The stock of Spirit Aerosystems Holdings Inc (SPR) has gone up by 0.03% for the week, with a 9.16% rise in the past month and a 10.03% rise in the past quarter. The volatility ratio for the week is 2.28%, and the volatility levels for the past 30 days are 2.01% for SPR. The simple moving average for the past 20 days is 2.93% for SPR’s stock, with a 19.87% simple moving average for the past 200 days.
Is It Worth Investing in Spirit Aerosystems Holdings Inc (NYSE: SPR) Right Now?
Additionally, the 36-month beta value for SPR is 1.84. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 5 rating it as “overweight,” 8 rating it as “hold,” and 2 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for SPR is 115.64M and currently, short sellers hold a 10.23% ratio of that float. The average trading volume of SPR on July 30, 2024 was 3.46M shares.
SPR) stock’s latest price update
Spirit Aerosystems Holdings Inc (NYSE: SPR)’s stock price has soared by 1.16 in relation to previous closing price of 35.47. Nevertheless, the company has seen a gain of 0.03% in its stock price over the last five trading days. zacks.com reported 2024-07-29 that Spirit Aerosystems (SPR) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of SPR
TD Cowen, on the other hand, stated in their research note that they expect to see SPR reach a price target of $35, previously predicting the price at $27. The rating they have provided for SPR stocks is “Outperform” according to the report published on February 08th, 2024.
SPR Trading at 10.29% from the 50-Day Moving Average
After a stumble in the market that brought SPR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.27% of loss for the given period.
Volatility was left at 2.01%, however, over the last 30 days, the volatility rate increased by 2.28%, as shares surge +5.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.91% upper at present.
During the last 5 trading sessions, SPR rose by +0.14%, which changed the moving average for the period of 200-days by +104.67% in comparison to the 20-day moving average, which settled at $34.96. In addition, Spirit Aerosystems Holdings Inc saw 12.90% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SPR
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- -0.04 for the gross margin
The net margin for Spirit Aerosystems Holdings Inc stands at -0.15. The total capital return value is set at -0.13.
Based on Spirit Aerosystems Holdings Inc (SPR), the company’s capital structure generated 1.37 points at debt to capital in total, while cash flow to debt ratio is standing at -0.14. The debt to equity ratio resting at -3.73. The interest coverage ratio of the stock is -3.31.
Currently, EBITDA for the company is 188.6 million with net debt to EBITDA at -10.6. When we switch over and look at the enterprise to sales, we see a ratio of 1.27. The receivables turnover for the company is 4.5for trailing twelve months and the total asset turnover is 0.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.52.
Conclusion
In conclusion, Spirit Aerosystems Holdings Inc (SPR) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
