Spirit AeroSystems (SPR) Scheduled to Post Earnings on Tuesday

Spirit AeroSystems (NYSE:SPR) is set to release its earnings data on Tuesday, January 30th. Spirit AeroSystems has set its FY17 guidance at $5.00-5.25 EPS.

Spirit AeroSystems (NYSE:SPR) last issued its earnings results on Wednesday, November 1st. The aerospace company reported $1.26 EPS for the quarter, hitting the consensus estimate of $1.26. The company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.74 billion. Spirit AeroSystems had a net margin of 4.98% and a return on equity of 31.14%. The business’s revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.16 EPS. On average, analysts expect Spirit AeroSystems to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Shares of Spirit AeroSystems (NYSE SPR) opened at $100.05 on Tuesday. The company has a market cap of $11,570.00, a price-to-earnings ratio of 35.23, a price-to-earnings-growth ratio of 1.56 and a beta of 1.16. Spirit AeroSystems has a 1 year low of $51.85 and a 1 year high of $100.08. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.85 and a current ratio of 1.56.

The business also recently announced a quarterly dividend, which was paid on Monday, January 8th. Shareholders of record on Monday, December 18th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, December 15th. This represents a $0.40 annualized dividend and a dividend yield of 0.40%. Spirit AeroSystems’s payout ratio is currently 14.08%.

Several research analysts have recently issued reports on SPR shares. Seaport Global Securities reaffirmed a “buy” rating and set a $120.00 price target on shares of Spirit AeroSystems in a research note on Thursday, January 18th. Cowen reaffirmed a “buy” rating and set a $110.00 price target on shares of Spirit AeroSystems in a research note on Monday. Buckingham Research lifted their price target on Spirit AeroSystems from $53.00 to $66.00 and gave the stock a “neutral” rating in a research note on Thursday, September 28th. Canaccord Genuity reaffirmed a “buy” rating and set a $86.00 price target (up previously from $80.00) on shares of Spirit AeroSystems in a research note on Thursday, September 28th. Finally, Jefferies Group lifted their price target on Spirit AeroSystems from $84.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, September 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and fifteen have assigned a buy rating to the company. Spirit AeroSystems presently has a consensus rating of “Buy” and an average target price of $89.00.

In other Spirit AeroSystems news, Director Robert D. Johnson sold 500 shares of Spirit AeroSystems stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $84.13, for a total value of $42,065.00. Following the completion of the sale, the director now owns 1,964 shares in the company, valued at approximately $165,231.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Duane F. Hawkins sold 5,000 shares of Spirit AeroSystems stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $83.04, for a total value of $415,200.00. Following the completion of the sale, the senior vice president now owns 39,374 shares of the company’s stock, valued at approximately $3,269,616.96. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

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Spirit AeroSystems Company Profile

Spirit AeroSystems Holdings, Inc is a non-original equipment manufacturer (OEM), aircraft parts designer and manufacturer of commercial aero-structures. The Company is also a supplier of aero-structures. The Company operates through three segments: Fuselage Systems, Propulsion Systems and Wing Systems.

Earnings History for Spirit AeroSystems (NYSE:SPR)

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