[Reuters] – The U.S. aviation regulator on Tuesday ordered a immediate fix for a software glitch affecting thrust reversers on some Boeing Co airplanes featuring certain General Electric Co engines. The Federal Aviation …
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The Boeing Company (BA), valued at $92.02B, started the session at $124.46.
Looking at today’s market, BA one day range is $123.56 to $124.98 and has traded between $83.80 and $144.57 over the past year.
BA shares are currently priced at 16.72x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 19.44x earnings multiple.
And for income investors, the company pays shareholders $2.92 per share annually in dividends, yielding 2.40%.
Consensus earnings for the current quarter by the 20 sell-side analysts covering the stock is an estimate of $1.57 per share, which would be $0.16 worse than the year-ago quarter and a $0.20 sequential decrease. The full-year EPS estimate is $7.38 which would be a $0.31 improvement than last year’s full-year earnings.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $20.90 Billion. If reported, that would be a 10.64% increase over the year-ago quarter.
In terms of ratings, Oppenheimer downgraded BA from Outperform to Perform (Nov 20, 2013). Previously, BB&T Capital Mkts upgraded BA from Hold to Buy.
Given all the information above, we should disclose to readers that the average price target is $152.20, which is 22.29% above than it 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) .