|May 5, 2014|
|07:47 EDT||SPR||Spirit AeroSystems price target raised to $36 from $32 at Canaccord|
Canaccord raised its price target on Spirit AeroSystems following clean Q1 results. The firm cited impressive sales growth, improved margins, and increased confidence in 2014 opportunity. Shares are Buy rated.
News For SPR From The Last 14 Days
|February 4, 2016|
|07:09 EDT||SPR||Spirit AeroSystems guidance positive, says Bernstein|
Noting that the high end of Spirit's 2016 EPS guidance came in well above expectations, Bernstein views that development as positive. The firm says that the company's Q4 margins were "good," and it keeps a $68 price target and Outperform rating on the shares.
|February 3, 2016|
|07:39 EDT||SPR||Spirit AeroSystems reports Q4 Fuselage Systems revenue $823M|
Reports Q4 Propulsion revenue $435M. Reports Q4 Wing Systems revenue $352M.
|07:38 EDT||SPR||Spirit AeroSystems board authorizes new share repurchase program of up to $600M|
The Board of Directors has authorized a new share repurchase program of up to $600 million of Spirit's common stock under which repurchases may be made intermittently through December 31, 2017.
|07:37 EDT||SPR||Spirit AeroSystems sees FY16 EPS $4.15-$4.35, consensus $4.17|
Sees FY16 revenue $6.6B-$6.7B, consensus $6.85B. Sees FY16 free cash flow of $350M-$400M. Sees FY16 effective tax rate of 31.5%-32.5%.
|07:36 EDT||SPR||Spirit AeroSystems reports total backlog at FY15-end of $47B|
|07:36 EDT||SPR||Spirit AeroSystems records charge of $7.3M on 747 program|
Records a charge of $7.3 million on the 747 program as a result of production rate decrease starting in September 2016.
|07:36 EDT||SPR||Spirit AeroSystems reports Q4 adjusted EPS 95c, consensus 94c|
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|January 29, 2016|
|10:05 EDT||SPR||On The Fly: Analyst Downgrade Summary|
Today's noteworthy downgrades include: Abbott (ABT) downgraded to Market Perform from Outperform at William Blair... Chuy's (CHUY) downgraded to Market Perform from Outperform at Raymond James... Cypress Semiconductor (CY) downgraded to Neutral from Buy at Sterne Agee CRT... Darden (DRI) downgraded to Underperform from Market Perform at Raymond James... Dominion (D) downgraded to Neutral from Buy at UBS... Ensco (ESV) downgraded to Neutral from Buy at Citi... First Financial (FFIN) downgraded to Sell from Hold at Sandler O'Neill... Global Partners (GLP) downgraded to Neutral from Overweight at Mitsubishi UFJ... Investors Bancorp (ISBC) downgraded to Sell from Neutral at Compass Point... NetScout (NTCT) downgraded to Hold from Buy at Needham... Precision Castparts (PCP) downgraded to Sell from Buy at Gabelli... Spirit AeroSystems (SPR) downgraded to Sell from Neutral at Goldman... Synaptics (SYNA) downgraded to Buy from Strong Buy at Needham... Terex (TEX) downgraded to Market Perform from Outperform at Avondale... UniCredit (UNCFF) downgraded to Hold from Buy at Berenberg... United Rentals (URI) downgraded to Neutral from Positive at Susquehanna... Xcel Energy (XEL) downgraded to Neutral from Outperform at Macquarie.
|05:36 EDT||SPR||Spirit AeroSystems downgraded to Sell from Neutral at Goldman|
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