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Monday, April 29, 2013

Potential Takeover Candidate? (NYSE: SPR)

Shares of SPR traded higher by 2.58% or $0.51/share to $20.28. NYSE is trading at a price to book ratio of 1.42. The PEG is 0.78 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.53. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1633840 shares of SPR exchange hands on a given day and today's volume is recorded at 663142. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Spirit AeroSystems Holdings, Inc. (Holdings) is an independent non- original equipment manufacturer (OEM) aircraft parts designers and manufacturers of commercial aerostructures.