A number of firms have modified their ratings and price targets on shares of Boeing (NYSE: BA) recently:

  • 2/11/2019 – Boeing had its price target raised by analysts at JPMorgan Chase & Co. to $450.00. They now have an “overweight” rating on the stock.
  • 2/5/2019 – Boeing had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $459.00 price target on the stock, up previously from $435.00.
  • 2/4/2019 – Boeing had its price target raised by analysts at Jefferies Financial Group Inc to $448.00. They now have a “buy” rating on the stock.
  • 1/31/2019 – Boeing had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $470.00 price target on the stock.
  • 1/31/2019 – Boeing had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $440.00 price target on the stock, up previously from $434.00.
  • 1/31/2019 – Boeing had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a $380.00 price target on the stock, up previously from $360.00.
  • 1/30/2019 – Boeing had its “buy” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a price target on the stock.
  • 1/10/2019 – Boeing is now covered by analysts at Susquehanna Bancshares Inc. They set a “positive” rating and a $388.00 price target on the stock.
  • 1/10/2019 – Boeing was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating. They now have a $450.00 price target on the stock, up previously from $400.00.
  • 1/9/2019 – Boeing was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $450.00 price target on the stock, up previously from $400.00.
  • 1/9/2019 – Boeing had its “buy” rating reaffirmed by analysts at UBS Group AG.
  • 1/2/2019 – Boeing was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 12/18/2018 – Boeing had its “buy” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $456.00 price target on the stock.
  • 12/18/2018 – Boeing had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $445.00 price target on the stock.

BA stock traded up $0.28 during mid-day trading on Monday, reaching $405.19. The company had a trading volume of 1,673,728 shares, compared to its average volume of 4,404,469. The company has a debt-to-equity ratio of 25.99, a current ratio of 1.08 and a quick ratio of 0.31. The firm has a market capitalization of $229.94 billion, a P/E ratio of 25.31, a P/E/G ratio of 1.47 and a beta of 1.31. Boeing Co has a fifty-two week low of $292.47 and a fifty-two week high of $413.88.

Boeing (NYSE:BA) last posted its quarterly earnings results on Wednesday, January 30th. The aircraft producer reported $5.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.52 by $0.96. The company had revenue of $28.34 billion for the quarter, compared to analyst estimates of $26.76 billion. Boeing had a negative return on equity of 4,286.60% and a net margin of 10.34%. Boeing’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter last year, the company earned $3.04 EPS. On average, analysts expect that Boeing Co will post 20.14 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 1st. Shareholders of record on Friday, February 8th will be given a $2.055 dividend. The ex-dividend date is Thursday, February 7th. This represents a $8.22 dividend on an annualized basis and a yield of 2.03%. This is a positive change from Boeing’s previous quarterly dividend of $1.71. Boeing’s dividend payout ratio (DPR) is currently 51.34%.

In other news, EVP Timothy John Keating sold 26,557 shares of the firm’s stock in a transaction dated Monday, February 4th. The stock was sold at an average price of $395.47, for a total transaction of $10,502,496.79. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.24% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of BA. FMR LLC grew its stake in shares of Boeing by 16.0% in the 2nd quarter. FMR LLC now owns 7,415,662 shares of the aircraft producer’s stock valued at $2,488,029,000 after purchasing an additional 1,023,959 shares during the last quarter. Richard Bernstein Advisors LLC grew its stake in shares of Boeing by 4.4% in the 2nd quarter. Richard Bernstein Advisors LLC now owns 28,717 shares of the aircraft producer’s stock valued at $9,635,000 after purchasing an additional 1,218 shares during the last quarter. Merriman Wealth Management LLC grew its stake in shares of Boeing by 11.5% in the 2nd quarter. Merriman Wealth Management LLC now owns 3,114 shares of the aircraft producer’s stock valued at $1,045,000 after purchasing an additional 320 shares during the last quarter. ING Groep NV grew its stake in shares of Boeing by 12.5% in the 2nd quarter. ING Groep NV now owns 243,412 shares of the aircraft producer’s stock valued at $81,667,000 after purchasing an additional 27,060 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Boeing by 1.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 68,201 shares of the aircraft producer’s stock valued at $22,883,000 after purchasing an additional 1,096 shares during the last quarter. 76.86% of the stock is currently owned by institutional investors and hedge funds.

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 in four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital.

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