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Spirit AeroSystems (SPR) Worth a Look: Stock Jumps 7.2%
Spirit AeroSystems Holdings, Inc. (SPR - Free Report) was a big mover last session, as the company saw its shares rise over 7% on the day. Shares gained after the company announced better-than-expected earnings for the third quarter of 2016 and raised it guidance for the full year. The news led to far more shares changing hands than in a normal session resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 18.1% in the past one-month time frame.
The company has seen two positive revisions in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Spirit AeroSystems currently carries a Zacks Rank #3 (Hold).
SPIRIT AEROSYS Price
SPIRIT AEROSYS Price | SPIRIT AEROSYS Quote
A better-ranked stock in the same industry is CAE Inc. (CAE - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is SPR going up? Or down? Predict to see what others think: Up or Down
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