Boeing Company (The) (NYSE:BA) had its price objective upped by Jefferies Group LLC from $300.00 to $312.00 in a research note released on Tuesday. The firm currently has a buy rating on the aircraft producer’s stock.

BA has been the topic of several other research reports. Vetr cut Boeing Company (The) from a hold rating to a sell rating and set a $223.75 price objective on the stock. in a research report on Wednesday, July 26th. Zacks Investment Research cut Boeing Company (The) from a buy rating to a hold rating in a research report on Tuesday, September 26th. Cowen and Company reiterated a buy rating and set a $315.00 price objective on shares of Boeing Company (The) in a research report on Thursday, October 26th. ValuEngine upgraded Boeing Company (The) from a hold rating to a buy rating in a research report on Friday, September 1st. Finally, Credit Suisse Group upgraded Boeing Company (The) from a neutral rating to an outperform rating and increased their price objective for the stock from $200.00 to $300.00 in a research report on Thursday, July 27th. Eleven investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of $257.94.

Shares of Boeing Company (NYSE BA) opened at $266.99 on Tuesday. Boeing Company has a 12 month low of $147.88 and a 12 month high of $267.62. The company has a quick ratio of 0.39, a current ratio of 1.18 and a debt-to-equity ratio of 8.54. The firm has a market capitalization of $159,010.00, a price-to-earnings ratio of 27.14, a P/E/G ratio of 2.01 and a beta of 1.22.

Boeing Company (The) (NYSE:BA) last posted its quarterly earnings data on Wednesday, October 25th. The aircraft producer reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.65 by $0.07. The firm had revenue of $24.31 billion for the quarter, compared to analysts’ expectations of $24.09 billion. Boeing Company (The) had a return on equity of 12,064.25% and a net margin of 7.33%. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the business earned $3.51 EPS. equities analysts expect that Boeing Company will post 10.1 earnings per share for the current year.

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The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 10th will be issued a dividend of $1.42 per share. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $5.68 annualized dividend and a dividend yield of 2.13%. Boeing Company (The)’s dividend payout ratio is 52.25%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Boeing Company (The) by 1.0% during the second quarter. Vanguard Group Inc. now owns 40,412,706 shares of the aircraft producer’s stock valued at $7,991,613,000 after acquiring an additional 407,511 shares in the last quarter. State Street Corp increased its holdings in shares of Boeing Company (The) by 0.3% during the first quarter. State Street Corp now owns 28,433,353 shares of the aircraft producer’s stock valued at $5,028,731,000 after acquiring an additional 87,850 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Boeing Company (The) by 20.3% during the third quarter. Jennison Associates LLC now owns 6,873,128 shares of the aircraft producer’s stock valued at $1,747,218,000 after acquiring an additional 1,160,859 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Boeing Company (The) by 7,215.0% during the second quarter. Janus Henderson Group PLC now owns 4,919,937 shares of the aircraft producer’s stock valued at $972,919,000 after acquiring an additional 4,852,679 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Boeing Company (The) by 13.3% during the third quarter. Ameriprise Financial Inc. now owns 3,424,281 shares of the aircraft producer’s stock valued at $870,618,000 after acquiring an additional 402,240 shares in the last quarter. Hedge funds and other institutional investors own 72.04% of the company’s stock.

Boeing Company (The) Company Profile

The Boeing Company is an aerospace company. The Company’s segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry.

Analyst Recommendations for Boeing Company (The) (NYSE:BA)

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