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 price target was 74, implying potential capital gains of 22.09 percent. The most pessimistic price target was 48, which equates to a potential downside of -20.81 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0.31 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.21 percent.
People are often interested in whether analysts were united in the direction of their 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. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
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. PEG ratios below 1 are often considered desirable, 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.
SPR has traded between a high of 62.90 and a low of 42.26 over the past year. 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 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's next earnings release will be on 0000-00-00, which is days away.