Stock Update: The Boeing Company (NYSE:BA) – SpiceJet places LEAP-1B engine order; will power 42 Boeing 737 MAX aircraft

The Boeing Company (NYSE:BA) [at noodls] – 12.03.2014 Order valued at $1.1 billion U.S. at list price HYDERABAD, India – Indian low cost carrier SpiceJet today announced the purchase 42 Boeing 737 MAX aircraft powered by CFM International’s LEAP-1B …
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The Boeing Company (BA), valued at $92.43B, began trading this morning at $125.00.
 
Looking at today’s market, BA one day range is $123.81 to $125.18 and has traded between $83.52 and $144.57 over the past 12 months.
 
Priced at 17.03x this year’s forecasted earnings, BA shares are relatively inexpensive compared to the industry’s 20.42x forward p/e ratio.
 
And for those looking to make a return holding the stock, the company pays shareholders $2.92 per share annually in dividends, yielding 2.30%.
 
In a review of the consensus earnings estimate this quarter, 20 sell-side analysts are looking at $1.58 per share, which would be $0.15 worse than the year-ago quarter and a $0.19 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $7.38, which would be a $0.31 improvement when compared to the last year’s annual results.
 
The quarterly earnings estimate is predicated on a consensus revenue forecast of $21.03 Billion. If reported, that would be a 11.33% increase over the year-ago quarter.
 
More recently, Oppenheimer downgraded BA from Outperform to Perform (Nov 20, 2013). Previously, BB&T Capital Mkts upgraded BA from Hold to Buy.
 
When considering if perhaps the stock is under or overvalued, the average price target is $153.75, which is 23.00% above where the stock opened this morning.
 
Summary (NYSE:BA) :  The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements, as well as provides related support services to the commercial airline industry. This segment also provides aviation services support, aircraft modifications, spares, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment is involved in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems for the global strike and vertical lift, mobility, surveillance, and engagement. The Network & Space Systems segment is engaged in the research, development, production, and modification of electronics and information solutions; strategic missile and defense systems; space and intelligence systems; and space exploration products. The Global Services and Support segment offers a range of products and services comprising integrated logistics, including supply chain management and engineering support; maintenance, modification, and upgrades for aircraft; and training systems and government services, such as pilot and maintenance training. The Boeing Capital segment facilitates, arranges, structures, and provides financing solutions, such as equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease, and investments for its commercial airplanes customers. The Boeing Company was founded in 1916 and is based in Chicago, Illinois.
 
Tag Helper ~ Stock Code: BA | Common Company name: Boeing | Full Company name: The Boeing Company (NYSE:BA) .

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