Alert: Negative Investment/Fundamental Signals (6/24/24)-Spirit Aerosystems Holdings Inc (NYSE: SPR)

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Extremely significant negative changes in Spirit Aerosystems Holdings Inc (NYSE: SPR) investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.

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

The stock is currently unrated.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, SPR is expected to be a major Value Eraser.

Spirit Aerosystems Holdings is currently unrated.

Recent Price Action

On 6/24/24, Spirit Aerosystems Holdings Inc (NYSE: SPR) stock declined modestly by -1.5%, closing at $33.07. Moreover, exceptionally high trading volume at 434% of normal accompanied the decline. The stock has risen 12.6% during the last week and has been exceptionally strong relative to the market over the last nine months.

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