New Aircraft For Boeing In Paris

The Boeing Company (BA) is one of the world's major aerospace firms. The company operates in three principal segments: commercial airplanes; military aircraft and missiles; and space and communications.

We continue coverage of the airline industry today with the latest news on Boeing. The Paris Air Show is now underway and as part of the big hype surrounding the event Boeing has introduced a new aircraft, the 737 Max 10.

The latest version of this venerable aircraft is designed to compete with the Airbus 321neo. The 737 Max10 can carry up to 230 passengers and Boeing has already booked orders for more than 240 of the planes.

The plane features CFM International LEAP-1B engines, Advanced Technology winglets, Boeing Sky Interior, large flight deck displays, and other improvements designed to lower seat costs and increase profits for airlines.

Bolstering this segment should be good for Boeing since it was lacking a competitor to the Airbus offering at the top of the single-aisle aircraft market.

Below is today's data on Boeing (BA):

We continue our BUY recommendation on BOEING CO for 2017-06-16. Based on the information we have gathered and our resulting research, we feel that BOEING CO has the probability of outperforming average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Sharpe Ratio.

 

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

197.46 0.52%

3-Month

198.35 0.97%

6-Month

206.60 5.17%

1-Year

208.61 6.20%

2-Year

226.46 15.28%

3-Year

241.51 22.94%

 

Valuation & Rankings

Valuation

21.51% overvalued

Valuation Rank

21

1-M Forecast Return

0.52%

1-M Forecast Return Rank

85

12-M Return

51.84%

Momentum Rank

86

Sharpe Ratio

1.00

Sharpe Ratio Rank

91

5-Y Avg Annual Return

19.83%

5-Y Avg Annual Rtn Rank

87

Volatility

19.82%

Volatility Rank

71

Expected EPS Growth

4.39%

EPS Growth Rank

29

Market Cap (billions)

140.05

Size Rank

100

Trailing P/E Ratio

20.85

Trailing P/E Rank

62

Forward P/E Ratio

19.97

Forward P/E Ratio Rank

36

PEG Ratio

4.75

PEG Ratio Rank

9

Price/Sales

1.51

Price/Sales Rank

57

Market/Book

903.53

Market/Book Rank

1

Beta

1.15

Beta Rank

31

Alpha

0.24

Alpha Rank

83

Disclosure: None.

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