Can Spirit Aerosystems Holdings Inc’s (SPR) drop of -0.18% in a week be considered a lucky break?

Spirit Aerosystems Holdings Inc (NYSE: SPR) on Tuesday, plunged -0.52% from the previous trading day, before settling in for the closing price of $32.90. 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 -147.51%. 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 4.24%, operating margin of 3.06%, and the pretax margin is -21.8%.

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 100.88%. 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 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.48 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.87) by -0.39. 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 -147.51% 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 0.56 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 0.59.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.43, a number that is poised to hit -1.12 in the next quarter and is forecasted to reach -0.61 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 1.24 million. That was inferior than the volume of 3.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 76.11%. Additionally, its Average True Range was 0.82.

During the past 100 days, Spirit Aerosystems Holdings Inc’s (SPR) raw stochastic average was set at 46.36%, which indicates a significant decrease from 67.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.33% in the past 14 days, which was higher than the 27.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $32.84, while its 200-day Moving Average is $32.46. However, in the short run, Spirit Aerosystems Holdings Inc’s stock first resistance to watch stands at $33.26. Second resistance stands at $33.80. The third major resistance level sits at $34.09. If the price goes on to break the first support level at $32.43, it is likely to go to the next support level at $32.14. The third support level lies at $31.60 if the price breaches the second support level.

Spirit Aerosystems Holdings Inc (NYSE: SPR) Key Stats

Market capitalization of the company is 3.82 billion based on 116,552K outstanding shares. Right now, sales total 6,048 M and income totals -616,100 K. The company made 1,471 M in profit during its latest quarter, and -476,900 K in sales during its previous quarter.