Spirit Aerosystems Holdings Inc (SPR)’s latest performance is not what we had anticipated

Spirit Aerosystems Holdings Inc (NYSE: SPR) on Friday, soared 3.57% from the previous trading day, before settling in for the closing price of $31.38. Within the past 52 weeks, SPR’s price has moved between $25.16 and $37.08.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 3.15%. The company achieved an average annual earnings per share of -155.27%. With a float of $115.81 million, this company’s outstanding shares have now reached $116.05 million.

The extent of productivity of a business whose workforce counts for 20655 workers is very important to gauge. In terms of profitability, gross margin is -9.89%, operating margin of -15.59%, and the pretax margin is -21.8%.

Spirit Aerosystems Holdings Inc (SPR) Insider Updates

Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of Spirit Aerosystems Holdings Inc is 0.94%, while institutional ownership is 91.98%. The most recent insider transaction that took place on Aug 14 ’24, was worth 1,666,296.

Spirit Aerosystems Holdings Inc (SPR) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -155.27% 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 0.61.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.43, a number that is poised to hit -1.24 in the next quarter and is forecasted to reach -0.78 in one year’s time.

Technical Analysis of Spirit Aerosystems Holdings Inc (SPR)

The latest stats from [Spirit Aerosystems Holdings Inc, SPR] show that its last 5-days average volume of 2.08 million was inferior to 3.01 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 85.27%. Additionally, its Average True Range was 0.95.

During the past 100 days, Spirit Aerosystems Holdings Inc’s (SPR) raw stochastic average was set at 43.87%, which indicates a significant decrease from 78.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.08% in the past 14 days, which was higher than the 25.80% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $32.13, while its 200-day Moving Average is $32.71. Now, the first resistance to watch is $32.90. This is followed by the second major resistance level at $33.29. The third major resistance level sits at $34.06. If the price goes on to break the first support level at $31.74, it is likely to go to the next support level at $30.97. Assuming the price breaks the second support level, the third support level stands at $30.58.

Spirit Aerosystems Holdings Inc (NYSE: SPR) Key Stats

Market capitalization of the company is 3.94 billion based on 116,912K 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 -476,600 K in sales during its previous quarter.