BA - The Boeing Company
| Previous Close | 180.55 |
| Open | 172.00 |
| Bid | 160.10 x 1000 |
| Ask | 159.00 x 1300 |
| Day's Range | 155.54 - 172.92 |
| 52 Week Range | 89.00 - 398.66 |
| Volume | 47,507,077 |
| Avg. Volume | 15,676,725 |
| Market Cap | 91.405B |
| Beta (5Y Monthly) | 1.35 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.12 |
| Earnings Date | Apr 21, 2020 - Apr 26, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Feb 12, 2020 |
| 1y Target Est | 194.39 |
- American City Business Journals
Boeing, Embraer say regional jet deal remains 'strategically important' as delays, losses mount
Analysts are reassessing the $4.2 billion price Boeing agreed to pay in 2017, and some think it might be too high in the current aerospace environment where jet makers have been hit with a global slowdown.
ReutersUS STOCKS-Wall Street tumbles as U.S. virus cases pass 100,000
Wall Street stocks tumbled on Friday, ending a massive three-day surge after doubts about the fate of the U.S. economy resurfaced and the number of coronavirus cases in the country climbed. U.S. stocks deepened their losses late in the session, even after the House of Representatives approved a $2.2 trillion aid package - the largest in American history - to help people and companies cope with an economic downturn caused by the coronavirus outbreak and provide hospitals with urgently needed medical supplies.
- Reuters
US STOCKS-Wall Street tumbles as U.S. virus cases pass 85,000
Wall Street stocks tumbled on Friday, ending a massive three-day surge after doubts about the fate of the U.S. economy resurfaced and the number of coronavirus cases in the country climbed. U.S. stocks deepened their losses late in the session, even after the House of Representatives approved a $2.2 trillion aid package - the largest in American history - to help people and companies cope with an economic downturn caused by the coronavirus outbreak and provide hospitals with urgently needed medical supplies. The United States has surpassed China and Italy as the country with the most coronavirus cases.
- Investor's Business Daily
Stock Market Rally Attempt Underway Amid Coronavirus Stimulus, Soaring Jobless Claims; Boeing, Micron, Nike, Lululemon In Focus: Weekly Review
A stock market rally bid got underway as Congress OK'd a coronavirus stimulus and jobless claims exploded. Micron and Nike earnings beat.
- Investor's Business Daily
Boeing Sinks As Mnuchin Says No Plan For Bailout But Wall Street Is Skeptical
Boeing has no intention to take government aid, Treasury Secretary Steve Mnuchin said, after reports said it was seeking $60 billion for the aerospace industry.
- MarketWatch
Dow skids 915 points lower and snaps 3-day win streak, but logs best week in 82 years as Trump set to sign coronavirus rescue
The Dow Jones Industrial Average ended another volatile week lower Friday, but not before the blue-chip index notched its best weekly gain since 1938, as President Donald Trump was set to sign into law an important coronavirus rescue package just after the market's close. The Dow fell 915 points, or 4.1%, at around 21,636, the S&P 500 index closed 89 points, or 3.4%, at 2,542, while the Nasdaq Composite Index ended the session down 3.7% at around 7,502. For the week, the Dow booked a gain of 12.8%, which marks its best weekly gain since 1938, according to FactSet data. The S&P 500 notched a weekly gain of 10.3%, representing its sharpest weekly rise since 2008, while the Nasdaq Composite Index booked a 9.1% weekly gain. In addition to the fiscal response, the week was marked by the Federal Reserve announcing an unlimited bond-buying program to loosen seized up parts of the financial markets. All these factors helped to boost the market but deep-set worries about when he virus will ultimately peak as investors worried. Trump's planned signing of the coronavirus relief package would follow news that the U.S. has become the country with the highest number of COVID-19 cases. It also comes after a record 3.28 million Americans applied for unemployment benefits last week due to the outbreak, earlier in the week, highlighting growing signs of the impact of the deadly infection. The turbulent week also saw the Dow and the S&P 500 notch three straight days of gains, until Friday, as investors cheered the planned fiscal measures by the U.S. government. Moves in the Dow were aided by a comeback for the ages from blue-chip component Boeing Co. which surged 70.5% for the week, marking its best weekly gain ever, according to Dow Jones Market Data. The aeronautics maker has been hammered by the slowdown in travel and the grounding of its 737 MAX fleet of jets.
- American City Business Journals
Some on Wall Street not buying Boeing’s bailout balk
The Boeing Co. has publicly distanced itself this week from a need for a share of the COVID-19 stimulus bill, but some on Wall Street aren’t buying the going-solo talk. On Friday, U.S. Treasury Secretary Steve Mnuchin said Boeing (NYSE: BA) had yet to request aid from the $2.2 trillion stimulus bill, which following passage in both chambers of Congress was on its way to be signed by President Donald Trump. Shares of Boeing sunk following Mnuchin’s comments, dropping 8 percent by early afternoon to $166.32 per share and helping lead a 2-percent decline in the Dow to that point.
- MarketWatch
Boeing, Chevron share losses lead Dow's nearly 475-point fall
DOW UPDATE The Dow Jones Industrial Average is slumping Friday afternoon with shares of Boeing and Chevron delivering the stiffest headwinds for the blue-chip average. The Dow (DJIA) was most recently trading 473 points (2.
- Investor's Business Daily
Dow Jones Smacked Lower After Historic Run: 5 Coronavirus Stocks On The Move
The Dow Jones was firmly lower in afternoon trading Friday after a historic, three-day run. P&G; stock was a bright spot in the Dow, helped by an upgrade.
- MarketWatch
Dow falls 469 points on losses in Boeing, Chevron stocks
DOW UPDATE Shares of Boeing and Chevron are trading lower Friday afternoon, leading the Dow Jones Industrial Average slump. Shares of Boeing (BA) and Chevron (CVX) have contributed to the index's intraday decline, as the Dow (DJIA) was most recently trading 469 points lower (-2.
ReutersREFILE-US STOCKS-Wall Street falls as U.S. virus cases pass 85,000
Wall Street fell on Friday, ending a massive three-day surge as doubts about the fate of the U.S. economy resurfaced and the number of coronavirus cases in the country climbed. U.S. stock indexes trimmed deeper losses after the House of Representatives approved a $2.2 trillion aid package - the largest in American history - to help people and companies cope with an economic downturn caused by the coronavirus outbreak and provide hospitals with urgently needed medical supplies. The United States has surpassed China and Italy as the country with the most coronavirus cases.
- Reuters
Treasury: U.S. will be 'compensated' for assistance to airlines
U.S. Treasury Secretary Steve Mnuchin said on Friday that taxpayers will "compensated" for providing up to $25 billion in direct grants to the airline industry. "I've been very clear this is not an airline bailout," Mnuchin told Fox Business Network Friday. Under the bill approved Friday by the U.S. House of Representatives, Mnuchin can demand equity, warrants or other financial instruments to "provide appropriate compensation to the federal government."
- Barrons.com
House Passes Economic Rescue Package. Here’s What’s In It.
The House of Representatives passed the Cares Act on Friday, sending it to President Donald Trump for his signature.
- MarketWatch
Boeing, JPMorgan Chase share losses contribute to Dow's 530-point fall
DOW UPDATE The Dow Jones Industrial Average is slumping Friday afternoon with shares of Boeing and JPMorgan Chase seeing the biggest drops for the blue-chip average. Shares of Boeing (BA) and JPMorgan Chase (JPM) are contributing to the index's intraday decline, as the Dow (DJIA) was most recently trading 530 points, or 2.
- MarketWatch
Dow's 550-point fall led by losses in Boeing, JPMorgan Chase shares
DOW UPDATE Behind declines for shares of Boeing and JPMorgan Chase, the Dow Jones Industrial Average is slumping Friday afternoon. The Dow (DJIA) was most recently trading 550 points, or 2.4%, lower, as shares of Boeing (BA) and JPMorgan Chase (JPM) are contributing to the blue-chip gauge's intraday decline.
ReutersUS STOCKS-Wall St to snap record three-day surge as virus threat intensifies
"We have still not fully understood the degree of the economic impact," said Massud Ghaussy, senior analyst at Nasdaq IR Intelligence in New York. The U.S. House of Representatives on Friday approved a $2.2 trillion aid package - the largest in American history - to help individuals and companies cope with an economic downturn caused by the coronavirus outbreak and provide hospitals with urgently needed medical supplies.
- Investor's Business Daily
Boeing Leads Dow Lower; These Sectors Hold Up Better
The stock market was slowly bouncing back but remained sharply lower Friday afternoon, while Boeing stock suffered another blow.
- Investor's Business Daily
Dow Breaks Win Streak As House Debates Stimulus Bill, U.S. Coronavirus Cases Top
The Dow Jones industrials moved off session lows but were still sharply lower midday, after a sharp drop in consumer sentiment.
- Reuters
U.S. not bailing out airlines, Boeing not using federal money - Treasury Secretary
U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill before Congress is not an airline bailout and that taxpayers will be compensated for relief given to companies hobbled by the global pandemic. At the same time, Mnuchin said in an interview with Fox Business Network that plane-maker Boeing Co has not requested government help. "I've been very clear this is not an airline bailout," Mnuchin said.
- MarketWatch
Dow falls 731 points on losses for shares of Boeing, JPMorgan Chase
DOW UPDATE Shares of Boeing and JPMorgan Chase are seeing declines Friday afternoon, leading the Dow Jones Industrial Average slump. Shares of Boeing (BA) and JPMorgan Chase (JPM) have contributed to the index's intraday decline, as the Dow (DJIA) was most recently trading 731 points, or 3.
- Benzinga
Boeing Analyst Turns Bullish After Deep Sell-Off
Argus turned bullish on beleagured Boeing Co (NYSE: BA) Friday and said the stock has taken a turn for better, primarily due to the value offered by the shares following their recent sell-off.The Boeing Analyst Argus analyst John Eade upgraded shares of Boeing from Hold to Buy, with a 12-month price target of $220. (See his track record here.)The Boeing Thesis Boeing has superior long-term prospects due to its significant backlog and strong presence in the growing commercial aerospace industry, Eade said in the Friday upgrade note. (See his track record here.)Boeing shares have underperformed in the March quarter, dropping about 45% compared to the S&P 500's 23% decline. In March alone, the stock dipped to a low of $89 before doubling after the sell-off, the analyst said. The U.S. government is close to signing a federal rescue package that would provide at least $60 billion in aid for Boeing and its suppliers, he said. Among other developments, Eade said the company plans to restart 737 MAX production by May. The analyst said he expects U.S. regulators to clear the grounded plane for return to service by midyear.The coronavirus emergency in Washington state forced closure of production operations at Boeing's Puget Sound facilities, but the company will be paid for the expected closure period of two weeks, Eade said.Pressured for cash, the company drew down on its $13.8-billion credit facility in February, suspended its dividend and extended the pause in its stock buyback, the analyst said. "Given the production developments as well as the value now present after the sharp stock price decline, we think a BUY rating is warranted."Boeing Price Action Boeing shares were trading down 8.16% at $165.72 at the time of publication. Related Links:PreMarket Prep Stock Of The Day: Boeing Boeing Finds Yet Another Problem In The Grounded 737 Max Aircraft Latest Ratings for BA DateFirmActionFromTo Mar 2020Credit SuisseReiteratesNeutral Mar 2020Argus ResearchUpgradesHoldBuy Mar 2020BairdMaintainsNeutral View More Analyst Ratings for BA View the Latest Analyst Ratings See more from Benzinga * Companies Suspend Dividends, Buybacks As Pandemic Weakens Market(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Reuters
US STOCKS-Wall St slumps after three-day rally as virus threat intensifies
"We have still not fully understood the degree of the economic impact," said Massud Ghaussy, senior analyst at Nasdaq IR Intelligence in New York. The U.S. House of Representatives is widely expected to clear a $2 trillion economic rescue package after the Senate passed the proposal on Thursday.
- MarketWatch
Boeing, Dow Inc. share losses contribute to Dow's nearly 800-point fall
DOW UPDATE Shares of Boeing and Dow Inc. are retreating Friday morning, leading the Dow Jones Industrial Average slump. Shares of Boeing (BA) and Dow Inc. (DOW) are contributing to the blue-chip gauge's intraday decline, as the Dow (DJIA) was most recently trading 795 points (3.
- Reuters
Trump says U.S. will make 100,000 ventilators in 100 days
U.S. President Donald Trump said on Friday the United States would produce 100,000 ventilators in 100 days and said he had named White House aide Peter Navarro as the coordinator of the Defense Production Act. "We're going to make a lot of ventilators," Trump said, pledging to take care of U.S. needs while also helping other countries. Trump said there was a great chance the United States would not need so many ventilators to fight the coronavirus outbreak, and would then help other countries in need.
