Spirit Aerosystems Holdings, Inc. (SPR) Issues Earnings Results

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03 August, 2017

The expected SPR's profit could reach $145.97 million giving the stock 12.61 P/E in the case that $1.21 earnings per share is reported. The firm owned 1,840 shares of the aerospace company's stock after buying an additional 160 shares during the period. (NASDAQ:PZZA) shares are moving 13.19% trading at $80.51 today. About shares traded. Ulta Beauty Inc (NASDAQ:ULTA) has risen 41.46% since August 2, 2016 and is uptrending. It has underperformed by 1.46% the S&P500. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company's stock. Therefore 65% are positive. "(SPR) Issues Earnings Results" was reported by Transcript Daily and is the property of of Transcript Daily. Oppenheimer maintained the shares of ULTA in report on Tuesday, July 11 with "Buy" rating. Those same analysts are projecting that the stock will reach $61.76 on a short term basis. As per Tuesday, July 4, the company rating was maintained by Jefferies. On Wednesday, November 9 the stock rating was upgraded by Credit Suisse to "Outperform". The rating was maintained by Barclays Capital with "Overweight" on Thursday, June 9. The rating was maintained by Deutsche Bank with "Hold" on Monday, July 11. Its up 0.03, from 0.89 in 2016Q3. It is positive, as 45 investors sold ULTA shares while 187 reduced holdings. 46 funds opened positions while 95 raised stakes. 80,368 are owned by Van Strum Towne. Fdx Advsr Inc invested 0.02% of its portfolio in Devon Energy Corp (NYSE:DVN). Kbc Group Nv invested in 6,000 shares or 0.02% of the stock. State Board Of Administration Of Florida Retirement Sys has 183,265 shares for 0.03% of their portfolio. Tctc Hldgs Ltd Liability Co has invested 0.16% in Devon Energy Corp (NYSE:DVN). (NYSE:SPR) for 745,696 shares.

Investors sentiment increased to 1.06 in Q4 2016.

Covering sell-side analysts have recently weighed in on shares of Spirit AeroSystems Holdings, Inc. The investment managers in our partner's database now hold: 118.30 million shares, down from 121.32 million shares in 2016Q3. Lockheed Martin Investment Management Company sold 12,000 shares as Spirit Aerosystems Hldgs Inc (SPR)'s stock declined 8.19%. (NYSE:SPR) or 15,585 shares. The last close places the company's stock about $1.89 off its 52 week high of $62.9 and $18.75 above the 52 week low of $42.26. (SPR) traded up 0.35% during trading on Tuesday, hitting $60.64. Cowen and Company reissued a buy rating and set a $69.00 price target on shares of Spirit Aerosystems Holdings in a report on Wednesday.

Schwab Charles Investment Management Inc reports that it lowered its ownership in Spirit Aerosystems Holdings, In shares by 21.6% as of the end of the last quarter. The company now has an average rating of "Hold" and an average price target of $62.93. (NYSE:SPR). Fifth Third National Bank invested in 10,057 shares. Stoneridge Prtnrs Limited invested in 0.19% or 23,369 shares.

More notable recent Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Picton Mahoney Asset Mgmt has invested 0.22% in Spirit AeroSystems Holdings, Inc. Moreover, Loomis Sayles L P has 0% invested in Spirit AeroSystems Holdings, Inc. Finally, Creative Planning raised its position in shares of Spirit Aerosystems Holdings by 116.2% in the first quarter.

A number of institutional investors have recently made changes to their positions in the stock. The aerospace company reported $1.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.20 by $0.37. Spirit Aerosystems Hldgs Inc now has $8.55B valuation. The stock has "Hold" rating by Suntrust Robinson on Thursday, January 19. The rating was downgraded by JP Morgan to "Neutral" on Friday, December 9. Spirit Aerosystems had 30 analyst reports since July 30, 2015 according to SRatingsIntel. As per Thursday, October 6, the company rating was initiated by Robert W. Baird. (NYSE:SPR), gene therapy stock Spark Therapeutics Inc (NASDAQ:ONCE), and discount service provider Groupon Inc (NASDAQ:GRPN). RBC Capital Markets has "Sector Perform" rating and $62 target. Leerink Swann maintained it with "Outperform" rating and $22 target in Wednesday, May 11 report.

For the quarter ended June 29, the aircraft parts designer and manufacturer of commercial aero-structures posted adjusted earnings of $1.57 per share, compared with the prior-year period's $1.21 per share. The Company operates through three segments: Fuselage Systems, Propulsion Systems and Wing Systems.

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