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B/E Aerospace Inc. Message Board

  • stanley_db stanley_db Jul 26, 2012 2:05 PM Flag

    Any clue why the plunge?

    Company is so under appreciated.... Investors don't seem to understand this company has a virtual monopoly on hundreds or thousands of aircraft parts. You can't produce and sell these parts without FAA approvals which are difficult and costly to get. BEAV has a gazillion.

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    • GS lowered its price target slightly...

      Goldman Sachs Cuts Price Target on BE Aerospace (BEAV)
      Posted by Kristian Gore on Jul 25th, 2012 // No Comments

      BE Aerospace (NASDAQ: BEAV) had its price target lowered by Goldman Sachs from $58.00 to $55.00 in a research report sent to investors on Wednesday morning.
      “Over the past few months, investors have expressed increased concern regarding the potential for slower rates of growth in the commercial aerospace aftermarket. Today, BEAV said this end market in Aerospace has weakened and that it could remain soft for the next 6-18 months. The stock (and others with aftermarket exposure) reacted negatively.,” Goldman Sachs’ analyst commented.
      BE Aerospace traded down 1.99% on Wednesday, hitting $40.055. BE Aerospace has a 1-year low of $28.83 and a 1-year high of $48.48. The company has a market cap of $4.162 billion and a price-to-earnings ratio of 16.89.
      BE Aerospace last released its earnings data on Tuesday, July 24th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.68 by $0.04. The company’s revenue for the quarter was up 26.1% on a year-over-year basis. On average, analysts predict that BE Aerospace will post $2.80 earnings per share for the current fiscal year.
      BE Aerospace, Inc. is a manufacturer of cabin interior products for commercial aircraft and business jets and distributor of aerospace fasteners and consumables.

    • Funny thing is they are creating even more capacity with no end to new and bigger orders on the horizon??? I do not understand the negativity.

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