Spirit AeroSystems Holdings, Inc. (NYSE:SPR) registered a -1.97% decrease, still its new closing price is 36.88% up from the company’s 1 year high of 61.45.It posted -8.34% losses in previous 5 sessions and is now the subject of 9 analysts who together assign a hold rating on stock. 3 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 21 stock analysts following this company have an average price target at $62.42, with individual PT in the $46.00-$74.00 range. The shares moved at $54.70, implying that brokerage firms see shares gaining about 30.21% in twelve months time.
Spirit AeroSystems Holdings, Inc. (SPR) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -6.26% fall year to date. A Director at Spirit AeroSystems Holdings, Inc. (SPR) acquired shares in a transaction closed on Tuesday December 13, 2016. Plueger John L bought 2,000 shares in the company at $59.49 each and collected $118,001 in proceeds. Plueger John L now owns 2,000 shares in the company after this transaction. A Director in the company, JOHNSON ROBERT D, disclosed a transaction on Thursday December 01, 2016 that ended up generating $29,000 from the sale of 500 shares at $58.46 per share.
Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Upcoming Results on Tap
Spirit AeroSystems Holdings, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $1.18 in that period. Sales during the quarter are predicted to arrive at $1.68 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.57 billion in revenue and EPS of $1.03. The mean forecast was for $1.6 billion and $1.03 a share, respectively. One quarter earlier, revenue for the stock was at $1.71 billion, with earnings at $1.16/share.
Spirit AeroSystems Holdings, Inc. (SPR) Brokerage Update
Spirit AeroSystems Holdings, Inc. (SPR) is in JP Morgan’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Overweight by JP Morgan, according to news reported on Friday December 09, 2016.Another important research note was issued by Wells Fargo on Thursday June 30, 2016.The firm downgraded SPR to Market Perform from Outperform. Over the last six months and over the last three months, the shares of Spirit AeroSystems Holdings, Inc. (SPR), have changed 19.09% and 1.49%, respectively.