Spirit AeroSystems (SPR) to Release Earnings on Tuesday

Spirit AeroSystems (NYSE:SPR) will likely 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 Trading Up 0.5 %

NYSE:SPR opened at $34.43 on Friday. Spirit AeroSystems has a twelve month low of $28.30 and a twelve month high of $37.08. The firm has a market cap of $4.03 billion, a price-to-earnings ratio of -2.77 and a beta of 1.80. The company has a 50-day moving average of $33.98 and a 200-day moving average of $33.24.

Analysts Set New Price Targets

Several research analysts have issued reports on SPR shares. StockNews.com started coverage on Spirit AeroSystems in a report on Thursday. They issued a “sell” rating on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $37.25 target price on shares of Spirit AeroSystems in a report on Tuesday, February 11th. Finally, TD Cowen raised Spirit AeroSystems to a “strong-buy” rating in a research note on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target 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.