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

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$73.03 -0.64 (-0.87 %)
(As of 12/14/2018 12:26 PM ET)
Previous Close$73.67
Today's Range$71.87 - $73.33
52-Week Range$73.09 - $105.20
Volume16,457 shs
Average Volume700,422 shs
Market Capitalization$7.85 billion
P/E Ratio13.68
Dividend Yield0.65%
Beta1.16
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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.67
Current Ratio1.57
Quick Ratio1.06

Price-To-Earnings

Trailing P/E Ratio13.68
Forward P/E Ratio11.80
P/E Growth1.54

Sales & Book Value

Annual Sales$6.98 billion
Price / Sales1.11
Cash Flow$7.3103 per share
Price / Cash Flow9.99
Book Value$15.74 per share
Price / Book4.64

Profitability

EPS (Most Recent Fiscal Year)$5.35
Net Income$354.90 million
Net Margins7.92%
Return on Equity46.86%
Return on Assets11.64%

Miscellaneous

Employees13,700
Outstanding Shares106,000,000
Market Cap$7.85 billion
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 Wednesday, October 24th. Stockholders of record on Monday, December 17th will be paid a dividend of $0.12 per share on Monday, January 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date of this dividend is Friday, December 14th. View Spirit AeroSystems' Dividend History.

How will Spirit AeroSystems' stock buyback program work?

Spirit AeroSystems announced that its board has approved a share buyback program on Sunday, February 4th 2018, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its shares are undervalued.

How were Spirit AeroSystems' earnings last quarter?

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) posted its quarterly earnings data on Wednesday, October, 31st. The aerospace company reported $1.70 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.63 by $0.07. The aerospace company earned $1.81 billion during the quarter, compared to the consensus estimate of $1.83 billion. Spirit AeroSystems had a net margin of 7.92% and a return on equity of 46.86%. The firm's revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.26 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 Friday, February 1st 2019. 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, October, 31st. The company provided earnings per share guidance of $6.10-6.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.22. The company issued revenue guidance of $7.20-7.30 billion, compared to the consensus revenue estimate of $7.26 billion.

What price target have analysts set for SPR?

15 brokers have issued 1-year target prices for Spirit AeroSystems' shares. Their forecasts range from $93.00 to $129.00. On average, they expect Spirit AeroSystems' stock price to reach $107.00 in the next twelve months. This suggests a possible upside of 46.5% from the stock's current price. View Analyst Price Targets for Spirit AeroSystems.

What is the consensus analysts' recommendation for Spirit AeroSystems?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit AeroSystems in the last year. There are currently 1 sell rating, 1 hold rating and 13 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 coverage about SPR stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. 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 news impact score of 1.8 on InfoTrie's scale. They also assigned press coverage about the aerospace company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the next few days.

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 variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc (9.84%), BlackRock Inc. (7.03%), Scopia Capital Management LP (5.06%), Hound Partners LLC (4.86%), LSV Asset Management (4.84%) and AQR Capital Management LLC (4.75%). Company insiders that own Spirit AeroSystems stock include Charles L Chadwell, Duane F Hawkins, John A Pilla, Laura Wright, Michelle Lohmeier, 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 Hound Partners LLC, Prudential Financial Inc., Bank of Montreal Can, Vanguard Group Inc, Panagora Asset Management Inc., Man Group plc, Allianz Asset Management GmbH 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, Richard A Gephardt, Robert D Johnson, Stacy Cozad and William Edward Brown. View Insider Buying and Selling for Spirit AeroSystems.

Which major investors are buying Spirit AeroSystems stock?

SPR stock was bought by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, OZ Management LP, Scopia Capital Management LP, FMR LLC, Artemis Investment Management LLP, Cannell Peter B & Co. Inc., Putnam Investments LLC and Anavon Capital LLP. 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 $73.06.

How big of a company is Spirit AeroSystems?

Spirit AeroSystems has a market capitalization of $7.85 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:  563 (Vote Outperform)
Underperform Votes:  500 (Vote Underperform)
Total Votes:  1,063
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 12/14/2018 by MarketBeat.com Staff

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