Boeing (NYSE:BA) Stock Rating Upgraded by Barclays

Boeing (NYSE:BA) was upgraded by research analysts at Barclays to a “strong-buy” rating in a report released on Friday, Zacks reports.

A number of other equities analysts have also recently issued reports on BA. Wolfe Research upgraded shares of Boeing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 24th. Cantor Fitzgerald cut shares of Boeing to a “neutral” rating in a research note on Tuesday, August 11th. William Blair reiterated an “outperform” rating on shares of Boeing in a report on Wednesday, September 30th. Argus upgraded Boeing from a “hold” rating to a “buy” rating and set a $265.00 price target for the company in a research note on Tuesday, August 11th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Boeing in a report on Wednesday, September 30th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $269.96.

Boeing Stock Performance

NYSE:BA opened at $190.47 on Friday. Boeing has a twelve month low of $176.77 and a twelve month high of $254.35. The company has a quick ratio of 0.33, a current ratio of 1.14 and a debt-to-equity ratio of 6.77. The stock’s 50-day simple moving average is $209.70 and its 200 day simple moving average is $215.86. The firm has a market capitalization of $150.54 billion, a PE ratio of 82.45 and a beta of 1.26.

Boeing (NYSE:BA) last issued its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.42). Boeing had a negative return on equity of 346.82% and a net margin of 2.41%. The business had revenue of $24.56 billion for the quarter, compared to analyst estimates of $24.26 billion. During the same period in the previous year, the firm posted ($1.24) EPS. The firm’s revenue was up 8.0% compared to the same quarter last year. On average, analysts anticipate that Boeing will post -0.91 EPS for the current fiscal year.

Institutional Trading of Boeing

A number of institutional investors and hedge funds have recently bought and sold shares of BA. Jupiter Topco LLC bought a new stake in shares of Boeing in the 2nd quarter valued at about $911,878,000. Janus Henderson Group PLC raised its position in shares of Boeing by 43.1% during the fourth quarter. Janus Henderson Group PLC now owns 3,907,876 shares of the aircraft producer’s stock worth $840,204,000 after acquiring an additional 1,176,074 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Boeing in the second quarter worth approximately $747,763,000. Legal & General Group Plc acquired a new position in shares of Boeing in the second quarter worth approximately $710,816,000. Finally, Deutsche Bank AG bought a new stake in Boeing in the second quarter valued at approximately $539,456,000. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Aircraft lessor Avolon placed a firm order for 140 Boeing 737 MAX jets as part of a broader 250-aircraft transaction split with Airbus. The order reinforces demand for Boeing’s highest-volume commercial program. Boeing Lands Order for 140 737 MAX Jets
• Positive Sentiment: Boeing reported a total backlog of approximately $715 billion at the end of the second quarter, including $597 billion in commercial airplanes. The backlog provides long-term revenue visibility if the company can improve delivery rates and production execution. Boeing’s Strategic Push to Balance Rising Demand with Operational Bottlenecks
• Positive Sentiment: Southwest Airlines is reportedly leaning toward Boeing’s 787 Dreamliner for a potential long-haul international expansion, which could create a meaningful future widebody order. Southwest Airlines Weighs Boeing 787
• Positive Sentiment: Boeing’s defense business could benefit from rising demand for infrared search-and-track systems, while its approximately $14.7 billion PAC-3 seeker contract with Lockheed Martin adds longer-term defense visibility. Rising IRST Demand and Boeing’s Defense Outlook
• Positive Sentiment: Barclays included Boeing among its aerospace and defense stock picks tied to a “modern-day industrial revolution,” supporting the bullish long-term investment case. Boeing and More Buys for the Modern-Day Industrial Revolution
• Neutral Sentiment: TD Cowen lowered its Boeing price target from $250 to $240 but maintained a Buy rating, indicating reduced near-term confidence while still seeing substantial upside potential. TD Cowen Cuts Aerospace Targets
• Negative Sentiment: Investors remain concerned about Boeing’s approaching debt repayments, high leverage, production delays and weak returns on invested capital. The company’s large backlog will not translate into cash flow quickly unless deliveries accelerate. Boeing Faces a Debt Wall

About Boeing

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, spacecraft and related systems. Its commercial portfolio includes the 737, 787 Dreamliner and 777 families, as well as the 777X program. Boeing sells aircraft to airlines, cargo operators and leasing companies around the world.

Through its defense and space operations, Boeing provides products and services for the U.S. government, allied governments and other institutional customers.