Spirit Aerosystems Holdings Inc (NYSE:SPR) currently has a daily average trading volume of 1.68M but it saw 3332503 shares traded in last market. With a market cap of 3.88B USD, the company’s current market price of $33.17 came rising about 0.97 while comparing to the previous closing price of $32.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.08 and as low as $25.16. In the recent trading on the day, stock has struck highest price mark of $32.9 while lowest mark touched by it was $33.56.
Taking a look at 20-day trading activity of Spirit Aerosystems Holdings Inc (SPR) gives us an average price of $32.60, while its current price level is -10.54% below from 52-week high level whereas it is 31.84% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $32.09 while that of 200 days or SMA-200 reads an average of $32.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.12% during that period while stretching the period over a month that decreases to 2.34%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.24 which implies that the stock is in neutral territory.
TD Cowen upgraded its recommendation for the stock as a “Outperform” from “Market Perform” on February 08, 2024 while assigning a price target range of $27-$35.
Over the week, SPR’s stock price is moving 2.09% up while it is 4.18% when we observe its performance for the past one month. Year-to-date it is 4.37% up and over the past year, the stock is showing an upside performance of 7.98%.
The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of -0.71 while estimate for next year EPS is -11.69. In next quarter, company is expected to be making quarterly sales of $1.94B as analysts are expecting the sales for current fiscal year at $6.61B and seeing the company making $8.01B in sales next year. Moreover, analysts are in estimates of $1.73B for current-quarter revenue.
Currently, Spirit Aerosystems Holdings Inc’s total number of outstanding shares is 116.63M. Company’s return on investment (ROI) stands at -68.55%. Stock’s beta reads 1.82. Stock has a price to sale or P/S ratio amounts to 0.60. Its return on asset (ROA) is -21.35% on average.
