Press coverage about Boeing (NYSE:BA) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Boeing earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news stories about the aircraft producer an impact score of 45.4996805742403 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
Several research analysts recently weighed in on the company. Sanford C. Bernstein increased their target price on Boeing from $402.00 to $422.00 in a research report on Friday, February 2nd. Bank of America reaffirmed a “buy” rating and issued a $470.00 target price (up from $395.00) on shares of Boeing in a research report on Thursday, February 1st. Citigroup reaffirmed a “buy” rating and issued a $415.00 target price on shares of Boeing in a research report on Thursday, February 1st. Cowen reaffirmed a “buy” rating and issued a $415.00 target price on shares of Boeing in a research report on Wednesday, January 31st. Finally, Berenberg Bank set a $395.00 target price on Boeing and gave the stock a “buy” rating in a research report on Monday, January 29th. Seven investment analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $374.63.
Boeing traded up $4.19, hitting $359.21, during mid-day trading on Wednesday, MarketBeat.com reports. The company had a trading volume of 4,496,385 shares, compared to its average volume of 5,578,688. The company has a debt-to-equity ratio of 8.07, a current ratio of 1.15 and a quick ratio of 0.33. Boeing has a 1 year low of $183.46 and a 1 year high of $371.60. The firm has a market capitalization of $212.01 billion, a PE ratio of 29.83, a price-to-earnings-growth ratio of 1.81 and a beta of 1.39.
Boeing (NYSE:BA) last released its quarterly earnings data on Wednesday, April 25th. The aircraft producer reported $3.64 EPS for the quarter, beating the consensus estimate of $2.59 by $1.05. Boeing had a return on equity of 3,774.27% and a net margin of 9.63%. The company had revenue of $23.38 billion for the quarter, compared to analyst estimates of $22.22 billion. During the same period last year, the company posted $2.01 earnings per share. The firm’s revenue was up 6.5% compared to the same quarter last year. equities analysts anticipate that Boeing will post 14.64 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Friday, May 11th will be given a dividend of $1.71 per share. This represents a $6.84 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date is Thursday, May 10th. Boeing’s payout ratio is 56.81%.
In other news, SVP Heidi B. Capozzi sold 1,132 shares of Boeing stock in a transaction dated Thursday, May 3rd. The stock was sold at an average price of $329.84, for a total transaction of $373,378.88. Following the sale, the senior vice president now directly owns 24,416 shares of the company’s stock, valued at $8,053,373.44. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP J Michael Luttig sold 9,000 shares of Boeing stock in a transaction dated Wednesday, May 9th. The stock was sold at an average price of $344.13, for a total value of $3,097,170.00. Following the sale, the executive vice president now directly owns 27,878 shares in the company, valued at $9,593,656.14. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,373 shares of company stock worth $4,233,094. Corporate insiders own 0.24% of the company’s stock.
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital.
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