Spirit AeroSystems Holdings (NYSE:SPR) announced its earnings results on Friday. The company reported $0.77 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.60 by $0.17, Stock Ratings Network reports. The company had revenue of $1.50 million for the quarter, compared to the consensus estimate of $1.51 million.
Spirit AeroSystems Holdings (NYSE:SPR) opened at 26.69 on Friday. Spirit AeroSystems Holdings has a one year low of $13.96 and a one year high of $26.98. The stock has a 50-day moving average of $24.80 and a 200-day moving average of $22.94. The company’s market cap is $3.861 billion.
A number of analysts have recently weighed in on SPR shares. Analysts at Canaccord Genuity initiated coverage on shares of Spirit AeroSystems Holdings in a research note to investors on Wednesday, October 9th. They set a “hold” rating and a $26.00 price target on the stock. On the ratings front, analysts at Deutsche Bank raised their price target on shares of Spirit AeroSystems Holdings from $22.00 to $24.00 in a research note to investors on Wednesday, October 9th. They now have a “hold” rating on the stock. Finally, analysts at Standpoint Research upgraded shares of Spirit AeroSystems Holdings from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, September 24th. They now have a $30.00 price target on the stock. Thirteen equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $24.54.
Spirit AeroSystems Holdings, Inc (NYSE:SPR) is an independent non- original equipment manufacturer (OEM) aircraft parts designers and manufacturers of commercial aerostructures.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.