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

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$98.00 +1.88 (+1.96 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$96.12
Today's Range$96.53 - $98.08
52-Week Range$64.48 - $98.08
Volume899,262 shs
Average Volume968,518 shs
Market Capitalization$10.33 billion
P/E Ratio15.65
Dividend Yield0.50%
Beta1.28
Spirit AeroSystems Holdings, Inc. designs, manufactures, and supplies commercial aero structures in the United States and internationally. The company operates in 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 related spares, as well as 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. Spirit AeroSystems Holdings, Inc. also offers low observables comprising radar absorbent and translucent materials; rotorcrafts that include forward cockpits and cabins; and other military services, such as 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.

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Industry, Sector and Symbol

Industry Aircraft parts & equipment, not elsewhere classified
Sub-IndustryAerospace & Defense
SectorAerospace
CUSIP84857410
Phone316-526-9000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.22 billion
Cash Flow$8.8448 per share
Book Value$11.74 per share

Profitability

Net Income$617 million

Miscellaneous

Employees17,000
Market Cap$10.33 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

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 Thursday, January 24th. Stockholders of record on Monday, March 18th will be paid a dividend of $0.12 per share on Monday, April 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date of this dividend is Friday, March 15th. View Spirit AeroSystems' Dividend History.

How will Spirit AeroSystems' stock buyback program work?

Spirit AeroSystems announced that its Board of Directors has authorized a stock buyback plan 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 buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication 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) posted its earnings results on Friday, February, 1st. The aerospace company reported $1.85 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.78 by $0.07. The aerospace company earned $1.84 billion during the quarter, compared to the consensus estimate of $1.85 billion. Spirit AeroSystems had a return on equity of 55.88% and a net margin of 8.54%. The firm's quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.32 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, May 1st 2019. View Earnings Estimates for Spirit AeroSystems.

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

Spirit AeroSystems updated its FY19 earnings guidance on Friday, February, 1st. The company provided earnings per share (EPS) guidance of $7.35-7.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.44. The company issued revenue guidance of $8-8.2 billion, compared to the consensus revenue estimate of $7.79 billion.Spirit AeroSystems also updated its FY 2019 guidance to $7.35-7.60 EPS.

What price target have analysts set for SPR?

13 brokers have issued 12-month target prices for Spirit AeroSystems' stock. Their forecasts range from $95.00 to $117.00. On average, they expect Spirit AeroSystems' stock price to reach $105.1667 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Price Targets for Spirit AeroSystems.

What is the consensus analysts' recommendation for Spirit AeroSystems?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit AeroSystems in the last year. There are currently 1 hold rating and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spirit AeroSystems.

Has Spirit AeroSystems been receiving favorable news coverage?

News stories about SPR stock have been trending positive this week, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Spirit AeroSystems earned a news sentiment score of 2.7 on InfoTrie's scale. They also assigned news headlines about the aerospace company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Spirit AeroSystems' key competitors?

What other stocks do shareholders of Spirit AeroSystems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit AeroSystems investors own include Boeing (BA), General Electric (GE), QUALCOMM (QCOM), Alibaba Group (BABA), Exxon Mobil (XOM), Walt Disney (DIS), Halliburton (HAL), Broadcom (AVGO), Intel (INTC) and Ford Motor (F).

Who are Spirit AeroSystems' key executives?

Spirit AeroSystems' management team includes the folowing people:
  • Mr. Thomas C. Gentile III, Pres, CEO & Director (Age 55)
  • Ms. Samantha J. Marnick, Exec. VP and Chief Admin. Officer & Strategy (Age 48)
  • Mr. Duane F. Hawkins, Sr. VP and Pres of Defense & Fabrication (Age 60)
  • Ms. Michelle J. Lohmeier, Sr. Advisor (Age 56)
  • Mr. Jose Ignacio Garcia, Sr. VP & CFO (Age 46)

Who are Spirit AeroSystems' major shareholders?

Spirit AeroSystems' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.96%), LSV Asset Management (4.75%), Hound Partners LLC (4.63%), Barrow Hanley Mewhinney & Strauss LLC (3.08%), D. E. Shaw & Co. Inc. (2.20%) and Prudential PLC (1.63%). Company insiders that own Spirit AeroSystems stock include Charles L Chadwell, Duane F Hawkins, John A Pilla, Laura Wright, Michelle Lohmeier, Paul E Fulchino, Richard A Gephardt, Robert D Johnson, Stacy Cozad and William Edward Brown. View Institutional Ownership Trends for Spirit AeroSystems.

Which major investors are selling Spirit AeroSystems stock?

SPR stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Barrow Hanley Mewhinney & Strauss LLC, Hound Partners LLC, Unigestion Holding SA, Boston Partners, D. E. Shaw & Co. Inc., LSV Asset Management and BlackRock Inc.. Company insiders that have sold Spirit AeroSystems company stock in the last year include Charles L Chadwell, Duane F Hawkins, John A Pilla, Michelle Lohmeier, Paul E Fulchino, Richard A Gephardt, Robert D Johnson and Stacy Cozad. View Insider Buying and Selling for Spirit AeroSystems.

Which major investors are buying Spirit AeroSystems stock?

SPR stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, O Shaughnessy Asset Management LLC, Altimeter Capital Management LP, Geode Capital Management LLC, Gotham Asset Management LLC, Bank of Montreal Can, Foresters Investment Management Company Inc. and Fjarde AP Fonden Fourth Swedish National Pension Fund. 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 $98.00.

How big of a company is Spirit AeroSystems?

Spirit AeroSystems has a market capitalization of $10.33 billion and generates $7.22 billion in revenue each year. The aerospace company earns $617 million in net income (profit) each year or $6.26 on an earnings per share basis. Spirit AeroSystems employs 17,000 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:  2.7 out of 5 (star star)
Outperform Votes:  590 (Vote Outperform)
Underperform Votes:  521 (Vote Underperform)
Total Votes:  1,111
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 2/22/2019 by MarketBeat.com Staff

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