Quite a few research analysts have expected that the stocks of BA will be announcing their next earnings data on the 28th of April. Currently, the investment analysts expect the stocks to produce an EPS of $1.13 for this quarter.
BA had previously updated their quarterly result on the 26th of January. The producer of aircraft had reported a massive EPS of $15.25 for this quarter, which missed out on the consensus estimate of $1.78. The revenue for the firm has been $15.30 billion, which is slightly less than the consensus estimate of $15.36 billion.
The Quarterly Estimates of BA
The stocks of BA traded on Wednesday at $234.06. The moving average price of the company over a period of 50 days has been $247.89, while the moving average price of the company over a period of 200 days has been $211.36. The company also has a $136.46 billion market cap, along with a -29.67 PE ratio, with a 101.91 PEG ratio. The year low of the company is $113.89, with the year high being $278.57.
There have been quite a few research analysts that have commented on the stocks of BA. JPMorgan Chase & Co has already increased the price target of the company from $230 to $260 with a rating of neutral in a 14th April research report. Sanford C. Bernstein has reduced the rating of the company from market perform to underperform with a price target reduced to $199 in a 4th January research report.
Zacks Investment has also reduced the price rating of the company to sell, with a price target of $215. In the end, Canaccord Genuity decided to increase the rating of the company to buy, with a price target of $275.
Six of the research analysts decided to give the company a rating of sell, while fifteen others gave it a rating of buy. Currently, BA has a hold rating with a $233.25 price target.
