BA | Boeing Corp.

207.19 -2.62 (-1.27%) Buy BA

BA Price Profile

Open Price:

$212.85

Close Price:

$207.19

High Price:

$212.85

Low Price:

$206.11

Prev. Close:

$209.81

50 Day MA:

$218.00

52 Week High:

$278.57

52 Week Low:

$141.58

Trading volume:

6,336,077

Market cap:

124.83B

PE Ratio (TTM):

58.37

Diluted EPS (TTM):

-15.23

Quarterly Revenue

growth YOY: 0.44

Quarterly Earnings

growth YOY: -0.496

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Boeing Corp. (BA) Company Profile

Boeing is an American aerospace company that designs, develops, manufactures, sells, services a range of aircraft, including commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems.

Through its subsidiaries, the company serves clients worldwide. Boeing was founded on July 15th, 1916, in Seattle, Washington State. William Boeing founded the company. The company went public on January 2nd, 1962, and it trades on the New York Stock Exchange (NYSE) under the ticker BA. Boeing manages its operation through four key components:

  • Commercial Airplanes. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft and provides support services to the commercial airline industry.
  • Defense, Space & Security. The Defense, Space & Security segment deals with research, development, production, and modification of human-crewed and unmanned military aircraft and weapons systems.
  • Global Services. The Global Services segment deals in supply chain and logistics management, engineering, maintenance and improvements, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers.
  • Boeing Capital. It provides financing services and manages financing exposure for a portfolio of equipment under operating and finance leases.

Boeing’s main competitors

  • Northrop Grumman
  • General Dynamics
  • SpaceX
  • BAE Systems
  • Airbus
  • Lockheed Martin

Key Boeing Milestones

In the wake of the financial crisis, between 2010 and 2018, Boeing increased its operating cash flow from $3 to a whopping $15.3 billion. The increase sustained its share price by negotiating advance payments from customers and delaying payments to its suppliers. 

In 2011, Boeing won a $32 billion contract from the Department of Defense to produce 179 KC-46 tankers. This was Boeing’s single highest military contract. 

In May 2020, as the company was going through losses from the coronavirus pandemic, Boeing raised $25 billion in a multi-tranche bond offering. After raising $25 billion, Boing ruled out seeking government support.

Following the grounding of Boeing’s 737 Max fleet for over a year, The Federal Aviation Administration (FAA) cleared the fleet to fly again in November 2020.

 Boeing Frequently Asked Questions

Does Boeing pay dividends?

Boeing pays dividends quarterly. However, it suspended dividend payment in 2020 in a bid to remain afloat in the wake of the coronavirus pandemic.

Has Boeing stock undergone a split?

Since going public, the Boeing stock has split five times, typically on a 2-for-1 ratio.

How much did Boeing receive in Federal Government Stimulus Package?

The airline was allocated $17 billion in aid from the government.

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