MARKET COMPOSITE
SPR - Spirit Aerosystems Holdings Inc8:00:02 PM 4/26/2024
Price
$32.49
+ 0.68 (2.14%)
Spirit AeroSystems, Inc. , based in Wichita, Kansas, is the world's largest first-tier aerostructures manufacturer. The company builds several important pieces of Boeing aircraft, including the fuselage of the 737, portions of the 787 fuselage, and the cockpit section of the fuselage of nearly all of its airliners. Spirit also produces fuselage sections and front wing spars for the Airbus A350. Spirit's main competition comes from Triumph Aerostructures - Vought Aircraft Division, Collins Aerospace, Leonardo, and Kawasaki Heavy Industries. Spirit was formed when Boeing Commercial Airplanes sold its Wichita division to investment firm Onex. Boeing Defense, Space & Security retained its military business in Wichita, which lay on neighboring land, until Boeing sold most of those properties to Air Capital Flight Line. The Wichita division was responsible for construction of many important aircraft in Boeing's history, including the B-29 Superfortress, B-47 Stratojet, and B-52 Stratofortress. Spirit can trace its legacy back even further to Stearman Aircraft, which was founded on the same site; Stearman later became part of Boeing. Spirit also includes North American Aviation's former Tulsa and McAlester facilities , as well as additional facilities in Kinston, NC, Prestwick, Scotland, Saint-Nazaire, France, and Subang, Malaysia.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue1.8B+26%
Gross Profit291.4MM-
Cost Of Revenue1.5B+2%
Operating Income215MM-261%
Operating Expenses76.4MM-
Net Income75.4MM-137%
R&D11.5MM+14%
G&A64.7MM-7%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    Spirit AeroSystems Holdings, Inc. [NYSE: SPR] will release its first quarter 2024 financial results at 6:30 a.m. Central Daylight Time Tuesday, May 7, 2024.

    A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.

    Boeing shares (BA) are still down ahead of Wednesday's session close after it reported its first-quarter earnings results this morning. Topping revenue estimates by posting $16.57 billion, the aerospace manufacturer narrowed its forecasted losses per share to $1.13. Boeing is juggling priorities as it wades through a deluge of issues brought on by concerns over its manufacturing quality and numerous federal probes. Melius Research Managing Director of Aerospace, Defense & Space Robert Spingarn j...

    Boeing burned through nearly $4 billion in the most recent quarter as fallout from the Alaska Airlines midair accident exacted a financial toll. The jet maker reported a $355 million loss as revenue fell 8% from a year ago in quarterly results that were slightly better than expected. Under pressure from airlines and regulators to clean up its operations, Boeing has slowed its factories and has stopped providing most financial targets.

    Boeing's (BA) issues continue to mount as the aerospace manufacturer grapples with shrinking orders, a growing backlog of orders it needs to fulfill, and more, according to its first-quarter earnings report. In the wake of the mid-air incident in January that sparked multiple investigations into Boeing's 737 Max jetliner by federal regulators, the company faces a PR setback from consumers and travelers unsure whether to trust its aircraft. Stifel Senior Research Analyst Bert Subin joins The Morn...

    Spirit Aerosystems (SPR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

    The agreement announced by Spirit on Tuesday comes amid talks between the two for Boeing to buy the fuselage supplier, a former subsidiary, and as the planemaker tries to get control of a sprawling crisis sparked by a mid-air panel blowout in January on a new Alaska Airlines 737 MAX 9. Under the deal, Spirit will maintain a production rate that supports Boeing's contractual production demand. Boeing said it continues "to work together with Spirit to improve quality, stabilize operations and su...

    The agreement announced by Spirit on Tuesday comes amid talks between the two for Boeing to buy the fuselage supplier, a former subsidiary, and as the planemaker tries to get control of a sprawling crisis sparked by a mid-air panel blowout in January on a new Alaska Airlines 737 MAX 9. Under the deal, Spirit will maintain a production rate that supports Boeing's contractual production demand. Boeing said it continues "to work together with Spirit to improve quality, stabilize operations and su...

    Spirit AeroSystems said Boeing would give it advance payments of $425 million and help it address issues like higher levels of inventory and lower cashflows after the U.S. aviation regulator capped the planemaker's 737 MAX production. The agreement announced by Spirit on Tuesday comes amid talks between the two for Boeing to buy the fuselage supplier, a former subsidiary, and as the planemaker tries to get control of a sprawling crisis sparked by a mid-air panel blowout in January on a new Alas...

    (Bloomberg) -- Boeing Co.’s plan to buy back supplier Spirit AeroSystems Holdings Inc. has become mired in protracted discussions over pricing for factories that make components for Airbus SE, complicating the US planemaker’s efforts to gain tighter control over manufacturing quality. Most Read from BloombergTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsRay Dalio’s Famous Trade Is Sputtering, Investors BailingBillionaire Pinaults Fight to Pull Gucci Off the Discount Rack‘Mag Sev