Impact of Brokerage Rating on Spirit Aerosystems Holdings, Inc.(SPR)

Many Spirit Aerosystems Holdings, Inc.(SPR) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Spirit AeroSystems Holdings was Initiated by SunTrust to Hold on Jan 19, 2017. Spirit AeroSystems Holdings was Downgraded by BofA/Merrill to Underperform on Jan 17, 2017. Spirit AeroSystems Holdings was Initiated by RBC Capital Mkts on Jan 12, 2017 to Underperform, Price Target of the shares are set at $55.Spirit AeroSystems Holdings was Downgraded by JP Morgan to Neutral on Dec 9, 2016.

Company has reported several Insider transactions to the SEC, on Dec 15, 2016, John L Plueger (director) purchased 2,000 shares at 59.49 per share price.On Dec 5, 2016, Robert D Johnson (director) sold 500 shares at 58.46 per share price.On Aug 17, 2016, John A Pilla (SVP & CTO) sold 6,630 shares at 45.03 per share price.

Spirit AeroSystems Holdings Last issued its quarterly earnings results on Feb 1, 2017. The company reported $1.03 EPS for the quarter. Analyst had a consensus estimate of $1.03. The company had revenue of $1570.00 million for the quarter, compared to analysts expectations of $1599.92 million. The companys revenue was down -2.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.95 EPS.

Spirit Aerosystems Holdings, Inc. (NYSE:SPR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.57 by 15 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 8 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Spirit Aerosystems Holdings, Inc. (NYSE:SPR): 14 Analyst have given the stock of Spirit Aerosystems Holdings, Inc. (NYSE:SPR) a near short term price target of $59.93. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $7.79. The higher price target estimate is at $74 while the lower price estimates are fixed at $46.

Spirit Aerosystems Holdings, Inc. (NYSE:SPR) witnessed a decline in the market cap on Tuesday as its shares dropped 0.43% or 0.25 points. After the session commenced at $57.52, the stock reached the higher end at $57.75 while it hit a low of $56.93. With the volume soaring to 709,990 shares, the last trade was called at $57.32. The company has a 52-week high of $61.55. The company has a market cap of $6,972 million and there are 121,626,875 shares in outstanding. The 52-week low of the share price is $41.27.

SPIRIT AEROSYSTEMS is the worlds largest independent supplier of commercial airplane assemblies and components. In addition to its Kansas facility, Spirit has operations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury, England. In the U.S., Spirits core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America and Europe. Spirit Europe produces wing components for a host of customers, including Airbus.


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