News stories about Boeing (NYSE:BA) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Boeing earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned headlines about the aircraft producer an impact score of 46.2339412249848 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Russia may stop exporting titanium to Boeing (seekingalpha.com)
- Dow’s 200-point stumble in late-afternoon trade driven almost entirely by JP Morgan, Boeing stocks (finance.yahoo.com)
- The Dow’s 100-point stumble on Friday mostly driven by JP Morgan, Boeing stocks (feeds.marketwatch.com)
- Citi says Boeing could hit $500 based on free cash flow (cnbc.com)
- Boeing establishes joint venture with Saudi Arabian Military Industries for aircraft maintenance (defensenews.com)
Shares of NYSE BA traded down $8.20 during mid-day trading on Friday, reaching $329.28. 4,730,972 shares of the company’s stock were exchanged, compared to its average volume of 6,123,422. The stock has a market capitalization of $192,648.17, a price-to-earnings ratio of 27.35, a PEG ratio of 1.69 and a beta of 1.39. Boeing has a 52 week low of $175.47 and a 52 week high of $371.60. The company has a debt-to-equity ratio of 23.74, a current ratio of 1.16 and a quick ratio of 0.37.
Several equities analysts have weighed in on BA shares. Morgan Stanley set a $373.00 price objective on Boeing and gave the company a “hold” rating in a research note on Thursday, March 22nd. Buckingham Research set a $289.00 price objective on Boeing and gave the company a “hold” rating in a research note on Thursday, February 8th. Zacks Investment Research upgraded Boeing from a “hold” rating to a “buy” rating and set a $330.00 price objective on the stock in a research note on Tuesday, January 2nd. Canaccord Genuity restated a “hold” rating and set a $345.00 price objective (up from $290.00) on shares of Boeing in a research note on Thursday, February 1st. Finally, Royal Bank of Canada restated a “hold” rating and set a $358.00 price objective (down from $378.00) on shares of Boeing in a research note on Friday, April 6th. Ten research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $364.47.
In related news, CFO Gregory D. Smith sold 36,079 shares of Boeing stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $337.43, for a total value of $12,174,136.97. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.24% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “Boeing (BA) Receives News Impact Rating of 0.05” was published by Dakota Financial News and is owned by of Dakota Financial News. If you are viewing this news story on another site, it was illegally copied and republished in violation of United States & international trademark & copyright laws. The original version of this news story can be viewed at https://dakotafinancialnews.com/2018/04/14/boeing-ba-receives-news-impact-rating-of-0-05.html.
Boeing Company Profile
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.
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.