Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
As the stock market bell rings, all eyes turn to Spirit AeroSystems Holdings, a titan in the realm of airborne manufacturing. With a heritage deeply rooted in aviation, Spirit AeroSystems in Wichita, KS, is a name synonymous with precision and innovation. However, as the winds of commerce shift, investors find themselves grappling with a pressing query: is Spirit AeroSystems stock poised for ascent or descent?
From producing fuselages to tail assemblies, Spirit AeroSystems is a linchpin supplier for giants like Boeing, but recent events have cast shadows of uncertainty: a strike in Wichita and tumultuous market conditions. Assessing Spirit AeroSystems’ growth prospects requires sifting through the company’s historical performance, industry forecasts, and the latest Spirit AeroSystems news shaping the narrative.
Valuation, financial health, and the voices of analysts all interweave to form a complex forecast for Spirit AeroSystems Holdings. As we delve into factors influencing the stock – from the Spirit AeroSystems stock price to whispers of Boeing buying Spirit AeroSystems – this article aims to equip you with insights to conclude whether to buy, sell, or hold. Spirit AeroSystems is under scrutiny in the stock market. The Spirit AeroSystems stock forecast debates whether it’s a buy or sell.
In the skies of stock forecasts and Aerospace & Defense, Spirit AeroSystems Holdings (SPR) has marked its territory in Wichita, Kansas. With origins dating back to 1927, this established provider of aerostructures for commercial and defense applications is part of an industry that reaches for the stars—quite literally. As of late, with around 20,655 employees on its roster, Spirit AeroSystems is soaring through diversified sectors, offering maintenance, repair, overhaul services, and more. The latest buzz? An $8.3 billion buyout by Boeing is on the horizon, potentially transforming the landscape for this industry giant.
Hailing from Wichita, KS, Spirit AeroSystems Holdings, Inc. services both the skies and space through industry-leading aerostructures and defense solutions. They tackle everything from commercial airframes to missile systems for U.S. defense, bringing technical prowess to both their Defense & Space and Aftermarket segments. Their vast employee base ensures operational excellence and innovation, positioning them within the Industrials sector’s Aerospace & Defense industry.
Spirit AeroSystems Holdings extends its wings beyond simple airplane components, delivering MRO services, spare parts, and engineering masterclasses for various aerostructures. They’ve mastered the complex dance of fabrication, assembly, testing, and training, specifically tailored to defense and space programs. The company’s contributions to missiles, hypersonics, and classified defense projects underscore its pivotal role in U.S. defense initiatives. With Wichita as its nest, this former Mid-Western Aircraft Systems Holdings continues a legacy that has weathered the storms of time.
The defense sector tips its hat to Spirit AeroSystems Holdings as a major player, particularly for the U.S. government’s defense programs. Commercial entities and space exploration missions also frequent Spirit’s client list, seeking the firm’s expertise in MRO and aerostructure spare parts. Spirit’s wingspan in engineering services reaches a wide array of customers who rely on its critical support in keeping both commercial fleets and defense aircraft in the sky.
Spirit AeroSystems Holdings, Inc. stands as a pillar in the Aerospace & Defense sector, with its roots tracing back to 1927. Operating out of its headquarters in Wichita, Kansas, Spirit AeroSystems prides itself on being a significant force in the industry. With a workforce of approximately 20,655 full-time employees, the company is deeply involved in delivering state-of-the-art aerostructures and missile solutions, primarily through its Defense & Space segment, which contributes to the U.S. Government’s defense programs.
Furthermore, Spirit AeroSystems expands its expertise to the Commercial segment as well. It doesn’t just stop at manufacture; the company’s Aftermarket segment steps up to offer comprehensive maintenance, repair, and overhaul services, ensuring support for both commercial and defense space programs over their lifecycle.
As the company navigates through the dynamics of the Aerospace & Defense industry, it continues to stand out by specializing in producing critical structures such as rear fuselage sections, wing structures, floor beams, and vertical stabilizers for various aircraft types, contributing to both the commercial and defense aircraft markets. It’s this combination of innovation, service, and wide-ranging expertise that cements Spirit AeroSystems Holdings as a key player in its field.
Spirit AeroSystems Holdings, Inc., headquartered in Wichita, Kansas, is a titan in the aerospace industry, renowned for its diverse range of products and services. Their expertise shines in the fabrication and assembly of aerostructures, including critical components like wing structures, rear fuselage sections, and floor beams. They don’t stop at manufacturing; Spirit AeroSystems also provides comprehensive engineering analysis, testing, and training services, particularly for defense and space programs.
For the defense sector, they’re at the forefront, offering solutions for missiles and hypersonics, alongside classified programs primarily focused on U.S. Government contracts. The company’s aftermarket segment is just as impressive, encompassing maintenance, repair, and overhaul (MRO) services, as well as providing spare parts. They cater to a wide market with rotable assets trading and leasing.
Once known as Mid-Western Aircraft Systems Holdings, Inc., Spirit AeroSystems has a storied past that dates back to 1927. Today, it stands tall as a leading provider of aerostructures for both commercial aircraft and state-of-the-art defense aircraft, ensuring the skies are filled with advanced, reliable machinery.
Spirit AeroSystems Holdings, well-regarded in the aerospace sector, plays a pivotal role supplying key components like fuselage sections, wing structures, and floor beams to a diverse customer base. The Defense & Space segment of the company principally caters to United States Government defense programs, ensuring that military and defense aircraft remain state-of-the-art with their aerostructures.
But their expertise isn’t confined to defense alone. The Commercial segment sees the company contributing significantly to commercial aerostructures, including regional jet and space programs. They are also involved in rotorcraft aerostructures, highlighting their broad operational scope.
The Aftermarket segment demonstrates their versatility further by offering vital maintenance, repair, and overhaul services, ensuring the longevity and performance of both commercial and defense aircraft.
As a supplier, Spirit AeroSystems Holdings diligently provides engineering services alongside critical parts such as struts, nacelle components, and wing systems to support its customer’s operational needs effectively. Their engineering prowess and comprehensive support make them a backbone for customers in both the commercial and the defense realms of aerospace.
Spirit AeroSystems Holdings is inching forward in an industry where fine margins make a big difference. Situated in the sprawling plains of Wichita, KS, and riddled recently with headline-grabbing labor discord from the Spirit AeroSystems Wichita ks strike, the company nonetheless has analysts buzzing with cautious optimism. With a forecast return on assets (ROA) for 2024-2026 at 4.95%, it lags behind the US Aerospace & Defense industry average of 7.94%. Yet, a peek at Wall Street’s crystal ball shows the potential for Spirit AeroSystems stock price prediction to ascend to $34.44 by May 2025—a modest 4.79% jump from current levels. Though growth is projected at 3.08% for 2025 and an eye-catching 19.97% by 2030, given its track record, whispers of Boeing possibly buying Spirit AeroSystems add a layer of intrigue. It’s a mixed bag, but the bullish sentiment coursing through technical analysis indicators and moving averages analysis does paint a rosy picture for this powerhouse in the sky.
Diving into the history of Spirit AeroSystems Holdings, we find a trajectory that sparks interest. From its Defense & Space segment to its MRO might in the Aftermarket segment, the company has shown resilience. The growth rate has been gently positive despite setbacks, including the looming shadow of the Spirit AeroSystems Wichita Strike, hinting at a humanity behind the hardware. Wall Street analysts anticipate the stock to float towards $33.88 in 2025 and ride the updraft to $39.43 in 2030, should its engines maintain the current thrust. However, the company’s ROA prediction, standing at a lukewarm 4.95%, might make investors think twice before going all-in.
Spirit AeroSystems Holdings might not be expected to perform a barrel roll of growth in the immediate future, but it’s navigated through tougher air pockets. With a projected low Return on Equity of -29.93% over the next three years, there’s a blinking light of caution on the cockpit dashboard. Yet, industry analysts press on with a mix of Holds, Buys, and even Strong Buys for the stock, indicating varying levels of confidence. The defense aircraft segment’s stability and space programs’ allure may give lift to more ambitious projections. So, while it’s not necessarily a jump-to-light-speed kind of story, Spirit AeroSystems could very well be setting its flaps for a steady climb.
Spirit AeroSystems Holdings seems to hold a quiet promise, with a forecast that sees its stock price gliding to an average target of $34.44, alluding to a potential 4.79% peak above today’s clouds. Earnings per share seem ready to pull out of a nosedive, from today’s -$8.41 to a steadier $1.77 horizon in 2025. Insiders are betting on blue skies ahead, tipping the scales with buying over selling. While it’s true that turbulence is part of the flight path (cue the Spirit AeroSystems strike), there’s a stop-loss recommendation of $31.70 to anchor against the storms. In summary, this aircraft part giant shows promise for growth in its stock price forecast, but it’s not without its headwinds.
Spirit AeroSystems Holdings, Inc., a prominent player in the Defense & Space sector, has a track record that’s crucial for investors analyzing the historical performance of its stock. Renowned primarily for its defense aircraft programs and maintenance services within the Commercial, Defense & Space segments, Spirit AeroSystems has shown a particular growth trajectory over the years.
Historically, from a stock perspective, the company’s shares have experienced fluctuations common to the aerospace & defense industry. Its stock price has remained sensitive to various factors, including economic cycles, contract wins, and industry demands.
Table: Historical Stock Performance Overview
It’s important to note that the Spirit AeroSystems Wichita, KS strike, and the ongoing speculation regarding Boeing buying Spirit AeroSystems have directly influenced investor sentiments and the company’s stock performance.
Investors and analysts often look at the average price target and technical analysis for the aero structures manufacturer to gauge future movements, and while challenges like labor strikes can affect operational momentum, the demand for commercial aerostructures and regional jet programs keeps the outlook for Spirit AeroSystems Holdings mostly positive.
The aerospace industry is taking flight towards growth, though with some expected turbulence along the way. Analysts predict that the Return on Equity for Spirit AeroSystems Holdings Inc., an important player in the sector, could be shaky at -29.93% in three years, signaling some concerns about the firm’s efficiency in profit generation. Meanwhile, the Return on Assets projection sits at 4.95%, which falls short of the industry’s more robust average of 7.94%.
Here’s a quick look at Wall Street’s sentiment towards Spirit AeroSystems Holdings Inc.:
Despite these figures, the aerospace industry is anticipated to ascend through innovation and growing demand. We look forward to seeing whether Spirit AeroSystems Holdings Inc. can streamline its operations and align with the industry’s forecasted expansion, challenging itself to ascend beyond the current analyst opinions. Keep an eye on the skies – and the stock market tickers – for the latest shifts and trends in the aerospace domain.
Alright, let’s dive into the latest scoop on Spirit AeroSystems Holdings. First off, stock savvy folks are whispering about a decent climb on the horizon. The word on Wall Street is that the stock could tick up by 4.79%–that’s an average price target of $34.44 in the next couple of years.
For those keeping score, Spirit AeroSystems folks might be shaking off a rough patch. Analysts are batting their eyes at a possible leap in earnings per share—from a frown-inducing -$8.41 to a much perkier $1.77 by 2025. That’s a swing from ouch to okay!
Now, if you’re a fan of patterns, historical averages hint that Spirit AeroSystems’ stock price might just glide up to $33.88 come 2025, and even to $39.43 by the time 2030 rolls around.
But wait, get this: Spirit insiders are acting like it’s Black Friday at the stock market, scooping up more shares than they’re ditching. That’s usually a good sign, right?
Sure, the market’s had a few mood swings lately, but the experts suggest that if you hang tight and don’t bail if things dip below $31.70, you could be in for a potential payday.
Keep your seatbelts fastened, the stock might just be ready for takeoff!
When it comes to placing a value on Spirit AeroSystems Holdings, there are a couple of things to chew on. You see, the Price to Earnings (P/E) ratio’s been slipping year over year, signaling that investors might have some worries. A topsy-turvy Price to Book (P/B) ratio keeps traders on their toes, showing both upswings and downturns. And don’t overlook the tiny dip in the Price to Sales ratio—might not sound like much, but every little bit counts in this game.
Now, stack Spirit AeroSystems next to its industry buddies, and you’ll notice its P/E ratio is playing limbo—can you go any lower? This paints the picture of a potentially undervalued player in a crowded room. With valuation metrics like P/B and Price to Sales helping us see the size of the fish we’ve caught compared to its pond, it’s clear that Spirit AeroSystems is swimming with financials that could hook some investors in.
On a sunny June 28, 2024, Spirit AeroSystems Holdings Inc’s stock price tucked in at $32.87—that’s a wee jump from $32.82. Market cap? A cool $3.779 billion. But before you break out the champagne, the P/E ratio is chilling in the negatives at -3.94. Keep in mind, with a Beta of 1.80, we’re riding more waves than a surfer, hinting at a bumpier investment than your average stock.
Analysts, those financial fortune-tellers, are seeing a modest upside of 4.79% for Spirit’s stock—from its lounge spot at $32.87 to a more upright $34.44 by May 8, 2025. Not too shabby if the crystal ball’s predictions hold up.
Comparisons, my friend, are where it gets spicy. With a P/E ratio of 9.96X, Spirit’s cutting costs more than its peers, who average out at a hefty 28.72X. But the P/B ratio tells another tale; at 10.93X, Spirit’s tipping the scales higher than the peer norm of 9.51X. Now, the Price to Sales ratio is 0.66X—a bargain hunter’s dream compared to the group’s whopping 11.42X.
The cash story paints Spirit in a different light, though, with its Cash Flow From Operations at a less-than-stellar ($225.8M), while the average Joe in the industry is counting a tidy $971.22M. And for those who get a kick out of market roller coasters, Spirit’s Beta of 1.8 promises more thrills than the average peer’s chill -0.15.
Let’s break down Spirit AeroSystems Holdings’ stock’s potential value. The PEG ratio steps in to size up if the stock’s a steal or a slipup relative to its earning growth speed. Peek at that Price to Book (P/B) ratio—market capitalization divided by book value—and you’ve got a story about what the market thinks of the company versus its actual assets.
Return on assets (ROA)? We’re talking a forecasted 4.95% for 2024-2026, which ain’t beating the industry heartbeat of 7.94%. Price targets are more scattered than ducks in a pond, ranging from $30.00 to a robust $40.00 and pointing at a potential 4.79% growth. And those earnings per share (EPS) predictions, well, they’re doing the tango from -$6.49 to $3.30, with the chalkboard showing -$2.94 for 2024 but a sunnier $1.77 come 2025.
As of June 28, 2024, Spirit AeroSystems Holdings Inc.’s stock is trading at a closing price of $32.87, marking a modest gain of 0.152% from a previous $32.82. Even with the slight uptick, the company maintains a market capitalization of $3.779 billion. Investors are taking note of the P/E ratio hovering at -3.94, signaling concerns with a negative ratio. Yet despite this, Spirit AeroSystems Holdings Inc exhibits notable volatility with a Beta of 1.80—higher than the market average, suggesting a potential for substantial price swings.
Analysts are keeping an eagle eye on these figures, projecting a 4.79% uptick in the stock price—which could soar as high as $34.44 by May 8, 2025. This prospective target offers a glint of optimism for investors mulling over the future potential of Spirit AeroSystems Holdings Inc.
As shareholders and potential investors deliberate on these facts, they’ll weigh the pros and cons to decide if Spirit AeroSystems Holdings Inc.’s stock is a buy or a sell.
When comparing Spirit AeroSystems’ valuation metrics with industry peers, here’s what we find:
These metrics can help in evaluating Spirit AeroSystems’ financial position relative to competitors within the market.
As investors eye Spirit AeroSystems Holdings, key metrics such as the PEG and P/B ratios offer insights into the stock’s potential value. While the PEG ratio compares the stock’s P/E to its growth rate, signaling possible over or undervaluation, the current forecast suggests that Spirit AeroSystems’ ROA will trail behind the industry average from 2024-2026. This lag may raise concern for potential investors.
However, analysts seem somewhat optimistic, setting an average price target of $34.44 for Spirit AeroSystems stock, which hints at a modest upside of 4.79% by May 2025. The broad forecast range from $30.00 to $40.00 indicates differing opinions on the stock’s future trajectory.
Here’s a quick snapshot:
Investors should also note the forecasted EPS, ranging widely from a low of -$6.49 to a high of $3.30 for 2024-2026. The estimated EPS of -$2.94 for 2024 and $1.77 for 2025 reflects potential recovery and growth prospects for Spirit AeroSystems. This variance in EPS estimates could be a critical factor in determining the risk-to-reward ratio for the stock.
Before jumping in, savvy investors will weigh these figures alongside ongoing developments, such as the impact of the Spirit Aerosystems Wichita strike and the buzz around Boeing potentially buying Spirit AeroSystems, to gauge the right move in the ever-volatile aerospace sector.
[Table and list intentionally omitted to adhere to word count requirement]
Alright, let’s dive into the financial health of Spirit AeroSystems Holdings—a crucial aspect for investors to consider.
When peeking at Spirit AeroSystems’ financial statements, we see a mix of gravity and lift. The company’s forecasted annual growth rate is a robust 16.26% for 2024, showing it’s outpacing the rest of the US Aerospace & Defense industry. That’s more than double the industry’s expected growth rate, folks. However, shares of concern are the projected return on assets (ROA) which, at a forecast of 4.95%, is expected to be lower than the industry average of 7.94%. It seems Spirit AeroSystems is generating revenue, but the efficiency of turning those assets into profit might be trailing. With analysts taking aim at figures from the stratosphere for the next years’ revenues, attention to detail will be key for investors.
Swinging over to liquidity and solvency, Spirit AeroSystems appears to be soaring high with continued growth forecasts that eclipse both the US Aerospace & Defense industry’s and the overall market’s average. That said, considering the firm’s projected ROA remains below the industry standard, there’s a hint of turbulence ahead. It’s like a well-fueled jet with a less-than-stellar mileage rating—not necessarily a deal-breaker but something to monitor among the clouds of fiscal indices.
Profitability and efficiency are where the rubber meets the runway for Spirit AeroSystems. Their P/S ratio suggests investors are optimistic, paying more than a buck for each dollar of sales the company makes. And heads up; the company’s EPS growth seems to be forecasted on a recovery trajectory, transitioning from a loss in the near term to positive territory. However, with the ROA lagging behind industry averages, it highlights a gap between growth and efficiency. Market trust appears solid, though, with a whopping 93.59% institutional ownership—it looks like the pros are buckled in for the journey.
Overall, with these insights, investors should keep their seat belts fastened when considering Spirit AeroSystems stock forecast. The revenue altitude seems promising, but the undercurrents of ROA might signal some bumps along the investment flight.
Also read: Rxo Stock Forecast: Will It Rise or Fall in the Market?
When it comes to assessing the financial health of Spirit AeroSystems Holdings, Inc., several key figures draw our attention. Despite its forecasted return on assets (ROA) for the years 2024 to 2026 sitting at a modest 4.95%, which is shy of the 7.94% average for the US Aerospace & Defense industry, the company’s revenue growth outlook is ambitious, with an expected annual increase of 16.26%.
This figure not only surpasses the industry average but also eclipses the broader US market projections. Wall Street analysts are optimistic about Spirit AeroSystems’ financial trajectory, anticipating a staggering revenue of $1.11 trillion by 2026, though estimates range between $1.06 trillion and $1.19 trillion. As it stands, the market capitalization of Spirit AeroSystems is around $3.83 billion, marking a week-over-week growth of 6.20%.
Despite this positive uptrend, the company saw a setback with an earnings surprise last quarter, reporting a loss of $3.93 per share which starkly contrasted the estimated loss of $0.59 per share. Stakeholders are now keenly awaiting the next earnings report, set to be unveiled on July 31, 2024, to gauge the company’s financial resilience and future prospects.
When assessing Spirit AeroSystems Holdings, Inc.’s liquidity and solvacity, we consider a couple of financial metrics. The company’s forecast return on assets (ROA) for 2024-2026 stands at 4.95%, which falls short of the Aerospace & Defense industry average of 7.94%. This indicates that, in terms of asset efficiency, Spirit may not be on par with its peers.
On the flip side, the company’s revenue growth is quite robust. From 2024-2026, its projected to grow at an annual rate of 16.26%. This figure not only eclipses the industry average of 7.33% but also outpaces the wider US market’s average forecast of 9.77%. For 2024, expect revenue around $6.3 billion, with Wall Street’s range suggesting anything between $808.9 billion to $940.4 billion. Moving forward to 2025 and 2026, projections are $996.5 billion and $1,109.9 billion, respectively, according to analyst predictions.
The current market cap of around $3.83 billion, seeing a recent increase of 6.20%, shows signs of investor confidence. Nonetheless, the lower ROA may raise questions about long-term solvency if revenue growth doesn’t translate into tangible asset profitability. In summary, Spirit’s strong revenue growth projections are promising for liquidity, but its ROA could lead to solvency concerns unless improved.
When evaluating Spirit AeroSystems Holdings, several key financial metrics are particularly telling in terms of the company’s profitability and efficiency. Notably, the Price/Sales (P/S) ratio stands at 1.28, suggesting that the stock could be undervalued as investors pay $1.28 for every dollar of sales, making it a potentially attractive buy.
Regarding future growth, the forecasted annual revenue growth rate is an impressive 16.26%, comfortably eclipsing both the US Aerospace & Defense industry’s average (7.33%) and the wider US market’s average (9.77%). This indicates that Spirit AeroSystems is on a faster growth trajectory compared to its peers.
Despite past challenges, analysts predict a significant turnaround in earnings per share (EPS)—from a loss of ($2.94) to a profit of $1.76. Conversely, the expected return on assets (ROA) for 2024 is projected to be 4.95%, below the industry average of 7.94%, pointing to potential concerns about asset utilization efficiency.
Institutional investors hold a formidable 93.59% of Spirit AeroSystems stock, with insiders owning a mere 0.90%. The high institutional ownership suggests a robust confidence in the company’s market trust and future prospects.
Profitability and Efficiency Ratios
When peeking into Spirit AeroSystems Holdings’ stock outlook, analysts are staying on their toes with varied perspectives. Some financial gurus have shifted gears from Market Perform to Outperform, flashing a green light that Spirit AeroSystems might fly high. Meanwhile, coverage initiations come with the buzz of Buy ratings, sprinkling in optimism for the investors. Price targets have a bit of a spread; some analysts draw the line as high as $40.00 while others chalk it down near $30.00.
Case in point: Morgan Stanley amped up its view, which sent the stock soaring by 23.54%. It’s like the analysts are air traffic controllers, and Spirit AeroSystems is responding to their signals. With Wall Street setting an average target of $34.44, we’re looking at a modest but hopeful 4.79% altitude gain from the current $32.87 stock price.
Let’s navigate through the sea of opinions: nine Wall Street navigators have cast their one-year forecasts, targeting a $34.44 average mark for Spirit AeroSystems Holdings. That’s a nod to a nearly 5% climb from where we stand. But their crystal ball is a bit murky on the ROA side, projecting a 2024-2026 ROA that lags behind industry standards.
Even with an EPS that currently sits in the negative territory, analysts are betting on a steady climb to profitability. Recent ratings are more mixed than a pilot’s playlist, with upgrades, target tweaks, and coverage kickoffs. KeyCorp’s playing it cool with a Sector Weight rating, while bullish Cit.igroup has its eyes on a $39.00 target, hoping for a near 50% ascent.
Breaking down the average price target for Spirit AeroSystems Holdings (SPR), we’re looking at a range—$30.00 is the floor, $40.00 could be the ceiling. SPR’s price tag could potentially swell by 4.79%—not too shabby. The forecasted highs and lows ($45.00 down to $21.00) paint a wide terrain of expectations.
Out of the tally of analysts, half are waving the Buy flag, while a smaller squad signals Sell and the rest are firmly in the Hold camp. By the calculators and crystal balls, some see SPR reaching $34.44 by the spring of 2025, with the stock price expected to shimmy and shake along the way.
Now let’s take a flyby of what’s fuelling all these analyst recos. It’s not just a gut feeling; they’re crunching numbers, weighing the Risk Adjusted Performance, and doing a dance with the Jensen Alpha and Total Risk Alpha. And let’s not forget about playing it safe with the Treynor Ratio.
Fundamentals aren’t taking a back seat either. The brainiacs are poring over ratios and shuffling through net assets. Each recommendation is a cocktail of metrics and economic indicators that try to capture whether Spirit AeroSystems’ stock is a shiny diamond or just cabin pressure hype. So, as you’re considering whether to board this flight, keep an eye on the analysts’ roadmap—it’s quite the navigation chart!
Spirit AeroSystems Holdings has caught the eyes of Wall Street analysts who have been crunching the numbers to predict its stock potential. The consensus is that there’s room for growth, with a one-year price target averaging at $34.44. This number gives a nod to a possible 4.79% climb from its current price – not too shabby, considering the headwinds the industry has faced.
Despite an expected uptick, analysts are cautiously peering at the return on assets (ROA), foreseeing Spirit’s ROA trailing behind the industry average at 4.95% over the next couple of years. The current Earnings Per Share (EPS) paints a bleak picture at -$8.41, but hope gleams on the horizon with estimates pointing to a much-improved -$2.94 in 2024 and a positive swing to $1.77 by 2025.
Recent analyst actions have been a mix of positive vibes and cautious optimism. Heavy hitters like Morgan Stanley, Citigroup, and JPMorgan Chase & Co. have tweaked targets and tossed in upgrades, keeping the market watchers on their toes. Citigroup, in particular, is bullish, serving up a Buy rating and flagging a sweet 49.94% price growth potential with a target of $39.00. On the flip side, KeyCorp plays it cool with a Sector Weight rating, indicating a more neutral stance.
Analyst Ratings Summary
Spirit AeroSystems Holdings seems like a mixed bag, with some analysts shouting buy and others pumping the brakes. Investors, it’s your move.
Spirit AeroSystems Holdings (SPR) stock appears to be in a bit of a holding pattern. With an average price target of $34.44 and a current share price hovering around that same mark, investors are eyeing a potential 4.79% upward nudge. However, opinions on where this stock will go seem to split wide open, ranging from a hopeful $40.00 to a cautious $21.00 mark.
Analysts have slapped a “Hold” consensus on SPR stock, with a near-even price target of $32.83, implying just a tiny bit of possible regression. It’s like a stock market tug-of-war, with 50.7% betting on a “Buy,” 12.7% waving the “Sell” flag, and a significant 36.6% just chilling with a “Hold.”
The crystal ball forecasts say Spirit AeroSystems Holdings may tick up to $34.44 by May 8, 2025. But let’s take this with a pinch of salt because, well, stock prices love to dance to their own unpredictable tunes.
Analysts’ Consensus | Average Price Target | Upside/Downside Potential |
---|---|---|
Hold | $32.83 | -0.11% |
In a nutshell, with a mixed bag of ratings and a close-call forecast, SPR’s stock is a watch-and-wait game for many.
Trying to figure out if Spirit AeroSystems stock is a buy or sell can get technical, but let’s break down what Wall Street thinks. Their analysts crunch numbers all day, comparing everything from Spirit AeroSystems’ earnings per share to its net assets. They keep an eye on the stock forecasts, often linked to economic indicators and specific sector performance.
Here’s what analysts consider before slapping a rating on Spirit AeroSystems Holdings, Inc.:
Putting these indicators together with fundamentals like the price to sales ratio can tell analysts if Spirit’s a bargain or not. It’s like a financial health check-up—analysts look at everything to make sure Spirit AeroSystems is fighting fit for your portfolio.
Boeing recently dropped a major headline with its acquisition of Spirit AeroSystems for a total value of $8.3 billion, in a mix of cash and debt. This blockbuster deal injects a fresh dynamic into the aerospace industry, significantly altering market standings. Following prolonged talks, the acquisition marks a strategic pivot by Boeing to consolidate its position, absorbing Spirit AeroSystems into its operations.
Spirit AeroSystems Holdings, with a market cap that recently got a 6.20% bump in just a week, is gearing up for its earnings report day on July 31, 2024. Analyst whispers suggest the digits could look pretty—expectations are for revenues to hit north of $6 billion, with a growth rate trouncing the averages. But eyes are really on the EPS figures, with bets on the board ranging dramatically from a loss to a solid gain.
If forecasts are anything to go by, revisions in earnings estimates could stir the pot for Spirit AeroSystems Holdings’ stock price. Currently a low volatile play, the company’s stock is seeing analysts aim targets around $34.44. With varied EPS predictions swinging wide for 2024, investors will be tracking every number crunch to gauge whether to buy or sell.
Spirit AeroSystems Holdings, a pivotal player in the aeronautics industry and supplier of critical structures like rear fuselage sections and wing systems, has seen its market capitalization climb to $3.83 billion, marking a 6.20% uptick over the previous week. Investors and analysts are eyeing the upcoming earnings report due on July 31, 2024, with heightened interest.
Analysts are projecting a significant revenue increase for Spirit AeroSystems in 2024, with expectations set at roughly $6.32 billion, which would denote a robust 16.26% annual growth rate, outpacing both industry and market norms. However, estimates suggest that earnings for 2024 might hit a snag, dipping to around -$343 million, but with a forecast for a rebound in 2025 to approximately $206 million.
Market participants should also note the company’s expected start at $32.92 for the upcoming trading day, with an anticipated daily fluctuation of about $1.21, informed by the 14-day Average True Range.
Recent developments such as the Spirit AeroSystems Wichita strike and headlines pondering whether Boeing is contemplating buying Spirit AeroSystems have undoubtedly impacted Spirit AeroSystems news and its stock performance, making SPRT a stock to watch closely.
When scrutinizing Spirit AeroSystems Holdings stock, it’s imperative to weigh the impact of earnings estimate revisions since these can significantly sway stock prices. As one observes the company’s performance, a few crucial points emerge:
Investors should consider these factors in concert with the larger backdrop of Spirit AeroSystems news, recent labor dynamics like the Wichita strike, and any long-term implications of possible strategic moves like Boeing buying Spirit Aerosystems. These elements can collectively influence both current and future stock prices.
In examining industry trends, Spirit AeroSystems Holdings is poised for significant growth, with an expected annual revenue growth rate of 16.26%, substantially outperforming the US Aerospace & Defense industry’s average of 7.33%. By 2024, the company’s revenue is projected to hit a remarkable $6.32 billion.
Here’s a quick look at the revenue projections:
Despite these encouraging figures, Spirit AeroSystems faces challenges, evidenced by a forecast return on assets (ROA) of 4.95% for 2024-2026, which lags behind the Aerospace & Defense industry’s average of 7.94%.
The competitive landscape is also shaped by factors such as the potential impact of the Spirit AeroSystems Wichita strike on operations and the rumor mill churning around Boeing buying Spirit AeroSystems. While Spirit AeroSystems continues to bolster its portfolio with wing structures, floor beams, and rear fuselage sections, it competes in a dynamic market where defense aircraft, commercial aerostructures, and space programs are key drivers.
Considering the broader picture, Spirit AeroSystems Holdings remains a formidable player in the Commercial, Defense & Space sectors, indicating its substantial growth potential in the aerospace and defense market landscape.
The information presented here is for general informational purposes only. It is not intended as solicitation, recommendation, or endorsement for any financial or investment decisions. Before making investment choices, seek independent professional advice in legal, financial, and fiscal matters.
Spirit AeroSystems Holdings is a publicly traded company, meaning that its ownership is spread among individual and institutional investors who purchase shares of the company on the stock market. As of the latest available information, the largest shareholders Spirit AeroSystems include investment firms, mutual funds, and individual investors. Some of the top institutional investors in Spirit AeroSystems Holdings include Vanguard Group, BlackRock Inc., and State Street Corporation.
Individual investors, through their brokerage accounts, also own shares of Spirit AeroSystems. These investors can buy and sell shares of the company on stock exchanges such as the New York Stock Exchange under the ticker symbol “SPR.”
Overall, the ownership of Spirit AeroSystems is diversified among various investors, both institutional and individual, who believe in the company’s potential for growth and profitability in the aerospace and defense industry.
No, Spirit AeroSystems is not the as Spirit Airlines. Spirit AeroSystems is an aerospace company that designs and manufactures aerostructures for commercial and defense aircraft, while Spirit Airlines is an ultra-low-cost carrier airline that provides passenger air travel services. While their names may sound similar, they operate in different industries and have distinct business operations.
Spirit AeroSystems Holdings, Inc. is in Wichita, Kansas.
Given the current market data and latest reported for Spirit AeroSystems Holdings, it is important to carefully consider your risk tolerance and investment horizon before deciding whether to buy the stock. While the company has a healthy financial strength and a low probability of distress, its market performance has been weak, and the stock is currently overvalued. Analyst consensus is not available, so it is essential to conduct thorough research and analysis before making a decision. Ultimately, whether to buy Spirit AeroSystems stock depends on your individual investment goals and risk appetite.
Spirit AeroSystems Holdings (SPR) stock is forecasted to see a potential upside of 4.79% from the current price of $32.87, with an average price target of $34.44 by May 8, 202. Analysts predict that SPR’s EPS will improve over the next few years, with a projected EPS of -$2.94 for 2024 and $1.77 for 2025. Additionally, the forecast return on assets (ROA) for 2024-2026 is expected to be 4.95%, lower than the industry average of 7.94%. Overall, the stock is anticipated to continue growing at a steady pace, reaching $33.88 in 2025 and $39.43 in 2030 if it maintains its current growth rate. Investors may want to keep an eye on SPR for potential growth opportunities in the coming years.
Based on the current market trends and analysis, Spirit AeroSystems Holdings stock is considered a good buy. With a predicted increase of 17.96% in the next year and a positive performance in 2024, investing in SPR stock could potentially yield favorable returns. However, as with any investment, it is important to conduct thorough research and consider your own financial goals and risk tolerance before making a purchase decision.
Spirit AeroSystems (SPR) currently an average price target of $34.56, with the highest price target at $45.00 and the lowest price target at $21.00. This represents a potential upside of 5.30% from the current stock price. Analysts are forecasting a positive outlook for the company, with a range of price targets indicating growth potential in the near future.