Aircraft Parts Manufacturing
Search documents
Spirit Aerosystems (SPR) Moves to Strong Buy: Rationale Behind the Upgrade
ZACKS· 2025-05-02 17:00
Core Viewpoint - Spirit Aerosystems (SPR) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, reflecting the company's changing earnings picture [1][2]. - A strong correlation exists between earnings estimate revisions and near-term stock price movements, with institutional investors playing a role in this relationship [4][6]. Recent Performance and Projections - For the fiscal year ending December 2025, Spirit Aerosystems is expected to earn $0.39 per share, representing a 102.8% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Spirit Aerosystems has increased by 258.1%, indicating a significant upward trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Spirit Aerosystems to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
Looking for a Fast-paced Momentum Stock at a Bargain? Consider Spirit Aerosystems (SPR)
ZACKS· 2025-04-30 13:50
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...