Bombardier Inc. (OTCMKTS:BDRBF – Get Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $228.00, but opened at $209.67. Bombardier shares last traded at $220.7350, with a volume of 2,227 shares changing hands.
Bombardier News Roundup
Here are the key news stories impacting Bombardier this week:
- Positive Sentiment: Republican Senator Jerry Moran pushed back against the proposed sales restriction, emphasizing Bombardier’s positive economic impact and employment contribution in Kansas. This suggests the company may retain support from U.S. lawmakers and local stakeholders. GOP senator pushes back as Trump threatens to block Bombardier jets in Canada trade fight
- Positive Sentiment: Bombardier said its U.S. operations create tens of thousands of jobs and contribute to America’s aerospace exports and trade surplus. The statement is intended to strengthen the company’s case against restrictions and highlight the potential costs to the U.S. economy. Bombardier Statement
- Neutral Sentiment: The proposed restriction remains a political threat rather than a confirmed policy. Reports indicate that implementation could face legal, trade, and industry opposition, leaving uncertainty over whether Bombardier would ultimately lose U.S. market access or need to expand manufacturing there. Bombardier stock in focus as Trump threatens US sales ban that may not hold up
- Negative Sentiment: Trump’s statements directly threaten Bombardier’s ability to sell aircraft in the United States unless it shifts production into the country. Investors are likely discounting potential order delays, higher capital expenditures, supply-chain disruption, and weaker access to a strategically important market amid the escalating U.S.-Canada trade dispute. Trump says Canada’s Bombardier cannot sell in US unless it builds there
Analyst Upgrades and Downgrades
Several research firms have weighed in on BDRBF. Scotiabank reiterated an “outperform” rating on shares of Bombardier in a report on Thursday, July 16th. TD Securities reissued a “hold” rating on shares of Bombardier in a research note on Friday, July 31st. National Bank Financial restated a “sector perform” rating on shares of Bombardier in a report on Tuesday, July 7th. BMO Capital Markets restated an “outperform” rating on shares of Bombardier in a report on Friday, July 31st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Bombardier in a research note on Friday, July 31st. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Bombardier presently has an average rating of “Hold” and a consensus price target of $263.00.
Bombardier Stock Down 6.5%
The company has a market cap of $21.02 billion and a PE ratio of 23.39. The firm’s 50-day moving average is $240.46 and its 200-day moving average is $213.34.
Bombardier (OTCMKTS:BDRBF – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $2.50 EPS for the quarter, topping the consensus estimate of $1.32 by $1.18. The business had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.12 billion. Bombardier had a net margin of 9.74% and a negative return on equity of 75.69%. As a group, equities research analysts anticipate that Bombardier Inc. will post 10.15 EPS for the current fiscal year.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Bombardier stock. Sageworth Trust Co purchased a new stake in shares of Bombardier Inc. (OTCMKTS:BDRBF – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,327 shares of the company’s stock, valued at approximately $234,000.
Bombardier Company Profile
Bombardier Inc is a Canadian multinational manufacturer specializing in business aircraft. Founded in 1942 by Joseph-Armand Bombardier and headquartered in Montréal, Québec, the company has evolved from its origins in snow vehicles to a focused aviation enterprise. Today, Bombardier designs, manufactures and markets a range of business jets under the Learjet, Challenger and Global series, serving corporate, government and private customers worldwide.
The company’s product portfolio includes light, mid-size and large-cabin jets, complemented by completion, refurbishment and aftermarket support services.
Featured Articles
- Five stocks we like better than Bombardier
- Safety Stocks Are Not What They Used to Be: 4 Names Built for a Weaker Dollar
- 3 AI Optical Networking Stocks Positioned for the Data Center Buildout
- 5 Defensive Stocks to Watch as CPI and the Fed Put the Rally to the Test
- Short Sellers Are Betting Against 3 AI Infrastructure Stocks—What Could Turn the Tide?
Receive News & Ratings for Bombardier Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bombardier and related companies with MarketBeat.com's FREE daily email newsletter.
