|Day's Range||60.36 - 61.09|
|52 Week Range||42.26 - 62.90|
|PE Ratio (TTM)||17.15|
|Dividend & Yield||0.40 (0.66%)|
|1y Target Est||N/A|
Calling the launch of the Boeing Co.’s 737 MAX 10 credit positive, Moody’s Investors Service said Thursday that the move would fill an important gap in the company’s product line even if it does come at the cost of slower sales for another of its MAX variants. Analyst Jonathan Root wrote in a research note that the MAX 10, now Boeing’s (BA) largest 737, does as the manufacturer intended by giving it a variant that can compete with rival Airbus’ hot-selling A321neo. Officially launched this week at the Paris Air Show, Boeing racked 361 orders and commitments for the new plane in deals that the investment firm says will shrink Airbus’ cumulative lead in the market for new generation single-aisle jets (the 737 MAX and A320neo families) to about 1,000 planes.
Aerospace suppliers are eager to start using 3-D printing technology to turn out large, high-volume structural parts for jetliners, but U.S. safety regulators are taking a go-slow approach toward approving ...
The biggest splash from Boeing (BA) so far came in conjunction with its expected launch of the 737 MAX 10 — the largest variant of the new MAX narrow-body family of aircraft — which helped drive tens of billions of dollars (at list prices) of new orders and commitments. In all, Boeing says the new version has secured more than 240 orders and commitments already from more than 10 customers, with details on more of those orders coming throughout the week from Paris.