Boeing Company (The) (NYSE:BA) had its price target hoisted by Jefferies Group LLC to $275.00 in a research report released on Thursday morning. They currently have a buy rating on the aircraft producer’s stock. Jefferies Group also issued estimates for Boeing Company (The)’s Q4 2017 earnings at $2.87 EPS.

Other research analysts have also recently issued reports about the stock. Royal Bank Of Canada raised their target price on shares of Boeing Company (The) from $138.00 to $146.00 and gave the stock an underperform rating in a report on Thursday, April 27th. Canaccord Genuity raised their target price on shares of Boeing Company (The) from $162.00 to $170.00 and gave the stock a hold rating in a report on Tuesday, April 18th. Vetr cut shares of Boeing Company (The) from a hold rating to a sell rating and set a $223.75 target price on the stock. in a report on Wednesday, July 26th. Zacks Investment Research raised shares of Boeing Company (The) from a hold rating to a buy rating and set a $236.00 target price on the stock in a report on Friday, July 21st. Finally, Credit Suisse Group reaffirmed a hold rating on shares of Boeing Company (The) in a report on Wednesday, July 19th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and fifteen have issued a buy rating to the company’s stock. Boeing Company (The) presently has a consensus rating of Hold and an average target price of $217.89.

Shares of Boeing Company (NYSE BA) opened at 241.27 on Thursday. Boeing Company has a 12-month low of $126.31 and a 12-month high of $242.68. The firm has a market capitalization of $142.61 billion, a P/E ratio of 21.14 and a beta of 1.12. The firm’s 50-day moving average price is $204.97 and its 200-day moving average price is $183.62.

Boeing Company (The) (NYSE:BA) last announced its earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.32 by $0.23. Boeing Company (The) had a net margin of 7.84% and a return on equity of 2,185.10%. The company had revenue of $22.74 billion for the quarter, compared to analysts’ expectations of $22.97 billion. During the same period last year, the firm earned ($0.44) earnings per share. The business’s revenue for the quarter was down 8.1% on a year-over-year basis. Equities analysts predict that Boeing Company will post $9.80 earnings per share for the current fiscal year.

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The company also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 11th will be issued a $1.42 dividend. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $5.68 annualized dividend and a yield of 2.35%. Boeing Company (The)’s payout ratio is 49.74%.

In other Boeing Company (The) news, EVP J Michael Luttig sold 7,986 shares of Boeing Company (The) stock in a transaction on Tuesday, May 2nd. The shares were sold at an average price of $183.78, for a total value of $1,467,667.08. Following the completion of the sale, the executive vice president now directly owns 39,251 shares of the company’s stock, valued at $7,213,548.78. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Timothy John Keating sold 32,500 shares of Boeing Company (The) stock in a transaction on Friday, May 5th. The shares were sold at an average price of $184.51, for a total transaction of $5,996,575.00. Following the completion of the sale, the senior vice president now directly owns 107,437 shares of the company’s stock, valued at $19,823,200.87. The disclosure for this sale can be found here. In the last 90 days, insiders sold 63,403 shares of company stock worth $11,666,138. 0.28% of the stock is owned by company insiders.

Large investors have recently bought and sold shares of the stock. IFM Investors Pty Ltd bought a new stake in Boeing Company (The) during the fourth quarter valued at $1,206,000. LeJeune Puetz Investment Counsel LLC bought a new stake in Boeing Company (The) during the fourth quarter valued at $2,410,000. Independent Advisor Alliance bought a new stake in Boeing Company (The) during the fourth quarter valued at $2,640,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in Boeing Company (The) during the fourth quarter valued at $508,000. Finally, Lebenthal Asset Management LLC increased its stake in Boeing Company (The) by 2.8% in the fourth quarter. Lebenthal Asset Management LLC now owns 87,960 shares of the aircraft producer’s stock valued at $13,693,000 after buying an additional 2,410 shares during the period. 72.99% of the stock is owned by hedge funds and other institutional investors.

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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