News stories about Spirit AeroSystems (NYSE:SPR) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Spirit AeroSystems earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the aerospace company an impact score of 47.2614186653059 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Northrop Grumman (NOC) Wins $172M Air Force Deal for BACN (finance.yahoo.com)
- Lockheed Martin's Sikorsky Wins Contract for UH-60M Aircraft (revised) (finance.yahoo.com)
- Lockheed Martin’s Sikorsky Wins Contract for UH-60M Aircraft (finance.yahoo.com)
- Spirit AeroSystems Holdings, Inc. (SPR) Receives Consensus Rating of “Buy” from Analysts (americanbankingnews.com)
SPR has been the subject of several analyst reports. ValuEngine downgraded shares of Spirit AeroSystems from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 2nd. Jefferies Group raised their price objective on shares of Spirit AeroSystems from $84.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, September 28th. Citigroup reissued a “buy” rating and issued a $85.00 price objective on shares of Spirit AeroSystems in a research note on Tuesday, September 26th. Canaccord Genuity reaffirmed a “buy” rating and set a $86.00 price target (up previously from $80.00) on shares of Spirit AeroSystems in a research note on Thursday, September 28th. Finally, Zacks Investment Research raised shares of Spirit AeroSystems from a “hold” rating to a “buy” rating and set a $89.00 price target for the company in a research note on Wednesday, October 11th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and fifteen have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $84.11.
Spirit AeroSystems (NYSE:SPR) last issued its quarterly earnings data on Wednesday, November 1st. The aerospace company reported $1.26 EPS for the quarter, hitting analysts’ consensus estimates of $1.26. The company had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.74 billion. Spirit AeroSystems had a net margin of 4.98% and a return on equity of 31.14%. Spirit AeroSystems’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.16 earnings per share. equities analysts anticipate that Spirit AeroSystems will post 5.22 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 8th. Investors of record on Monday, December 18th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date of this dividend was Friday, December 15th. Spirit AeroSystems’s dividend payout ratio (DPR) is 14.08%.
In related news, SVP Duane F. Hawkins sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $83.04, for a total value of $415,200.00. Following the completion of the transaction, the senior vice president now owns 39,374 shares of the company’s stock, valued at $3,269,616.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert D. Johnson sold 500 shares of Spirit AeroSystems stock in a transaction on Friday, December 1st. The stock was sold at an average price of $84.13, for a total transaction of $42,065.00. Following the completion of the transaction, the director now directly owns 1,964 shares in the company, valued at $165,231.32. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.
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Spirit AeroSystems Company Profile
Spirit AeroSystems Holdings, Inc is a non-original equipment manufacturer (OEM), aircraft parts designer and manufacturer of commercial aero-structures. The Company is also a supplier of aero-structures. The Company operates through three segments: Fuselage Systems, Propulsion Systems and Wing Systems.
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