The Boeing Company Stock Forecast:
According to the predictions of 21 analysts, the average target price for The Boeing Company‘s stock over the next 12 months is USD 201.75, and the average analyst rating is Buy. However, Stock Target Advisor‘s own analysis of the company’s stock is Bearish, which is based on 2 positive signals and 9 negative signals. As of the last closing, The Boeing Company’s stock price was USD 204.70, which represents a decrease of 1.24% over the past week and 0.40% over the past month, but an increase of 10.11% over the last year.
Analysts Coverage Change:
Wells Fargo & Company maintains the “Overweight” rating for The Boeing Company and lowers the target price to $230 from $240 on the company’s stock.
Positive Fundamentals:
The Boeing Company is a large entity in the aerospace and defense sector with a high market capitalization, which means that it is among the largest and most stable companies in its industry. A high market capitalization is an indication of the company’s financial stability and its ability to weather market fluctuations.
In addition to its high market capitalization, Boeing has also demonstrated positive cash flow in the most recent four quarters. Positive cash flow is important for companies because it shows that they have enough money coming in to pay their bills and invest in future growth. This is a positive sign for investors, as it suggests that the company is well-managed and financially sound.
Negative Fundamentals:
Investors should be cautious when considering investing in The Boeing Company stock due to a number of factors. Firstly, the company has delivered poor risk-adjusted returns compared to its peers, with unpredictable returns. Secondly, the stock has high volatility and has underperformed its peers in terms of total and dividend returns over the past 5 years. Additionally, the stock is overpriced compared to earnings and cash flow, and has negative free cash flow. Lastly, the company has shown below median earnings and revenue growth in the past 5 years compared to its sector.
FA Score (Fundamental Analysis):
The fundamental analysis of The Boeing Company is “Bearish” with a FA score of 1.8 out of 10, where 0 is very bearish and 10 is very bullish.
