2 weeks Ago By Defense World Staff
Investment analysts at StockNews.com started coverage on shares of Spirit AeroSystems ( NYSE:SPR – Get Free Report ) in a report issued on Sunday. The firm set a “sell” rating on the aerospace company’s stock.
Other equities analysts have also issued research reports about the stock. Robert W. Baird reaffirmed a “neutral” rating and set a $37.
25 target price (up previously from $36.00) on shares of Spirit AeroSystems in a report on Friday, July 12th. Sanford C.
Bernstein reaffirmed a “market perform” rating on shares of Spirit AeroSystems in a research note on Monday, July 8th. UBS Group boosted their target price on Spirit AeroSystems from $33.00 to $34.
00 and gave the company a “neutral” rating in a research note on Monday, July 1st. Barclays restated an “equal weight” rating and set a $37.00 price target (down from $40.
00) on shares of Spirit AeroSystems in a research report on Wednesday, July 3rd. Finally, Susquehanna reiterated a “neutral” rating and issued a $37.00 price objective (down previously from $40.
00) on shares of Spirit AeroSystems in a research report on Wednesday, July 17th. One equities research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.
com, the stock presently has a consensus rating of “Hold” and an average price target of $35.38. View Our Latest Report on SPR Spirit AeroSystems Stock Up 0.
1 % Spirit AeroSystems ( NYSE:SPR – Get Free Report ) last released its earnings results on Monday, August 5th. The aerospace company reported ($2.73) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.
98) by ($1.75). The company had revenue of $1.
49 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same period last year, the firm earned ($1.
46) EPS. Spirit AeroSystems’s revenue was up 9.3% compared to the same quarter last year.
As a group, research analysts expect that Spirit AeroSystems will post -5.57 EPS for the current fiscal year. Institutional Investors Weigh In On Spirit AeroSystems A number of large investors have recently modified their holdings of SPR.
Vanguard Group Inc. boosted its position in Spirit AeroSystems by 1.0% during the 1st quarter.
Vanguard Group Inc. now owns 10,954,485 shares of the aerospace company’s stock valued at $395,128,000 after acquiring an additional 109,632 shares in the last quarter. Pentwater Capital Management LP boosted its position in shares of Spirit AeroSystems by 18,132.
0% during the second quarter. Pentwater Capital Management LP now owns 9,016,000 shares of the aerospace company’s stock valued at $296,356,000 after purchasing an additional 9,066,000 shares in the last quarter. Steadfast Capital Management LP grew its stake in Spirit AeroSystems by 1,274.
6% in the first quarter. Steadfast Capital Management LP now owns 4,714,874 shares of the aerospace company’s stock worth $170,066,000 after purchasing an additional 4,371,874 shares during the period. Maple Rock Capital Partners Inc.
raised its holdings in Spirit AeroSystems by 7.2% in the first quarter. Maple Rock Capital Partners Inc.
now owns 4,423,000 shares of the aerospace company’s stock worth $159,538,000 after purchasing an additional 296,000 shares in the last quarter. Finally, Earnest Partners LLC raised its holdings in Spirit AeroSystems by 2.6% in the second quarter.
Earnest Partners LLC now owns 4,096,268 shares of the aerospace company’s stock worth $134,644,000 after purchasing an additional 105,350 shares in the last quarter. Institutional investors own 93.59% of the company’s stock.
About Spirit AeroSystems ( Get Free Report ) Spirit AeroSystems Holdings, Inc engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and wing systems.
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