Spirit AeroSystems (SPR) Expected to Announce Quarterly Earnings on Tuesday

Spirit AeroSystems (NYSE:SPR - Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Tuesday, February 4th. Analysts expect the company to announce earnings of ($2.07) per share and revenue of $1.50 billion for the quarter.

Spirit AeroSystems Price Performance

SPR traded down $0.99 during mid-day trading on Friday, hitting $33.89. The stock had a trading volume of 1,386,335 shares, compared to its average volume of 1,166,867. The stock's fifty day simple moving average is $33.39 and its 200-day simple moving average is $33.34. The firm has a market capitalization of $3.96 billion, a price-to-earnings ratio of -2.73 and a beta of 1.81. Spirit AeroSystems has a 1-year low of $25.50 and a 1-year high of $37.08.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on SPR shares. StockNews.com started coverage on shares of Spirit AeroSystems in a research report on Monday. They issued a "sell" rating on the stock. TD Cowen upgraded 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, fifteen have given a hold rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target 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.