Spirit AeroSystems Holdings, Inc. (SPR)
| Market Cap | 3.98B |
| Revenue (ttm) | 6.48B |
| Net Income (ttm) | -1.43B |
| Shares Out | 117.27M |
| EPS (ttm) | -12.43 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,075,060 |
| Open | 34.50 |
| Previous Close | 34.45 |
| Day's Range | 33.52 - 34.66 |
| 52-Week Range | 28.30 - 37.08 |
| Beta | 1.80 |
| Analysts | Hold |
| Price Target | 36.00 (+6.13%) |
| Earnings Date | Mar 4, 2025 |
About SPR
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. This segment primarily serves commercial and business/regional jet programs. The Defense & Space... [Read more]
Financial Performance
In 2023, SPR's revenue was $6.05 billion, an increase of 20.25% compared to the previous year's $5.03 billion. Losses were -$616.20 million, 12.9% more than in 2022.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for SPR stock is "Hold." The 12-month stock price forecast is $36.0, which is an increase of 6.13% from the latest price.
News
Airbus to sign deal with Spirit Aero in weeks: CFO
Airbus expects to firm up a deal to take over some of Spirit AeroSystems European operations in the next few weeks, the planemaker's CFO said on Thursday, as part of a transatlantic breakup of the aer...
10 stocks of defense contractors that might withstand Trump and Hegseth's cuts
Investors are probably better off not overreacting to daily news headlines. Then again, certain headlines and resulting declines in stock prices can set up entry points for long-term investors.
Spirit AeroSystems expects quarterly revenue above estimates on Boeing production restart
Spirit AeroSystems said on Monday it expects to post a higher-than-expected quarterly revenue, driven by restarted production at the aerospace supplier's biggest customer, Boeing.
Boeing executive says supplier Spirit Aero has a substantial inventory of 737 fuselages
Boeing's key supplier Spirit AeroSystems has a substantial inventory of 737 fuselages of significantly improved quality that are ready to ship, an executive with the planemaker told a Seattle aerospac...
Spirit AeroSystems Shareholders Approve Acquisition by Boeing
WICHITA, Kan., Jan. 31, 2025 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced that, at the special meeting of its shareholders held earlier today, its shareholders voted t...
Spirit Announces Sale of Fiber Materials Inc. (FMI) to Tex Tech Industries
WICHITA, Kan. , Jan. 13, 2025 /PRNewswire/ -- Today, Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") announced the sale of Fiber Materials Inc ("FMI") b...
Airbus CEO says Spirit Aero talks going well but industrial challenges lie ahead
The head of European planemaker Airbus said talks to finalise the takeover of part of troubled U.S. aerostructures supplier Spirit Aerosystems were going smoothly but that bringing it into Airbus woul...
Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of Fiber Materials, Inc. (FMI)
WICHITA, Kan. , Nov. 18, 2024 /PRNewswire/ -- Today, Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") announces a purchase agreement to sell Fiber Materi...
Spirit AeroSystems Announces Second Amended and Restated Memorandum of Agreement with Airbus
WICHITA, Kan., Nov. 12, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) today announces a Second Amended and Restated Memorandum of Agreement with Airbus, in which Airbus has agreed to provide Spi...
Airbus nears deal on funding, payment terms with Spirit Aero, source says
Airbus is poised to finalise an agreement as early as Wednesday with struggling aerospace supplier Spirit Aerosystems on fresh funding and revised payment terms, a person familiar with the matter said...
Spirit AeroSystems Announces Advance Payments Agreement with Boeing
WICHITA, Kan. , Nov. 12, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) today announces an Advance Payments Agreement with Boeing, in which Boeing has committed to pay Spirit, as advance payments...
Exclusive: Boeing close to funding agreement to help supplier Spirit Aero, source says
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling Boeing supplier, an industry source familiar with the matter said.
Boeing Supplier Spirit Aero Adds Another Worry to the Stock's Turnaround Story
Spirit AeroSystems might need more help from Boeing.
Boeing supplier Spirit AeroSystems says there's ‘substantial doubt' about its ability to keep operating
Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability to keep running as a “going concern,” as losses, debt, and difficulties at...
Spirit Aero raises doubts over ability to continue as going concern
U.S. supplier Spirit AeroSystems said on Tuesday in a quarterly filing that substantial doubt exists about the company's ability to continue as a going concern.
Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC Thursday. More than 32,000 Boein...
Spirit AeroSystems Gets Hit By Boeing Strike. What Is Means for GE, RTX and Other Suppliers.
Boeing workers rejected a deal to end the strike for the second time, late Wednesday.
Spirit Aero to implement a 21-day furlough for approximately 700 employees
U.S. supplier Spirit AeroSystems will implement a 21-day furlough for approximately 700 employees working on the 767 and 777 programs, effective Oct. 28, the company said on Wednesday.
Spirit AeroSystems Reports Third Quarter 2024 Results
WICHITA, Kan. , Oct. 23, 2024 /PRNewswire/ -- Third Quarter 2024 Revenues of $1.5 billion EPS of $(4.07); Adjusted EPS* of $(3.03) Cash used in operations of $276 million; Free cash flow* usage of $32...
Boeing's labor strike is forcing this company to send hundreds of employees home
Spirit AeroSystems is furloughing 700 employees due to the impact of the strike by Boeing's machinists.
Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Production of Boeing's 767 and 777 widebody jets was halted during the strike by more than 33,000 West Coast factory workers that started on Sept. 13.
Spirit AeroSystems Announces Furloughs
WICHITA, Kan. , Oct. 18, 2024 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) today announces employee furloughs in response to the ongoing strike by Boeing employees represented by the International A...
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Spirit AeroSystems will furlough some 700 workers. The Boeing supplier had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept.
Exclusive: Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Spirit AeroSystems will tell employees on Friday that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier's cash and inventory space,...
Airbus faces pressure over supplies from Spirit Aero, sources say
Airbus is facing concerns over supplies of key structural parts for its largest and smallest jets from Spirit AeroSystems , part of a cascade of supply chain problems challenging growth in deliveries,...