Boeing Company (The) (NYSE:BA) – Investment analysts at Jefferies Group lifted their FY2019 EPS estimates for shares of Boeing Company (The) in a report issued on Thursday. Jefferies Group analyst H. Rubel now anticipates that the brokerage will post earnings of $10.75 per share for the year, up from their previous estimate of $10.65. Jefferies Group has a “Buy” rating and a $165.00 price target on the stock. Jefferies Group also issued estimates for Boeing Company (The)’s FY2020 earnings at $11.35 EPS.

Several other research analysts also recently commented on the company. Sanford C. Bernstein reissued an “outperform” rating and issued a $91.00 price objective on shares of Boeing Company (The) in a research note on Wednesday, December 21st. Zacks Investment Research downgraded Boeing Company (The) from a “buy” rating to a “hold” rating in a research note on Monday, October 3rd. Goldman Sachs Group, Inc. (The) set a $109.00 price objective on Boeing Company (The) and gave the company a “sell” rating in a research note on Thursday, October 27th. Vetr downgraded Boeing Company (The) from a “hold” rating to a “sell” rating and set a $150.88 price objective for the company. in a research note on Tuesday, December 20th. Finally, Societe Generale set a $148.00 target price on Boeing Company (The) and gave the company a “neutral” rating in a report on Friday, October 28th. Six analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $147.51.

Earnings History and Estimates for Boeing Company (The) (NYSE:BA)

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Boeing Company (NYSE:BA) traded up 0.34% on Friday, hitting $158.83. 2,435,334 shares of the company were exchanged. The stock has a market capitalization of $98.02 billion, a P/E ratio of 24.27 and a beta of 1.05. The stock’s 50-day moving average price is $155.53 and its 200-day moving average price is $139.59. Boeing Company has a 52-week low of $102.10 and a 52-week high of $160.07.

Boeing Company (The) (NYSE:BA) last announced its quarterly earnings data on Wednesday, October 26th. The aircraft producer reported $3.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.62 by $0.89. Boeing Company (The) had a net margin of 4.52% and a return on equity of 126.01%. The business earned $23.90 billion during the quarter, compared to analyst estimates of $23.73 billion. During the same period last year, the firm posted $2.52 EPS. The company’s revenue was down 7.5% on a year-over-year basis.

Several hedge funds have recently bought and sold shares of the stock. Kernodle & Katon Asset Management Group LLC acquired a new stake in Boeing Company (The) during the third quarter worth $102,000. Jackson Grant Investment Advisers Inc. increased its stake in Boeing Company (The) by 124.9% in the third quarter. Jackson Grant Investment Advisers Inc. now owns 830 shares of the aircraft producer’s stock worth $109,000 after buying an additional 461 shares during the period. Timber Creek Capital Management LLC increased its stake in Boeing Company (The) by 325.0% in the third quarter. Timber Creek Capital Management LLC now owns 850 shares of the aircraft producer’s stock worth $111,000 after buying an additional 650 shares during the period. MV Capital Management Inc. increased its stake in Boeing Company (The) by 0.7% in the third quarter. MV Capital Management Inc. now owns 919 shares of the aircraft producer’s stock worth $121,000 after buying an additional 6 shares during the period. Finally, Nelson Roberts Investment Advisors LLC increased its stake in Boeing Company (The) by 23.7% in the second quarter. Nelson Roberts Investment Advisors LLC now owns 940 shares of the aircraft producer’s stock worth $122,000 after buying an additional 180 shares during the period. Hedge funds and other institutional investors own 72.77% of the company’s stock.

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In related news, EVP J Michael Luttig sold 200,754 shares of Boeing Company (The) stock in a transaction that occurred on Monday, October 31st. The stock was sold at an average price of $142.46, for a total value of $28,599,414.84. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.58% of the stock is owned by corporate insiders.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 3rd. Investors of record on Friday, February 10th will be paid a $1.42 dividend. The ex-dividend date of this dividend is Wednesday, February 8th. This is an increase from Boeing Company (The)’s previous quarterly dividend of $1.09. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.58%. Boeing Company (The)’s payout ratio is 66.36%.

Boeing Company (The) Company Profile

The Boeing Company is an aerospace firm. The Company operates in five segments: Commercial airplanes; Defense, Space & Security (BDS) business, such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). Its Commercial Airplanes segment develops, produces and markets commercial jet aircraft, which provides related support services to the commercial airline industry.

5 Day Chart for NYSE:BA

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