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After finishing at $33.74 in the prior trading day, Spirit Aerosystems Holdings Inc (NYSE: SPR) closed at $33.37, down -1.10%. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 1.15 million shares were traded. SPR stock price reached its highest trading level at $34.25 during the session, while it also had its lowest trading level at $33.33.
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 3878428160 and an Enterprise Value of 7229903872. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64. Its current Enterprise Value per Revenue stands at 1.195 whereas that against EBITDA is 85.359.
Stock Price History:
The Beta on a monthly basis for SPR is 1.78, which has changed by 0.07023728 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. 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 3.30%, while the 200-Day Moving Average is calculated to be 26.31%.
Shares Statistics:
The stock has traded on average 3.76M shares per day over the past 3-months and 2134050 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 115.31M. Insiders hold about 0.79% of the company’s shares, while institutions hold 98.10% stake in the company. Shares short for SPR as of 1711584000 were 10231299 with a Short Ratio of 2.72, 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.
Earnings Estimates
A comprehensive evaluation of Spirit Aerosystems Holdings Inc (SPR) is underway, with the input of 14 analysts contributing to its current rating.On average, analysts expect EPS of -$0.42 for the current quarter, with a high estimate of $0.64 and a low estimate of -$1.07, while EPS last year was -$1.69. The consensus estimate for the next quarter is -$0.19, with high estimates of $0.12 and low estimates of -$0.61.
Analysts are recommending an EPS of between $1.95 and -$1.04 for the fiscal current year, implying an average EPS of $0.17. EPS for the following year is $1.98, with 17 analysts recommending between $3.3 and $1.25.
Revenue Estimates
17 analysts predict $1.63B in revenue for the current quarter. It ranges from a high estimate of $1.88B to a low estimate of $1.2B. As of the current estimate, Spirit Aerosystems Holdings Inc’s year-ago sales were $1.52B, an estimated increase of 7.20% from the year-ago figure. For the next quarter, 17 analysts are estimating revenue of $1.75B, an increase of 28.30% over than the figure of $7.20% in the same quarter last year. There is a high estimate of $2.01B for the next quarter, whereas the lowest estimate is $1.3B.
A total of 20 analysts have provided revenue estimates for SPR’s current fiscal year. The highest revenue estimate was $8.18B, while the lowest revenue estimate was $6.14B, resulting in an average revenue estimate of $7.31B. In the same quarter a year ago, actual revenue was $6.05B, up 20.90% from the average estimate. Based on 20 analysts’ estimates, the company’s revenue will be $8.49B in the next fiscal year. The high estimate is $9.48B and the low estimate is $7.25B. The average revenue growth estimate for next year is up 16.10% from the average revenue estimate for this year.
