BA investors were likely spooked this afternoon by Reuters's report: "Boeing resumes 777X flight testing after recent engine issue" For more coverage, read the full article here. On the back of this news, Boeing Company sank -4.2% to a price of $187.79. Are the markets overreacting?
Here's an overview of Boeing Company's recent cash flows and operating margins:
|Date Reported||Cash Flow from Operations ($ MM)||Capital expenditures ($ MM)||Free Cash Flow ($ MM)||YoY Growth (%)|
|Date Reported||Revenue ($ MM)||Cost of Revenue ($ MM)||Gross Margins (%)||YoY Growth (%)|
|Date Reported||Total Revenue ($ MM)||Operating Expenses ($ MM)||Operating Margins (%)||YoY Growth (%)|
At today's price of $187.79 per share, Boeing Company is -4.96% away from its target price of $197.6, and on average, analysts give the stock a rating of buy. 1.5% of the company's shares are linked to short positions, and 58.2% of the shares are owned by institutional investors.