Boeing (NYSE:BA) Upgraded to “Strong-Buy” at Barclays

Barclays upgraded shares of Boeing (NYSE:BA) to a strong-buy rating in a research note issued to investors on Friday morning,Zacks reports.

BA has been the subject of several other research reports. Citigroup cut Boeing from a “buy” rating to a “sell” rating in a research report on Tuesday, August 11th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Boeing in a research report on Wednesday, September 30th. BNP Paribas Exane upgraded Boeing from an “underperform” rating to an “outperform” rating and lifted their price target for the stock from $230.00 to $300.00 in a research note on Monday, August 3rd. Cantor Fitzgerald lowered Boeing to a “neutral” rating in a report on Tuesday, August 11th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Boeing in a research note on Wednesday, September 30th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $269.96.

Boeing Stock Performance

Shares of NYSE BA opened at $190.47 on Friday. The company’s fifty day moving average price is $209.70 and its 200 day moving average price is $215.86. The company has a debt-to-equity ratio of 6.77, a quick ratio of 0.33 and a current ratio of 1.14. The company has a market capitalization of $150.54 billion, a PE ratio of 82.45 and a beta of 1.26. Boeing has a 1 year low of $176.77 and a 1 year high of $254.35.

Boeing (NYSE:BA) last announced its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.42). The company had revenue of $24.56 billion for the quarter, compared to analysts’ expectations of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period last year, the business earned ($1.24) EPS. On average, research analysts predict that Boeing will post -0.91 earnings per share for the current year.

Institutional Trading of Boeing

Large investors have recently made changes to their positions in the company. HF Advisory Group LLC increased its holdings in Boeing by 7.2% during the third quarter. HF Advisory Group LLC now owns 3,299 shares of the aircraft producer’s stock worth $614,000 after buying an additional 223 shares during the last quarter. Armstrong Advisory Group Inc. raised its position in Boeing by 891.2% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 8,227 shares of the aircraft producer’s stock worth $1,531,000 after purchasing an additional 7,397 shares during the last quarter. Marquette Asset Management LLC boosted its stake in shares of Boeing by 1,049.3% in the 3rd quarter. Marquette Asset Management LLC now owns 770 shares of the aircraft producer’s stock valued at $143,000 after purchasing an additional 703 shares during the last quarter. Capital Planning LLC grew its position in shares of Boeing by 1.7% during the 3rd quarter. Capital Planning LLC now owns 35,689 shares of the aircraft producer’s stock worth $6,640,000 after buying an additional 583 shares during the period. Finally, Mirador Capital Partners LP bought a new stake in Boeing in the third quarter valued at $3,367,000. Institutional investors own 64.82% of the company’s stock.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Aircraft lessor Avolon placed a firm order for 140 Boeing 737 MAX jets as part of a broader 250-aircraft transaction split with Airbus. The order reinforces demand for Boeing’s highest-volume commercial program. Boeing Lands Order for 140 737 MAX Jets
• Positive Sentiment: Boeing reported a total backlog of approximately $715 billion at the end of the second quarter, including $597 billion in commercial airplanes. The backlog provides long-term revenue visibility if the company can improve delivery rates and production execution. Boeing’s Strategic Push to Balance Rising Demand with Operational Bottlenecks
• Positive Sentiment: Southwest Airlines is reportedly leaning toward Boeing’s 787 Dreamliner for a potential long-haul international expansion, which could create a meaningful future widebody order. Southwest Airlines Weighs Boeing 787
• Positive Sentiment: Boeing’s defense business could benefit from rising demand for infrared search-and-track systems, while its approximately $14.7 billion PAC-3 seeker contract with Lockheed Martin adds longer-term defense visibility. Rising IRST Demand and Boeing’s Defense Outlook
• Positive Sentiment: Barclays included Boeing among its aerospace and defense stock picks tied to a “modern-day industrial revolution,” supporting the bullish long-term investment case. Boeing and More Buys for the Modern-Day Industrial Revolution
• Neutral Sentiment: TD Cowen lowered its Boeing price target from $250 to $240 but maintained a Buy rating, indicating reduced near-term confidence while still seeing substantial upside potential. TD Cowen Cuts Aerospace Targets
• Negative Sentiment: Investors remain concerned about Boeing’s approaching debt repayments, high leverage, production delays and weak returns on invested capital. The company’s large backlog will not translate into cash flow quickly unless deliveries accelerate. Boeing Faces a Debt Wall

About Boeing

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, spacecraft and related systems. Its commercial portfolio includes the 737, 787 Dreamliner and 777 families, as well as the 777X program. Boeing sells aircraft to airlines, cargo operators and leasing companies around the world.

Through its defense and space operations, Boeing provides products and services for the U.S. government, allied governments and other institutional customers.