NYSE:SPRSpirit AeroSystems Stock Price, Forecast & News

$23.10

-0.69 (-2.90 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$23.06

Now: $23.10▼

$24.68

50-Day Range

$17.16

MA: $20.38▼

$24.35

52-Week Range

$13.69

Now: $23.10▼

$92.81

Volume3.90 million shs

Average Volume3.32 million shs

Market Capitalization$2.44 billion

P/E Ratio11.85

Dividend Yield0.17%

Beta1.48

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.

Beat the Market (BTM) Rank^™

4.0 Analyst's Opinion

Consensus Rating
Spirit AeroSystems has received a consensus rating of Hold. The company's average rating score is 2.07, and is based on 3 buy ratings, 10 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $52.50, Spirit AeroSystems has a potential upside of 127.3% from its current price of $23.10.
Amount of Analyst Coverage
Spirit AeroSystems has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
Spirit AeroSystems has received 788 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Spirit AeroSystems has received 745 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Spirit AeroSystems has received 51.40% “outperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Leadership
Spirit AeroSystems is a leading dividend payer. It pays a dividend yield of 0.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Spirit AeroSystems has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Spirit AeroSystems is 0.72 %. This payout ratio is at a healthy, sustainable level, below 75%.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Spirit AeroSystems insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.04% of the stock of Spirit AeroSystems is held by insiders.
Percentage Held by Institutions
93.50% of the stock of Spirit AeroSystems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Spirit AeroSystems are expected to grow in the coming year, from ($2.36) to ($0.10) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Spirit AeroSystems is 11.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of Spirit AeroSystems is 11.85, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 21.08.
Price to Book Value per Share Ratio
Spirit AeroSystems has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.40 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Aircraft parts & equipment, not elsewhere classified

Sub-IndustryAerospace & Defense

SectorAerospace

Current SymbolNYSE:SPR

Previous Symbol

CUSIP84857410

CIK1364885

Webwww.spiritaero.com

Phone316-526-9000

Debt

Debt-to-Equity Ratio2.07

Current Ratio2.81

Quick Ratio1.99

Price-To-Earnings

Trailing P/E Ratio11.85

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$7.86 billion

Price / Sales0.31

Cash Flow$8.49 per share

Price / Cash Flow2.72

Book Value$16.80 per share

Price / Book1.38

Profitability

EPS (Most Recent Fiscal Year)$5.54

Net Income$530.10 million

Net Margins2.92%

Return on Equity20.46%

Return on Assets4.66%

Miscellaneous

Employees18,200

Outstanding Shares105,543,000

Market Cap$2.44 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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Spirit AeroSystems (NYSE:SPR) Frequently Asked Questions

How has Spirit AeroSystems' stock been impacted by COVID-19 (Coronavirus)?

Spirit AeroSystems' stock was trading at $39.16 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SPR shares have decreased by 41.0% and is now trading at $23.10. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Spirit AeroSystems?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit AeroSystems in the last year. There are currently 2 sell ratings, 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Spirit AeroSystems.

When is Spirit AeroSystems' next earnings date?

Spirit AeroSystems is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Spirit AeroSystems.

How were Spirit AeroSystems' earnings last quarter?

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) issued its earnings results on Wednesday, May, 6th. The aerospace company reported ($0.79) earnings per share for the quarter, beating the Zacks' consensus estimate of ($1.42) by $0.63. The aerospace company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1 billion. Spirit AeroSystems had a return on equity of 20.46% and a net margin of 2.92%. The company's revenue for the quarter was down 44.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.68 EPS. View Spirit AeroSystems' earnings history.

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

Spirit AeroSystems announced a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Monday, June 15th will be paid a dividend of $0.01 per share on Monday, July 6th. This represents a $0.04 annualized dividend and a dividend yield of 0.17%. The ex-dividend date of this dividend is Friday, June 12th. View Spirit AeroSystems' dividend history.

What price target have analysts set for SPR?

15 equities research analysts have issued twelve-month target prices for Spirit AeroSystems' stock. Their forecasts range from $14.00 to $103.00. On average, they expect Spirit AeroSystems' stock price to reach $52.50 in the next year. This suggests a possible upside of 127.3% from the stock's current price. View analysts' price targets for Spirit AeroSystems.

Has Spirit AeroSystems been receiving favorable news coverage?

Media stories about SPR stock have trended very negative on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Spirit AeroSystems earned a media sentiment score of -3.5 on InfoTrie's scale. They also assigned news coverage about the aerospace company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutSpirit AeroSystems.

Are investors shorting Spirit AeroSystems?

Spirit AeroSystems saw a increase in short interest in May. As of May 15th, there was short interest totaling 5,280,000 shares, an increase of 42.3% from the April 30th total of 3,710,000 shares. Based on an average daily trading volume, of 3,310,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 5.1% of the shares of the stock are sold short. View Spirit AeroSystems' Current Options Chain.

Who are some of Spirit AeroSystems' key competitors?

Some companies that are related to Spirit AeroSystems include Lockheed Martin (LMT), Honeywell International (HON), Boeing (BA), United Technologies (UTX), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Huntington Ingalls Industries (HII), Textron (TXT), Axon Enterprise (AAXN), Curtiss-Wright (CW), Aerojet Rocketdyne (AJRD) and Hexcel (HXL). View all 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), Halliburton (HAL), Walt Disney (DIS), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), Micron Technology (MU), QUALCOMM (QCOM), General Electric (GE), Delta Air Lines (DAL) and Gilead Sciences (GILD).

Who are Spirit AeroSystems' key executives?

Spirit AeroSystems' management team includes the following people:

Mr. Thomas C. Gentile III, Pres, CEO & Director (Age 55)
Mr. John A. Pilla, Sr. VP and Chief Technology & Quality Officer (Age 59)
Mr. Duane F. Hawkins, Sr. VP and Pres of Defense & Fabrication (Age 60)
Mr. Jose Ignacio Garcia, Sr. VP & CFO (Age 46)
Mr. Ron Rabe, Sr. VP of Operations & Chief Procurement Officer (Age 53)

What is Spirit AeroSystems' stock symbol?

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

Who are Spirit AeroSystems' major shareholders?

Spirit AeroSystems' stock is owned by many different institutional and retail investors. Top institutional investors include Darsana Capital Partners LP (7.89%), BlackRock Inc. (6.56%), State Street Corp (3.57%), AQR Capital Management LLC (2.06%), Ceredex Value Advisors LLC (1.21%) and Geode Capital Management LLC (1.15%). Company insiders that own Spirit AeroSystems stock 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 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 AQR Capital Management LLC, APG Asset Management N.V., APG Asset Management N.V., Nuveen Asset Management LLC, Artemis Investment Management LLP, Artemis Investment Management LLP, BlackRock Inc., and Crescent Park Management L.P.. View insider buying and selling activity 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 Darsana Capital Partners LP, Kingstown Capital Management L.P., Baupost Group LLC MA, Penn Davis Mcfarland Inc., Rothschild & Co. Asset Management US Inc., Clearbridge Investments LLC, Federated Hermes Inc., and Hallmark Capital Management Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Spirit AeroSystems' stock price today?

One share of SPR stock can currently be purchased for approximately $23.10.

How big of a company is Spirit AeroSystems?

Spirit AeroSystems has a market capitalization of $2.44 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.

What is Spirit AeroSystems' official website?

The official website for Spirit AeroSystems is 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]

This page was last updated on 6/2/2020 by MarketBeat.com Staff