|Bid||0.00 x 800|
|Ask||105.05 x 800|
|Day's Range||86.54 - 88.23|
|52 Week Range||55.46 - 105.20|
|PE Ratio (TTM)||30.28|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||0.48 (0.54%)|
|1y Target Est||103.32|
As the Boeing Co. and Airbus continue to duke it out in the lucrative narrow-body aircraft market, China is getting closer to crashing the party. According to a report from Reuters, the Commercial Aircraft Corp.
American Outdoor Brands (AOBC) surpassed the Zacks Consensus Estimate in three of the trailing four quarters, with an average positive surprise of 9.46%
An Airbus executive in Europe said on Thursday that its engine suppliers are on track with a recovery plan to get the engines needed for the company’s A320neo narrow-body jet as part of plan to accelerate deliveries in the second half of the year.
LONDON, UK / ACCESSWIRE / June 14, 2018 / Active-Investors has a free review on Spirit AeroSystems Holdings, Inc. (NYSE: SPR) following the Company's announcement that it will begin trading ex-dividend on June 15, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on June 14, 2018. Active-Investors has initiated due-diligence on this dividend stock.
The deal would include Embraer aircraft models that Spirit AeroSystems will soon have work on via the acquisition of Asco Industries.
Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as Spirit AeroSystems Holdings Inc (NYSE:SPR) a safer option. Market participants who are conscious of riskRead More...
The latest move is a small one relative to the total revenue at stake, but it continues an increasingly dangerous cat-and-mouse game between the company and its suppliers. Investors beware.
Kansas ranked high on a new listing of state competitiveness for aerospace. But it didn't beat the state that is trying to make the most of the research.
CEO Tom Gentile said this month that Spirit would compete for Tier 2 work if companies like Boeing and Airbus move more Tier 1 work in-house in the future.
New numbers from Airbus reveal that the manufacturer ended May less than a third of the way to its target of 800 deliveries on the year. Airbus executives acknowledge the challenge the company faces in getting to its delivery goal for 2018. Airbus reported 51 deliveries in May, giving it a total of 223 through the first five months of the year.
ATS turns to a former American Airlines repair shop manager who also worked at Spirit Aerosystems Holdings to help deal with rapid growth of its components repair business.
WICHITA, Kan., June 1, 2018 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] President and Chief Executive Officer Tom Gentile announced at the Bernstein 34th Annual Strategic Decisions Conference that the 737 recovery is tracking to plan. The use of proceeds from the bond issuance, combined with borrowings under the company's revolving credit facility and term loan, will be used to fund the acquisition of Asco Industries, repurchase the company's bonds due in 2022, pay down a portion of the company's term loan, execute an accelerated share repurchase program (ASR), and for financing and acquisition-related costs.
Airbus' new commercial aircraft president says changes will be needed to keep up with single-aisle production rates. The company's office in Wichita and a group of local partners have shown the Air Capital capable of exactly that.
WICHITA, Kan., May 30, 2018 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] (the "Company") announced today the results of a previously announced tender offer by Spirit AeroSystems Inc. ("Spirit"), its wholly-owned subsidiary, to purchase for cash (the "Tender Offer") any and all of the $300,000,000 outstanding principal amount of its 5¼% Senior Notes due 2022 (CUSIP No. 85205TAF7) (the "Notes"). The Tender Offer expired at 5:00 p.m., New York City time, on May 29, 2018 (the "Expiration Time"). As of the Expiration Time, valid tenders had been received with respect to $202,556,000 of the $300,000,000 aggregate principal amount of the Notes outstanding.
Key Wichita stakeholders say the bill could help keep U.S. companies competitive in an increasingly global industry.
Fuselage trainer will help Airmen practice on cargo loading and other procedures on the new aircraft.
WICHITA, Kan., May 25, 2018 /PRNewswire/ -- Spirit AeroSystems [NYSE: SPR] issued the following statement in support of the Aeronautics Innovation Act (S.2977) as introduced by U.S. Sen. Jerry Moran (R-KS) and U.S. Sen. Mark Warner (D-VA). The bill provides for further cooperation between the aerospace industry and NASA through the creation of the Advanced Materials and Manufacturing Program. "Spirit is pleased to support the Aeronautics Innovation Act that will strengthen collaborative efforts between the aerospace industry and NASA in strategic areas of research and development for advanced materials and manufacturing processes," said Spirit President and CEO Tom Gentile.
WICHITA, Kan. , May 25, 2018 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. President and Chief Executive Officer Tom Gentile will speak at the Bernstein 34 th Annual Strategic Decisions ...
Moody's Investors Service ("Moody's") affirmed the Baa3 rating on Spirit Aerosystems, Inc.'s ("Spirit") senior unsecured notes. Concurrently, Moody's assigned Baa3 ratings to the company's new senior unsecured notes.
WICHITA, Kan., May 22, 2018 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] (the "Company") announced today that Spirit AeroSystems, Inc. ("Spirit"), its wholly-owned subsidiary, has commenced an offer to purchase for cash any and all of the $300 million outstanding principal amount of its 5¼% Senior Notes due 2022 (CUSIP No. 85205TAF7) (the "Notes"). The tender offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase dated May 22, 2018, and a related Letter of Transmittal and Notice of Guaranteed Delivery, which set forth the terms and conditions of the tender offer in full detail. The tender offer is open to all registered holders of the Notes. The purpose of the tender offer is to retire debt associated with the Notes.
Company expects to be operating out of the new 150,000-square-foot facility by the end of 2019.
WICHITA, Kan., May 21, 2018 /PRNewswire/ -- Spirit AeroSystems [NYSE: SPR] today broke ground on its state-of-the-art Global Digital Logistics Center that will increase storage capacity and part retrieval efficiency at its Wichita site. The new 150,000 square foot facility is being funded through a collaboration agreement between Spirit, the City of Wichita and Sedgwick County. When complete, the 70-foot-tall building will serve as a smart distribution center to better manage the rapid storage and retrieval of parts used in the assembly of large aerostructures.
WallStEquities.com has lined up four Aerospace Defense Products and Services stocks for assessment today: KLX Inc. (NASDAQ: KLXI), Rockwell Collins Inc. (NYSE: COL), Spirit AeroSystems Holdings Inc. (NYSE: SPR), and United Technologies Corp. (NYSE: UTX). The Aerospace and Defense industry consists of companies that are engaged in the production of spacecraft as well as commercial military and private aircraft.