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Spirit AeroSystems Holdings Inc Stock Research

SPR

30.67USD+0.25(+0.82%)Delayed

Market Summary

USD30.67+0.25
Delayed
0.82%

SPR Alerts

SPR Stock Price

SPR RSI Chart

SPR Valuation

Market Cap

2.4B

Price/Earnings (Trailing)

-5.96

Price/Sales (Trailing)

0.54

EV/EBITDA

-46.75

Price/Free Cashflow

-7.17

SPR Price/Sales (Trailing)

SPR Profitability

EBT Margin

-10.72%

Return on Equity

223.83%

Return on Assets

-8.19%

Free Cashflow Yield

-13.94%

SPR Fundamentals

SPR Revenue

Revenue (TTM)

5.0B

Revenue Y/Y

23.36%

Revenue Q/Q

3.38%

SPR Earnings

Earnings (TTM)

-545.7M

Earnings Y/Y

-102.08%

Earnings Q/Q

-90.52%

Price Action

52 Week Range

21.1450.37
(Low)(High)

Last 7 days

1.6%

Last 30 days

-10.8%

Last 90 days

6.4%

Trailing 12 Months

-36.3%

SPR Financial Health

Current Ratio

1.62

Debt/Equity

-15.65

Debt/Cashflow

-0.1

SPR Investor Care

Dividend Yield

0.13%

Dividend/Share (TTM)

0.04

Diluted EPS (TTM)

-5.21

Peers (Alternatives to Spirit AeroSystems Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
139.8B
67.1B
-3.52% -3.50%
31.33
2.12
4.17% 34.50%
117.7B
66.6B
-4.00% 4.49%
-23.86
1.77
6.94% -17.44%
61.4B
39.4B
-4.34% -5.71%
18.1
1.56
2.44% 4.08%
40.2B
5.6B
-5.01% 4.17%
43.17
7.14
15.29% 17.40%
14.0B
12.9B
-8.05% -9.27%
16.22
1.09
3.93% 15.42%
MID-CAP
9.7B
2.3B
-4.88% 6.87%
27.48
4.38
20.68% 11.62%
8.0B
10.7B
-8.87% -0.16%
13.78
0.75
12.10% 6.43%
5.6B
2.2B
3.10% 13.20%
23.51
2.51
5.12% -22.13%
2.4B
5.0B
-10.77% -36.34%
-5.96
0.54
27.24% -0.91%
2.3B
487.1M
5.72% -9.46%
-290.18
4.67
8.46% -5840.15%
SMALL-CAP
677.9M
1.4B
-18.13% -61.81%
7.02
0.49
-10.88% 191.35%
637.3M
712.5M
-3.87% -2.52%
22.14
0.89
10.40% -78.76%
292.4M
492.8M
-14.20% -7.84%
-14.86
0.62
11.07% 41.98%
44.9M
79.0M
-8.77% 22.97%
23.83
0.57
-22.86% -74.91%
11.7M
54.8M
-24.90% -59.57%
8.19
0.21
-5.59% -32.59%

Financials for Spirit AeroSystems Holdings

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue5.2%5,029,600,0004,779,600,0004,482,700,0004,226,900,0003,953,000,000
  S&GA Expenses2.5%279,200,000272,400,000290,100,000286,800,000279,900,000
  R&D Expenses-9.2%50,400,00055,500,00059,000,00057,400,00053,300,000
Costs and Expenses6.2%5,310,800,0005,001,000,0004,865,200,0004,602,400,0004,412,200,000
EBITDA-152.6%-202,300,000-80,100,000-108,900,000-113,200,000-
EBITDA Margin-140.0%-0.04-0.02-0.02-0.03-
Earnings Before Taxes-28.7%-539,400,000-419,000,000-445,200,000-445,700,000-555,200,000
EBT Margin-22.3%-0.11-0.09-0.10-0.11-
Net Income-29.0%-545,700,000-422,900,000-408,900,000-422,000,000-540,800,000
Net Income Margin-22.6%-0.11-0.09-0.09-0.10-
Free Cahsflow12.1%-516,200,000-587,200,000-339,700,000-313,900,000-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.7%6,6666,7146,9897,4917,737
  Current Assets-0.4%3,1583,1703,2123,6103,806
    Cash Equivalents-1.8%6596717701,1521,479
  Inventory5.6%1,4711,3921,3461,3881,383
  Net PPE-0.4%2,2062,2152,2612,3282,386
  Goodwill1.2%631623623624624
  Current Liabilities-12.7%1,9532,2382,1801,8251,876
  Long Term Debt11.3%3,8153,4283,4253,7343,743
Shareholder's Equity-208.1%-243226382448-
  Retained Earnings-16.5%1,2331,4761,6041,7281,781
  Additional Paid-In Capital0.8%1,1801,1701,1601,1511,146
Minority Interest640.0%4.001.001.001.001.00
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations11.1%-394-443-197-163-63.20
  Share Based Compensation41.9%37.0026.00---
Cashflow From Investing-6.4%-155-146-139-165-163
Cashflow From Financing-71.5%-261-152-153125-163
  Dividend Payments-2.3%4.004.004.004.004.00
  Buy Backs-0.00----

Risks for SPR

What is the probability of a big loss on SPR?

97.3%


Probability that Spirit AeroSystems Holdings stock will be more than 20% underwater in next one year

48.5%


Probability that Spirit AeroSystems Holdings stock will be more than 30% underwater in next one year.

42.7%


Probability that Spirit AeroSystems Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SPR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Spirit AeroSystems Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for SPR

Cumulative Returns on SPR

5.3%


10-Year Cumulative Returns

-5.7%


7-Year Cumulative Returns

-17.9%


5-Year Cumulative Returns

6.3%


3-Year Cumulative Returns

What are the long-term rolling returns for SPR?

FIve years rolling returns for Spirit AeroSystems Holdings.

Annualized Returns

Which funds bought or sold SPR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.05
90,665
349,665
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-48.72
-15,000
31,000
-%
2023-02-28
Voya Investment Management LLC
added
-
320,356
1,235,360
-%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-30.3
-82,784
1,338,220
-%
2023-02-24
NATIXIS
new
-
14,800
14,800
-%
2023-02-24
SRS Capital Advisors, Inc.
new
-
1,125
1,125
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
3,075,000
11,851,000
0.12%
2023-02-21
MACQUARIE GROUP LTD
reduced
-7.12
335,000
1,746,000
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
reduced
-24.39
788
53,788
-%
2023-02-17
Compass Wealth Management LLC
new
-
362,896
362,896
0.12%

1–10 of 39

Latest Funds Activity

Are funds buying SPR calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SPR
No. of Funds

Spirit AeroSystems Holdings News

InvestorsObserver

Do Analysts Expect Spirit AeroSystems Holdings Inc (SPR) Stock to Rise After It Is Lower By -11.35% in a Month?.

InvestorsObserver,
45 hours ago

DirectorsTalk Interviews

Yahoo Finance

12 Best Defense Stocks To Buy Now.

Yahoo Finance,
4 days ago

Nasdaq

Schedule 13G FIlings of Spirit AeroSystems Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
6.6%
6,983,690
SC 13G
Feb 14, 2023
alliancebernstein l.p.
6.4%
6,695,378
SC 13G
Feb 09, 2023
vanguard group inc
9.79%
10,303,930
SC 13G/A
Feb 06, 2023
wellington management group llp
6.27%
6,595,563
SC 13G/A
Feb 03, 2023
blackrock inc.
5.6%
5,935,966
SC 13G
Feb 24, 2022
blackrock inc.
4.8%
5,126,187
SC 13G/A
Feb 14, 2022
scopia capital management lp
2.0%
2,084,212
SC 13G/A
Feb 04, 2022
wellington management group llp
5.65%
5,931,378
SC 13G
Feb 16, 2021
darsana capital partners lp
0%
0
SC 13G/A
Feb 16, 2021
scopia capital management lp
5.4%
5,728,699
SC 13G

SPR Fair Value

Spirit AeroSystems Holdings fair value in different scenarios

The table shows the Fair Value estimates for Spirit AeroSystems Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

0.40

-98.70%

1.60

-94.78%

4.04

-86.83%

6.76

-77.96%

11.88

-61.27%
Current Inflation

0.37

-98.79%

1.46

-95.24%

3.61

-88.23%

5.99

-80.47%

10.44

-65.96%
Very High Inflation

0.34

-98.89%

1.28

-95.83%

3.11

-89.86%

5.08

-83.44%

8.77

-71.41%

Historical Spirit AeroSystems Holdings Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Spirit AeroSystems Holdings

View All Filings
Date Filed Form Type Document
Mar 21, 2023
4
Insider Trading
Mar 15, 2023
ARS
ARS
Mar 15, 2023
DEF 14A
DEF 14A
Mar 15, 2023
DEFA14A
DEFA14A
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading

Latest Insider Trading transactions for SPR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-17
Krishnaswamy Kailash
acquired
-
-
1,334
svp, aftermarket
2023-03-17
Krishnaswamy Kailash
sold (taxes)
-15,597
29.71
-525
svp, aftermarket
2023-03-04
Suchinski Mark
sold (taxes)
-52,033
34.12
-1,525
svp & cfo
2023-03-04
Young Alan W
sold (taxes)
-38,038
34.3
-1,109
svp fab & procurement officer
2023-03-04
Ward Damon Christopher
sold (taxes)
-9,826
34.12
-288
vp, corporate controller
2023-03-04
Welner Justin
sold (taxes)
-20,608
34.12
-604
svp, cao & cco
2023-03-04
Young Alan W
acquired
-
-
2,500
svp fab & procurement officer
2023-03-04
Black Sean
sold (taxes)
-38,572
34.2564
-1,126
svp, engineering
2023-03-04
McPheeters Mindy
sold (taxes)
-3,787
34.12
-111
svp, gc/corp sec
2023-03-04
Gentile Tom
sold (taxes)
-425,067
34.12
-12,458
president & ceo

1–10 of 50

Thomas C. Gentile
16100
Spirit AeroSystems Holdings, Inc. designs, engineers, manufactures, and markets commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, struts/pylons, nacelles, and related engine structural components; and wings and wing components, including flight control surfaces, as well as other structural parts. This segment primarily serves the aircraft original equipment manufacturers (OEMs) or engine OEMs of large commercial aircraft and/or business/regional jet programs. The Defense & Space segment provides fuselage, strut, nacelle, and wing aerostructures primarily for U.S. Government defense programs, including Boeing P-8, C40, and KC-46 Tanker. This segment also engages in the fabrication, bonding, assembly, testing, tooling, processing, engineering analysis, and training on fixed wing aircraft aerostructures, missiles, and hypersonics works, such as solid rocket motor throats, nozzles, re-entry vehicle thermal protections systems, forward cockpit and cabin, and fuselage work on rotorcraft aerostructures. The Aftermarket segment offers spare parts and MRO services, repairs for flight control surfaces and nacelles, radome repairs, rotable assets, engineering services, advanced composite repairs, and other repair and overhaul services. Spirit AeroSystems Holdings, Inc. has a strategic partnership with Sierra Space to enhance access to commercial space economy of the future. The company was formerly known as Mid-Western Aircraft Systems Holdings, Inc. Spirit AeroSystems Holdings, Inc. was founded in 1927 and is headquartered in Wichita, Kansas.

SPR Income Statement

2022-12-31
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Net revenues$ 5,029.6$ 3,953.0$ 3,404.8
Operating costs and expenses   
Cost of sales4,981.04,070.83,845.5
Selling, general and administrative279.2279.9237.4
Restructuring Charges0.28.273.0
Research and development50.453.338.8
Gain (Loss) on Disposition of Property Plant Equipment0.00.022.9
Total operating costs and expenses5,310.84,412.24,217.6
Operating loss(281.2)(459.2)(812.8)
Interest expense and financing fee amortization(244.1)(242.6)(195.3)
Other (expense) income, net14.1(146.6)77.8
Loss before income taxes and equity in net loss of affiliates(539.4)(555.2)(1,085.9)
Income tax (provision) benefit(5.2)17.2220.2
Loss before equity in net loss of affiliates(544.6)(538.0)(865.7)
Equity in net loss of affiliates(1.6)(2.8)(4.6)
Net loss$ (545.7)$ (540.8)$ (870.3)
Loss per share   
Basic (in dollars per share)$ (5.21)$ (5.19)$ (8.38)
Earnings Per Share, Diluted(5.21)(5.19)(8.38)
Common Stock, Dividends, Per Share, Declared$ 0.03$ 0.04$ 0.04
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest$ (546.2)$ (540.8)$ (870.3)
Net Income (Loss) Attributable to Noncontrolling Interest0.50.00.0
Net income(545.7)(540.8)(870.3)
Income (Loss) from Equity Method Investments$ (1.6)$ (2.8)$ (4.6)

SPR Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 658.6$ 1,478.6
Restricted Cash, Current0.20.3
Accounts receivable, net489.5461.6
Unbilled Receivables, Current501.0443.2
Inventory, net1,470.71,382.6
Other current assets38.339.7
Total current assets3,158.33,806.0
Property, plant and equipment, net2,205.92,385.5
Operating Lease, Right-of-Use Asset94.385.3
Unbilled Receivable, Non Current1.20.0
Pension assets196.9532.5
Pension reversion assets71.10.0
Deferred tax asset-non-current, net4.80.4
Other assets91.891.6
Total assets6,666.27,737.3
Liabilities  
Accounts payable919.8720.3
Accrued expenses411.7376.1
Profit sharing40.563.7
Current portion of long-term debt53.749.5
Operating Lease, Liability, Current8.38.2
Advance payments, short-term24.9137.8
Contract with Customer, Liability, Current111.197.9
Provision for Loss on Contracts305.9244.6
Deferred revenue and other deferred credits, short-term21.772.7
Other current liabilities54.9105.2
Total current liabilities1,952.51,876.0
Long-term debt3,814.93,742.7
Operating Lease, Liability, Noncurrent85.478.8
Advance payments, long-term199.9201.3
Pension/OPEB obligation25.274.8
Contract with Customer, Liability, Noncurrent245.3289.1
Provision for Loss on Contacts, Non Current369.2521.6
Deferred grant income liability — non-current25.726.4
Deferred Tax Liabilities, Net, Noncurrent1.321.8
Deferred revenue and other deferred credits49.032.1
Other non-current liabilities141.6423.9
Stockholders’ Equity  
Preferred stock, par value $0.01, 10,000,000 shares authorized, no shares issued        0.00.0
Additional paid-in capital1,179.51,146.2
Accumulated other comprehensive loss(203.9)(23.7)
Retained earnings1,232.51,781.4
Treasury Stock, Value(2,456.7)(2,456.7)
Total stockholders' equity(247.5)448.3
Noncontrolling interest3.70.5
Total equity(243.8)448.8
Total liabilities and equity6,666.27,737.3
Goodwill630.5623.7
Intangible Assets, Net (Excluding Goodwill)$ 211.4$ 212.3
Preferred Stock, Par Value$ 0.01$ 0.01
Preferred Stock, Shares Authorized10,000,00010,000,000
Treasury Stock, Shares41,587,48041,523,470
Class A [Member]  
Stockholders’ Equity  
Common stock$ 1.1$ 1.1
Common Stock, Par Value$ 0.01$ 0.01
Common Stock, Shares Authorized200,000,000200,000,000
Common Stock, Shares, Issued105,252,421105,037,845
Class B [Member]  
Stockholders’ Equity  
Common Stock, Par Value$ 0$ 0
Common Stock, Shares Authorized00
Common Stock, Shares, Issued00