Spirit AeroSystems (SPR) is the world's largest independent supplier of commercial airplane assemblies and components. In addition to its Kansas facility, Spirit has operations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury, England. In the U.S., Spirit's core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America and Europe. Spirit Europe produces wing components for a host of customers, including Airbus.
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 11 new highs and up 9.07% in the last month
- Relative Strength Index 71.48%
- Barchart computes a technical support level at 54.75
- Recently traded at 56.02 with a 50 day moving average of 52.61
Fundamental factors:
- Market Cap $7.71 billion
- P/E 14.67
- Revenue expected to grow 3.00% next year
- Earnings estimated to increase 8.70% this year, an additional 5.20% next year and continue to increase at an annual rate of 12.40% for the next 5 years
- Wall Street analysts issued 6 strong buy, 5 buy 5 hold a 1 sell recommendation on the stock
The 100 day moving average vs the price has been a reliable technical trading strategy on this stock.
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