Spirit Aerosystems Holdings Inc (NYSE:SPR) currently has a daily average trading volume of 1.57M but it saw 1114921 shares traded in last market. With a market cap of 4.08B USD, the company’s current market price of $34.83 came falling about -0.51 while comparing to the previous closing price of $35.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.08 and as low as $25.50. In the recent trading on the day, stock has struck highest price mark of $34.76 while lowest mark touched by it was $35.15.
Taking a look at 20-day trading activity of Spirit Aerosystems Holdings Inc (SPR) gives us an average price of $34.18, while its current price level is -6.07% below from 52-week high level whereas it is 36.59% 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 $33.47 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 2.16% during that period while stretching the period over a month that decreases to 1.95%. 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 58.62 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 -0.14% down while it is 4.59% when we observe its performance for the past one month. Year-to-date it is 2.20% up and over the past year, the stock is showing an upside performance of 30.40%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.78 while estimate for next year EPS is -11.55. In next quarter, company is expected to be making quarterly sales of $1.9B as analysts are expecting the sales for current fiscal year at $6.5B and seeing the company making $7.95B in sales next year. Moreover, analysts are in estimates of $1.5B for current-quarter revenue.
Currently, Spirit Aerosystems Holdings Inc’s total number of outstanding shares is 116.63M with 1.05% of that held by the insiders while 93.08% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -68.55%. Stock’s beta reads 1.79. Stock has a price to sale or P/S ratio amounts to 0.63. Its return on asset (ROA) is -21.35% on average.
