Market Watch: Spirit Aerosystems Holdings Inc (SPR)’s Noteworthy Gain, Closing at 31.66

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As of close of business last night, Spirit Aerosystems Holdings Inc’s stock clocked out at $31.66, up 1.67% from its previous closing price of $31.14. In other words, the price has increased by $1.67 from its previous closing price. On the day, 3.57 million shares were traded. SPR stock price reached its highest trading level at $32.15 during the session, while it also had its lowest trading level at $30.19.

Ratios:

To gain a deeper understanding of SPR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.52.

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 3690036224 and an Enterprise Value of 7507042816. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58. Its current Enterprise Value per Revenue stands at 1.188 whereas that against EBITDA is -23.585.

Stock Price History:

The Beta on a monthly basis for SPR is 1.83, which has changed by 0.12669039 over the last 52 weeks, in comparison to a change of 0.2586832 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 0.34%, while the 200-Day Moving Average is calculated to be 14.72%.

Shares Statistics:

It appears that SPR traded 2.20M shares on average per day over the past three months and 2141430 shares per day over the past ten days. A total of 116.05M shares are outstanding, with a floating share count of 115.57M. Insiders hold about 0.84% of the company’s shares, while institutions hold 95.40% stake in the company. Shares short for SPR as of 1715731200 were 9548748 with a Short Ratio of 4.44, compared to 1713139200 on 9887713. Therefore, it implies a Short% of Shares Outstanding of 9548748 and a Short% of Float of 8.2600005.

Dividends & Splits

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

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