Spirit AeroSystems Holdings, Inc. : Volatility should make a big comeback
Entry price | Target | Stop-loss | Potential |
---|
$57.82 |
$61.9 |
$55.4 |
+7.06% |
---|
Spirit AeroSystems Holdings, Inc. shares stand out with an interesting technical chart pattern displaying horizontal consolidation. One would assume that the current accumulation phase will cede eventually to an acceleration to the upside.
Strengths● The group's high margin levels account for strong profits.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● With a P/E ratio at 12.04 for the current year and 11.18 for next year, earnings multiples are highly attractive compared with competitors.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 50.99 USD
Weaknesses● As estimated by analysts, this group is among those businesses with the lowest growth prospects.
● Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
● The group usually releases earnings worse than estimated.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
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