Spirit Aerosystems moved -4.8% this evening session, trading between a high of $17.5 and a low of $16.635 per share. Yesterday the stock finished at $17.53 per share, compared to an average analyst target price of $29.13.
Spirit AeroSystems Holdings, Inc. engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. The mid-cap military/government/technical company is based in the United States, and over the last twelve months it has returned a dividend yield of 0.1%. Spirit Aerosystems has trailing twelve months earnings per share (EPS) of -8.07, which at today's prices amounts to a price to earnings (P/E) ratio of -2.1.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 0.07. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ k)||Cost of Revenue ($ k)||Gross Margins (%)||YoY Growth (%)|
Spirit Aerosystems's 4.2% average gross margins are thinner than the 16.69% average of the Defense industry, implying that the firm might be lacking in competitivity.