Why Boeing (BA) Stock Is Up Today Boeing (BA) is gaining Thursday after reporting statistics for its second quarter aircraft deliveries. Lindsay Ingram Jul 3, 2014 11:54 AM EDT
Full Answer
Should you buy BA stock?
Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours. BA has a roughly average overall score of 38 meaning the stock holds a better value than 38% of stocks at its current price.
Should you buy Boeing (BA) stock right now?
The Federal Aviation Administration said it told Boeing of its decision Tuesday. The FAA said that once deliveries of 787s resume, it will perform final inspections and retain power to clear each new plane until it is confident that Boeing’s quality control and manufacturing “consistently produce 787s that meet FAA design standards.”
When does BA report earnings?
Look out for BA's next earnings release expected on January 26, 2022. For the next earning release, we expect the company to report earnings of $0.16 per share, reflecting a year-over-year increase of 101.05%. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.
Is the Boeing (BA) outperforming other aerospace stocks this year?
Is The Boeing (BA) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Aerospace ... could be poised to outperform the broader ...
Is BA stock a buy now?
The consensus among 13 Wall Street analysts covering (NYSE: BA) stock is to Strong Buy BA stock.
Will BA stock go up?
The 21 analysts offering 12-month price forecasts for Boeing Co have a median target of 215.00, with a high estimate of 298.00 and a low estimate of 130.00. The median estimate represents a +69.30% increase from the last price of 126.99.
Is BA a buy Zacks?
BA 115.86 -11.14(-8.77%) Zacks Investment Research is releasing its prediction for BA based on the 1-3 month trading system that nearly triples the S&P 500.
What is the 52 week high stock price for Boeing?
$255.14BA Real-Time QuotesNasdaq Last Sale (NLS) Plus Volume2,840,191Previous Close$133.73Today's High / Low$134.40/$124.168952 Week High / Low$255.14/$117.08
What is the target price for BA?
Stock Price Target BAHigh$298.00Median$215.00Low$130.00Average$215.90Current Price$139.25
Is BA stock undervalued?
The Boeing Company (BA) is down 18.4% from its recent peak in November, but it's off just 5.5% year-to-date (YTD). Recently, Boeing reported slightly lower revenue but positive free cash flow for Q4, along with higher 737 Max deliveries.
Is jazz a good buy?
Jazz Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.
Is AMD a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows
What is the PEG ratio of BA?
Valuation Measures 4As of Date: 5/18/2022 Current3/31/2021Forward P/E32.89238.10PEG Ratio (5 yr expected)6.53N/APrice/Sales (ttm)1.212.49Price/Book (mrq)N/AN/A5 more rows
What is the annual dividend for Boeing?
Historical dividend payout and yield for Boeing (BA) since 1989. The current TTM dividend payout for Boeing (BA) as of June 10, 2022 is $0.00. The current dividend yield for Boeing as of June 10, 2022 is 0.00%.
What was Boeing's highest stock price?
The latest closing stock price for Boeing as of June 10, 2022 is 127.00.The all-time high Boeing stock closing price was 440.62 on March 01, 2019.The Boeing 52-week high stock price is 252.30, which is 98.7% above the current share price.More items...
What is Boeing's PE ratio?
Boeing's latest twelve months p/e ratio is -15.4x. Boeing's p/e ratio for fiscal years ending December 2017 to 2021 averaged 10.2x. Boeing's operated at median p/e ratio of 17.7x from fiscal years ending December 2017 to 2021. Looking back at the last five years, Boeing's p/e ratio peaked in December 2019 at 48.3x.
Is Boeing stock a Buy, Sell or Hold?
Boeing stock has received a consensus rating of buy. The average rating score is Baa2 and is based on 31 buy ratings, 13 hold ratings, and 5 sell r...
What was the 52-week low for Boeing stock?
The low in the last 52 weeks of Boeing stock was 117.09. According to the current price, Boeing is 112.93% away from the 52-week low.
What was the 52-week high for Boeing stock?
The high in the last 52 weeks of Boeing stock was 258.36. According to the current price, Boeing is 51.18% away from the 52-week high.
What are analysts forecasts for Boeing stock?
The 49 analysts offering price forecasts for Boeing have a median target of 237.00, with a high estimate of 306.00 and a low estimate of 149.00. Th...
Is Boeing a buy right now?
19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Boeing in the last year. There are currently 5 hold rat...
Are investors shorting Boeing?
Boeing saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,340,000 shares, an increase o...
When is Boeing's next earnings date?
Boeing is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast for Boeing .
How were Boeing's earnings last quarter?
The Boeing Company (NYSE:BA) issued its earnings results on Wednesday, April, 27th. The aircraft producer reported ($2.75) earnings per share for t...
What price target have analysts set for BA?
19 brokers have issued twelve-month target prices for Boeing's stock. Their forecasts range from $150.00 to $300.00. On average, they anticipate Bo...
Who are Boeing's key executives?
Boeing's management team includes the following people: Mr. David L. Calhoun , Pres, CEO & Director (Age 64, Pay $5.09M) Mr. Brian J. West , Ex...
What is David Calhoun's approval rating as Boeing's CEO?
494 employees have rated Boeing CEO David Calhoun on Glassdoor.com . David Calhoun has an approval rating of 67% among Boeing's employees.
Who are some of Boeing's key competitors?
Some companies that are related to Boeing include Honeywell International (HON) , Lockheed Martin (LMT) , Northrop Grumman (NOC) , General Dyna...
What other stocks do shareholders of Boeing own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Boeing investors own include NVIDIA (NVDA) , Tesla (TSLA)...
What is Boeing stock worth in 2020?
The Boeing's stock was trading at $189.08 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BA shares have increased by 26.0% and is now trading at $238.29. View which stocks have been most impacted by COVID-19.
What is Boeing's business?
The Boeing Co. is an aerospace company, which engages in the manufacture of commercial jetliners and defense, space and security systems. It operates through the following segments: Commercial Airplanes; Defense, Space and Security; Global Services; and Boeing Capital. The Commercial Airplanes segment includes the development, production, and market of commercial jet aircraft and provides fleet support services, principally to the commercial airline industry worldwide. The Defense, Space and Security segment refers to the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike, including fighter and combat rotorcraft aircraft and missile systems; global mobility, including tanker, rotorcraft and tilt-rotor aircraft; and airborne surveillance and reconnaissance, including command and control, battle management and airborne anti-submarine aircraft. The Global Services segment provides services to commercial and defense customers. The Boeing Capital segment seeks to ensure that Boeing customers have the financing they need to buy and take delivery of their Boeing product and manages overall financing exposure. T
How much money does Boeing make?
How much money does The Boeing make? The Boeing has a market capitalization of $139.35 billion and generates $58.16 billion in revenue each year . The aircraft producer earns $-11,873,000,000.00 in net income (profit) each year or ($23.25) on an earnings per share basis.
What is the symbol for Boeing?
Boeing trades on the New York Stock Exchange (NYSE) under the ticker symbol "BA."
Does Boeing pay dividends?
Boeing does not currently pay a dividend.
What are the best stocks to buy in July 2021?
The best Dow Jones stocks to buy and watch in July 2021 are Apple, Boeing, Disney, Microsoft and Nike.
How many 737s will Boeing deliver in 2021?
Boeing (BA) delivers 50 units of its single-aisle 737 jets in the second quarter of 2021 compared with mere four units delivered in the prior-year period. Boeing shares slide 2% premarket on news of further delays in 787 deliveries. MarketWatch.
Is Boeing overweight?
Wells Fargo analyst Matthew Akers upgraded Boeing Co (NYSE: BA) to Overweight from Equal Weight and raised the price target to 2 (an upside of 20.5%) from $224. Akers now sees a positive risk/reward balance with the stock lagging the S&P 500 Index by 30% since its March high. The analyst believes Boeing should benefit from the China737 MAX re-certification, resumption of 787 deliveries, higher fuel costs driving more aircraft retirements, and easing international travel restrictions. Each of the
Is Qatar Airways looking at Boeing?
Qatar Airways is considering an imminent purchase of a freighter aircraft and is looking at an "attractive proposition from Boeing", Chief Executive Akbar Al Baker said on Wednesday. The comment from one of the world's largest cargo players is the latest indication that Qatar Airways may help inaugurate a new freighter version of Boeing's future 777X jetliner. "We are seriously looking at placing a large cargo order, a freighter order, because ... as we are also growing our freight business, we need to be sustainable in that and we are going to imminently place a large freighter order," Al Baker said.
Which airline has agreed to settle the grounding of its 737 MAX?
Indian budget airline SpiceJet said on Wednesday U.S. planemaker Boeing had agreed to settle the outstanding claims related to the grounding of its 737 MAX aircraft. The announcement from the country's second-largest airline comes a day after billionaire investor Rakesh Jhunjhunwala-backed Akasa Air placed an order for 72 Boeing 737 MAX jets valued at nearly $9 billion at list prices. "Boeing has agreed to provide certain accommodations and settle the outstanding claims related to the grounding of 737 MAX aircraft and its return to service," SpiceJet said in a filing to the domestic stock exchanges.
What is the Northrop Grumman donation to Virginia Tech?
Northrop Grumman Corp. (NYSE: NOC), the Falls Church-based global aerospace and defense giant, will donate $12.5 million to Virginia Tech to support a new quantum research center at its new Alexandria graduate campus. The Blacksburg university will invest another $15.8 million to create the Center of Quantum Architecture and Software Development at the innovation campus, seizing on the pursuit of quantum technology that has the potential to revolutionize information technology and research across multiple industrial sectors, the school announced Wednesday. Lance Collins, vice president and executive director of the innovation campus, said the gift accelerates the university’s focus on quantum information science, specifically in the area of software development, to support more powerful computing and the secure networks to support it.
What airline is grounded by Boeing?
The announcement from the country's second-largest airline comes a day after billionaire investor Rakesh Jhunjhunwala-backed Akasa Air placed an order for 72 Boeing 737 MAX jets valued at nearly $9 billion at list prices. "Boeing has agreed to provide certain accommodations and settle the outstanding claims related to the grounding of 737 MAX aircraft and its return to service," SpiceJet said in a filing https://refini.tv/3qHrOx1 to the domestic stock exchanges.
Who makes the 737-800BCF?
The Boeing Company (BA) initiates three conversion lines for the 737-800BCF freighter aircraft across North America and Europe, and secures order for 11 737-800BCF freighters from Icelease.
Is Boeing's conversion activity positive?
While the conversion activity is a positive sign for Boeing, the deals are "not a substitute for aircraft orders," an analyst says.
Is Airbus ahead of Boeing?
After landing deals at the Dubai Airshow, Airbus is still well ahead of Boeing, with nearly 500 orders for new planes so far in 2021 compared with Boeing's 381.
The company says it has enough cash to make it through the pandemic crisis
Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. He spends a lot of time these days focused on the industrials and financials.
What happened
Shares of Boeing ( NYSE:BA) traded up 5% on Wednesday after a key executive said the $25 billion in new debt the company raised earlier this year should be enough to get through a multiyear global aviation crisis.
So what
Boeing has been hit hard by the COVID-19 pandemic, which has caused airlines to rethink growth plans and instead ground large portions of their existing fleets. With travel demand expected to be weak for years to come, Boeing is likely facing a long period of sluggish new jet sales.
Now what
Despite Smith's positive comments, investors need to temper their enthusiasm. It's good that Boeing doesn't expect things to worsen, but they are not going to get better for a long time. Even after the pandemic is over, airlines will have billions in fresh debt to deal with and are unlikely to be in a position to aggressively buy new aircraft.
