Boeing (BA) Expected to Announce Earnings on Tuesday

Boeing (NYSE:BA) is anticipated to release its earnings data before the market opens on Tuesday, January 28th. Analysts expect Boeing to post earnings of ($1.60) per share and revenue of $16,870,336.00 billion for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Boeing Trading Down 1.4 %

Shares of NYSE:BA opened at $175.95 on Monday. Boeing has a twelve month low of $137.03 and a twelve month high of $214.63. The company has a market cap of $108.77 billion, a PE ratio of -13.64 and a beta of 1.52. The company’s 50 day moving average is $166.42 and its 200 day moving average is $164.42.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BA. Robert W. Baird dropped their target price on Boeing from $240.00 to $200.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $200.00 price objective on shares of Boeing in a research note on Wednesday, October 30th. Susquehanna decreased their target price on shares of Boeing from $210.00 to $200.00 and set a “positive” rating for the company in a research note on Thursday, October 24th. Wells Fargo & Company dropped their price target on shares of Boeing from $86.00 to $85.00 and set an “underweight” rating on the stock in a research report on Monday, November 4th. Finally, Northcoast Research upgraded shares of Boeing from a “sell” rating to a “neutral” rating in a research report on Thursday, December 12th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $192.11.

Boeing Company Profile

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.