NYSE:SPR - Spirit AeroSystems Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$82.55 -0.29 (-0.35 %)
(As of 10/19/2018 04:00 PM ET)
Previous Close$82.55
Today's Range$82.27 - $84.06
52-Week Range$76.00 - $105.20
Volume1.06 million shs
Average Volume1.07 million shs
Market Capitalization$8.82 billion
P/E Ratio15.60
Dividend Yield0.58%
Beta1.26
Spirit AeroSystems Holdings, Inc., through its subsidiaries, designs, manufactures, and supplies commercial aero structures worldwide. It operates through three segments: Fuselage Systems, Propulsion Systems, and Wing Systems. The Fuselage Systems segment develops, produces, and markets forward, mid, and rear fuselage sections and systems primarily to aircraft original equipment manufacturers (OEMs); and offers related spares and maintenance, repairs, and overhaul (MRO) services. The Propulsion Systems segment offers struts/pylons; nacelles, including thrust reversers; and related engine structural components primarily to aircraft or engine OEMs, as well as related spares and MRO services. The Wing Systems provides wings and wing components, such as flight control surfaces; and other miscellaneous structural parts primarily to aircraft OEMs, as well as related spares and MRO services. It also offers low observables comprising radar absorbent and translucent materials; rotorcrafts that include forward cockpits and cabins; and other military services, which comprise fabrication, bonding, assembly, testing, tooling, processing, engineering analysis, and training. The company was formerly known as Mid-Western Aircraft Systems Holdings, Inc. Spirit AeroSystems Holdings, Inc. was founded in 1927 and is headquartered in Wichita, Kansas.

Receive SPR News and Ratings via Email

Sign-up to receive the latest news and ratings for SPR and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Aircraft parts & equipment, not elsewhere classified
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNYSE:SPR
CUSIP84857410
Phone316-526-9000

Debt

Debt-to-Equity Ratio1.95
Current Ratio1.52
Quick Ratio1.04

Price-To-Earnings

Trailing P/E Ratio15.60
Forward P/E Ratio13.31
P/E Growth1.23

Sales & Book Value

Annual Sales$6.98 billion
Price / Sales1.26
Cash Flow$7.3903 per share
Price / Cash11.17
Book Value$15.74 per share
Price / Book5.24

Profitability

EPS (Most Recent Fiscal Year)$5.35
Net Income$354.90 million
Net Margins7.68%
Return on Equity39.74%
Return on Assets11.10%

Miscellaneous

Employees13,700
Outstanding Shares106,500,000
Market Cap$8.82 billion

Spirit AeroSystems (NYSE:SPR) Frequently Asked Questions

What is Spirit AeroSystems' stock symbol?

Spirit AeroSystems trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPR."

How often does Spirit AeroSystems pay dividends? What is the dividend yield for Spirit AeroSystems?

Spirit AeroSystems declared a quarterly dividend on Wednesday, July 25th. Stockholders of record on Monday, September 17th will be given a dividend of $0.12 per share on Tuesday, October 9th. This represents a $0.48 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Friday, September 14th. View Spirit AeroSystems' Dividend History.

How will Spirit AeroSystems' stock buyback program work?

Spirit AeroSystems declared that its board has initiated a share repurchase program on Sunday, February 4th 2018, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

How were Spirit AeroSystems' earnings last quarter?

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) announced its earnings results on Wednesday, August, 1st. The aerospace company reported $1.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.51 by $0.12. The aerospace company had revenue of $1.84 billion for the quarter, compared to analysts' expectations of $1.85 billion. Spirit AeroSystems had a return on equity of 39.74% and a net margin of 7.68%. Spirit AeroSystems's revenue was up .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.57 EPS. View Spirit AeroSystems' Earnings History.

When is Spirit AeroSystems' next earnings date?

Spirit AeroSystems is scheduled to release their next quarterly earnings announcement on Wednesday, October 31st 2018. View Earnings Estimates for Spirit AeroSystems.

What guidance has Spirit AeroSystems issued on next quarter's earnings?

Spirit AeroSystems issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share guidance of $6.25-6.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.30. The company issued revenue guidance of $7.1-7.2 billion, compared to the consensus revenue estimate of $7.26 billion.

What price target have analysts set for SPR?

17 analysts have issued 1-year target prices for Spirit AeroSystems' stock. Their forecasts range from $85.00 to $129.00. On average, they expect Spirit AeroSystems' stock price to reach $104.3750 in the next twelve months. This suggests a possible upside of 26.4% from the stock's current price. View Analyst Price Targets for Spirit AeroSystems.

What is the consensus analysts' recommendation for Spirit AeroSystems?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit AeroSystems in the last year. There are currently 1 sell rating, 3 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spirit AeroSystems.

What are Wall Street analysts saying about Spirit AeroSystems stock?

Here are some recent quotes from research analysts about Spirit AeroSystems stock:
  • 1. According to Zacks Investment Research, "Spirit AeroSystems ended second quarter of 2018 on a mixed note. While its bottom line surpassed the Zacks Consensus Estimate, top line failed to meet the consensus mark. The company is one of the largest independent non-OEM aircraft parts designers. Accelerated defense-related activities within the United States has been contributing to the company’s Fuselage Systems unit’s top-line growth. Spirit AeroSystems has outperformed the industry in the last year. However, the company operates in a highly competitive market. In order to keep up with other players in this space, the company needs to invest substantially for technological progress that would increase capital expenses and in turn may adversely affect its operations and financial condition." (8/3/2018)
  • 2. Canaccord Genuity analysts commented, "We spent time on the road with management of Spirit AeroSystems (SPR). We believe management remains very confident in the near- and long-term outlook for the company now that it has finalized agreements with both Boeing and Airbus, and much of its financial and operational performance is now directly under its control. We continue to like SPR for its exposure to the 737, and believe that as sentiment on the commercial cycle remains positive, SPR will see a gradual grind higher as it executes to its plan. We are maintaining our BUY rating and our $86 price target." (11/17/2017)

Who are some of Spirit AeroSystems' key competitors?

Who are Spirit AeroSystems' key executives?

Spirit AeroSystems' management team includes the folowing people:
  • Mr. Thomas C. Gentile III, Pres, CEO & Director (Age 54)
  • Mr. Sanjay Kapoor, Exec. VP & CFO (Age 58)
  • Ms. Samantha J. Marnick, Exec. VP and Chief Admin. Officer & Strategy (Age 47)
  • Mr. Duane F. Hawkins, Sr. VP and GM of Boeing, Defense, Regional Jet Programs & Global Customer Support (Age 59)
  • Ms. Michelle J. Lohmeier, Sr. VP & GM of Airbus Programs (Age 55)

Who are Spirit AeroSystems' major shareholders?

Spirit AeroSystems' stock is owned by a number of of institutional and retail investors. Top institutional investors include MERIAN GLOBAL INVESTORS UK Ltd (0.72%), First Manhattan Co. (0.37%), State of New Jersey Common Pension Fund D (0.28%), Factory Mutual Insurance Co. (0.28%), Bank of Montreal Can (0.22%) and Aperio Group LLC (0.05%). Company insiders that own Spirit AeroSystems stock include Charles L Chadwell, Duane F Hawkins, John A Pilla, John L Plueger, Laura Wright, Michelle Lohmeier, Richard A Gephardt, Robert D Johnson, Stacy Cozad and William Edward Brown. View Institutional Ownership Trends for Spirit AeroSystems.

Which institutional investors are selling Spirit AeroSystems stock?

SPR stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of New Jersey Common Pension Fund D, Nisa Investment Advisors LLC, Strs Ohio, First Manhattan Co. and State of Alaska Department of Revenue. Company insiders that have sold Spirit AeroSystems company stock in the last year include Charles L Chadwell, Duane F Hawkins, Michelle Lohmeier, Richard A Gephardt, Robert D Johnson, Stacy Cozad and William Edward Brown. View Insider Buying and Selling for Spirit AeroSystems.

Which institutional investors are buying Spirit AeroSystems stock?

SPR stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, First American Bank, Factory Mutual Insurance Co., Aperio Group LLC and DNB Asset Management AS. Company insiders that have bought Spirit AeroSystems stock in the last two years include John L Plueger and Laura Wright. View Insider Buying and Selling for Spirit AeroSystems.

How do I buy shares of Spirit AeroSystems?

Shares of SPR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Spirit AeroSystems' stock price today?

One share of SPR stock can currently be purchased for approximately $82.55.

How big of a company is Spirit AeroSystems?

Spirit AeroSystems has a market capitalization of $8.82 billion and generates $6.98 billion in revenue each year. The aerospace company earns $354.90 million in net income (profit) each year or $5.35 on an earnings per share basis. Spirit AeroSystems employs 13,700 workers across the globe.

What is Spirit AeroSystems' official website?

The official website for Spirit AeroSystems is http://www.spiritaero.com.

How can I contact Spirit AeroSystems?

Spirit AeroSystems' mailing address is 3801 SOUTH OLIVER, WICHITA KS, 67210. The aerospace company can be reached via phone at 316-526-9000 or via email at [email protected]


MarketBeat Community Rating for Spirit AeroSystems (NYSE SPR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  544 (Vote Outperform)
Underperform Votes:  487 (Vote Underperform)
Total Votes:  1,031
MarketBeat's community ratings are surveys of what our community members think about Spirit AeroSystems and other stocks. Vote "Outperform" if you believe SPR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/20/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel