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.
Many analysts weighed in on price targets for SPR. The most optimistic analyst gave a price target of 74, which equates to a potential upside of 22.09 percent. The most pessimistic price target was 48, implying a possible loss of -20.81 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.41 percent on average, compared to last month. That number becomes -0.82 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.31 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.21 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, 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, while 1 analysts made negative revisions to their fiscal year's estimates.
SPR has an estimated earnings growth rate of 34.5 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SPR has a PEG ratio of 0.49.
In the last 52-weeks, SPR has achieved a high of 62.90 and a low of 42.26. Today's price is 43.42 percent above the 52-week low, and 3.64 percent lower than its 52-week high. SPR has a price/earnings 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 stock has a market capitalization of $7.34 billion. SPR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.