The Boeing Company (NYSE:BA – Get Free Report) Director Bradley Tilden bought 1,370 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average price of $218.50 per share, for a total transaction of $299,345.00. Following the purchase, the director owned 1,370 shares in the company, valued at $299,345. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Boeing Price Performance
BA stock traded down $0.43 during trading on Friday, reaching $219.18. The company’s stock had a trading volume of 4,612,601 shares, compared to its average volume of 7,206,725. The Boeing Company has a 1 year low of $176.77 and a 1 year high of $254.35. The company has a quick ratio of 0.35, a current ratio of 1.18 and a debt-to-equity ratio of 7.42. The company has a market capitalization of $172.78 billion, a P/E ratio of 106.40 and a beta of 1.21. The company’s fifty day moving average is $217.24 and its 200-day moving average is $218.62.
Boeing (NYSE:BA – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.68) by $0.48. The business had revenue of $22.22 billion during the quarter, compared to analysts’ expectations of $22.15 billion. During the same quarter in the previous year, the firm earned ($0.49) earnings per share. Boeing’s revenue was up 14.0% on a year-over-year basis. On average, research analysts expect that The Boeing Company will post -0.15 earnings per share for the current fiscal year.
More Boeing News
- Positive Sentiment: China confirmed a 200-aircraft purchase from Boeing as part of broader U.S.-China trade talks, reopening a major market that had been effectively frozen for a prolonged period and improving Boeing’s long-term demand outlook. Beijing Confirms Boeing Aircraft Order Following Trump’s China Visit—Xi Jinping Seeks To End $30 Billion In Reciprocal Tariffs With US
- Positive Sentiment: Citi called the recent selloff in Boeing stock a buying opportunity and raised its price target to $260, suggesting Wall Street still sees upside despite recent volatility. Citi calls Boeing selloff a ‘gift’ and lifts BA target to $260
- Positive Sentiment: Boeing’s backlog and delivery pipeline continue to support the recovery story, with analysts pointing to strong revenue visibility from a record backlog and improving operations. Is Boeing’s Growing Backlog Strengthening Its Recovery Prospects?
- Neutral Sentiment: Boeing partnered with Gilat Satellite Networks to make in-flight broadband antennas a factory-installed option on commercial aircraft, a product enhancement that could help airline sales but is not a major immediate earnings driver. Boeing Bets On Gilat Antennas As Connectivity Becomes Core For Investors
- Neutral Sentiment: Boeing’s partner Intellisense Systems won a potential $400 million U.S. Air Force C-17 cockpit modernization deal, which supports Boeing’s defense ecosystem but is a partner announcement rather than a direct Boeing contract. Intellisense Systems Selected by Boeing for $400M+ C-17 Flight Deck Replacement Program
- Negative Sentiment: Investors appear disappointed that the China order was 200 jets rather than the much larger deal some had expected, creating a “buy the rumor, sell the news” reaction in the shares. Fresh China deal gives hope for whipsawed Boeing shares
- Negative Sentiment: Reuters-style coverage indicates the 777X certification process is more complicated than expected, with “hot brakes” becoming a bigger issue, adding to concerns about further delays for Boeing’s key widebody program. Hot Brakes a Bigger Part of 777X Certification Than Expected, Boeing Stock (NYSE:BA) Slips
- Negative Sentiment: Fresh coverage of Boeing’s post-earnings performance suggests the stock has lagged since the last report, reflecting skepticism about how quickly the company can translate improving operations into stronger profits. Why Is Boeing (BA) Down 6.2% Since Last Earnings Report?
Analyst Ratings Changes
A number of equities research analysts have issued reports on BA shares. Royal Bank Of Canada increased their price objective on shares of Boeing from $265.00 to $275.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Argus raised shares of Boeing to a “hold” rating in a report on Monday, February 2nd. Jefferies Financial Group restated a “buy” rating on shares of Boeing in a research report on Wednesday, March 4th. Wells Fargo & Company began coverage on shares of Boeing in a research note on Wednesday, April 1st. They set an “overweight” rating and a $250.00 target price for the company. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Boeing in a research note on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Boeing has a consensus rating of “Moderate Buy” and an average price target of $259.80.
Get Our Latest Report on Boeing
Institutional Investors Weigh In On Boeing
Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in shares of Boeing by 5.1% in the 4th quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer’s stock valued at $15,413,227,000 after purchasing an additional 3,460,021 shares during the last quarter. Newport Trust Company LLC increased its position in shares of Boeing by 1.0% during the 4th quarter. Newport Trust Company LLC now owns 29,485,294 shares of the aircraft producer’s stock valued at $6,401,847,000 after purchasing an additional 286,848 shares during the last quarter. Geode Capital Management LLC raised its holdings in Boeing by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 17,025,435 shares of the aircraft producer’s stock valued at $3,679,592,000 after buying an additional 533,753 shares during the period. Fisher Asset Management LLC raised its holdings in Boeing by 2.5% during the 4th quarter. Fisher Asset Management LLC now owns 5,640,900 shares of the aircraft producer’s stock valued at $1,224,752,000 after buying an additional 135,860 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in Boeing by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,370,415 shares of the aircraft producer’s stock worth $948,905,000 after buying an additional 138,469 shares during the last quarter. 64.82% of the stock is owned by institutional investors.
Boeing Company Profile
Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.
Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.
Further Reading
- Five stocks we like better than Boeing
- SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?
- CAVA Group’s Stock Looks Delicious After Strong Earnings
- Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
- Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
Receive News & Ratings for Boeing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boeing and related companies with MarketBeat.com's FREE daily email newsletter.
