Spirit AeroSystems (SPR) to Release Quarterly Earnings on Tuesday

Spirit AeroSystems (NYSE:SPR) is expected to be announcing its earnings results before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of ($1.86) per share and revenue of $1.94 billion for the quarter.

Spirit AeroSystems Price Performance

NYSE SPR opened at $33.88 on Friday. The company has a fifty day moving average price of $33.99 and a 200-day moving average price of $33.24. Spirit AeroSystems has a 1 year low of $28.30 and a 1 year high of $37.08. The firm has a market cap of $3.96 billion, a price-to-earnings ratio of -2.73 and a beta of 1.80.

Analyst Upgrades and Downgrades

SPR has been the subject of several analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $37.25 price objective on shares of Spirit AeroSystems in a research note on Tuesday, February 11th. StockNews.com started coverage on Spirit AeroSystems in a research report on Thursday. They set a “sell” rating for the company. Finally, TD Cowen upgraded Spirit AeroSystems to a “strong-buy” rating in a research note on Thursday, December 19th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $36.00.

Spirit AeroSystems Company Profile

Spirit AeroSystems Holdings, Inc engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and wing systems.