Spirit AeroSystems (SPR) to Release Earnings on Tuesday

Spirit AeroSystems (NYSE:SPR) will likely be releasing its earnings data before the market opens on Tuesday, February 25th. Analysts expect Spirit AeroSystems to post earnings of ($1.86) per share and revenue of $1.94 billion for the quarter.

Spirit AeroSystems Price Performance

Shares of Spirit AeroSystems stock opened at $33.88 on Monday. The firm has a market capitalization of $3.96 billion, a PE ratio of -2.73 and a beta of 1.80. The company’s fifty day moving average price is $33.99 and its two-hundred day moving average price is $33.24. Spirit AeroSystems has a 52-week low of $28.30 and a 52-week high of $37.08.

Wall Street Analyst Weigh In

Several brokerages have issued reports on SPR. Royal Bank of Canada reissued a “sector perform” rating and issued a $37.25 price target on shares of Spirit AeroSystems in a report on Tuesday, February 11th. StockNews.com began coverage on shares of Spirit AeroSystems in a report on Thursday. They issued a “sell” rating on the stock. Finally, TD Cowen raised shares of Spirit AeroSystems to a “strong-buy” rating in a report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $36.00.

About Spirit AeroSystems

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.