Stock Market Recap: Spirit Aerosystems Holdings Inc (SPR) Concludes at 31.10, a -4.98 Surge/Decline

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After finishing at $32.73 in the prior trading day, Spirit Aerosystems Holdings Inc (NYSE: SPR) closed at $31.10, down -4.98%. In other words, the price has decreased by -$4.98 from its previous closing price. On the day, 5.32 million shares were traded. SPR stock price reached its highest trading level at $32.76 during the session, while it also had its lowest trading level at $28.921.

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 0.56 and its Current Ratio is at 1.15.

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.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 14 ’24 when BILL BROWN bought 48,781 shares for $34.16 per share.

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 3635963136 and an Enterprise Value of 8555938304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56. Its current Enterprise Value per Revenue stands at 1.321 whereas that against EBITDA is -10.891.

Stock Price History:

Over the past 52 weeks, SPR has reached a high of $37.08, while it has fallen to a 52-week low of $20.98. The 50-Day Moving Average of the stock is -5.08%, while the 200-Day Moving Average is calculated to be -4.25%.

Shares Statistics:

The stock has traded on average 1.48M shares per day over the past 3-months and 1655270 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 115.54M. Insiders hold about 0.93% of the company’s shares, while institutions hold 100.85% stake in the company. Shares short for SPR as of 1728950400 were 9349929 with a Short Ratio of 6.30, compared to 1726185600 on 10081671. Therefore, it implies a Short% of Shares Outstanding of 9349929 and a Short% of Float of 8.08.

Dividends & Splits

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

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