Caritta Canty

Written by Caritta Canty

Published: 04 Sep 2024

50-facts-about-ba-stock
Source: 247wallst.com

Boeing, known by its stock ticker BA, stands as a giant in the aerospace industry. Founded in 1916, this company has weathered numerous storms, from production issues to market volatility. Boeing's market value hovers around $107.05 billion, with 615.47 million shares outstanding. Despite its rich history, recent years have been challenging. The EPS for the trailing twelve months is -$5.63, reflecting significant losses. Boeing suspended its dividend payments in March 2020, adding to investor concerns. Yet, deals like the $20 billion agreement with Qatar Airways show potential for recovery. Understanding these facts offers a comprehensive view of BA stock today.

Table of Contents

Company Overview

Boeing, often called BA, stands as a giant in the aerospace industry. With a history stretching back to 1916, Boeing has been a cornerstone in aviation for over a century. Here are some key facts about Boeing's stock and financial performance.

  1. Boeing is a multinational corporation that develops, manufactures, and delivers commercial jetliners, military aircraft, satellites, space and satellite systems, and defense, space, and security systems.
  2. The company also provides services to its commercial and defense customers, including maintenance, support, and training.

Market Value and Shares

Understanding Boeing's market value and shares outstanding gives insight into its size and investor interest.

  1. As of the latest data, Boeing's market value stands at approximately $107.05 billion.
  2. Boeing has 615.47 million shares outstanding.

Earnings and Dividends

Boeing's earnings per share (EPS) and dividend history reveal its financial health and shareholder returns.

  1. The company's earnings per share (EPS) for the trailing twelve months (TTM) is -$5.63, indicating a significant loss.
  2. The P/E ratio for Boeing is not available as of the latest data.
  3. Boeing does not pay a dividend, having suspended dividend payments as of March 20, 2020.

Recent Developments

Boeing's recent deals and announcements shape its current market position and future prospects.

  1. In January 2022, Boeing reached a deal with Qatar Airways to sell up to 50 of its 777-8 cargo planes for more than $20 billion.
  2. On October 27, 2021, Boeing released its earnings results for Q3 FY 2021, missing consensus estimates on both adjusted EPS and revenue.
  3. Production issues related to the 737 MAX and 787 Dreamliner have significantly hampered Boeing's financial performance.
  4. On October 12, 2021, Boeing announced that its employees in the U.S. must show proof of vaccination against COVID-19 by December 8.

Stock Splits and CEO

Stock splits and leadership changes can impact investor sentiment and company direction.

  1. Boeing has split its stock a total of 15 times, with the most recent split being a 2-for-1 split on May 16, 1997.
  2. David L. Calhoun is the CEO and president of Boeing, positions he assumed in January 2020.

Employee Count and Stock Price

The number of employees and current stock price provide a snapshot of Boeing's scale and market performance.

  1. Boeing has approximately 125,000 employees in the U.S.
  2. As of the latest data, the stock price of Boeing is $173.74, with a change of +0.86%.

Long-Term Performance

Boeing's long-term stock performance and valuation estimates offer a broader perspective on its market standing.

  1. Over the longer term, BA dipped 23.6% over the past 52 weeks and 33.4% in 2024, substantially underperforming the industrials sector.
  2. Forbes estimates Boeing's valuation to be $228 per share, reflecting an upside of more than 35% from its current levels of $170.
  3. BA stock has faced a notable decline of 25% from levels of $215 in early January 2021 to around $165 now.

Returns and Revenue

Examining returns and revenue highlights Boeing's financial trends and challenges.

  1. Returns for the stock were -6% in 2021, -5% in 2022, and 37% in 2023.
  2. Boeing’s revenue of $16.6 billion in Q1 was down 8% y-o-y, primarily due to a 36% decline in total commercial airplane deliveries.

Segment Sales and Guidance

Boeing's segment performance and future guidance provide insight into its operational strengths and strategic direction.

  1. Global services segment sales were up 7%, and defense, space, and security revenue was up 6% in Q1.
  2. The company did not provide any guidance for 2024 while maintaining its outlook for 2025-26.

Historical Dividends and Ex-Dividend Date

Boeing's dividend history and ex-dividend dates are crucial for income-focused investors.

  1. Boeing has a history of paying dividends, but it suspended dividend payments as of March 20, 2020.
  2. The ex-dividend date is established by the New York Stock Exchange and applies only to trades on the NYSE.

Stock Split Impact and Fractional Shares

Understanding the impact of stock splits and how fractional shares are handled can clarify investor expectations.

  1. In a stock split, the NYSE may defer declaring the stock "ex-distribution" until after the payment date.
  2. Fractional share certificates are not issued in Boeing's stock splits. Instead, shareholders with odd numbers of shares before a split are sent a check for the value of one half of a share.

Analyst Coverage and Historical Performance Metrics

Analyst opinions and historical performance metrics provide a deeper look into Boeing's market perception and financial history.

  1. Boeing is followed by a number of industry analysts, including those listed below in alphabetical order by firm.
  2. Boeing’s historical performance metrics show a roller-coaster ride, with significant fluctuations in stock price and revenue over the years.

Valuation Multiple and Forecasted Sales

Valuation multiples and sales forecasts help gauge Boeing's future financial health and market potential.

  1. A slight decline in the valuation multiple from its historical average for Boeing seems justified given the ongoing safety issues.
  2. Boeing is expected to have sales of around $83 billion for the company in 2024, with an adjusted loss of $0.56 per share.

Segment Performance and Commercial Airplane Deliveries

Boeing's segment performance and airplane deliveries are critical to its overall revenue and market position.

  1. The global services segment has shown resilience, with sales up 7% in Q1.
  2. Commercial airplane deliveries have been a major challenge for Boeing, with a 36% decline in Q1.

Safety Issues and Market Volatility

Safety concerns and market volatility have significantly impacted Boeing's financial performance and stock price.

  1. Ongoing safety issues related to the 737 MAX and 787 Dreamliner have significantly hampered Boeing’s financial performance.
  2. Market volatility, particularly due to the COVID-19 pandemic, has affected Boeing’s stock performance and revenue.

Valuation Estimate and Revenue Decline

Valuation estimates and revenue trends provide a clearer picture of Boeing's financial outlook.

  1. Forbes estimates Boeing’s valuation to be $228 per share, reflecting an upside of more than 35% from its current levels of $170.
  2. Boeing’s revenue declined by 8% y-o-y in Q1, primarily due to a 36% decline in total commercial airplane deliveries.

Segment Sales Growth and Guidance for 2024

Boeing's segment sales growth and future guidance highlight its operational strengths and strategic plans.

  1. Despite the decline in commercial airplane deliveries, the global services segment saw a 7% increase in sales.
  2. Boeing did not provide any guidance for 2024, maintaining its outlook for 2025-26.

Historical Stock Performance and Current Stock Price

Boeing's historical stock performance and current price offer a snapshot of its market journey and present standing.

  1. Historical stock performance shows that BA has faced significant challenges, including production issues and market volatility.
  2. As of the latest data, the stock price of Boeing is $173.74, with a change of +0.86%.

Employee Vaccination Mandate and Stock Split History

Boeing's employee policies and stock split history reflect its operational decisions and investor relations.

  1. Boeing employees in the U.S. must show proof of vaccination against COVID-19 by December 8.
  2. Boeing has split its stock 15 times, with the most recent split being a 2-for-1 split on May 16, 1997.

CEO Experience and Employee Count in U.S.

Leadership experience and employee count provide insight into Boeing's management and workforce scale.

  1. David L. Calhoun has extensive executive, management, and operational experience.
  2. Boeing has approximately 125,000 employees in the U.S.

Recent Deals and Earnings Miss

Recent deals and earnings results highlight Boeing's market activities and financial performance.

  1. In January 2022, Boeing reached a deal with Qatar Airways to sell up to 50 of its 777-8 cargo planes for more than $20 billion.
  2. On October 27, 2021, Boeing released its earnings results for Q3 FY 2021, missing consensus estimates on both adjusted EPS and revenue.

Production Challenges and Market Volatility Impact

Production issues and market volatility have significantly influenced Boeing's financial health and stock performance.

  1. Production challenges related to the 737 MAX and 787 Dreamliner have significantly impacted Boeing’s financial performance.
  2. Market volatility, particularly due to the COVID-19 pandemic, has affected Boeing’s stock performance and revenue.

Valuation Estimate Basis and Forecasted Financials

Valuation estimates and financial forecasts provide a forward-looking perspective on Boeing's market potential.

  1. The valuation estimate of $228 per share is based on 1.8x revenues for BA, slightly lower than the 2.0x average value over the last five years.
  2. Boeing is expected to have sales of around $83 billion for the company in 2024, with an adjusted loss of $0.56 per share.

Boeing's Financial Landscape

Boeing's financial journey has been a roller-coaster. With a market value of $107.05 billion and 615.47 million shares outstanding, the company has faced significant challenges. Earnings per share (EPS) for the trailing twelve months (TTM) is -$5.63, reflecting a tough period. Production issues with the 737 MAX and 787 Dreamliner, coupled with the COVID-19 pandemic, have hit hard. Despite these hurdles, Boeing remains a key player in aerospace, securing deals like the $20 billion sale to Qatar Airways. The stock price sits at $173.74, with Forbes estimating a potential rise to $228 per share. While the company didn't provide guidance for 2024, it maintains an optimistic outlook for 2025-26. Boeing's resilience in its global services and defense segments offers a glimmer of hope amid ongoing challenges. Understanding these facts paints a comprehensive picture of BA stock's current state.

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