Spirit AeroSystems Holdings Inc. (SPR): Today's Featured Aerospace/Defense Winner

Spirit AeroSystems Holdings ( SPR) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day down 0.4%. By the end of trading, Spirit AeroSystems Holdings rose 15 cents (0.7%) to $23.03 on average volume. Throughout the day, 812,095 shares of Spirit AeroSystems Holdings exchanged hands as compared to its average daily volume of 928,100 shares. The stock ranged in a price between $22.86-$23.28 after having opened the day at $23.01 as compared to the previous trading day's close of $22.88. Other companies within the Aerospace/Defense industry that increased today were: Sifco Industries ( SIF), up 2.3%, TransDigm Group ( TDG), up 2.2%, Heico Corporation ( HEI), up 1.9%, and Triumph Group ( TGI), up 1.6%.

Spirit AeroSystems Holdings, Inc., through its subsidiaries, designs and manufactures commercial aerostructures worldwide. It operates in three segments: Fuselage Systems, Propulsion Systems, and Wing Systems. Spirit AeroSystems Holdings has a market cap of $2.63 billion and is part of the industrial goods sector. The company has a P/E ratio of 13.6, below the average aerospace/defense industry P/E ratio of 13.7 and below the S&P 500 P/E ratio of 17.7. Shares are up 10.1% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Spirit AeroSystems Holdings a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Spirit AeroSystems Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Aerosonic Corporation ( AIM), down 6.3%, LMI Aerospace ( LMIA), down 4.1%, AAR ( AIR), down 2.9%, and TAT Technologies ( TATT), down 2%, were all losers within the aerospace/defense industry with Embraer S.A ( ERJ) being today's aerospace/defense industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx ( ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 ( DOG).
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