NYSE:SPR

Spirit AeroSystems Stock Forecast, Price & News

$38.77

-1.49 (-3.70 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$38.27

Now: $38.77▼

$40.26

50-Day Range

$33.76

MA: $38.14▼

$40.97

52-Week Range

$13.69

Now: $38.77▼

$70.51

Volume2.58 million shs

Average Volume2.92 million shs

Market Capitalization$4.10 billion

P/E RatioN/A

Dividend Yield0.10%

Beta1.39

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.

MarketRank^™

Overall MarketRank^™

1.58 out of 5 stars

2.2 Analyst's Opinion

Consensus Rating
Spirit AeroSystems has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 10 buy ratings, 7 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $34.89, Spirit AeroSystems has a forecasted downside of 10.0% from its current price of $38.77.
Amount of Analyst Coverage
Spirit AeroSystems has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
Spirit AeroSystems has received 809 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Spirit AeroSystems has received 761 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Spirit AeroSystems has received 51.53% “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.

0.8 Dividend Strength

Dividend Yield
Spirit AeroSystems has a dividend yield of 0.10%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Spirit AeroSystems has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Spirit AeroSystems is 0.72%. This payout ratio is at a healthy, sustainable level, below 75%.

1.7 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
80.82% of the stock of Spirit AeroSystems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Spirit AeroSystems are expected to grow in the coming year, from ($4.64) to ($1.81) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Spirit AeroSystems is -18.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Spirit AeroSystems is -18.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Spirit AeroSystems has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees18,200

Debt

Debt-to-Equity Ratio2.40

Current Ratio2.71

Quick Ratio1.86

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$7.86 billion

Price / Sales0.52

Cash Flow$16.09 per share

Price / Cash Flow2.41

Book Value$16.80 per share

Price / Book2.31

Profitability

EPS (Most Recent Fiscal Year)$5.54

Net Income$530.10 million

Net Margins-3.93%

Return on Equity-6.11%

Return on Assets-1.32%

Miscellaneous

Outstanding Shares105,637,000

Market Cap$4.10 billion

Next Earnings Date2/26/2021 (Estimated)

OptionableOptionable

$38.77

-1.49 (-3.70 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Spirit AeroSystems (NYSE:SPR) Frequently Asked Questions

How has Spirit AeroSystems' stock price 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 1.0% and is now trading at $38.77.
View which stocks have been most impacted by COVID-19.

Is Spirit AeroSystems a buy right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Spirit AeroSystems in the last twelve months. There are currently 3 sell ratings, 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Spirit AeroSystems stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPR, but not buy additional shares or sell existing shares.
View analyst ratings for Spirit AeroSystems or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Spirit AeroSystems?

Wall Street analysts have given Spirit AeroSystems a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Spirit AeroSystems wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Spirit AeroSystems' next earnings date?

Spirit AeroSystems is scheduled to release its next quarterly earnings announcement on Friday, February 26th 2021.
View our earnings forecast for Spirit AeroSystems.

How were Spirit AeroSystems' earnings last quarter?

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) posted its earnings results on Sunday, November, 8th. The aerospace company reported ($1.34) earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of ($1.34). The aerospace company earned $806 million during the quarter, compared to analysts' expectations of $772.99 million. Spirit AeroSystems had a negative return on equity of 6.11% and a negative net margin of 3.93%. Spirit AeroSystems's quarterly revenue was down 58.0% on a year-over-year basis. During the same period last year, the firm earned $1.38 EPS.
View Spirit AeroSystems' earnings history.

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

Spirit AeroSystems declared a quarterly dividend on Thursday, October 22nd. Investors of record on Monday, December 14th will be paid a dividend of $0.01 per share on Monday, January 4th. This represents a $0.04 annualized dividend and a yield of 0.10%. The ex-dividend date of this dividend is Friday, December 11th.
View Spirit AeroSystems' dividend history.

Is Spirit AeroSystems a good dividend stock?

Spirit AeroSystems pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.10%. Spirit AeroSystems does not yet have a strock track record of dividend growth. The dividend payout ratio of Spirit AeroSystems is 0.72%. This payout ratio is at a healthy, sustainable level, below 75%.
View Spirit AeroSystems' dividend history.

What price target have analysts set for SPR?

20 brokers have issued 12 month price targets for Spirit AeroSystems' shares. Their forecasts range from $12.00 to $58.00. On average, they expect Spirit AeroSystems' stock price to reach $34.89 in the next year. This suggests that the stock has a possible downside of 10.0%.
View analysts' price targets for Spirit AeroSystems or view Wall Street analyst' top-rated stocks.

Who are some of Spirit AeroSystems' key competitors?

Some companies that are related to Spirit AeroSystems include Honeywell International (HON), The Boeing (BA), Lockheed Martin (LMT), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), HEICO (HEI), Teledyne Technologies (TDY), Textron (TXT), Axon Enterprise (AAXN), Huntington Ingalls Industries (HII), Curtiss-Wright (CW), Aerojet Rocketdyne (AJRD), Hexcel (HXL) and Kratos Defense & Security Solutions (KTOS).
View all of SPR's 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 The Boeing (BA), Halliburton (HAL), Micron Technology (MU), Intel (INTC), Pfizer (PFE), Delta Air Lines (DAL), Raytheon Technologies (RTX), The Walt Disney (DIS), Johnson & Johnson (JNJ) and Tesla (TSLA).

Who are Spirit AeroSystems' key executives?

Spirit AeroSystems' management team includes the following people:

Mr. Thomas C. Gentile III, Pres, CEO & Director (Age 56, Pay $3.92M)
Ms. Samantha J. Marnick, Exec. VP & COO (Age 49, Pay $1.26M)
Mr. John A. Pilla, Sr. Advisor (Age 60, Pay $1M)
Mr. Duane F. Hawkins, Sr. VP of Defense (Age 61, Pay $1.11M)
Mr. Mark J. Suchinski, Sr. VP & CFO (Age 53)
Mr. Damon Christopher Ward, VP, Controller & Principal Accounting Officer (Age 45)
Mr. Kevin Matthies, Sr. VP, CTO & Chief Quality Officer (Age 50)
Kailash Krishnaswamy, Head of Investor Relations, M&A and Strategy
Ms. Stacy Cozad, Sr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec. (Age 49)
Mr. Jim Reed, Chief Purchasing Officer & VP of Global Supply Chain (Age 66)

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 a variety of retail and institutional investors. Top institutional investors include Bowling Portfolio Management LLC (0.01%) and Sowell Financial Services LLC (0.01%). Company insiders that own Spirit AeroSystems stock include Paul E Fulchino, Robert D Johnson and Stacy Cozad.
View institutional ownership trends 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 Bowling Portfolio Management LLC, and Sowell Financial Services LLC.
View insider buying and selling activity for Spirit AeroSystems or or view top insider-buying stocks.

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 WeBull, 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 $38.77.

How big of a company is Spirit AeroSystems?

Spirit AeroSystems has a market capitalization of $4.10 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 1/18/2021 by MarketBeat.com Staff

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