News stories about Boeing (NYSE:BA) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Boeing earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave press coverage about the aircraft producer an impact score of 44.2710956413899 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- NASA Safety Watchdogs Raise Concerns About SpaceX, Boeing Spacecraft – Wall Street Journal (wsj.com)
- [$$] Barclays Embraces Amazon, But Not Aggressively (finance.yahoo.com)
- NASA safety watchdogs raise concern about SpaceX, Boeing spacecraft (marketwatch.com)
- SpaceX Delays First Test Flights Of NASA's 'Space Taxi' (finance.yahoo.com)
- Cubs partner with Boeing for military recognitions at Wrigley Field (finance.yahoo.com)
Shares of Boeing (NYSE:BA) opened at $336.21 on Friday. The stock has a market cap of $200,240.00, a P/E ratio of 30.93, a PEG ratio of 2.16 and a beta of 1.23. The company has a current ratio of 1.18, a quick ratio of 0.39 and a debt-to-equity ratio of 8.54. Boeing has a 1 year low of $156.67 and a 1 year high of $336.88.
Boeing (NYSE:BA) last released its quarterly earnings data on Wednesday, October 25th. The aircraft producer reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.65 by $0.07. Boeing had a net margin of 7.33% and a return on equity of 12,064.25%. The firm had revenue of $24.31 billion for the quarter, compared to analysts’ expectations of $24.09 billion. During the same quarter last year, the business posted $3.51 earnings per share. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. sell-side analysts expect that Boeing will post 10.14 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Investors of record on Friday, February 9th will be issued a $1.71 dividend. The ex-dividend date of this dividend is Thursday, February 8th. This is a positive change from Boeing’s previous quarterly dividend of $1.42. This represents a $6.84 dividend on an annualized basis and a dividend yield of 2.03%. Boeing’s dividend payout ratio (DPR) is 52.25%.
Boeing declared that its board has authorized a share repurchase plan on Monday, December 11th that allows the company to repurchase $18.00 billion in shares. This repurchase authorization allows the aircraft producer to purchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.
Several research analysts have commented on the stock. Credit Suisse Group restated an “outperform” rating and issued a $375.00 price objective (up from $310.00) on shares of Boeing in a report on Friday. They noted that the move was a valuation call. Vetr lowered shares of Boeing from a “sell” rating to a “strong sell” rating and set a $279.35 price target for the company. in a research note on Wednesday. JPMorgan Chase & Co. increased their price target on shares of Boeing from $325.00 to $360.00 and gave the stock an “overweight” rating in a research note on Wednesday. Jefferies Group reissued a “buy” rating and set a $339.00 price objective on shares of Boeing in a research report on Monday, January 8th. Finally, Zacks Investment Research downgraded shares of Boeing from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $280.74.
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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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