The aerospace/defense industry closed the day up 2.8%. BE Aerospace Inc ( BEAV), Huntington Ingalls Industries Inc ( HII), Hexcel Corporation ( HXL), and Astrotech ( ASTC) were all decliners today within the aerospace/defense industry with Spirit AeroSystems Holdings Inc ( SPR) being today's featured aerospace/defense loser. Spirit AeroSystems Holdings Inc fell 26 cents (-1.8%) to $15.14 on light volume. Throughout the day, one million shares of Spirit AeroSystems Holdings Inc exchanged hands as compared to its average daily volume of 1.8 million shares. Spirit AeroSystems Holdings, Inc., through its subsidiaries, designs, engineers, and manufactures commercial aircraft structures worldwide. It operates in three segments: Fuselage Systems, Propulsion Systems, and Wing Systems. Spirit AeroSystems Holdings Inc has a market cap of $2.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 13.2, equal to the average aerospace/defense industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 28.5% year to date as of the close of trading on Monday. TheStreet Ratings rates Spirit AeroSystems as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.
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