|Bid||0.00 x 1000|
|Ask||0.00 x 1000|
|Day's Range||46.33 - 49.11|
|52 Week Range||13.69 - 49.83|
|Beta (5Y Monthly)||2.08|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 04, 2021 - May 10, 2021|
|Forward Dividend & Yield||0.04 (0.08%)|
|Ex-Dividend Date||Mar 18, 2021|
|1y Target Est||46.69|
Spirit AeroSystems Holdings, Inc. [NYSE: SPR] Senior Vice President and Chief Financial Officer Mark Suchinski will speak virtually at the J.P. Morgan Industrials Conference at 5:20 p.m. (ET) on Tuesday, March 16, 2021.
Boeing scored new orders as airlines eye post-pandemic growth, but China still hasn't cleared the 737 Max to return.
The market is likely to continue looking beyond Spirit AeroSystems Holdings, Inc.’s (NYSE: SPR) near- and medium-term execution issues. Instead, there will be a focus on expectations of normalized earnings in 2025, according to Morgan Stanley. The Spirit AeroSystems Analyst: Kristine Liwag upgraded the rating for Spirit AeroSystems Holdings from Underweight to Overweight, while raising the price target from $18 to $50. The Spirit AeroSystems Thesis: The company is poised for a post-COVID-19 recovery, Liwag said in an upgrade note. The “COVID-19 vaccine rollout through 2021, eventual easing of international borders, and improved airline booking trends are positive catalysts that also provide upside to new aircraft demand and are thus positive for OE supplier, Spirit,” she added. The analyst further noted that the recovery in oil prices “increases the desirability of new aircraft, which could spur a replacement cycle once air traffic demand returns to 2019 levels.” Liwag now expects investors to “look out to 2025.” SPR Price Action: Shares of Spirit AeroSystems had risen by 8.31% to $46.39 at the time of publication Monday. (Photo by Tom Brunberg on Unsplash) Latest Ratings for SPR DateFirmActionFromTo Mar 2021Morgan StanleyUpgradesEqual-WeightOverweight Feb 2021Canaccord GenuityMaintainsBuy Jan 2021Credit SuisseUpgradesNeutralOutperform View More Analyst Ratings for SPR View the Latest Analyst Ratings See more from BenzingaClick here for options trades from BenzingaWhy BofA Is Double Upgrading ON SemiconductorMorgan Stanley Upgrades Carvana As It Targets New Markets, Nearly Doubles Price Target© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.