Cowen & Co. analyst Cai Rumohr maintained a Buy rating on Spirit Aerosystems Holdings on Thursday, setting a price target of $46, which is approximately 20.93% above the present share price of $38.04.
Rumohr expects Spirit Aerosystems Holdings to post earnings per share (EPS) of -$1.50 for the fourth quarter of 2020.
The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in Spirit AeroSystems (NYSE:SPR), with an average price target of $39.25.
The analysts price targets range from a high of $50 to a low of $22.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $806.3 million and a net profit of -$161 million. The company's market cap is $4.06 billion.
According to TipRanks.com, Cowen & Co. analyst Cai Rumohr is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.2% and a 59.53% success rate.
Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates its business through the following segments: Fuselage Systems, Propulsion Systems, and Wing Systems. The Fuselage Systems segment develops, produces and markets forward, mid, and rear fuselage sections and systems. The Propulsion Systems segment offers struts or pylons, nacelles, and related engine components. The Wing Systems segment includes the development, production, and market of wings, wing components, and other miscellaneous structural parts to primarily aircraft original equipment manufacturer, related spares, and maintenance, repair, and overhaul services. The company was founded on February 7, 2005 and is headquartered in Wichita, KS.