A new trading day began on Tuesday, with Spirit Aerosystems Holdings Inc (NYSE: SPR) stock price up 0.55% from the previous day of trading, before settling in for the closing price of $32.87. SPR’s price has ranged from $14.65 to $37.08 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Industrials sector has jumped its sales by 3.15% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -63.19%. With a float of $115.63 million, this company’s outstanding shares have now reached $116.05 million.
In an organization with 20655 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -6.95%, operating margin of -12.31%, and the pretax margin is -17.68%.
Spirit Aerosystems Holdings Inc (SPR) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Aerospace & Defense Industry. The insider ownership of Spirit Aerosystems Holdings Inc is 0.85%, while institutional ownership is 101.61%. The most recent insider transaction that took place on Aug 14 ’24, was worth 1,666,296.
Spirit Aerosystems Holdings Inc (SPR) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -1.42 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -63.19% per share during the next fiscal year.
Spirit Aerosystems Holdings Inc (NYSE: SPR) Trading Performance Indicators
Here are Spirit Aerosystems Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -10.30, a number that is poised to hit -0.36 in the next quarter and is forecasted to reach 1.00 in one year’s time.
Technical Analysis of Spirit Aerosystems Holdings Inc (SPR)
Let’s dig in a bit further. During the last 5-days, its volume was 1.27 million. That was inferior than the volume of 3.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.19%. Additionally, its Average True Range was 0.69.
During the past 100 days, Spirit Aerosystems Holdings Inc’s (SPR) raw stochastic average was set at 50.31%, which indicates a significant increase from 10.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.00% in the past 14 days, which was higher than the 28.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.52, while its 200-day Moving Average is $31.90. However, in the short run, Spirit Aerosystems Holdings Inc’s stock first resistance to watch stands at $33.20. Second resistance stands at $33.35. The third major resistance level sits at $33.54. If the price goes on to break the first support level at $32.85, it is likely to go to the next support level at $32.66. The third support level lies at $32.51 if the price breaches the second support level.
Spirit Aerosystems Holdings Inc (NYSE: SPR) Key Stats
With a market capitalization of 3.85 billion, the company has a total of 116,552K Shares Outstanding. Currently, annual sales are 6,048 M while annual income is -616,100 K. The company’s previous quarter sales were 1,492 M while its latest quarter income was -415,100 K.
