The Boeing Company (NYSE:BA) registered a -0.84% decrease, still its new closing price is 68.24% up from the company’s 1 year high of 170.00.It posted 5.12% gains in previous 5 sessions and is now the subject of 10 analysts who together assign a hold rating on stock. 3 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 26 stock analysts following this company have an average price target at $169.60, with individual PT in the $100.00-$208.00 range. The shares moved at $167.70, implying that brokerage firms see shares gaining about 46.91% in twelve months time.
The Boeing Company (BA) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 7.72% rise year to date. A Vice Chair; Pres. & CEO, BCA at The Boeing Company (BA) offloaded shares in a transaction closed on Friday November 04, 2016. Conner Raymond L. sold 14,031 shares in the company at $139.61 each and collected $1,958,001 in proceeds. Conner Raymond L. now owns 131,990 shares in the company after this transaction. A Chairman, President & CEO in the company, Muilenburg Dennis A, disclosed a transaction on Tuesday November 01, 2016 that ended up generating $7,246,001 from the sale of 51,024 shares at $142.03 per share.
The Boeing Company (NYSE:BA) Upcoming Results on Tap
The Boeing Company will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $2.04 in that period. Sales during the quarter are predicted to arrive at $21.87 billion.
Earnings surprise history: Last quarter, the company posted approximately $23.29 billion in revenue and EPS of $2.47. The mean forecast was for $23.19 billion and $2.35 a share, respectively. One quarter earlier, revenue for the stock was at $23.9 billion, with earnings at $3.51/share.
The Boeing Company (BA) Brokerage Update
The Boeing Company (BA) is in Standpoint Research’s research list so their analyst rating change is noteworthy. These shares were downgraded to Sell from Buy by Standpoint Research, according to news reported on Wednesday October 26, 2016.Another important research note was issued by BofA/Merrill on Wednesday April 20, 2016.The firm downgraded BA to Underperform from Neutral. Over the last six months and over the last three months, the shares of The Boeing Company (BA), have changed 28.10% and 16.11%, respectively.