Somewhat Favorable News Coverage Likely to Affect Boeing Company (The) (BA) Stock Price

Media headlines about Boeing Company (The) (NYSE:BA) have been trending somewhat positive this week, according to Alpha One Sentiment Analysis. The research firm, a service of Accern, identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Boeing Company (The) earned a daily sentiment score of 0.15 on Alpha One’s scale. Alpha One also gave news headlines about the aircraft producer an impact score of 77 out of 100, indicating that recent media coverage is likely to have an effect on the stock’s share price in the next several days.

These are some of the media headlines that may have effected AlphaOne’s rankings:

Insider Buying and Selling by Quarter for Boeing Company (The) (NYSE:BA)

Shares of Boeing Company (BA) traded up 0.59% on Tuesday, reaching $200.25. 1,345,103 shares of the company’s stock traded hands. The firm has a market capitalization of $120.87 billion, a P/E ratio of 24.67 and a beta of 1.14. The company’s 50-day moving average is $186.54 and its 200-day moving average is $173.57. Boeing Company has a 52 week low of $122.35 and a 52 week high of $201.24.

Boeing Company (The) (NYSE:BA) last announced its quarterly earnings results on Wednesday, April 26th. The aircraft producer reported $2.01 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.91 by $0.10. The firm had revenue of $20.98 billion for the quarter, compared to analyst estimates of $21.27 billion. Boeing Company (The) had a net margin of 5.52% and a return on equity of 495.68%. The business’s revenue for the quarter was down 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.74 EPS. Equities research analysts anticipate that Boeing Company will post $9.39 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 2nd. Stockholders of record on Friday, May 12th were issued a $1.42 dividend. This represents a $5.68 annualized dividend and a dividend yield of 2.85%. The ex-dividend date was Wednesday, May 10th. Boeing Company (The)’s payout ratio is 69.61%.

A number of research firms have recently commented on BA. Vetr cut Boeing Company (The) from a “sell” rating to a “strong sell” rating and set a $155.02 target price on the stock. in a research report on Tuesday, February 21st. Deutsche Bank AG raised their price target on shares of Boeing Company (The) from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Monday, March 6th. Morgan Stanley lowered shares of Boeing Company (The) from an “overweight” rating to an “equal weight” rating and raised their target price for the stock from $185.00 to $190.00 in a research note on Monday, March 13th. They noted that the move was a valuation call. Barclays PLC reaffirmed an “overweight” rating and set a $190.00 price target (up previously from $175.00) on shares of Boeing Company (The) in a research report on Thursday, March 16th. Finally, Canaccord Genuity reaffirmed a “hold” rating and set a $162.00 price target on shares of Boeing Company (The) in a research report on Friday, March 17th. Six analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $167.65.

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In related news, SVP Timothy John Keating sold 32,500 shares of the stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of $184.51, for a total value of $5,996,575.00. Following the sale, the senior vice president now directly owns 107,437 shares in the company, valued at approximately $19,823,200.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Leanne G. Caret sold 2,400 shares of the stock in a transaction that occurred on Wednesday, May 3rd. The shares were sold at an average price of $182.73, for a total transaction of $438,552.00. Following the completion of the sale, the executive vice president now owns 44,710 shares in the company, valued at $8,169,858.30. The disclosure for this sale can be found here. In the last ninety days, insiders sold 63,403 shares of company stock worth $11,666,138. 0.28% of the stock is owned by insiders.

About Boeing Company (The)

The Boeing Company is an aerospace company. The Company’s segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry.

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