Spirit Aerosystems Holdings, Inc. (SPR) News
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SPR News Highlights
- For SPR, its 30 day story count is now at 54.
- Over the past 24 days, SPR's stories per day has been in a clear downtrend, falling by about 0.34 per day.
- BA, BODY and MAX are the most mentioned tickers in articles about SPR.
Latest SPR News From Around the Web
Below are the latest news stories about Spirit AeroSystems Holdings Inc that investors may wish to consider to help them evaluate SPR as an investment opportunity.
Spirit says the Aviation Manufacturing Jobs Protection program helped save 31,000 jobs in the indsutry.
WICHITA, Kan., February 24, 2022--Spirit AeroSystems, Inc. ("Spirit" or "Spirit AeroSystems"), a wholly owned subsidiary of Spirit AeroSystems Holdings, Inc. (NYSE: SPR), today applauded congressional and aerospace industry leaders for protecting critical U.S. aviation manufacturing jobs.
Analysts expect the Boeing Co. to announce a new jet in the next couple of years but, they say, it could look outside its primary manufacturing hub to build the aircraft. According to a report from the Puget Sound Business Journal, industry observers believe Boeing (NYSE: BA) will soon launch a competitor to the Airbus A321neo (new-engine option) in the upper-end of the narrow-body segment. “We do not want to look at today’s capability as a driving force behind the decision as to where to put the next generation aircraft,” Michel Merluzeau, an industry analyst with AIR, said earlier this month at the Pacific Northwest Aerospace Alliance annual forum “Footprint is not guarantee of the work.”
One of Wichita’s largest employers will be paying out bonuses to its workforce. Spirit AeroSystems Inc., which employs more than 10,000 people in Wichita, will add bonuses for 2021 for both its hourly and salaried workforce with the expected payout coming on their paychecks this Thursday. According to information from the International Association of Machinists and Aerospace Workers, the hourly bonuses include 1% gain share and 3% under the company’s Short-Term Incentive Plan.
Spirit Aerosystems Holdings, In found using ticker (SPR) now have 14 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 76 and 50 and has a mean target at 60.5. Given that the stocks previous close was at 52.03 this would indicate that there is a potential upside of 16.3%. The 50 day moving average now sits at 45.52 while the 200 day moving average is 44.24. The company has a market capitalisation of $5,364m. Find out more information at: https://www.spiritaero.com [stock_market_widget type="chart" template="basic" color="green" assets=SPR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $6,237m based on the market concensus. Spirit AeroSystems Holdings designs, engineers, manufactures, a...
Spirit AeroSystems Inc., a wholly owned subsidiary of Spirit AeroSystems Holdings Inc. has converted to 100% wind-generated electricity at the company’s headquarters in Kansas. “Harnessing a local renewable and reliable resource dramatically reduces our corporate carbon emissions, a key priority for Spirit in achieving our sustainability goals,” says Tom Gentile, president and CEO of Spirit […] The post Spirit AeroSystems Works with American Electric to Convert Kansas HQ to Renewable Energy appeared first on North American Windpower .
Thursday’s Top Analyst Upgrades and Downgrades: Airbnb, Alcoa, Beyond Meat, Marriott International, Monster Beverage, Paramount Global, Shopify, Spirit AeroSystems, Toast, ZoomInfo Technologies and More
Thursday''s top analyst upgrades and downgrades included Airbnb, Alcoa, Beyond Meat, Fidelity National Information Services, Marriott International, Monster Beverage, Paramount Global, Shopify, Spirit AeroSystems, Toast, Yum! Brands and ZoomInfo Technologies.
Following through on a goal highlighted in its first sustainability report released last year, Spirit AeroSystems announced Wednesday that its company headquarters in Wichita is converting to 100% wind-generated electricity coming from local sources. “Harnessing a local renewable and reliable resource dramatically reduces our corporate carbon emissions, a key priority for Spirit in achieving our sustainability goals,” said Tom Gentile, president and CEO of Spirit AeroSystems, in a news release. “Improving both our environmental and operational performance builds competitiveness in our business, which means we can continue to support our local economy and secure our long-term future in Kansas.”
Airbus got out of the red for the first time since 2018 by posting record profits in 2021 on improved jet deliveries and increased helicopter and defense work. Driving the performance were increased deliveries of Airbus’ commercial aircraft, which rose from 566 to 611 year over year. Wichita-based Spirit AeroSystems Inc. builds parts for all Airbus jets, though that’s done primarily at its plants in the U.K. and North Carolina.
A combination of its own diversification efforts and the impact of the pandemic on commercial aerospace has shifted the portfolio mix at Spirit AeroSystems Inc. in Wichita. Spirit (NYSE: SPR) earlier this month reported quarterly earnings for the first time broken down as three business units: commercial, defense and space, and aftermarket. “We believe our new segments and organizational changes help us become a more diversified company,” CEO Tom Gentile said earlier this month before reiterating the company’s long-term goal.