Several brokerages have updated their recommendations and price targets on shares of Spirit Aerosystems Holdings (NYSE: SPR) in the last few weeks:

  • 8/21/2017 – Spirit Aerosystems Holdings had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $81.00 price target on the stock, up previously from $63.00.
  • 8/10/2017 – Spirit Aerosystems Holdings was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $79.00 price target on the stock. According to Zacks, “SPIRIT AEROSYSTEMS is the world’s largest independent supplier of commercial airplane assemblies and components. In addition to its Kansas facility, Spirit has operations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury, England. In the U.S., Spirit’s core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America and Europe. Spirit Europe produces wing components for a host of customers, including Airbus. “
  • 8/10/2017 – Spirit Aerosystems Holdings was upgraded by analysts at Goldman Sachs Group, Inc. (The) from a “sell” rating to a “neutral” rating. They now have a $68.00 price target on the stock, up previously from $54.00.
  • 8/9/2017 – Spirit Aerosystems Holdings had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $80.00 price target on the stock, up previously from $65.00.
  • 8/8/2017 – Spirit Aerosystems Holdings had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $79.00 price target on the stock, up previously from $69.00.
  • 8/7/2017 – Spirit Aerosystems Holdings had its price target raised by analysts at Morgan Stanley from $66.00 to $81.00. They now have an “overweight” rating on the stock.
  • 8/5/2017 – Spirit Aerosystems Holdings was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/3/2017 – Spirit Aerosystems Holdings was upgraded by analysts at Seaport Global Securities from a “neutral” rating to a “buy” rating. They now have a $83.00 price target on the stock, up previously from $62.00.
  • 8/3/2017 – Spirit Aerosystems Holdings had its “outperform” rating reaffirmed by analysts at Credit Suisse Group. They now have a $80.00 price target on the stock, up previously from $74.00.
  • 8/3/2017 – Spirit Aerosystems Holdings had its price target raised by analysts at Canaccord Genuity from $65.00 to $80.00. They now have a “buy” rating on the stock.
  • 8/2/2017 – Spirit Aerosystems Holdings had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $69.00 price target on the stock. They wrote, “Investors should be positive to signed Boeing MOU, Q2’s underlying ops beat, solid.””
  • 7/27/2017 – Spirit Aerosystems Holdings was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 7/25/2017 – Spirit Aerosystems Holdings had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $68.00 price target on the stock.
  • 7/13/2017 – Spirit Aerosystems Holdings had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $66.00 price target on the stock, down previously from $67.00.
  • 7/13/2017 – Spirit Aerosystems Holdings was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.

Spirit Aerosystems Holdings, Inc. (NYSE SPR) opened at 70.69 on Thursday. The company has a market capitalization of $8.36 billion, a PE ratio of 25.38 and a beta of 1.36. Spirit Aerosystems Holdings, Inc. has a 12-month low of $42.26 and a 12-month high of $73.86. The firm has a 50-day moving average of $64.75 and a 200 day moving average of $59.12.

Spirit Aerosystems Holdings (NYSE:SPR) last posted its quarterly earnings data on Wednesday, August 2nd. The aerospace company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.37. Spirit Aerosystems Holdings had a net margin of 4.97% and a return on equity of 30.82%. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter last year, the firm posted $1.21 earnings per share. The firm’s revenue was down .2% compared to the same quarter last year. Analysts forecast that Spirit Aerosystems Holdings, Inc. will post $5.19 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 10th. Shareholders of record on Monday, September 18th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend is Friday, September 15th. Spirit Aerosystems Holdings’s dividend payout ratio is currently 14.60%.

In other news, Director Richard A. Gephardt sold 4,247 shares of Spirit Aerosystems Holdings stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $58.00, for a total transaction of $246,326.00. Following the sale, the director now owns 1,964 shares in the company, valued at $113,912. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.28% of the stock is owned by insiders.

Spirit AeroSystems Holdings, Inc is a non-original equipment manufacturer (OEM), aircraft parts designer and manufacturer of commercial aero-structures. The Company is also a supplier of aero-structures. The Company operates through three segments: Fuselage Systems, Propulsion Systems and Wing Systems.

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