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Market Update (NYSE:BA): Boeing Investor Conference to be Webcast May 11

[PR Newswire] – CHICAGO, April 29, 2016 /PRNewswire/ — The Boeing Company will webcast its annual investor conference on May 11, beginning at approximately 9:15 a.m. Pacific Time. Scheduled presenters include: … Read more on this. The Boeing Company (BA) , currently valued at $88.48B, started trading this morning at $134.42. During the trading session, BA traded between $132.81 to $134.49 and has traded between $102.10 and $150.59 over the past year. Priced at 15.91x this year’s forecasted earnings, BA shares are relatively inexpensive compared to the industry’s 22.04x forward p/e ratio. And for dividend hunters, the company pays shareholders $4.36 per share annually in dividends, yielding 3.33%. In a review of the consensus earnings estimate this quarter, 15 sell-side analysts are looking at $2.15 per share, which would be $0.53 better than the year-ago quarter and a $0.00 sequential decrease. Investors should also note that the full-year EPS estimate of $8.47 is a $0.75 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $23.25 Billion. If reported, that would be a 5.26% decrease over the year-ago quarter. Recently, BofA/Merrill downgraded BA from Neutral to Underperform (Apr 20, 2016). Previously, Canaccord Genuity downgraded BA from Buy to Hold. Given all the information above, we should disclose to readers that the average price target is $142.68, which is 6.14% above than it opened this morning. See more in (NYSE:BA) Similar Articles: Market Update: The Boeing Company (NYSE:BA) – INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of Class Action Lawsuit Against The Boeing Company and Its Board of Directors and a Lead Plaintiff Deadline of April 22, 2016 Market Update: The Boeing Company (NYSE:BA) – INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Lawsuit Against The Boeing Company and Its Board of Directors and a Lead Plaintiff Deadline of April 22, 2016 – BA Market Update: The Boeing Company (NYSE:BA) – Boeing Commercial Airplanes Vice President of Marketing Tinseth to Speak at Bank of America Merrill Lynch Conference on March 16
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