Stock Report: Spirit AeroSystem Holding Inc.
Source:
Spirit AeroSystem Holding Inc. is an independent manufacturer and designer of commercial aircraft. It operates in three major segments that are Fuselage System, Propulsion System, and Wing System.
The investment in Spirit AeroSystem Holding Inc. is highly recommended. Looking at the historical prices of the stock, it is predicted that the stock prices of the company will significantly increase. Although volatility in the industry is high, the company’s financial performance has positively impacted the earnings of the company. The company is the major supplier of Boeing and based on the increased production rate as a supplier of Boeing it is predicted that the increase in the production rate will significantly impact earnings of the company. With the improvement of the market conditions and supplier agreement it is predicted the company will further improve its performance. Hence, it is recommended to buy stock of Spirit AeroSystem.
On June, 26, 2015, it was reported that the Dennis Muilenburg has taken decisions to improve the company’s performance. Spirit’s supply agreement with Boeing has been renewed that will bring new opportunities for the company. Spirit looks ahead to increase its production capacity. It is estimated that the company’s production will increase by 55 planes per month.
On June 21, 2015, the analyst at the Paris Show stated that the industry will have a confident swift, exposure and growth and improvement in the cash flow of companies will be experienced. It is predicted that the contract agreement of Spirit will improve the earnings of the company. It is because Boeing and Airbus need more supplies in order to increase their production to meet the demand of airliners.
References
Annual Report: Spirit Holding Inc. (2013). New York: Spirit .
Spirit AeroSystems Holdings, Inc. (SPR) . (2015, July 4). Retrieved from http://www.investing.com/equities/spirit-aerosystems-holdings-inc-chart
