Spirit AeroSystems Stock Forecast, Price & News

Spirit AeroSystems' stock was trading at $39.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SPR shares have decreased by 46.5% and is now trading at $20.95.
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17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit AeroSystems in the last year. There are currently 3 sell ratings, 11 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Spirit AeroSystems is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
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Spirit AeroSystems Holdings, Inc. (NYSE:SPR) announced its earnings results on Tuesday, August, 4th. The aerospace company reported ($2.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($1.19) by $1.09. The aerospace company earned $645 million during the quarter, compared to the consensus estimate of $782.03 million. Spirit AeroSystems had a negative net margin of 3.93% and a negative return on equity of 6.11%. The company's quarterly revenue was down 68.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.71 earnings per share.
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Spirit AeroSystems declared a quarterly dividend on Wednesday, July 15th. Shareholders of record on Monday, September 14th will be given a dividend of $0.01 per share on Monday, October 5th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.19%. The ex-dividend date is Friday, September 11th.
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17 Wall Street analysts have issued 12 month price targets for Spirit AeroSystems' shares. Their forecasts range from $12.00 to $96.00. On average, they anticipate Spirit AeroSystems' share price to reach $32.88 in the next year. This suggests a possible upside of 56.9% from the stock's current price.
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Spirit AeroSystems saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 10,600,000 shares, a decrease of 15.4% from the August 15th total of 12,530,000 shares. Based on an average trading volume of 5,100,000 shares, the short-interest ratio is currently 2.1 days.
View Spirit AeroSystems' Short Interest.

Some companies that are related to Spirit AeroSystems include Honeywell International (HON), Lockheed Martin (LMT), Boeing (BA), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Axon Enterprise (AAXN), Curtiss-Wright (CW), Hexcel (HXL), Aerojet Rocketdyne (AJRD) and Kratos Defense & Security Solutions (KTOS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit AeroSystems investors own include Boeing (BA), Halliburton (HAL), Micron Technology (MU), Pfizer (PFE), Delta Air Lines (DAL), Intel (INTC), Walt Disney (DIS), Alibaba Group (BABA), Gilead Sciences (GILD) and Johnson & Johnson (JNJ).

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

Spirit AeroSystems' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.92%), Sculptor Capital LP (4.94%), LSV Asset Management (2.75%), Goldman Sachs Group Inc. (1.00%), First Trust Advisors LP (1.00%) and Federated Hermes Inc. (0.91%). Company insiders that own Spirit AeroSystems stock include John A Pilla, Paul E Fulchino, Robert D Johnson and Stacy Cozad.
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SPR stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Vanguard Group Inc., LSV Asset Management, Kingstown Capital Management L.P., Nuveen Asset Management LLC, J. L. Bainbridge & Co. Inc., Russell Investments Group Ltd., and Prudential PLC.
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SPR stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Federated Hermes Inc., Point72 Asset Management L.P., Quaker Capital Investments LLC, New York State Common Retirement Fund, Penn Davis Mcfarland Inc., Goldman Sachs Group Inc., and Sculptor Capital LP.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of SPR stock can currently be purchased for approximately $20.95.

Spirit AeroSystems has a market capitalization of $2.21 billion and generates $7.86 billion in revenue each year. The aerospace company earns $530.10 million in net income (profit) each year or $5.54 on an earnings per share basis. Spirit AeroSystems employs 18,200 workers across the globe.

The official website for Spirit AeroSystems is www.spiritaero.com.

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]