Boeing - BA Stock Forecast, Price & News

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The Commercial Airplanes segment provides commercial jet aircraft for passenger and cargo requirements, as well as fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating leases, sales-type/finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was incorporated in 1916 and is based in Chicago, Illinois.

Boeing Price Performance

NYSE:BA opened at $170.47 on Tuesday. Boeing has a 12 month low of $113.02 and a 12 month high of $233.94. The stock has a market capitalization of $101.23 billion, a P/E ratio of -19.05 and a beta of 1.38. The firm's 50-day moving average is $147.70 and its two-hundred day moving average is $164.85.

Boeing (NYSE:BA - Get Rating) last announced its earnings results on Wednesday, July 27th. The aircraft producer reported ($0.37) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.23). The business had revenue of $16.68 billion during the quarter, compared to the consensus estimate of $17.53 billion. During the same quarter last year, the firm posted $0.40 earnings per share. The firm's revenue for the quarter was down 1.9% compared to the same quarter last year. As a group, analysts anticipate that Boeing will post -1.69 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on BA shares. Susquehanna reduced their price objective on shares of Boeing from $193.00 to $192.00 in a research report on Friday, May 20th. Benchmark reduced their target price on Boeing from $250.00 to $200.00 and set a "buy" rating for the company in a report on Friday, July 15th. The Goldman Sachs Group set a $281.00 target price on Boeing in a research report on Wednesday, August 10th. JPMorgan Chase & Co. boosted their price target on Boeing from $188.00 to $200.00 in a research report on Thursday, July 28th. Finally, Jefferies Financial Group decreased their price objective on Boeing from $270.00 to $225.00 and set a "buy" rating on the stock in a report on Monday, May 2nd. Four equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Boeing currently has a consensus rating of "Moderate Buy" and an average price target of $219.56.