Spirit AeroSystems Holdings, Inc. engages in the design, engineering, manufacture, and marketing of 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, floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and wing systems. This segment primarily serves commercial and business/regional jet programs. The Defense & Space segment engages in the fabrication, bonding, assembly, testing, tooling, processing, engineering analysis, and training on fuselage, strut, nacelle, and wing aerostructures; provision of missiles and hypersonics solutions, such as solid rocket motor throats, nozzles, re-entry vehicle thermal protections systems; forward cockpit and cabin, and fuselage work on rotorcraft aerostructures; and classified programs. This segment primarily serves U.S. Government defense programs. The Aftermarket segment provides maintenance, repair, and overhaul services; fuselage, strut, nacelle, and wing aerostructures spare parts; repair services for radome, flight control surfaces, and nacelles; rotable assets trading and leasing; and engineering services. This segment primarily serves both commercial and defense and space programs. 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.
Boeing's Bold Move | Explore Boeing's potential acquisition of Spirit AeroSystems at $35 per share, valuing the company at $4.1 billion and offering stability amid financial challenges |
Production Hurdles | Delve into Spirit's struggles with 737 MAX and 787 Dreamliner production, impacting financial performance and raising concerns about future targets |
Market Outlook | Uneven recovery in commercial aerospace presents both challenges and opportunities for Spirit, with build rates by Airbus and Boeing crucial for future growth |
Analyst Perspectives | Average price target of $35.42 reflects mixed views on Spirit's prospects, with ratings ranging from Hold to Sector Perform amid ongoing industry uncertainties |
Metrics to compare | SPR | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipSPRPeersSector | |
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P/E Ratio | −2.7x | 9.1x | 11.8x | |
PEG Ratio | 0.07 | −0.01 | 0.03 | |
Price/Book | −2.0x | 1.7x | 1.4x | |
Price / LTM Sales | 0.6x | 1.4x | 1.2x | |
Upside (Analyst Target) | 13.4% | 38.9% | 20.5% | |
Fair Value Upside | Unlock | 9.0% | 6.2% | Unlock |