Amongst other things, Boeing Company is known for manufacturing airplanes. It also sells rockets, satellites, missiles, telecommunications equipment, and product support services.
Using a stock peer comparison, you can measure the Earnings per Share of Ba (Boeing) in the same way you might measure the temperature of a room. It’s a great way to identify undervalued stocks, or companies, to add to your portfolio.
The best part is that you can do this in the privacy of your own home! You’ll be able to compare Boeing to its competitors or the stock to the other stores on your list. It’s easy as pie! All you have to do is sign up for a free account. You can then download the data in a variety of formats. You can even get an EPS summary for the past three years.
In addition to the EPS, you’ll also be able to find the most important financial metrics: the most recent earnings and annual dividend and yield. The most important of these, the most recent Earnings, is derived from the company’s most recent financial reports. The Annual Dividend and Yield are calculated from the company’s most recent dividends. The EPM, or the Earnings per Share, is a simple calculation of the company’s diluted income per share and is usually presented in a weak form.
Expected earnings
Among the Boeing Company’s many accomplishments is its impressive Earnings Quality Ranking, which measures the extent to which current earnings predict future earnings. In its upcoming fiscal year, it expects earnings per share of $-6.18, which is more than a half-cent better than the average analyst estimate. It also has a stellar Earnings Quality Ranking of 16 consecutive weeks. The stock has also outperformed the market due to its low P/S multiples.
The Boeing company’s next expected quarterly earnings announcement is 2023-01-25. That’s more than two years from now, but the company is in good shape. The stock is trading at 1.3x forward expected revenues, and its stock price has risen by an average of 12.5% per year over the last decade, according to research firm FactSet. With its strong balance sheet, it will likely be able to continue its dividend growth.
The Boeing Company has also announced that it is phasing out its aging Dreamliner fleet, which should boost its bottom line. That said, the stock still has room to gain. A strong quarter could result in an upgrade to a higher P/S multiple. As far as the market’s expectations go, the consensus EPS* forecast remains at -8.78 for the fiscal year that ends in December.
Future outlook
During the past ten years, Boeing’s stock has risen 52 times. However, it has fallen 18% this year. With the Federal Reserve raising interest rates, several factors are contributing to the decline of the company’s shares.
On July 27, Boeing reported its Q2 results. Its bottom line came in below analysts’ estimates. Its revenue was also below Wall Street’s forecasts. The top line for the quarter was 12% below the sell-side consensus. The company’s Q3 2021 revenue was -6% lower than Wall Street’s expectations. In addition, the company’s EBIT was -11% lower than Wall Street’s estimates.
After the announcement of the results, Boeing’s stock price rose. It reached a high of $275. But, after two weeks, the share price dropped 7%. It now trades below $192, which is horizontal support. It has also reached a relative strength index of 36, which is bearish.
The recent earnings report has prompted changes in Boeing’s stock projections. Wells Fargo and Citigroup have both reduced their estimates for the company’s stock. However, However, Kristine Liwag of Morgan Stanley has increased the price target for the stock from $274 to $288. In addition, Cowen has raised its price target for the company’s stock to $265 from $250.
Boeing is expected to have vastly improved financial performance in five years. Its EBIT is forecast to return to 2018 levels, and its revenue is predicted to rebound to levels before the 737 Max grounding.
