Zacks Research Brokers Reduce Earnings Estimates for Boeing

The Boeing Company (NYSE:BA) – Analysts at Zacks Research dropped their Q1 2027 earnings per share estimates for Boeing in a research note issued to investors on Monday, July 14th. Zacks Research analyst R. Department now forecasts that the aircraft producer will post earnings per share of $1.36 for the quarter, down from their prior estimate of $1.61. The consensus estimate for Boeing’s current full-year earnings is ($2.58) per share.

Boeing (NYSE:BA) last released its earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.39) by $0.90. The business had revenue of $19.50 billion for the quarter, compared to analyst estimates of $19.57 billion. The business’s revenue for the quarter was up 17.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($1.13) EPS.

BA has been the topic of several other reports. Susquehanna reissued a “positive” rating on shares of Boeing in a research report on Monday. Rothschild & Co Redburn raised Boeing from a “neutral” rating to a “buy” rating and set a $275.00 target price on the stock in a research report on Friday, June 27th. Morgan Stanley raised their price target on shares of Boeing from $200.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Thursday. Melius Research set a $204.00 target price on shares of Boeing in a research note on Monday, March 24th. Finally, Cowen reissued a “buy” rating on shares of Boeing in a report on Wednesday, May 7th. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $221.55.

Boeing Trading Up 0.5%

NYSE:BA opened at $231.00 on Wednesday. Boeing has a 52 week low of $128.88 and a 52 week high of $233.61. The firm has a market capitalization of $174.17 billion, a PE ratio of -12.89 and a beta of 1.41. The stock has a 50 day moving average of $209.57 and a 200-day moving average of $184.37.

Institutional Investors Weigh In On Boeing

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. KKM Financial LLC lifted its position in Boeing by 50.8% during the 4th quarter. KKM Financial LLC now owns 15,368 shares of the aircraft producer’s stock worth $2,720,000 after acquiring an additional 5,175 shares in the last quarter. Wynn Capital LLC bought a new position in shares of Boeing in the first quarter worth $584,000. Grant Private Wealth Management Inc bought a new position in shares of Boeing in the fourth quarter worth $903,000. Advanced Portfolio Management LLC grew its stake in shares of Boeing by 182.2% in the fourth quarter. Advanced Portfolio Management LLC now owns 15,000 shares of the aircraft producer’s stock worth $2,655,000 after purchasing an additional 9,684 shares in the last quarter. Finally, Zimmer Partners LP acquired a new stake in shares of Boeing in the fourth quarter valued at $393,736,000. Institutional investors and hedge funds own 64.82% of the company’s stock.

Insiders Place Their Bets

In related news, EVP David Christopher Raymond sold 3,899 shares of the company’s stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $187.01, for a total transaction of $729,151.99. Following the sale, the executive vice president owned 42,513 shares of the company’s stock, valued at $7,950,356.13. This represents a 8.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Brendan J. Nelson sold 640 shares of the company’s stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $206.28, for a total transaction of $132,019.20. Following the completion of the transaction, the senior vice president owned 13,258 shares in the company, valued at approximately $2,734,860.24. The trade was a 4.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 7,744 shares of company stock worth $1,511,370 over the last three months. 0.09% of the stock is currently owned by company insiders.

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.