Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $40.82 in the prior trading day, Spirit Aerosystems Holdings Inc (NYSE: SPR) closed at $40.89, up 0.17%. In other words, the price has increased by $0.17 from its previous closing price. On the day, 0.69 million shares were traded. SPR stock price reached its highest trading level at $41.05 during the session, while it also had its lowest trading level at $40.585.
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 0.50 and its Current Ratio is at 0.77.
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 4801262592 and an Enterprise Value of 9870672896. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76. Its current Enterprise Value per Revenue stands at 1.572 whereas that against EBITDA is -6.828.
Stock Price History:
The Beta on a monthly basis for SPR is 1.74, which has changed by 0.15934217 over the last 52 weeks, in comparison to a change of 0.16461086 over the same period for the S&P500. Over the past 52 weeks, SPR has reached a high of $42.33, while it has fallen to a 52-week low of $27.00. The 50-Day Moving Average of the stock is 4.52%, while the 200-Day Moving Average is calculated to be 16.06%.
Shares Statistics:
The stock has traded on average 1.00M shares per day over the past 3-months and 634610 shares per day over the last 10 days, according to various share statistics. A total of 117.42M shares are outstanding, with a floating share count of 116.56M. Insiders hold about 0.73% of the company’s shares, while institutions hold 90.68% stake in the company. Shares short for SPR as of 1753920000 were 10022418 with a Short Ratio of 10.02, compared to 1751241600 on 9158968. Therefore, it implies a Short% of Shares Outstanding of 10022418 and a Short% of Float of 9.7600006.
