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.
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 Ratio13.77
Forward P/E Ratio11.90
P/E Growth1.54
Sales & Book Value
Annual Sales$6.98 billion
Price / Sales1.12
Cash Flow$7.3966 per share
Price / Cash Flow9.96
Book Value$15.74 per share
Price / Book4.68
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$7.82 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 announced a quarterly dividend on Wednesday, October 24th. Stockholders of record on Monday, December 17th will be given a dividend of $0.12 per share on Monday, January 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.65%. 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 declared that its board has authorized a share repurchase plan on Sunday, February 4th 2018, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its stock is undervalued.
How were Spirit AeroSystems' earnings last quarter?
Spirit AeroSystems Holdings, Inc. (NYSE:SPR) announced its quarterly earnings results on Wednesday, October, 31st. The aerospace company reported $1.70 EPS for the quarter, topping the Zacks' consensus estimate of $1.63 by $0.07. The aerospace company had revenue of $1.81 billion for the quarter, compared to analysts' expectations of $1.83 billion. Spirit AeroSystems had a net margin of 7.92% and a return on equity of 46.86%. Spirit AeroSystems'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 company posted $1.26 earnings per share. View Spirit AeroSystems' Earnings History.
When is Spirit AeroSystems' next earnings date?
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 (EPS) guidance of $6.10-6.35 for the period, compared to the Thomson Reuters consensus earnings per share 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 Wall Street analysts have issued 12-month target prices for Spirit AeroSystems' stock. Their forecasts range from $93.00 to $129.00. On average, they anticipate Spirit AeroSystems' share price to reach $107.00 in the next year. This suggests a possible upside of 45.2% 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?
Media stories about SPR stock have trended positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Spirit AeroSystems earned a media sentiment score of 2.6 on InfoTrie's scale. They also assigned media coverage about the aerospace company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the near term.
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 many different of institutional and retail investors. Top institutional shareholders 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 $73.67.
How big of a company is Spirit AeroSystems?
Spirit AeroSystems has a market capitalization of $7.82 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?
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)
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.
