Boeing (BA) Earns Daily News Sentiment Rating of -1.36

News stories about Boeing (NYSE:BA) have been trending somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Boeing earned a news sentiment score of -1.36 on their scale. InfoTrie also assigned news articles about the aircraft producer an news buzz score of 2 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company’s share price in the near future.

Here are some of the news stories that may have effected Boeing’s ranking:

Shares of BA stock opened at $374.02 on Wednesday. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 25.99. Boeing has a 1 year low of $292.47 and a 1 year high of $446.01. The firm has a market capitalization of $211.99 billion, a price-to-earnings ratio of 23.36, a price-to-earnings-growth ratio of 2.05 and a beta of 1.33.

Boeing (NYSE:BA) last issued its quarterly earnings results on Wednesday, January 30th. The aircraft producer reported $5.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.52 by $0.96. The firm had revenue of $28.34 billion for the quarter, compared to analyst estimates of $26.76 billion. Boeing had a net margin of 10.34% and a negative return on equity of 4,286.60%. The company’s revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the business earned $3.04 EPS. Research analysts expect that Boeing will post 16.63 EPS for the current year.

Several research firms recently commented on BA. Goldman Sachs Group reaffirmed a “neutral” rating and issued a $393.00 price objective on shares of Boeing in a research report on Monday, April 8th. Cowen reaffirmed a “buy” rating and issued a $460.00 price objective on shares of Boeing in a research report on Monday, April 8th. Zacks Investment Research cut shares of Boeing from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 10th. UBS Group cut their price objective on shares of Boeing to $500.00 and set a “positive” rating on the stock in a research report on Friday, April 5th. Finally, Wolfe Research set a $436.00 price objective on shares of Boeing and gave the company a “buy” rating in a research report on Monday, April 8th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and sixteen have given a buy rating to the company’s stock. Boeing presently has a consensus rating of “Hold” and an average target price of $411.47.

In other news, SVP Heidi B. Capozzi sold 2,916 shares of the business’s stock in a transaction dated Wednesday, February 13th. The shares were sold at an average price of $410.84, for a total transaction of $1,198,009.44. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Theodore Colbert III sold 2,137 shares of the business’s stock in a transaction dated Monday, February 11th. The stock was sold at an average price of $408.85, for a total transaction of $873,712.45. The disclosure for this sale can be found here. Insiders have sold a total of 72,247 shares of company stock worth $28,922,977 over the last 90 days. 0.23% of the stock is owned by company insiders.

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About Boeing

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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