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 (%) |
|---|---|---|---|---|
| 2023-02-17 | 5,029,600 | -4,981,000 | 1 | 133.33 |
| 2022-02-15 | 3,953,000 | -4,070,800 | -3 | 76.92 |
| 2021-02-25 | 3,404,800 | -3,845,500 | -13 | -192.86 |
| 2020-02-28 | 7,863,100 | -6,786,400 | 14 | -6.67 |
| 2019-02-08 | 7,222,000 | -6,135,900 | 15 | 36.36 |
| 2018-02-09 | 6,983,000 | -6,195,300 | 11 |
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.
