Boeing Company (The) (NYSE:BA) Getting Somewhat Positive News Coverage, Report Shows
Media stories about Boeing Company (The) (NYSE:BA) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Boeing Company (The) earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the aircraft producer an impact score of 45.4566540351453 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- Stocks Pare Losses; Why Is Boeing Down When Defense Firms Are Up? (feedproxy.google.com)
- Why Boeing Soared More Than 22% in July (fool.com)
- Maple Capital Management Inc. Boosts Position in Boeing Company (The) (BA) – ExpressNewsline (expressnewsline.com)
- Boeing Company (BA) Ex-Dividend Date Scheduled for August 09, 2017 – Nasdaq (nasdaq.com)
- The Dow soars but other gauges are down: explaining this market's strange divergences (finance.yahoo.com)
Boeing Company (NYSE:BA) traded down 1.58% during mid-day trading on Wednesday, hitting $234.31. 5,680,369 shares of the stock traded hands. The stock has a market cap of $138.50 billion, a price-to-earnings ratio of 20.53 and a beta of 1.16. The company’s 50 day moving average price is $211.74 and its 200-day moving average price is $186.31. Boeing Company has a 1-year low of $126.31 and a 1-year high of $246.49.
Boeing Company (The) (NYSE:BA) last announced its quarterly earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.23. The firm had revenue of $22.74 billion for the quarter, compared to the consensus estimate of $22.97 billion. Boeing Company (The) had a net margin of 7.84% and a return on equity of 2,185.10%. The business’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.44) EPS. Analysts predict that Boeing Company will post $9.95 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Friday, August 11th will be issued a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Wednesday, August 9th. Boeing Company (The)’s payout ratio is presently 49.74%.
A number of research analysts have recently issued reports on the stock. Vetr upgraded shares of Boeing Company (The) from a “hold” rating to a “buy” rating and set a $253.33 price objective for the company in a report on Monday. Royal Bank Of Canada upgraded shares of Boeing Company (The) from an “underperform” rating to a “sector perform” rating and lifted their price objective for the company from $146.00 to $235.00 in a report on Thursday, July 27th. J P Morgan Chase & Co lifted their price objective on shares of Boeing Company (The) from $20.00 to $280.00 and gave the company an “overweight” rating in a report on Monday, July 31st. UBS AG lifted their price objective on shares of Boeing Company (The) from $180.00 to $253.00 and gave the company a “neutral” rating in a report on Friday, August 4th. Finally, Cowen and Company reiterated a “buy” rating and set a $255.00 price objective on shares of Boeing Company (The) in a report on Monday, July 17th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $228.31.
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In related news, SVP Heidi B. Capozzi sold 4,217 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $241.51, for a total value of $1,018,447.67. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Thomas J. Downey sold 134 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $241.20, for a total transaction of $32,320.80. The disclosure for this sale can be found here. In the last three months, insiders sold 83,468 shares of company stock worth $20,353,814. 0.28% of the stock is currently owned by insiders.
About Boeing Company (The)
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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