SPR stock icon

Spirit AeroSystems
SPR

$35.87
2.37%

Market Cap: 4.18B

 

About: Spirit AeroSystems manufactures aerostructures, particularly fuselages, cockpits, wing sections, engine pylons, and nacelles for commercial and military aircraft. The company was spun out of Boeing in 2005, and the firm is the largest independent supplier of aerostructures for commercial aircraft. Boeing and Airbus are the firm's primary customers—Boeing represented roughly 60% and Airbus roughly 20% of revenue in recent years. The company is highly exposed to Boeing's beleaguered 737 program, which accounts for nearly half the company's revenue.

Employees: 20,655

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 17 analysts
0
News positive %
of 57 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

15% more capital invested

Capital invested by funds: $3.43B [Q4 2023] → $3.94B (+$510M) [Q1 2024]

1% more funds holding

Funds holding: 287 [Q4 2023] → 291 (+4) [Q1 2024]

7% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 59

0.84% more ownership

Funds ownership: 93.14% [Q4 2023] → 93.98% (+0.84%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q4 2023] → 6 (+0) [Q1 2024]

18% less repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 108

38% less call options, than puts

Call options by funds: $170M | Put options by funds: $276M

Research analyst outlook

17 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$30
16%
downside
Avg. target
$35
2%
downside
High target
$40
12%
upside

17 analyst ratings

positive
18%
14 neutral
82%
negative
0%
Truist Securities
Michael Ciarmoli
2%downside
$35
Hold
Maintained
17 Jul 2024
Susquehanna
Charles Minervino
3%upside
$37
Neutral
Downgraded
17 Jul 2024
Baird
Peter Arment
4%upside
$37.25
Neutral
Downgraded
12 Jul 2024
JP Morgan
Seth Seifman
3%upside
$37
Neutral
Downgraded
8 Jul 2024
Stifel
Bert Subin
4%upside
$37.25
Hold
Maintained
8 Jul 2024

Financial journalist opinion

Based on 57 articles about SPR published over the past 30 days