Boeing (BA) Projected to Post Earnings on Tuesday

Boeing (NYSE:BA) is expected to be releasing its earnings data before the market opens on Tuesday, January 28th. Analysts expect Boeing to post earnings of ($1.60) per share and revenue of $16,870,336.00 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Boeing Stock Down 1.4 %

BA opened at $175.95 on Monday. The firm has a market cap of $108.77 billion, a P/E ratio of -13.64 and a beta of 1.52. Boeing has a 52 week low of $137.03 and a 52 week high of $214.63. The business has a fifty day simple moving average of $166.42 and a 200-day simple moving average of $164.42.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on BA shares. Benchmark reaffirmed a “buy” rating and issued a $250.00 target price on shares of Boeing in a research report on Thursday, October 24th. TD Cowen cut their target price on shares of Boeing from $200.00 to $190.00 and set a “buy” rating on the stock in a research note on Monday, October 14th. Susquehanna reduced their target price on shares of Boeing from $210.00 to $200.00 and set a “positive” rating on the stock in a report on Thursday, October 24th. Citigroup dropped their price target on shares of Boeing from $209.00 to $207.00 and set a “buy” rating for the company in a research note on Friday. Finally, JPMorgan Chase & Co. reduced their price objective on Boeing from $195.00 to $190.00 and set an “overweight” rating on the stock in a research note on Monday, November 25th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $192.11.

Boeing Company Profile

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.