Critical Media Coverage Somewhat Likely to Impact Boeing (BA) Share Price

News headlines about Boeing (NYSE:BA) have been trending negative recently, InfoTrie reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Boeing earned a coverage optimism score of -2.11 on their scale. InfoTrie also gave news stories about the aircraft producer an news buzz score of 5 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock’s share price in the next several days.

Here are some of the media headlines that may have effected Boeing’s ranking:

A number of research firms have recently weighed in on BA. Goldman Sachs Group reissued a “neutral” rating and set a $393.00 target price on shares of Boeing in a report on Monday, April 8th. Berenberg Bank set a $430.00 price target on Boeing and gave the company a “buy” rating in a research note on Thursday, April 25th. ValuEngine downgraded Boeing from a “buy” rating to a “hold” rating in a research note on Monday, May 13th. Cowen reiterated a “buy” rating and issued a $460.00 target price on shares of Boeing in a research report on Monday, April 8th. Finally, Zacks Investment Research cut Boeing from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 10th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have assigned a buy rating to the company. Boeing has an average rating of “Hold” and a consensus target price of $413.01.

NYSE BA traded up $1.07 on Thursday, reaching $349.87. The company had a trading volume of 2,124,683 shares, compared to its average volume of 6,458,807. The firm has a market capitalization of $199.67 billion, a P/E ratio of 21.85, a PEG ratio of 2.20 and a beta of 1.30. Boeing has a 52-week low of $292.47 and a 52-week high of $446.01. The company has a current ratio of 1.07, a quick ratio of 0.29 and a debt-to-equity ratio of 48.98.

Boeing (NYSE:BA) last released its quarterly earnings results on Wednesday, April 24th. The aircraft producer reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.11 by $0.05. The business had revenue of $22.92 billion during the quarter, compared to analyst estimates of $23.04 billion. Boeing had a negative return on equity of 1,857.97% and a net margin of 10.06%. Boeing’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.64 EPS. As a group, sell-side analysts predict that Boeing will post 14.43 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Friday, May 10th will be paid a $2.055 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $8.22 dividend on an annualized basis and a yield of 2.35%. Boeing’s dividend payout ratio (DPR) is presently 51.34%.

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About Boeing

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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