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 Trading Up 0.1 %

NYSE:BA traded up $0.18 during trading on Monday, reaching $170.17. 47,166 shares of the company's stock were exchanged, compared to its average volume of 9,965,269. Boeing has a fifty-two week low of $113.02 and a fifty-two week high of $233.94. The company's fifty day simple moving average is $147.08 and its 200-day simple moving average is $164.99. The firm has a market capitalization of $101.05 billion, a PE ratio of -18.99 and a beta of 1.38.

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

Wall Street Analysts Forecast Growth

BA has been the topic of several analyst reports. Susquehanna reduced their target price on shares of Boeing from $193.00 to $192.00 in a report on Friday, May 20th. Royal Bank of Canada set a $200.00 target price on Boeing in a report on Monday, August 1st. The Goldman Sachs Group set a $281.00 price target on Boeing in a research report on Wednesday, August 10th. Jefferies Financial Group decreased their target price on Boeing from $270.00 to $225.00 and set a "buy" rating for the company in a research note on Monday, May 2nd. Finally, Citigroup raised Boeing from a "neutral" rating to a "buy" rating and cut their price target for the stock from $219.00 to $209.00 in a research note on Thursday, June 16th. Four research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $219.56.