Spirit Aerosystems Holdings Inc (SPR) recent activity suggests a positive outlook with the last week’s performance of 6.09%

Spirit Aerosystems Holdings Inc (NYSE: SPR) on Monday, soared 4.29% from the previous trading day, before settling in for the closing price of $31.73. Within the past 52 weeks, SPR’s price has moved between $20.98 and $37.08.

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A company in the Industrials sector has jumped its sales by 3.15% annually for the last half of the decade. The company achieved an average annual earnings per share of -89.61%. With a float of $115.53 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

Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of Spirit Aerosystems Holdings Inc is 0.93%, while institutional ownership is 100.90%. 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

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -1.42 earnings per share (EPS) for the period topping the consensus outlook (set at -1.54) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -89.61% per share during the next fiscal year.

Spirit Aerosystems Holdings Inc (NYSE: SPR) Trading Performance Indicators

Spirit Aerosystems Holdings Inc (SPR) is currently performing well based on its current performance indicators. A quick ratio of 0.64 was reported for the most recent quarter. 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 -0.61 in the next quarter and is forecasted to reach 0.84 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 1.17 million. That was inferior than the volume of 3.12 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.27%. Additionally, its Average True Range was 0.73.

During the past 100 days, Spirit Aerosystems Holdings Inc’s (SPR) raw stochastic average was set at 50.80%, which indicates a significant decrease from 85.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.52% in the past 14 days, which was higher than the 26.62% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $33.34, while its 200-day Moving Average is $32.22. However, in the short run, Spirit Aerosystems Holdings Inc’s stock first resistance to watch stands at $33.53. Second resistance stands at $33.97. The third major resistance level sits at $34.43. If the price goes on to break the first support level at $32.63, it is likely to go to the next support level at $32.17. The third support level lies at $31.73 if the price breaches the second support level.

Spirit Aerosystems Holdings Inc (NYSE: SPR) Key Stats

Market capitalization of the company is 3.86 billion based on 116,552K outstanding shares. Right now, sales total 6,048 M and income totals -616,100 K. The company made 1,492 M in profit during its latest quarter, and -415,100 K in sales during its previous quarter.