Alert: Negative Investment/Fundamental Signals (2/27/24)-Spirit Aerosystems Holdings Inc (NYSE: SPR)

out_logo_500#40396.jpg

Spirit Aerosystems Holdings Inc (NYSE: SPR) has recently experienced extremely meaningful negative changes in investment behavior: negative upside/downside volume developed, and its shorter term price trend turned down.

Spirit Aerosystems Holdings Inc (NYSE: SPR) has recently experienced significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

The stock is currently unrated.

out_mm#40396.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, SPR is expected to be a major Value Eraser.

Spirit Aerosystems Holdings is currently unrated.

Recent Price Action

Spirit Aerosystems Holdings Inc (NYSE: SPR) stock enjoyed a large increase of 2.7% on 2/27/24. The stock closed at $29.17. However, trading volume in this advance was exceptionally low at 42% of normal. The stock has been strong relative to the market over the last nine months but has declined -3.3% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*