Sat, Jul 26, 2014, 8:00 AM EDT - U.S. Markets closed


% | $
Click the to save as a favorite.

Spirit AeroSystems Holdings, Inc. Message Board

  • argyle46 argyle46 Jul 11, 2013 7:12 AM Flag

    $28 price target

    July 10th, 2013 - Spirit AeroSystems Holdings (NYSE: SPR) had its price target upped by Standpoint Research from $24.00 to $28.00 in a research note issued to investors on Monday, StockRatingsNetwork reports. The firm currently has a buy rating on the stock.

    “Spirit AeroSystems Holdings remains one of the most attractive names in the Aerospace & Defense industry on an absolute and relative basis. Up 30% for us since the March 4 recommendation (and +2200 bps versus the S&P-500), SPR (market cap $3 bln) remains undervalued at 9X estimates for next year. This is a less volatile way to play Boeing and commercial aerospace.,” the firm’s analyst commented.


    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Nice to see an upgrade. I had read that we are at the beginning of a super cycle for commercial aircraft replacements so I picked up some shares recently.

      I looked at some other aircraft component manufacturers and couldn't really find a comparable company to SPR. I wanted to see what kind of margins they are achieving. The closest I could find was Triumph Group which has an Aerostructure division with $720mm in quarterly revenues. They were pulling down 15% margins here.

      I'm hoping we see margin expansion as they debug some of their programs and fill out capacity. Seems like a fair assumption.

      Any posters here with experience in this industry? Any thoughts?

33.45-0.43(-1.27%)Jul 25 4:03 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.