Spirit Aerosystems Holdings Stock Today

SPR Stock  USD 32.53  0.27  0.84%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 33

 
100  
 
Zero
Below Average
Spirit Aerosystems is selling at 32.53 as of the 18th of March 2024; that is 0.84 percent increase since the beginning of the trading day. The stock's lowest day price was 31.62. Spirit Aerosystems has about a 33 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Spirit Aerosystems Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
21st of November 2006
Category
Industrials
Spirit AeroSystems Holdings, Inc. designs, engineers, manufactures, and markets commercial aerostructures worldwide. Spirit AeroSystems Holdings, Inc. was founded in 1927 and is headquartered in Wichita, Kansas. Spirit Aerosystems operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. The company has 116.22 M outstanding shares of which 11.82 M shares are at this time shorted by investors with about 3.84 days to cover. More on Spirit Aerosystems Holdings

Moving against Spirit Stock

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Spirit Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Spirit Aerosystems' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Spirit Aerosystems or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Spirit Aerosystems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Spirit Aerosystems' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO PresidentHon Shanahan
Thematic Ideas
(View all Themes)
Old Names[AXEL SPRINGER N, Axel Springer SE, Axel Springer SE, AXEL SPRINGER N - Dusseldorf Stock Exchang, AXEL SPRINGER N - Hanover Stock Exchang, AXEL SPRINGER N, AXEL SPRINGER N (SPR.SG), Axel Springer SE]
Business ConcentrationAerospace & Defense, Industrials, NYSE Composite, WSE WIG INDEX, Aircraft, Military Industrial, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Spirit Aerosystems report their recommendations after researching Spirit Aerosystems' financial statements, talking to executives and customers, or listening in on Spirit Aerosystems' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Spirit Aerosystems. The Spirit consensus assessment is calculated by taking the average forecast from all of the analysts covering Spirit Aerosystems.
Financial Strength
Based on the key indicators related to Spirit Aerosystems' liquidity, profitability, solvency, and operating efficiency, Spirit Aerosystems Holdings may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Spirit Aerosystems is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.090.8702
Significantly Up
Pretty Stable
Net Debt3.5 B3.4 B
Sufficiently Up
Slightly volatile
Total Current Liabilities1.4 B2.2 B
Way Down
Slightly volatile
Non Current Liabilities Total3.1 B5.2 B
Way Down
Slightly volatile
Total Assets5.9 BB
Fairly Down
Slightly volatile
Total Current Assets3.3 B3.8 B
Fairly Down
Slightly volatile
Spirit Aerosystems' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Spirit Aerosystems' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Spirit Aerosystems' financial leverage. It provides some insight into what part of Spirit Aerosystems' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Spirit Aerosystems' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Spirit Aerosystems deploys its capital and how much of that capital is borrowed.
Liquidity
Spirit Aerosystems cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 4.18 B in debt. Spirit Aerosystems has a current ratio of 1.39, which is typical for the industry and considered as normal. Debt can assist Spirit Aerosystems until it has trouble settling it off, either with new capital or with free cash flow. So, Spirit Aerosystems' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Spirit Aerosystems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spirit to invest in growth at high rates of return. When we think about Spirit Aerosystems' use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

(98.61 Million)
Spirit Aerosystems Holdings (SPR) is traded on New York Stock Exchange in USA. It is located in 3801 South Oliver Street, Wichita, KS, United States, 67210 and employs 20,655 people. Spirit Aerosystems is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Spirit Aerosystems's market, we take the total number of its shares issued and multiply it by Spirit Aerosystems's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Spirit Aerosystems runs under Aerospace & Defense sector within Industrials industry. The entity has 116.22 M outstanding shares of which 11.82 M shares are at this time shorted by investors with about 3.84 days to cover. Spirit Aerosystems Holdings has about 658.6 M in cash with (225.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.37.
Check Spirit Aerosystems Probability Of Bankruptcy
Ownership Allocation
Spirit Aerosystems maintains a total of 116.22 Million outstanding shares. The majority of Spirit Aerosystems outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Spirit Aerosystems to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Spirit Aerosystems. Please pay attention to any change in the institutional holdings of Spirit Aerosystems Holdings as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Spirit Ownership Details

Spirit Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Spirit Aerosystems jumping above the current price in 90 days from now is about 13.01%. The Spirit Aerosystems Holdings probability density function shows the probability of Spirit Aerosystems stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Spirit Aerosystems Holdings has a beta of -0.0647. This usually implies as returns on benchmark increase, returns on holding Spirit Aerosystems are expected to decrease at a much lower rate. During the bear market, however, Spirit Aerosystems Holdings is likely to outperform the market. Additionally, the company has an alpha of 0.2631, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 32.53HorizonTargetOdds Above 32.53
86.90%90 days
 32.53 
13.01%
Based on a normal probability distribution, the odds of Spirit Aerosystems to move above the current price in 90 days from now is about 13.01 (This Spirit Aerosystems Holdings probability density function shows the probability of Spirit Stock to fall within a particular range of prices over 90 days) .

Spirit Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Spirit Aerosystems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Spirit Aerosystems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Spirit Aerosystems' value.
InstituionRecorded OnShares
Sei Investments Co2023-12-31
M
Norges Bank2023-12-31
M
Anomaly Capital Management, Lp2023-12-31
1.8 M
Balyasny Asset Management Llc2023-12-31
1.7 M
Amvescap Plc.2023-12-31
1.7 M
Geode Capital Management, Llc2023-12-31
1.7 M
Cooper Creek Partners Management Llc2023-12-31
1.6 M
Millennium Management Llc2023-12-31
1.5 M
Northern Trust Corp2023-12-31
1.2 M
Vanguard Group Inc2023-12-31
10.8 M
T. Rowe Price Associates, Inc.2023-12-31
10 M
View Spirit Aerosystems Diagnostics

Spirit Aerosystems Historical Income Statement

Spirit Aerosystems Holdings Income Statement is one of the three primary financial statements used for reporting Spirit's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Spirit Aerosystems revenue and expense. Spirit Aerosystems Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Spirit Aerosystems' Interest Expense is relatively stable compared to the past year. As of 03/18/2024, Gross Profit is likely to grow to about 388.7 M, while Total Revenue is likely to drop slightly above 5.6 B. View More Fundamentals

Spirit Stock Against Markets

Picking the right benchmark for Spirit Aerosystems stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Spirit Aerosystems stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Spirit Aerosystems is critical whether you are bullish or bearish towards Spirit Aerosystems Holdings at a given time. Please also check how Spirit Aerosystems' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Spirit Aerosystems without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Spirit Aerosystems Corporate Directors

Spirit Aerosystems corporate directors refer to members of a Spirit Aerosystems board of directors. The board of directors generally takes responsibility for the Spirit Aerosystems' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Spirit Aerosystems' board members must vote for the resolution. The Spirit Aerosystems board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Laura WrightIndependent DirectorProfile
Stephen CamboneIndependent DirectorProfile
Richard GephardtIndependent DirectorProfile
Francis RabornIndependent DirectorProfile

How to buy Spirit Stock?

Before investing in Spirit Aerosystems, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Spirit Aerosystems. To buy Spirit Aerosystems stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Spirit Aerosystems. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Spirit Aerosystems stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Spirit Aerosystems Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Spirit Aerosystems Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Spirit Aerosystems Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Spirit Stock please use our How to Invest in Spirit Aerosystems guide.

Already Invested in Spirit Aerosystems Holdings?

The danger of trading Spirit Aerosystems Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Spirit Aerosystems is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Spirit Aerosystems. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Spirit Aerosystems is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Spirit Aerosystems is a strong investment it is important to analyze Spirit Aerosystems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Spirit Aerosystems' future performance. For an informed investment choice regarding Spirit Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spirit Aerosystems Holdings. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Spirit Aerosystems' price analysis, check to measure Spirit Aerosystems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spirit Aerosystems is operating at the current time. Most of Spirit Aerosystems' value examination focuses on studying past and present price action to predict the probability of Spirit Aerosystems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirit Aerosystems' price. Additionally, you may evaluate how the addition of Spirit Aerosystems to your portfolios can decrease your overall portfolio volatility.
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Is Spirit Aerosystems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spirit Aerosystems. If investors know Spirit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spirit Aerosystems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Earnings Share
(5.78)
Revenue Per Share
56.735
Quarterly Revenue Growth
0.373
Return On Assets
(0.02)
The market value of Spirit Aerosystems is measured differently than its book value, which is the value of Spirit that is recorded on the company's balance sheet. Investors also form their own opinion of Spirit Aerosystems' value that differs from its market value or its book value, called intrinsic value, which is Spirit Aerosystems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spirit Aerosystems' market value can be influenced by many factors that don't directly affect Spirit Aerosystems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spirit Aerosystems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spirit Aerosystems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spirit Aerosystems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.