Spirit AeroSystems (SPR) – Investment Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Spirit AeroSystems (NYSE: SPR) recently:

  • 2/5/2018 – Spirit AeroSystems had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $112.00 price target on the stock.
  • 2/5/2018 – Spirit AeroSystems had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $110.00 price target on the stock.
  • 2/2/2018 – Spirit AeroSystems was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 1/29/2018 – Spirit AeroSystems had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $115.00 price target on the stock.
  • 1/29/2018 – Spirit AeroSystems had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $129.00 price target on the stock.
  • 1/23/2018 – Spirit AeroSystems was given a new $100.00 price target on by analysts at Royal Bank of Canada. They now have a “sell” rating on the stock.
  • 1/22/2018 – Spirit AeroSystems had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $110.00 price target on the stock.
  • 1/18/2018 – Spirit AeroSystems had its “buy” rating reaffirmed by analysts at Seaport Global Securities. They now have a $120.00 price target on the stock.
  • 1/16/2018 – Spirit AeroSystems was upgraded by analysts at Wells Fargo & Co from a “market perform” rating to an “outperform” rating.
  • 1/10/2018 – Spirit AeroSystems was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $103.00 price target on the stock. According to Zacks, “Spirit AeroSystems is one of the largest independent non-OEM aircraft parts designers. In fact, the company’s focus on executing supply chain strategy, improving productivity and meeting its customers’ requirements for production rate changes is paying off, as well. In the last year, Spirit AeroSystems outperformed the broader industry. However, factors like stiff competition and unexpected rise in costs remain major concerns.”
  • 1/9/2018 – Spirit AeroSystems had its “hold” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $93.00 price target on the stock.

Spirit AeroSystems Holdings, Inc. (SPR) opened at $86.84 on Monday. The company has a market capitalization of $10,040.79, a PE ratio of 28.76, a P/E/G ratio of 1.28 and a beta of 1.37. Spirit AeroSystems Holdings, Inc. has a 52 week low of $51.85 and a 52 week high of $105.20. The company has a quick ratio of 0.85, a current ratio of 1.56 and a debt-to-equity ratio of 0.60.

Spirit AeroSystems (NYSE:SPR) last posted its quarterly earnings results on Friday, February 2nd. The aerospace company reported $1.32 EPS for the quarter, topping the Zacks’ consensus estimate of $1.22 by $0.10. Spirit AeroSystems had a return on equity of 33.80% and a net margin of 5.08%. The business had revenue of $1.71 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the firm earned $0.89 earnings per share. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. analysts anticipate that Spirit AeroSystems Holdings, Inc. will post 6.4 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 9th. Shareholders of record on Monday, March 19th will be issued a $0.10 dividend. The ex-dividend date is Friday, March 16th. This represents a $0.40 dividend on an annualized basis and a yield of 0.46%. Spirit AeroSystems’s dividend payout ratio is currently 13.25%.

In other Spirit AeroSystems news, Director Robert D. Johnson sold 500 shares of the firm’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $84.13, for a total value of $42,065.00. Following the transaction, the director now owns 1,964 shares of the company’s stock, valued at $165,231.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.28% of the company’s stock.

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.

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