Spirit Aerosystems Holdings Inc (NYSE:SPR) currently has a daily average trading volume of 1.35M but it saw 2228882 shares traded in last market. With a market cap of 3.85B USD, the company’s current market price of $32.86 came falling about -0.93 while comparing to the previous closing price of $33.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.08 and as low as $27.00. In the recent trading on the day, stock has struck highest price mark of $31.8465 while lowest mark touched by it was $33.0.
Taking a look at 20-day trading activity of Spirit Aerosystems Holdings Inc (SPR) gives us an average price of $33.61, while its current price level is -11.38% below from 52-week high level whereas it is 21.70% 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 $33.89 while that of 200 days or SMA-200 reads an average of $33.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.10% during that period while stretching the period over a month that decreases to 3.58%. 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 48.10 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 1.45% up while it is -1.41% when we observe its performance for the past one month. Year-to-date it is -3.58% down and over the past year, the stock is showing a downside performance of -2.29%.
The company is expected to be releasing its next quarterly report on 2025-Feb-27, for which analysts forecasted an EPS of -1.56 while estimate for next year EPS is -4.68. In next quarter, company is expected to be making quarterly sales of $1.8B as analysts are expecting the sales for current fiscal year at $7.77B and seeing the company making $8.92B in sales next year. Moreover, analysts are in estimates of $1.75B for current-quarter revenue.
Currently, Spirit Aerosystems Holdings Inc’s total number of outstanding shares is 117.27M with 1.05% of that held by the insiders while 94.92% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -150.90%. It has a 23.51 of forward P/E ratio. Stock’s beta reads 1.64. Stock has a price to sale or P/S ratio amounts to 0.61. Its return on asset (ROA) is -31.21% on average.
