1 week Ago By ABMN Staff
StockNews.com initiated coverage on shares of Spirit AeroSystems ( NYSE:SPR – Free Report ) in a research note issued to investors on Friday morning. The brokerage issued a sell rating on the aerospace company’s stock.
Separately, TD Cowen raised shares of Spirit AeroSystems to a “strong-buy” rating in a report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $35.
67. View Our Latest Stock Report on SPR Spirit AeroSystems Price Performance Spirit AeroSystems ( NYSE:SPR – Get Free Report ) last announced its earnings results on Wednesday, October 23rd. The aerospace company reported ($3.
03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($2.87).
The company had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.83 billion.
On average, research analysts expect that Spirit AeroSystems will post -12.64 earnings per share for the current year. Institutional Inflows and Outflows A number of hedge funds have recently added to or reduced their stakes in the stock.
Waldron Private Wealth LLC purchased a new position in shares of Spirit AeroSystems in the third quarter valued at $32,000. Quest Partners LLC acquired a new stake in Spirit AeroSystems in the 3rd quarter valued at about $49,000. Quarry LP increased its holdings in Spirit AeroSystems by 49.
0% during the 2nd quarter. Quarry LP now owns 2,285 shares of the aerospace company’s stock valued at $75,000 after acquiring an additional 751 shares in the last quarter. KBC Group NV raised its position in Spirit AeroSystems by 20.
1% during the third quarter. KBC Group NV now owns 4,607 shares of the aerospace company’s stock worth $150,000 after acquiring an additional 771 shares during the last quarter. Finally, Intech Investment Management LLC purchased a new stake in shares of Spirit AeroSystems in the second quarter valued at about $207,000.
93.59% of the stock is owned by hedge funds and other institutional investors. Spirit AeroSystems Company Profile ( 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. Featured Stories Receive News & Ratings for Spirit AeroSystems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirit AeroSystems and related companies with MarketBeat.
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