The Boeing Company (NYSE:BA) Receives Average Recommendation of “Moderate Buy” from Analysts

The Boeing Company (NYSE:BA) has been given a consensus recommendation of “Moderate Buy” by the twenty analysts that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $272.4444.

BA has been the topic of a number of recent analyst reports. UBS Group reaffirmed a “buy” rating on shares of Boeing in a report on Wednesday, July 29th. BNP Paribas Exane upgraded shares of Boeing from an “underperform” rating to an “outperform” rating and boosted their target price for the stock from $230.00 to $300.00 in a research report on Monday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Boeing in a research note on Tuesday, July 21st. JPMorgan Chase & Co. increased their price target on shares of Boeing from $270.00 to $290.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Boeing in a research note on Tuesday.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: FAA certification of the 737 MAX 7 removes a major regulatory hurdle for Boeing’s smallest MAX variant after years of delays. Certification could allow deliveries to begin before passenger service is expected in 2027, creating a future source of revenue and cash flow. Boeing’s 737 MAX 7 was supposed to be flying in 2019. The FAA certified it Monday.
• Positive Sentiment: Strong aircraft demand is benefiting suppliers. Airlines are relying on aging fleets amid constrained aircraft availability, supporting the outlook for manufacturers such as Boeing if it can increase narrowbody and widebody production and deliveries. Boeing’s popular aircraft are reportedly attracting orders even before production is completed. As airlines struggle, their suppliers are flying high
• Positive Sentiment: Defense capabilities received a technology boost. Boeing and Northrop Grumman tested an AI-enabled communications link between the MQ-4C Triton unmanned aircraft and Boeing’s P-8A Poseidon, potentially strengthening Boeing’s position in networked surveillance and maritime-defense programs. Northrop, Boeing test AI-enabled link of unmanned Triton drone, P-8 Poseidon
• Neutral Sentiment: United Launch Alliance, Boeing’s joint venture with Lockheed Martin, reportedly plans a roughly $500 million private bond sale to refinance existing debt. The transaction could improve near-term liquidity, but also highlights leverage and does not directly add revenue to Boeing. Boeing-Lockheed Martin’s ULA said to plan $500m private bond sale
• Neutral Sentiment: Boeing donated $250,000 for wildfire recovery in Eastern Washington. The contribution may support community relations but is unlikely to materially affect earnings or valuation. Boeing Donates $250,000 to Support Wildfire Recovery in Greater Spokane Area
• Negative Sentiment: Boeing’s recent earnings miss was attributed in part to a roughly $280 million charge tied to fixed-price defense work. That reinforces concerns about cost overruns, although investors appear to be focusing more on commercial demand and MAX progress. The $280 Million Reason Boeing Missed—and Why Wall Street Shrugged It Off

Insider Transactions at Boeing

In other news, Director Bradley D. Tilden purchased 1,370 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average price of $218.50 per share, with a total value of $299,345.00. Following the purchase, the director directly owned 1,370 shares of the company’s stock, valued at $299,345. The trade was a ? increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Boeing

Hedge funds and other institutional investors have recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new stake in Boeing in the fourth quarter valued at $201,000. Sivia Capital Partners LLC raised its stake in shares of Boeing by 16.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer’s stock worth $320,000 after buying an additional 217 shares during the last quarter. AXA S.A. boosted its position in shares of Boeing by 1,225.7% in the 2nd quarter. AXA S.A. now owns 34,655 shares of the aircraft producer’s stock worth $7,261,000 after buying an additional 32,041 shares in the last quarter. Ieq Capital LLC boosted its position in shares of Boeing by 243.8% in the 2nd quarter. Ieq Capital LLC now owns 33,485 shares of the aircraft producer’s stock worth $7,016,000 after buying an additional 23,746 shares in the last quarter. Finally, Alliancebernstein L.P. grew its stake in Boeing by 4.2% in the 2nd quarter. Alliancebernstein L.P. now owns 1,334,451 shares of the aircraft producer’s stock valued at $279,608,000 after acquiring an additional 53,736 shares during the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.

Boeing Price Performance

Shares of NYSE:BA opened at $240.18 on Thursday. Boeing has a 52 week low of $176.77 and a 52 week high of $254.35. The company has a 50-day moving average price of $220.10 and a 200 day moving average price of $223.64. The company has a market cap of $189.83 billion, a P/E ratio of 103.97 and a beta of 1.21. The company has a quick ratio of 0.33, a current ratio of 1.14 and a debt-to-equity ratio of 6.77.

Boeing (NYSE:BA) last released its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by ($0.42). The business had revenue of $24.56 billion for the quarter, compared to analyst estimates of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($1.24) EPS. Research analysts predict that Boeing will post -0.88 earnings per share for the current year.

Boeing Company Profile

Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.