Spirit AeroSystems (SPR) Expected to Announce Earnings on Tuesday

Spirit AeroSystems (NYSE:SPR) is projected to post its quarterly earnings results before the market opens on Tuesday, February 4th. Analysts expect Spirit AeroSystems to post earnings of ($2.07) per share and revenue of $1.50 billion for the quarter.

Spirit AeroSystems Price Performance

SPR opened at $33.89 on Monday. Spirit AeroSystems has a 12 month low of $25.50 and a 12 month high of $37.08. The stock has a market cap of $3.96 billion, a P/E ratio of -2.73 and a beta of 1.81. The stock’s 50 day moving average price is $33.42 and its 200 day moving average price is $33.30.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on SPR shares. StockNews.com started coverage on Spirit AeroSystems in a research report on Monday, January 27th. They set a “sell” rating on the stock. TD Cowen upgraded Spirit AeroSystems to a “strong-buy” rating in a research report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $35.67.

Spirit AeroSystems Company Profile

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.