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Stock Charts AI Power Rank: 9.4
Power Rank trend -> Rising
07/08/2024 11:25:00 EST
Spirit Aerosystems Holdings Inc (SPR)
Industry: Aerospace & Defense
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, SPR has been trading in a range between $33.97 and $29.35 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
SPR is trading below resistance at $36.07, about 4% to the upside. There is support at $32.82 -5% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Spirit Aerosystems Holdings Inc $SPR entered a Green zone 12 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $26.88, a potential down side of -21.01% from the recent price of 34.03. The stock is trading 6.79% (potential upside) below its 52 week high of $36.34 and 132.29 % (potential downside) above its 52 week low of $14.65 - based on the recent price.
Company Summary
Spirit AeroSystems Holdings, Inc engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket.
News
| Boeing: How I'm Playing The Potential $4.7 Billion Buyout Deal For Spirit Aerosystems Boeing shares remain a strong buy for me, but there is a potential deal arbitrage opportunity now. Airbus recently reduced production guidance, which could be another buying opportunity in the aviation industry. Boeing faces a potential guilty plea over 737 Max crashes, the CEO search continues, and Boeing shares could remain volatile. Source: Seeking Alpha Thu, 04 Jul 2024 02:36:28 -0400 Sentiment: Neutral |
| This Charter Communications Analyst Turns Bearish; Here Are Top 5 Downgrades For Wednesday Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Source: Benzinga Wed, 03 Jul 2024 12:55:10 -0400 Sentiment: Negative |
| SPIRIT AEROSYSTEMS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Spirit AeroSystems Holdings, Inc. - SPR NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) to The Boeing Company (NYSE: BA). Under the terms of the proposed transaction, Spirit shareholders will receive, for each of their shares of Spirit common stock, a number of shares of Boeing common stock equal to an exchange ratio calculated as $37.25 divided by th. Source: Business Wire Tue, 02 Jul 2024 17:00:00 -0400 Sentiment: Neutral |
| Boeing-Spirit: Spirit Aero chief in spotlight as Boeing searches for new CEO Boeing's long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSystems , now shifts the focus of investors to the planemaker's search for a new CEO. Source: Reuters Tue, 02 Jul 2024 06:03:05 -0400 Sentiment: Neutral |
| For Boeing, Buying Spirit Is Only The Start Of Solving Its Problems Boeing is bringing production of its plane fuselages back in-house. The aerospace giant announced early Monday it had agreed to acquire its largest supplier, Spirit AeroSystems, in an $8.3 billion deal, including debt, 19 years after it had spun out the operation. Source: Forbes Mon, 01 Jul 2024 18:00:28 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 36.34 52 Week Low: 14.65 Beta: 1.842 50 Day MA: 31.462 200 Day MA: 28.4043 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.208 Qtr Revenue Growth YOY: 0.19 Forward PE: 20 Trailing PE: 0