Company Update (NYSE:BA): Boeing Reports Fourth-Quarter Deliveries

[PR Newswire] – CHICAGO, Jan. 7, 2016 /PRNewswire/ — The Boeing Company announced today deliveries across its commercial and defense operations for the fourth quarter of 2015. Major program deliveries during … Read more on this. The Boeing Company (BA) , valued at $90.77B, started the session at $136.15. During today’s session, BA traded between $134.74 to $136.67 with a trailing 52-week range being $115.14 to $158.83. BA shares are currently priced at 16.81x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 2.16x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $3.64 per share annually in dividends, yielding 2.52%. According to a consensus of 17 analysts, the earnings estimate of $2.16 per share would be $0.15 worse than the year-ago quarter and a $0.15 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $8.26 would be a $0.34 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $23.41 Billion. If realized, that would be a 4.33% decrease over the year-ago quarter. Recently, Wells Fargo downgraded BA from Outperform to Market Perform (Dec 18, 2015). Previously, Standpoint Research downgraded BA from Buy to Hold. When considering if the stock is under or overvalued, the average price target is $163.72, which is 20.25% above where the stock opened this morning. See more in (NYSE:BA) Similar Articles: Market Update: The Boeing Company (NYSE:BA) – Boeing to pay $12 mln to settle U.S. enforcement cases -FAA Stock Update: The Boeing Company (NYSE:BA) – Boeing Business Jets Announces Four New BBJ MAX 8 Orders Market Update: The Boeing Company (NYSE:BA) – Boeing tanker plane makes first flight