For today’s bulletin, we take a look at aerospace giant Boeing $BA and provide a link to download a FREE STOCK REPORT on the company.
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The Boeing Company (BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. Boeing has a long tradition of aerospace leadership and innovation. The company continues to expand its product line and services to meet emerging customer needs. Its broad range of capabilities includes creating new, more efficient members of its commercial airplane family; designing, building and integrating military platforms and defense systems; creating advanced technology solutions; and arranging innovative financing and service options for customers.
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We have been closely watching Boeing due to the various trade wars initiated by the Trump White House. As we have noted in the past, high-dollar industries like aerospace are particularly vulnerable to retaliation from other nations AND Boeing has lost business due to foreign policy decisions emanating from DC as well.
But, today we see some good news for the firm. Boeing successfully won a new contract with the Pentagon to supply $2.4 billion worth of helicopters. The deal should lead to the purchase of @85 helicopters from Boeing and their partner, Leonardo SpA.
These new machines will replace the Air Force’s aging fleet of UH-1N helicopters. The “Huey” as the UH-1n is known, is an iconic aircraft. It was a symbol of the Vietnam War and has long been used by the Air Force to ferry VIPs, personnel, and to protect and service its vast fields of ICBMs located across the midwest.
To make the deal even sweeter, Boeing beat out arch-rival Lockheed Martin Sikorsky here–which had proposed using a version of its UH-60 “Blackhawk” chopper for the Air Force role.
This latest good news should help Boeing along–even if the trade wars eventually cause havoc for its civilian-airliner business.
VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on BOEING CO for 2018-09-21. Based on the information we have gathered and our resulting research, we feel that BOEING CO has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Sharpe Ratio.
You can download a free copy of detailed report on the Boeing Company (BA) from the link below.
| ValuEngine Forecast | ||
| Target Price* |
Expected Return |
|
|---|---|---|
| 1-Month | 374.29 | 0.55% |
| 3-Month | 371.98 | -0.07% |
| 6-Month | 379.18 | 1.87% |
| 1-Year | 396.94 | 6.64% |
| 2-Year | 375.58 | 0.90% |
| 3-Year | 363.80 | -2.27% |
| Valuation & Rankings | |||
| Valuation | 7.15% overvalued | Valuation Rank(?) | 40 |
| 1-M Forecast Return | 0.55% | 1-M Forecast Return Rank | 86 |
| 12-M Return | 45.38% | Momentum Rank(?) | 89 |
| Sharpe Ratio | 1.03 | Sharpe Ratio Rank(?) | 92 |
| 5-Y Avg Annual Return | 23.87% | 5-Y Avg Annual Rtn Rank | 92 |
| Volatility | 23.09% | Volatility Rank(?) | 61 |
| Expected EPS Growth | 8.82% | EPS Growth Rank(?) | 35 |
| Market Cap (billions) | 265.37 | Size Rank | 100 |
| Trailing P/E Ratio | 24.81 | Trailing P/E Rank(?) | 50 |
| Forward P/E Ratio | 22.80 | Forward P/E Ratio Rank | 25 |
| PEG Ratio | 2.81 | PEG Ratio Rank | 14 |
| Price/Sales | 2.73 | Price/Sales Rank(?) | 40 |
| Market/Book | n/a | Market/Book Rank(?) | n/a |
| Beta | 1.44 | Beta Rank | 19 |
| Alpha | 0.13 | Alpha Rank | 79 |
DOWNLOAD A FREE SAMPLE OF OUR BOEING COMPANY (BA) REPORT BY CLICKING HERE
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Steve Hach
Senior Editor
ValuEngine.Com
