The Boeing Company (NYSE:BA – Get Free Report)’s stock price fell 1.1% during mid-day trading on Tuesday . The stock traded as low as $206.92 and last traded at $209.9780. 3,960,540 shares were traded during mid-day trading, a decline of 47% from the average session volume of 7,466,238 shares. The stock had previously closed at $212.30.
Key Boeing News
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Boeing landed a multi-year U.S. defense contract to expand production of PAC‑3 missile seeker hardware, which should boost defense revenue and factory utilization over the next seven years. Boeing (BA) Enters PAC-3 Missile Defense System Deal With U.S. Department of War
- Positive Sentiment: Company backlog growth and new orders (including recent Vietnam orders) confirm demand strength for commercial jets — good for long‑term revenue visibility even if near‑term execution risks remain. Boeing’s Record Backlog and New Vietnam Orders Signal Demand Is Not the Problem
- Positive Sentiment: The U.S. Air Force has shown renewed interest in 747 platforms, which could create aftermarket, sustainment or niche contract opportunities for Boeing. Boeing Stock (NYSE:BA) Gains as the United States Air Force Takes Interest in 747s
- Positive Sentiment: Analysts remain broadly bullish — several outlets highlight Buy/Strong Buy ratings even after some price‑target trims, supporting investor confidence despite mixed headlines. Wall Street Bullish on The Boeing Company (BA) Despite Recent Price Target Cuts
- Neutral Sentiment: Industry/brand pieces (e.g., features on the 777’s long‑haul strengths) reinforce Boeing’s product reputation but are unlikely to move the stock by themselves. The Main Features That Made The Boeing 777 A Long-Haul Leader
- Neutral Sentiment: Market wrap pieces note short‑term outperformance on some sessions, but those intraday moves may reverse; treat as noise unless backed by fundamentals or guidance. Boeing (BA) Outperforms Broader Market: What You Need to Know
- Negative Sentiment: Strategic funding risk: analysts warn Boeing needs a new narrow‑body program to stay competitive, but financing and execution present material challenges that could pressure capital allocation and margins. Boeing’s Biggest Strategic Challenge Explained in 1 Chart
- Negative Sentiment: Persistent quality‑control and production issues remain a drag on deliveries, margins and investor sentiment — analysts flag these as the key reason stock weakness can persist despite rising orders. Boeing’s Record Backlog and New Vietnam Orders Signal Demand Is Not the Problem
Wall Street Analyst Weigh In
Several research firms recently issued reports on BA. Royal Bank Of Canada increased their price target on shares of Boeing from $265.00 to $275.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. The Goldman Sachs Group reissued a “buy” rating on shares of Boeing in a research report on Tuesday, December 9th. New Street Research set a $257.00 price target on shares of Boeing in a research report on Tuesday, December 9th. Vertical Research reissued a “buy” rating and issued a $281.00 price target on shares of Boeing in a research report on Tuesday, January 27th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Boeing in a research note on Wednesday, March 4th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $252.48.
Boeing Price Performance
The company has a debt-to-equity ratio of 8.37, a current ratio of 1.19 and a quick ratio of 0.40. The company’s 50 day moving average price is $222.43 and its 200 day moving average price is $216.42. The firm has a market capitalization of $164.91 billion, a P/E ratio of 104.47 and a beta of 1.13.
Boeing (NYSE:BA – Get Free Report) last released its quarterly earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, beating the consensus estimate of ($0.40) by $10.32. The company had revenue of $23.95 billion for the quarter, compared to the consensus estimate of $22.41 billion. During the same period last year, the company earned ($5.90) earnings per share. Boeing’s revenue for the quarter was up 57.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that The Boeing Company will post -2.58 EPS for the current fiscal year.
Insider Buying and Selling at Boeing
In other Boeing news, Director Mortimer J. Buckley acquired 2,230 shares of Boeing stock in a transaction on Tuesday, March 3rd. The shares were purchased at an average cost of $224.20 per share, with a total value of $499,966.00. Following the completion of the purchase, the director owned 4,430 shares in the company, valued at $993,206. The trade was a 101.36% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Howard E. Mckenzie sold 10,497 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $233.99, for a total transaction of $2,456,193.03. Following the completion of the transaction, the executive vice president directly owned 14,692 shares in the company, valued at approximately $3,437,781.08. The trade was a 41.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 21,012 shares of company stock valued at $4,980,687 in the last three months. Insiders own 0.10% of the company’s stock.
Hedge Funds Weigh In On Boeing
A number of hedge funds and other institutional investors have recently bought and sold shares of BA. Revolve Wealth Partners LLC bought a new position in shares of Boeing during the fourth quarter worth $201,000. Sivia Capital Partners LLC boosted its position in shares of Boeing by 16.5% during the second quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer’s stock worth $320,000 after purchasing an additional 217 shares in the last quarter. Brown Advisory Inc. boosted its position in shares of Boeing by 1.6% during the second quarter. Brown Advisory Inc. now owns 40,889 shares of the aircraft producer’s stock worth $8,567,000 after purchasing an additional 628 shares in the last quarter. Cresset Asset Management LLC boosted its position in shares of Boeing by 8.0% during the second quarter. Cresset Asset Management LLC now owns 17,868 shares of the aircraft producer’s stock worth $3,744,000 after purchasing an additional 1,320 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC boosted its position in shares of Boeing by 25.1% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 916 shares of the aircraft producer’s stock worth $192,000 after purchasing an additional 184 shares in the last quarter. 64.82% of the stock is owned by institutional investors.
Boeing Company Profile
Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.
Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.
See Also
Receive News & Ratings for Boeing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boeing and related companies with MarketBeat.com's FREE daily email newsletter.
