Press coverage about Spirit AeroSystems (NYSE:SPR) has trended somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Spirit AeroSystems earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media coverage about the aerospace company an impact score of 47.1905747328982 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Spirit AeroSystems Holdings, Inc. (NYSE:SPR) – Radar for In Play Stock – Nasdaq Journal (press release) (nasdaqjournal.com)
- Spirit AeroSystems Holdings, Inc. (SPR) to Post FY2018 Earnings of $6.02 Per Share, SunTrust Banks Forecasts (americanbankingnews.com)
- Spirit AeroSystems Gains From Solid Jet Demand: Time to Buy? (finance.yahoo.com)
- Here’s Why You Should Stay Invested in Embraer SA (ERJ) (finance.yahoo.com)
- Here's Why You Should Stay Invested in Embraer SA (ERJ) (finance.yahoo.com)
Spirit AeroSystems (NYSE SPR) traded up $2.40 on Friday, reaching $96.55. The company had a trading volume of 812,299 shares, compared to its average volume of 1,030,000. Spirit AeroSystems has a twelve month low of $51.85 and a twelve month high of $96.70. The company has a current ratio of 1.56, a quick ratio of 0.85 and a debt-to-equity ratio of 0.60. The company has a market cap of $11,160.00, a PE ratio of 34.00, a PEG ratio of 1.54 and a beta of 1.16.
Spirit AeroSystems (NYSE:SPR) last posted its quarterly earnings results on Wednesday, November 1st. The aerospace company reported $1.26 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.26. Spirit AeroSystems had a return on equity of 31.14% and a net margin of 4.98%. The business had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter in the prior year, the business earned $1.16 EPS. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. analysts predict that Spirit AeroSystems will post 5.22 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Monday, January 8th. Investors of record on Monday, December 18th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date of this dividend was Friday, December 15th. Spirit AeroSystems’s dividend payout ratio (DPR) is presently 14.08%.
A number of equities research analysts have recently issued reports on SPR shares. ValuEngine cut Spirit AeroSystems from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 2nd. Jefferies Group upped their price objective on Spirit AeroSystems from $84.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, September 28th. Citigroup reiterated a “buy” rating and set a $85.00 price objective on shares of Spirit AeroSystems in a research note on Tuesday, September 26th. Canaccord Genuity reiterated a “buy” rating and set a $86.00 price objective (up previously from $80.00) on shares of Spirit AeroSystems in a research note on Thursday, September 28th. Finally, Zacks Investment Research upgraded Spirit AeroSystems from a “hold” rating to a “buy” rating and set a $89.00 price objective on the stock in a research note on Wednesday, October 11th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $84.11.
In other Spirit AeroSystems news, Director Robert D. Johnson sold 500 shares of the stock in a transaction on Friday, December 1st. The stock was sold at an average price of $84.13, for a total transaction of $42,065.00. Following the transaction, the director now owns 1,964 shares in the company, valued at approximately $165,231.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Duane F. Hawkins sold 5,000 shares of the stock in a transaction on Monday, November 6th. The stock was sold at an average price of $83.04, for a total value of $415,200.00. Following the transaction, the senior vice president now owns 39,374 shares in the company, valued at approximately $3,269,616.96. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.
About Spirit AeroSystems
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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