Spirit Aerosystems Holdings Inc (SPR) concluded trading on Wednesday at a closing price of $35.11, with 4.95 million shares of worth about $173.92 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 126.81% during that period and on March 20, 2024 the price saw a gain of about 6.52%. Currently the company’s common shares owned by public are about 116.05M shares, out of which, 115.14M shares are available for trading.
Stock saw a price change of 11.74% in past 5 days and over the past one month there was a price change of 19.67%. Year-to-date (YTD), SPR shares are showing a performance of 10.48% which increased to 14.10% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.65 but also hit the highest price of $36.34 during that period. The average intraday trading volume for Spirit Aerosystems Holdings Inc shares is 4.34 million. The stock is currently trading 9.94% above its 20-day simple moving average (SMA20), while that difference is up 18.73% for SMA50 and it goes to 35.34% higher than SMA200.
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Spirit Aerosystems Holdings Inc (NYSE: SPR) currently have 116.05M outstanding shares and institutions hold larger chunk of about 93.10% of that.
The stock has a current market capitalization of $4.07B and its 3Y-monthly beta is at 1.75. It has posted earnings per share of -$6.08 in the same period. It has Quick Ratio of 0.90. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SPR, volatility over the week remained 3.67% while standing at 4.63% over the month.
Analysts are in expectations that Spirit Aerosystems Holdings Inc (SPR) stock would likely to be making an EPS of -$0.25 in the current quarter, while forecast for next quarter EPS is -$0.08 and it is $2.16 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.87 which is $0.64 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$1.69 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 105.93% while it is estimated to increase by 794.81% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on February 08, 2024 offering an Outperform rating for the stock and assigned a target price range of between $27 and $35 to it. On January 17, 2024, Citigroup Initiated their recommendations, while on December 20, 2023, Morgan Stanley Upgrade their ratings for the stock with a price target of $35. Stock get a Hold rating from Stifel on December 01, 2023.
