Bombardier Inc. (OTCMKTS:BDRBF – Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $228.00, but opened at $209.67. Bombardier shares last traded at $220.7350, with a volume of 2,227 shares.
Key Headlines Impacting Bombardier
Here are the key news stories impacting Bombardier this week:
- Positive Sentiment: Republican Senator Jerry Moran pushed back against the proposed sales restriction, emphasizing Bombardier’s positive economic impact and employment contribution in Kansas. This suggests the company may retain support from U.S. lawmakers and local stakeholders. GOP senator pushes back as Trump threatens to block Bombardier jets in Canada trade fight
- Positive Sentiment: Bombardier said its U.S. operations create tens of thousands of jobs and contribute to America’s aerospace exports and trade surplus. The statement is intended to strengthen the company’s case against restrictions and highlight the potential costs to the U.S. economy. Bombardier Statement
- Neutral Sentiment: The proposed restriction remains a political threat rather than a confirmed policy. Reports indicate that implementation could face legal, trade, and industry opposition, leaving uncertainty over whether Bombardier would ultimately lose U.S. market access or need to expand manufacturing there. Bombardier stock in focus as Trump threatens US sales ban that may not hold up
- Negative Sentiment: Trump’s statements directly threaten Bombardier’s ability to sell aircraft in the United States unless it shifts production into the country. Investors are likely discounting potential order delays, higher capital expenditures, supply-chain disruption, and weaker access to a strategically important market amid the escalating U.S.-Canada trade dispute. Trump says Canada’s Bombardier cannot sell in US unless it builds there
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on BDRBF shares. National Bank Financial restated a “sector perform” rating on shares of Bombardier in a report on Tuesday, July 7th. BMO Capital Markets reiterated an “outperform” rating on shares of Bombardier in a research note on Friday, July 31st. TD Securities reissued a “hold” rating on shares of Bombardier in a research report on Friday, July 31st. Royal Bank Of Canada reissued an “outperform” rating on shares of Bombardier in a research note on Friday, July 31st. Finally, Scotiabank restated an “outperform” rating on shares of Bombardier in a report on Thursday, July 16th. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $263.00.
Bombardier Stock Performance
The company has a market cap of $21.02 billion and a P/E ratio of 23.39. The stock has a 50-day moving average of $240.46 and a two-hundred day moving average of $213.34.
Bombardier (OTCMKTS:BDRBF – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $1.18. Bombardier had a negative return on equity of 75.69% and a net margin of 9.74%.The business had revenue of $2.15 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Research analysts predict that Bombardier Inc. will post 10.15 EPS for the current year.
Hedge Funds Weigh In On Bombardier
A hedge fund recently bought a new stake in Bombardier stock. Sageworth Trust Co purchased a new position in Bombardier Inc. (OTCMKTS:BDRBF – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,327 shares of the company’s stock, valued at approximately $234,000.
About Bombardier
Bombardier Inc is a Canadian multinational manufacturer specializing in business aircraft. Founded in 1942 by Joseph-Armand Bombardier and headquartered in Montréal, Québec, the company has evolved from its origins in snow vehicles to a focused aviation enterprise. Today, Bombardier designs, manufactures and markets a range of business jets under the Learjet, Challenger and Global series, serving corporate, government and private customers worldwide.
The company’s product portfolio includes light, mid-size and large-cabin jets, complemented by completion, refurbishment and aftermarket support services.
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