After finishing at $35.12 in the prior trading day, Spirit Aerosystems Holdings Inc (NYSE: SPR) closed at $35.65, up 1.51%. In other words, the price has increased by $+0.53 from its previous closing price. On the day, 1603858 shares were traded.
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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 4.14B and an Enterprise Value of 7.50B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68. Its current Enterprise Value per Revenue stands at 1.24 whereas that against EBITDA is 182.85.
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 30.45, while the 200-Day Moving Average is calculated to be 26.11.
Shares Statistics:
The stock has traded on average 4.36M shares per day over the past 3-months and 2.95M 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 115.14M. Insiders hold about 0.79% of the company’s shares, while institutions hold 93.09% stake in the company. Shares short for SPR as of Feb 29, 2024 were 11.82M with a Short Ratio of 2.27, compared to 12.31M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.18% and a Short% of Float of 10.25%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.40.
Earnings Estimates
Its stock is currently analyzed by 14 different market analysts. On average, analysts expect EPS of -$0.23 for the current quarter, with a high estimate of $0.64 and a low estimate of -$0.87, while EPS last year was -$1.69. The consensus estimate for the next quarter is -$0.12, with high estimates of $0.12 and low estimates of -$0.61.
Analysts are recommending an EPS of between $1.95 and -$0.8 for the fiscal current year, implying an average EPS of $0.34. EPS for the following year is $2.08, with 17 analysts recommending between $3.3 and $1.2.
Revenue Estimates
16 analysts predict $1.69B in revenue for the current quarter. It ranges from a high estimate of $1.88B to a low estimate of $1.34B. As of the current estimate, Spirit Aerosystems Holdings Inc’s year-ago sales were $1.52B, an estimated increase of 11.30% from the year-ago figure. For the next quarter, 16 analysts are estimating revenue of $1.8B, an increase of 31.90% over than the figure of $11.30% in the same quarter last year. There is a high estimate of $2.01B for the next quarter, whereas the lowest estimate is $1.58B.
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 $6.74B, resulting in an average revenue estimate of $7.4B. In the same quarter a year ago, actual revenue was $6.05B, up 22.40% from the average estimate. Based on 20 analysts’ estimates, the company’s revenue will be $8.56B in the next fiscal year. The high estimate is $9.48B and the low estimate is $7.39B. The average revenue growth estimate for next year is up 15.60% from the average revenue estimate for this year.
