Boeing (NYSE:BA) Receiving Very Negative Press Coverage, Report Finds

News coverage about Boeing (NYSE:BA) has trended very negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Boeing earned a media sentiment score of -3.09 on their scale. InfoTrie also assigned headlines about the aircraft producer an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock’s share price in the immediate future.

Here are some of the media stories that may have impacted Boeing’s score:

NYSE BA opened at $347.03 on Thursday. The company has a debt-to-equity ratio of 48.98, a quick ratio of 0.29 and a current ratio of 1.07. Boeing has a 12 month low of $292.47 and a 12 month high of $446.01. The company has a market capitalization of $196.14 billion, a P/E ratio of 21.68, a price-to-earnings-growth ratio of 2.19 and a beta of 1.31.

Boeing (NYSE:BA) last posted its quarterly earnings results on Wednesday, April 24th. The aircraft producer reported $3.16 EPS for the quarter, topping the Zacks’ consensus estimate of $3.11 by $0.05. Boeing had a negative return on equity of 1,857.97% and a net margin of 10.06%. The company had revenue of $22.92 billion for the quarter, compared to analysts’ expectations of $23.04 billion. During the same period in the previous year, the firm earned $3.64 EPS. The firm’s revenue was down 2.0% compared to the same quarter last year. As a group, equities analysts forecast that Boeing will post 14.43 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Friday, May 10th were issued a $2.055 dividend. The ex-dividend date of this dividend was Thursday, May 9th. This represents a $8.22 dividend on an annualized basis and a yield of 2.37%. Boeing’s dividend payout ratio is presently 51.34%.

A number of research analysts have recently weighed in on BA shares. Morgan Stanley lifted their price objective on Boeing from $450.00 to $500.00 and gave the company an “overweight” rating in a research report on Thursday, February 28th. UBS Group reaffirmed a “buy” rating and set a $525.00 price objective (up from $500.00) on shares of Boeing in a research report on Thursday, February 28th. Argus lifted their price objective on Boeing from $420.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. DZ Bank reaffirmed a “sell” rating on shares of Boeing in a research report on Monday, March 11th. Finally, Edward Jones cut Boeing from a “buy” rating to a “hold” rating in a research report on Monday, March 11th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $407.97.

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Boeing Company Profile

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates in four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital.

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