Spirit Aerosystems Holdings Inc. (NYSE:SPR) shares traded down 2.5% during trading on Friday . The company traded as low as $43.52 and last traded at $43.55, with a volume of 313,151 shares changing hands. The stock had previously closed at $44.68.

A number of research analysts have commented on the stock. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Spirit Aerosystems Holdings in a research report on Wednesday, June 8th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $48.00 target price (down previously from $53.00) on shares of Spirit Aerosystems Holdings in a research report on Monday, July 11th. Vetr cut shares of Spirit Aerosystems Holdings from a “strong-buy” rating to a “buy” rating and set a $50.00 target price on the stock. in a research report on Wednesday, August 3rd. Standpoint Research reaffirmed a “buy” rating on shares of Spirit Aerosystems Holdings in a research report on Wednesday, July 27th. Finally, Barclays PLC reduced their price target on shares of Spirit Aerosystems Holdings from $56.00 to $53.00 and set an “overweight” rating on the stock in a research report on Thursday, June 9th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. Spirit Aerosystems Holdings currently has an average rating of “Buy” and a consensus target price of $55.18.

The stock has a 50-day moving average price of $44.86 and a 200 day moving average price of $45.47. The firm has a market cap of $5.58 billion, a price-to-earnings ratio of 8.72 and a beta of 1.17.

Spirit Aerosystems Holdings (NYSE:SPR) last released its quarterly earnings data on Wednesday, August 3rd. The company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.15. The business had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.69 billion. Spirit Aerosystems Holdings had a return on equity of 27.50% and a net margin of 9.95%. The company’s revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.11 EPS. Equities research analysts predict that Spirit Aerosystems Holdings Inc. will post $4.44 EPS for the current year.

In related news, SVP Duane F. Hawkins sold 9,923 shares of the business’s stock in a transaction that occurred on Monday, June 27th. The stock was sold at an average price of $42.09, for a total transaction of $417,659.07. Following the transaction, the senior vice president now directly owns 37,436 shares of the company’s stock, valued at approximately $1,575,681.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP John A. Pilla sold 8,688 shares of the business’s stock in a transaction that occurred on Friday, July 15th. The stock was sold at an average price of $43.56, for a total value of $378,449.28. Following the transaction, the senior vice president now directly owns 112,721 shares in the company, valued at $4,910,126.76. The disclosure for this sale can be found here. 0.41% of the stock is owned by insiders.

Institutional investors have recently added to or reduced their stakes in the company. Macquarie Group Ltd. raised its position in Spirit Aerosystems Holdings by 41.8% in the second quarter. Macquarie Group Ltd. now owns 51,200 shares of the company’s stock valued at $2,202,000 after buying an additional 15,100 shares during the period. Royal Bank of Canada raised its position in Spirit Aerosystems Holdings by 14.2% in the second quarter. Royal Bank of Canada now owns 168,207 shares of the company’s stock valued at $7,232,000 after buying an additional 20,874 shares during the period. Stifel Financial Corp raised its position in Spirit Aerosystems Holdings by 12.7% in the second quarter. Stifel Financial Corp now owns 14,915 shares of the company’s stock valued at $642,000 after buying an additional 1,680 shares during the period. Amalgamated Bank raised its position in Spirit Aerosystems Holdings by 11.5% in the second quarter. Amalgamated Bank now owns 18,659 shares of the company’s stock valued at $826,000 after buying an additional 1,924 shares during the period. Finally, Legal & General Group Plc raised its position in Spirit Aerosystems Holdings by 14.1% in the second quarter. Legal & General Group Plc now owns 53,851 shares of the company’s stock valued at $2,313,000 after buying an additional 6,644 shares during the period.

Spirit Aerosystems Holdings Company Profile

Spirit AeroSystems Holdings, Inc is a non-original equipment manufacturer (OEM) aircraft parts designer and manufacturer of commercial aero-structures. The Company is a supplier of aero-structures to The Boeing Company (Boeing) and Airbus SAS (Airbus). The Company operates through three segments: Fuselage Systems, Propulsion Systems and Wing Systems.

5 Day Chart for NYSE:SPR

Receive News & Ratings for Spirit Aerosystems Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirit Aerosystems Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.