Shares of Spirit Aerosystems Holdings, Inc. (NYSE:SPR - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $39.18 and last traded at $38.76, with a volume of 617327 shares. The stock had previously closed at $38.91.
Spirit Aerosystems Stock Up 0.3%
The business has a 50-day moving average price of $37.47 and a two-hundred day moving average price of $35.14. The company has a market cap of $4.68 billion, a P/E ratio of -2.19 and a beta of 1.61.
Spirit Aerosystems (NYSE:SPR - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The aerospace company reported ($4.25) EPS for the quarter, missing analysts' consensus estimates of ($1.14) by ($3.11). The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.74 billion. The company's revenue was down 10.6% compared to the same quarter last year. During the same period in the previous year, the company earned ($3.93) EPS. As a group, sell-side analysts expect that Spirit Aerosystems Holdings, Inc. will post -11.88 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in SPR. SBI Securities Co. Ltd. acquired a new position in Spirit Aerosystems in the fourth quarter valued at about $32,000. Farther Finance Advisors LLC grew its stake in Spirit Aerosystems by 48.1% in the second quarter. Farther Finance Advisors LLC now owns 1,029 shares of the aerospace company's stock valued at $39,000 after acquiring an additional 334 shares during the period. Headlands Technologies LLC acquired a new position in shares of Spirit Aerosystems during the fourth quarter worth about $67,000. Vestcor Inc acquired a new position in shares of Spirit Aerosystems during the fourth quarter worth about $97,000. Finally, Senator Investment Group LP boosted its position in shares of Spirit Aerosystems by 415.3% during the fourth quarter. Senator Investment Group LP now owns 92,000 shares of the aerospace company's stock worth $124,000 after buying an additional 74,145 shares during the period. 93.59% of the stock is owned by institutional investors and hedge funds.
Spirit Aerosystems Company Profile
(
Get Free Report)
Spirit AeroSystems Holdings, Inc engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and wing systems.
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