News stories about Boeing (NYSE:BA) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Boeing earned a news impact score of 0.10 on Accern’s scale. Accern also gave news articles about the aircraft producer an impact score of 44.7865939984118 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
Several research firms have recently weighed in on BA. Buckingham Research reaffirmed a “hold” rating and issued a $203.00 price objective on shares of Boeing in a research note on Friday, December 22nd. Deutsche Bank boosted their price target on Boeing to $300.00 and gave the stock a “buy” rating in a research report on Thursday, September 14th. Jefferies Group reissued a “buy” rating and set a $300.00 price target on shares of Boeing in a research report on Friday, October 6th. Nord/LB set a $250.00 price target on Boeing and gave the stock a “neutral” rating in a research report on Thursday, November 2nd. Finally, Zacks Investment Research raised Boeing from a “hold” rating to a “buy” rating and set a $330.00 price target on the stock in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $274.67.
Boeing (NYSE BA) traded up $12.17 during mid-day trading on Friday, reaching $308.84. The company’s stock had a trading volume of 6,034,693 shares, compared to its average volume of 3,280,000. The company has a quick ratio of 0.39, a current ratio of 1.18 and a debt-to-equity ratio of 8.54. Boeing has a 52 week low of $156.67 and a 52 week high of $308.89. The stock has a market cap of $183,940.00, a P/E ratio of 28.41, a PEG ratio of 2.08 and a beta of 1.23.
Boeing (NYSE:BA) last posted its quarterly earnings data on Wednesday, October 25th. The aircraft producer reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.65 by $0.07. Boeing had a return on equity of 12,064.25% and a net margin of 7.33%. The company had revenue of $24.31 billion for the quarter, compared to the consensus estimate of $24.09 billion. During the same period in the previous year, the business earned $3.51 EPS. Boeing’s revenue for the quarter was up 1.7% compared to the same quarter last year. equities research analysts anticipate that Boeing will post 10.14 EPS for the current fiscal year.
Boeing announced that its board has initiated a stock repurchase program on Monday, December 11th that allows the company to buyback $18.00 billion in outstanding shares. This buyback authorization allows the aircraft producer to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its shares are undervalued.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 2nd. Shareholders of record on Friday, February 9th will be issued a dividend of $1.71 per share. The ex-dividend date is Thursday, February 8th. This is an increase from Boeing’s previous quarterly dividend of $1.42. This represents a $6.84 annualized dividend and a yield of 2.21%. Boeing’s payout ratio is currently 52.25%.
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The Boeing Company is an aerospace company. The Company’s segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry.
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