spirit Aerosystems Holdings Inc (NYSE: SPR) closed at $32.13, down -2.34%. In other words, the price has decreased by -$2.34 from its previous closing price. On the day, 4.26 million shares were traded. SPR stock price reached its highest trading level at $33.3 during the session, while it also had its lowest trading level at $31.6.

Ratios:

Our goal is to gain a better understanding of SPR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.71.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on February 08, 2024, Upgraded its rating to Outperform and sets its target price to $35 from $27 previously.

On January 17, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $39.Citigroup initiated its Buy rating on January 17, 2024, with a $39 target price.

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 3734309376 and an Enterprise Value of 7175358464. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62. Its current Enterprise Value per Revenue stands at 1.186 whereas that against EBITDA is 84.715.

Stock Price History:

Over the past 52 weeks, SPR has reached a high of $36.34, while it has fallen to a 52-week low of $14.65. The 50-Day Moving Average of the stock is -1.82%, while the 200-Day Moving Average is calculated to be 21.29%.

Shares Statistics:

The stock has traded on average 3.59M shares per day over the past 3-months and 2323500 shares per day over the last 10 days, according to various share statistics. A total of 116.05M shares are outstanding, with a floating share count of 115.28M. Insiders hold about 0.82% of the company’s shares, while institutions hold 98.01% stake in the company. Shares short for SPR as of 1711584000 were 10231299 with a Short Ratio of 2.85, compared to 1709164800 on 11817047. Therefore, it implies a Short% of Shares Outstanding of 10231299 and a Short% of Float of 8.870000000000001.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.4.

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