FY2027 Earnings Forecast for Boeing Issued By Zacks Research

The Boeing Company (NYSE:BA - Free Report) - Stock analysts at Zacks Research issued their FY2027 EPS estimates for Boeing in a report released on Tuesday, February 18th. Zacks Research analyst R. Department expects that the aircraft producer will post earnings per share of $2.61 for the year. The consensus estimate for Boeing's current full-year earnings is ($2.32) per share.

A number of other analysts have also recently issued reports on BA. Barclays raised Boeing from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $190.00 to $210.00 in a report on Monday, January 6th. Susquehanna raised their price objective on shares of Boeing from $200.00 to $205.00 and gave the company a "positive" rating in a research report on Wednesday, January 29th. JPMorgan Chase & Co. boosted their price objective on shares of Boeing from $190.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, January 29th. Sanford C. Bernstein cut shares of Boeing from an "outperform" rating to a "market perform" rating and lowered their target price for the stock from $195.00 to $169.00 in a research note on Wednesday, October 30th. Finally, Robert W. Baird reduced their price target on shares of Boeing from $240.00 to $200.00 and set an "outperform" rating for the company in a research report on Thursday, October 24th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $195.16.

Boeing Price Performance

Shares of Boeing stock traded down $3.54 during trading hours on Thursday, reaching $177.34. The company had a trading volume of 8,971,331 shares, compared to its average volume of 7,792,261. The firm has a market cap of $133.01 billion, a PE ratio of -9.68 and a beta of 1.52. Boeing has a one year low of $137.03 and a one year high of $208.10. The business has a fifty day simple moving average of $176.58 and a 200 day simple moving average of $164.32.

Boeing (NYSE:BA - Get Free Report) last released its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same period in the prior year, the company earned ($0.47) EPS.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Sierra Ocean LLC bought a new position in shares of Boeing during the fourth quarter valued at approximately $26,000. Sugar Maple Asset Management LLC bought a new position in Boeing during the 4th quarter valued at approximately $27,000. RPg Family Wealth Advisory LLC purchased a new position in Boeing during the third quarter valued at $28,000. Fiduciary Advisors Inc. bought a new stake in Boeing in the fourth quarter worth $28,000. Finally, HighMark Wealth Management LLC grew its stake in shares of Boeing by 121.6% in the fourth quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer's stock worth $29,000 after acquiring an additional 90 shares during the last quarter. 64.82% of the stock is currently owned by institutional investors.

About Boeing

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.