Spirit Aerosystems Holdings, In (NYSE:SPR):
Spirit AeroSystems to Release Third Quarter 2016 Financial Results November 1.
The company is so far trading down by -0.52% since yesterday’s close of $50.45.
Company shares last traded at $50.19 which is just over the 50 day moving average of $45.99 and which is marginally higher than the 200 day moving average of $45.42. The 50 day moving average moved up $4.20 and the 200 day average moved up $4.77.
The company’s P/E ratio is 10.13 and market cap is 6.48B. As of the last earnings report the EPS was $4.96 and is estimated to be $4.48 for the current year with 129,050,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $1.03 with next year’s EPS projected to be $4.73.
Several ratings firms have released opinions on SPR of late. On October 28 analysts at Vertical Research added SPR to its research portfolio by announcing an initial rating of “Hold”. Baird initiated coverage on SPR with an initial rating of “Outperform” and a price target of $54.00.
July 11 investment analysts at Deutsche Bank maintained a company rating of “Hold” and lowered the price expectation from $53.00 to $48.00. On July 7 JP Morgan left the company rating at “Overweight” but moved down the price target to $52.00 from $67.00.
Equity analyst Morgan Stanley issued its first research report on the stock giving it an initial rating of “Overweight” and projecting a price target of $56.00. On June 9 the company was set at “Neutral” according to a Buckingham Research report a boost from the previous “Underperform” rating.