The Boeing Company (NYSE:BA) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Boeing shares have a consensus rating of “Moderate Buy” from 23 analysts, with 15 buy ratings and 2 strong buys. The average 1-year price target is $259.80.
• Recent news flow is mostly positive, including China confirming a 200-aircraft Boeing order and Citi raising its price target to $260, both of which support improving demand and recovery sentiment.
• Despite ongoing execution risks, Boeing posted better-than-expected quarterly results, reporting a smaller-than-expected loss and revenue slightly above estimates. However, concerns remain around 777X certification delays and the company’s high leverage.

Shares of The Boeing Company (NYSE:BA - Get Free Report) have received a consensus rating of "Moderate Buy" from the twenty-three research firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation, fifteen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $259.80.

A number of research analysts have issued reports on BA shares. Jefferies Financial Group restated a "buy" rating on shares of Boeing in a research report on Wednesday, March 4th. Wells Fargo & Company started coverage on shares of Boeing in a research report on Wednesday, April 1st. They set an "overweight" rating and a $250.00 target price on the stock. Argus upgraded shares of Boeing to a "hold" rating in a research report on Monday, February 2nd. Sanford C. Bernstein restated an "outperform" rating on shares of Boeing in a research report on Wednesday, January 28th. Finally, UBS Group increased their target price on shares of Boeing from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Wednesday, January 28th.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: China confirmed a 200-aircraft Boeing order as part of broader U.S.-China trade talks, reopening a major market for Boeing after a prolonged freeze and improving near-term demand visibility. Beijing Confirms Boeing Aircraft Order Following Trump's China Visit—Xi Jinping Seeks To End $30 Billion In Reciprocal Tariffs With US
• Positive Sentiment: Citi reportedly called the recent selloff in Boeing a buying opportunity and raised its price target to $260, signaling confidence in the company’s recovery. Citi calls Boeing selloff a 'gift' and lifts BA target to $260
• Positive Sentiment: Director Bradley D. Tilden bought 1,370 shares, a vote of confidence from an insider that can help support sentiment. SEC insider filing
• Neutral Sentiment: Boeing is also benefiting from a growing backlog and defense-related revenue visibility, which supports the long-term recovery case but is not an immediate catalyst. Is Boeing's Growing Backlog Strengthening Its Recovery Prospects?
• Negative Sentiment: Reports that certification for the 777X is more complicated than expected, including greater focus on “hot brakes,” are weighing on the stock by renewing concerns about delays and execution risk. Hot Brakes a Bigger Part of 777X Certification Than Expected, Boeing Stock NYSE: BA Slips
• Negative Sentiment: Some investors were disappointed that the China deal was for 200 jets rather than the much larger order they had hoped for, which may be limiting upside in the shares. Fresh China deal gives hope for whipsawed Boeing shares

Boeing Stock Down 0.2%

Boeing stock opened at $219.18 on Friday. The stock has a market cap of $172.78 billion, a P/E ratio of 106.40 and a beta of 1.21. The company has a quick ratio of 0.35, a current ratio of 1.18 and a debt-to-equity ratio of 7.42. Boeing has a twelve month low of $176.77 and a twelve month high of $254.35. The company's 50-day moving average price is $217.34 and its two-hundred day moving average price is $218.62.

Boeing (NYSE:BA - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.68) by $0.48. The business had revenue of $22.22 billion for the quarter, compared to analyst estimates of $22.15 billion. During the same quarter in the previous year, the company earned ($0.49) EPS. The business's revenue for the quarter was up 14.0% on a year-over-year basis. As a group, analysts expect that Boeing will post -0.15 EPS for the current year.

Insiders Place Their Bets

In other news, Director Mortimer J. Buckley purchased 2,230 shares of Boeing stock in a transaction that occurred on Tuesday, March 3rd. The shares were acquired at an average price of $224.20 per share, for a total transaction of $499,966.00. Following the transaction, the director owned 4,430 shares of the company's stock, valued at approximately $993,206. The trade was a 101.36% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Bradley D. Tilden purchased 1,370 shares of Boeing stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average price of $218.50 per share, for a total transaction of $299,345.00. Following the transaction, the director directly owned 1,370 shares in the company, valued at $299,345. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.10% of the company's stock.

Institutional Trading of Boeing

Several large investors have recently made changes to their positions in BA. Measured Wealth Private Client Group LLC acquired a new stake in shares of Boeing during the 3rd quarter worth approximately $25,000. Strive Financial Group LLC acquired a new stake in shares of Boeing during the 4th quarter worth approximately $25,000. Ares Financial Consulting LLC acquired a new stake in shares of Boeing during the 4th quarter worth approximately $26,000. CrossGen Wealth LLC acquired a new stake in shares of Boeing during the 4th quarter worth approximately $26,000. Finally, Strategic Wealth Advisors LLC acquired a new stake in shares of Boeing during the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 64.82% of the company's stock.

Boeing Company Profile

Boeing Company NYSE: BA is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing's principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.