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Shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR - Get Rating) have received an average recommendation of "Moderate Buy" from the twelve ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $58.60.

Several brokerages have recently commented on SPR. Susquehanna decreased their target price on Spirit AeroSystems from $55.00 to $50.00 in a report on Thursday, May 5th. StockNews.com assumed coverage on Spirit AeroSystems in a report on Thursday, March 31st. They set a "hold" rating on the stock. Sanford C. Bernstein decreased their price target on Spirit AeroSystems from $66.00 to $58.00 in a report on Thursday, May 5th. TheStreet cut Spirit AeroSystems from a "c-" rating to a "d+" rating in a report on Wednesday, June 1st. Finally, Royal Bank of Canada raised their price target on Spirit AeroSystems from $56.00 to $58.00 and gave the company an "outperform" rating in a report on Thursday, March 3rd.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Whittier Trust Co. raised its position in shares of Spirit AeroSystems by 175.6% during the fourth quarter. Whittier Trust Co. now owns 733 shares of the aerospace company's stock worth $32,000 after purchasing an additional 467 shares during the period. Huntington National Bank raised its position in shares of Spirit AeroSystems by 166.1% during the fourth quarter. Huntington National Bank now owns 801 shares of the aerospace company's stock worth $35,000 after purchasing an additional 500 shares during the period. Selective Wealth Management Inc. acquired a new stake in shares of Spirit AeroSystems during the first quarter worth about $50,000. Rockefeller Capital Management L.P. raised its position in Spirit AeroSystems by 242.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,197 shares of the aerospace company's stock valued at $51,000 after buying an additional 847 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its position in Spirit AeroSystems by 97.5% in the 4th quarter. Quadrant Capital Group LLC now owns 1,335 shares of the aerospace company's stock valued at $58,000 after buying an additional 659 shares during the last quarter. 79.33% of the stock is currently owned by institutional investors.

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Spirit AeroSystems stock opened at $29.73 on Wednesday. The company has a debt-to-equity ratio of 9.77, a current ratio of 1.98 and a quick ratio of 1.22. The stock has a fifty day moving average price of $33.43 and a two-hundred day moving average price of $41.56. Spirit AeroSystems has a 52-week low of $26.18 and a 52-week high of $53.31. The firm has a market capitalization of $3.12 billion, a P/E ratio of -7.34 and a beta of 1.76.

Spirit AeroSystems (NYSE:SPR - Get Rating) last announced its earnings results on Wednesday, May 4th. The aerospace company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.61) by $0.64. The company had revenue of $1.18 billion for the quarter, compared to analysts' expectations of $1.09 billion. Spirit AeroSystems had a negative return on equity of 51.61% and a negative net margin of 9.98%. The business's revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the business earned ($1.22) earnings per share. On average, equities research analysts predict that Spirit AeroSystems will post -0.12 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 7th. Shareholders of record on Thursday, June 16th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.13%. The ex-dividend date of this dividend is Wednesday, June 15th. Spirit AeroSystems's dividend payout ratio (DPR) is currently -0.99%.

Spirit AeroSystems Company Profile (Get Rating)

Spirit AeroSystems Holdings, Inc designs, engineers, manufactures, and markets 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, struts/pylons, nacelles, and related engine structural components; and wings and wing components, including flight control surfaces, as well as other structural parts.

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