Boeing (BA) Getting Somewhat Favorable News Coverage, Study Finds

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Media stories about Boeing (NYSE:BA) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Boeing earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the aircraft producer an impact score of 45.394457959875 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

NYSE:BA opened at $351.27 on Friday. Boeing has a twelve month low of $234.29 and a twelve month high of $374.48. The stock has a market capitalization of $196.94 billion, a price-to-earnings ratio of 29.18, a price-to-earnings-growth ratio of 1.70 and a beta of 1.44. The company has a debt-to-equity ratio of -7.65, a quick ratio of 0.32 and a current ratio of 1.11.

Boeing (NYSE:BA) last released its quarterly earnings results on Wednesday, July 25th. The aircraft producer reported $3.33 earnings per share for the quarter, missing the consensus estimate of $3.45 by ($0.12). Boeing had a net margin of 9.92% and a return on equity of 2,344.87%. The business had revenue of $24.26 billion during the quarter, compared to analysts’ expectations of $24.02 billion. During the same period in the previous year, the business earned $2.55 EPS. The business’s revenue was up 5.2% on a year-over-year basis. research analysts expect that Boeing will post 14.63 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 7th. Shareholders of record on Friday, August 10th will be issued a $1.71 dividend. The ex-dividend date is Thursday, August 9th. This represents a $6.84 annualized dividend and a dividend yield of 1.95%. Boeing’s payout ratio is currently 56.81%.

BA has been the subject of several research reports. UBS Group initiated coverage on Boeing in a research note on Wednesday, August 15th. They set a “buy” rating and a $515.00 price target for the company. Robert W. Baird reiterated a “buy” rating and set a $450.00 price target on shares of Boeing in a research note on Monday, August 13th. Jefferies Financial Group reiterated a “buy” rating and set a $410.00 price target on shares of Boeing in a research note on Sunday, July 29th. Credit Suisse Group reissued a “buy” rating and set a $455.00 price objective on shares of Boeing in a report on Thursday, July 26th. Finally, JPMorgan Chase & Co. reissued a “buy” rating and set a $400.00 price objective on shares of Boeing in a report on Thursday, July 26th. Seven equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. Boeing has a consensus rating of “Buy” and a consensus target price of $396.41.

Boeing Company Profile

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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