Analyst Ratings for Spirit AeroSystems Holdings Inc. Cl A (SPR)Updated: 2017-07-26
Analysts covering Spirit AeroSystems Holdings Inc. Cl A (NYSE:SPR) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for SPR last month.
A buy rating was issued by 7 analysts, 3 gave an overweight rating, 8 issued a hold rating, 1 issued an underweight rating, and 2 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for SPR. The most optimistic analyst gave a price target of 74, implying a possible profit of 22.09 percent. The minimum price target given was 48, which equates to a potential downside of -20.81 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.41 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.82 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.31 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.21 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.
The growth rate of SPR's earnings is estimated by analysts to be 34.5 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SPR is 0.49.
In the trailing 52-weeks, SPR hit 62.90 at the highest peak, while it's lowest trading point was 42.26. The current market price is above the trailing year's low by 43.42 percent, and below the high by 3.64 percent. SPR has a P/E ratio of 16.96. Investors typically compare the P/E ratio to a company's peers in the industry. The SPR value stock report compares SPR to some of its peers using value stock charts. The market cap of SPR is $7.34 billion. SPR will post this quarters earnings in days, on 0000-00-00.