Boeing (BA) to Release Quarterly Earnings on Wednesday

Boeing (NYSE:BA) will be releasing its earnings data before the market opens on Wednesday, July 31st. Analysts expect Boeing to post earnings of ($1.00) per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Boeing Price Performance

Shares of Boeing stock opened at $185.52 on Tuesday. The business has a 50-day simple moving average of $181.72 and a 200 day simple moving average of $187.96. The firm has a market capitalization of $113.89 billion, a price-to-earnings ratio of -52.26 and a beta of 1.56. Boeing has a one year low of $159.70 and a one year high of $267.54.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $225.00 price objective on shares of Boeing in a research note on Tuesday, June 25th. Stifel Nicolaus reaffirmed a “buy” rating and set a $240.00 price objective on shares of Boeing in a report on Wednesday, May 15th. UBS Group lowered their target price on shares of Boeing from $250.00 to $240.00 and set a “buy” rating for the company in a report on Friday, June 7th. Melius restated a “hold” rating on shares of Boeing in a report on Monday, April 1st. Finally, Argus lowered shares of Boeing from a “buy” rating to a “hold” rating in a research note on Tuesday, April 30th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Boeing presently has an average rating of “Moderate Buy” and an average target price of $220.89.

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.