Company Update: The Boeing Company (NYSE:BA) – Aeromexico Gets its Second Boeing 787 Dreamliner

The Boeing Company (NYSE:BA)

[PR Newswire] – MEXICO CITY, Oct. 25, 2013 /PRNewswire/ — Aeromexico, Mexico’s global airline, announces the arrival of its second Boeing 787-8 Dreamliner, which will commence commercial operations during the last week …
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The Boeing Company (BA), currently valued at $98.63B, started the session at $129.25.

A quick look at the market, the company’s traded between $128.22 to $131.43 with a trailing 52-week range being $69.30 to $131.43.

Priced at 19.22x this year’s forecasted earnings, BA shares are relatively inexpensive compared to the industry’s 37.50x forward p/e ratio.

The company pays shareholders $1.94 per share in dividend income per year, for a current yield of 1.60%.

In a review of the consensus earnings estimate this quarter, 20 sell-side analysts are looking at $1.57 per share, which would be $0.29 better than the year-ago quarter and a $0.02 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $6.71 would be a $1.60 better when compared to the previous year’s annual results.

The quarterly earnings estimate is predicated on a consensus revenue forecast of $22.48 Billion. If reported, that would be a 0.81% increase over the year-ago quarter.

Recently, BB&T Capital Mkts upgraded BA from Hold to Buy (Apr 26, 2013).
Previously, BB&T Capital Mkts upgraded BA from Underweight to Hold.

The average price target for BA shares is $141.30, which is 9.32% above where the stock opened this morning.

The Boeing Company (NYSE:BA), together with its subsidiaries, engages in the design, development, manufacture, sale and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems and services worldwide.

Tag Helper ~ Stock Code: BA | Common Company name: Boeing | Full Company name: The Boeing Company (NYSE:BA) .

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