Spirit AeroSystems (NYSE:SPR) Earns Coverage Optimism Score of 0.23

Marco Green
March 14, 2018

(NYSE:SPR) has risen 15.24% since March 10, 2017 and is uptrending. It has underperformed by 1.46% the S&P500.

Northpointe Capital Llc decreased its stake in Spirit Aerosystems Hldgs Inc (SPR) by 10.64% based on its latest 2017Q3 regulatory filing with the SEC. Security National Bank Of So Dak bought 20,833 shares as the company's stock declined 7.81% while stock markets rallied. Darsana Capital Partners Lp who had been investing in Spirit Aerosystems Hldgs Inc for a number of months, seems to be less bullish one the $10.30 billion market cap company. The stock increased 5.71% or $0.1 during the last trading session, reaching $1.85. About 311,706 shares traded. AT&T Inc. (NYSE:T) has declined 0.52% since March 8, 2017 and is downtrending. It has underperformed by 14.03% the S&P500.

Among 25 analysts covering Amgen Inc. (NASDAQ:FB) on Tuesday, October 10. Therefore 44% are positive. The company was maintained on Monday, August 7 by Morgan Stanley. The firm has "Buy" rating by Cowen & Co given on Wednesday, August 2. Rosenblatt maintained NETGEAR, Inc. UBS has "Buy" rating and $180 target. On Thursday, June 9 the stock rating was upgraded by Buckingham Research to "Neutral". The firm has "Outperform" rating given on Wednesday, April 12 by Wells Fargo. (NYSE:SPR) has "Buy" rating given on Monday, July 24 by Jefferies. (NASDAQ:AMGN) has "Market Perform" rating given on Wednesday, July 26 by BMO Capital Markets.

The stock increased 1.80% or $3.37 during the last trading session, reaching $190.55. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.64 and a quick ratio of 0.74. 18 funds opened positions while 27 raised stakes. It also reduced Booz Allen Hamilton Hldg Corp (NYSE:BAH) stake by 18,865 shares and now owns 22,061 shares. Brandes Investment Prtnrs LP holds 0.04% or 55,029 shares. Quantitative Systematic Strategies Ltd reported 2,919 shares. Deutsche Bancorp Ag has invested 0% in DURECT Corporation (NASDAQ:DRRX). Investors of record on Monday, March 19th will be issued a dividend of $0.10 per share. (NYSE:T) for 50,649 shares. Renaissance Technologies Ltd Liability holds 98,701 shares or 0% of its portfolio. 3,698 were reported by Marble Harbor Counsel Ltd Llc. Jacobs Levy Equity Management Inc stated it has 0.58% in AT&T Inc. Aqr Capital Mgmt Lc owns 4.11M shares for 0.38% of their portfolio.

Investors sentiment increased to 1.09 in 2017 Q3. Its down 0.08, from 1.16 in 2017Q2.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hound Partners Llc owns 4.71 million shares or 8.7% of their U.S. portfolio.

Aperio Group LLC lifted its holdings in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Jane Street Gp Ltd Liability owns 0% invested in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) by 14.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). 490,082 were accumulated by Utd Svcs Automobile Association. Spirit AeroSystems has a 1 year low of $51.85 and a 1 year high of $105.20. (NYSE:SPR) for 87,548 shares. Maverick Capital Limited, Texas-based fund reported 69,520 shares. Amica Retiree Medical Tru accumulated 4,584 shares or 0.67% of the stock. (NYSE:SPR). Parallax Volatility Advisers Limited Partnership has 0% invested in Spirit AeroSystems Holdings, Inc. Quantum Capital owns 116,405 shares for 2.14% of their portfolio. Moreover, Manufacturers Life Insurance Commerce The has 0% invested in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Citadel Limited Liability Com holds 254,600 shares. Fmr Ltd owns 1.18M shares. Spirit AeroSystems's revenue for the quarter was up 9.2% on a year-over-year basis. Koch Indus holds 0.17% of its portfolio in Spirit AeroSystems Holdings, Inc.

Spirit AeroSystems (NYSE:SPR) last released its earnings results on Friday, February 2nd. SPR's profit will be $156.18 million for 16.49 P/E if the $1.38 EPS becomes a reality. After $2.89 actual EPS reported by Amgen Inc. for the previous quarter, Wall Street now forecasts 10.73% EPS growth. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have assigned a buy rating to the stock. Therefore 93% are positive. ValuEngine downgraded shares of Spirit AeroSystems from a "strong-buy" rating to a "buy" rating in a report on Tuesday, December 5th. The institutional investor held 62,296 shares of the biological products (no diagnostic substances) company at the end of 2017Q3, valued at $11.62M, down from 64,852 at the end of the previous reported quarter. The stock has "Sector Perform" rating by RBC Capital Markets on Thursday, February 4. Suntrust Robinson initiated Spirit AeroSystems Holdings, Inc. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Spirit AeroSystems during the 4th quarter worth about $166,000. Credit Suisse has "Outperform" rating and $97 target.

Spirit AeroSystems declared that its Board of Directors has initiated a share repurchase program on Friday, February 2nd that allows the company to buyback $500.00 million in outstanding shares. The firm has "Overweight" rating given on Friday, February 23 by Morgan Stanley. As per Monday, October 16, the company rating was maintained by BMO Capital Markets. RBC Capital Markets maintained it with "Sell" rating and $77.0 target in Sunday, October 8 report. The rating was maintained by Cantor Fitzgerald on Friday, July 21 with "Buy".

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