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Analysts’ Ratings Review: Boeing Company (NYSE:BA)

Boeing Company (NYSE:BA) shares traded -0.47% down during most recent session to reach at the closing price of $182.39. The stock exchanged hands 3.36 Million shares versus average trading capacity of 3.11 Million shares, yielding a market cap of $110.91 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $188.05 within the next 52-weeks. The mean target projections are based on 21 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Boeing Company (NYSE:BA) high price target of $220 and with a conservative view have low price target of $134.

Berenberg “Initiates Coverage On” Boeing Company (NYSE:BA) in a research note issued to investors on 3/29/17 to Buy with price target of $202.

Additionally on 3/13/17 Morgan Stanley “Downgrades” Boeing Company (NYSE:BA) to Equal-Weight setting price target at $0 and on 2/13/17 Buckingham “Downgrades” the stock to Underperform at $0. Furthermore on 1/12/17 RBC Capital “Initiates Coverage On” the stock to Underperform at $136.

On the other hand the company has Relative Strength Index (RSI 14) of 54.39 along with Average True Range (ATR 14) of 2.26, Consequently Boeing Company (NYSE:BA)’s weekly and monthly volatility is 1.55%, 1.16% respectively. The company’s beta value is at 1.14.

In terms of Buy, Sell or Hold recommendations, Boeing Company (NYSE:BA) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Boeing Company (NYSE:BA)’s minimum EPS for the current quarter is at $2.15 and can go high up to $2.63. The consensus mean EPS for the current quarter is at $2.4 derived from a total of 18 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.44 earnings per share for the same quarter during last year.

Previously Boeing Company (NYSE:BA) reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.07. The company posted an earnings surprise of 3.6%.

While considering growth estimates of the company, it has next quarter growth estimates of -29.6% whereas during current quarter it has 645.5% estimations over growth, comparing to the estimations of 29.7% during current year and 9.2% for next year. Past 5 years growth of Boeing Company (NYSE:BA) observed at 13.12%, looking forward for the next 5 years it has a strong prediction of 16.04% over growth.

Boeing Company (NYSE:BA)’s revenue estimates for the current quarter are $23.27 Billion according to 18 number of analysts, for the current quarter the company has high revenue estimates of $24.24 Billion in contradiction of low revenue estimates of $22.63 Billion. For the current year the company’s revenue estimates are $91.95 Billion compared to low analyst estimates of $90.05 Billion and high estimates of $93.37 Billion according to 25 number of analysts.

Currently Boeing Company (NYSE:BA)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 77.3%. However the six-month change in the insider ownership was recorded -34.07%, as well as three-month change in the institutional ownership was recorded -0.38%.

Boeing Company (NYSE:BA) 52-week high price stands at $185.79 and low price stands at $118.49, its price distance from 52-week high is -1.83% while its distance from 52-week low price is 53.93%. The stock hit its 52-week high on 05/09/17, and 52-week low on 06/27/16.

Boeing Company (NYSE:BA)’s trailing twelve month revenues are $92.92 Billion, whereas its price to sales ratio for the same period is 1.19. Its book value per share for the most recent quarter is $0.15 while its price to book ratio for the same period is 1215.93, as for as the company’s cash per share for the most recent quarter is $15.19, however its price to cash per share ratio for the same period is 12. The stock has 5 year expected PEG ratio of 1.39 whereas its trailing twelve month P/E ratio is 22.34.

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