Large-cap industrials company Boeing has moved 4.0% this evening, reaching $204.54 per share. In contrast, the average analyst target price for the stock is $232.63.
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company is based in the United States.
Make Sure to Consider the Following Before Buying Boeing:
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Boeing has moved 18.0% over the last year.
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BA has a forward P/E ratio of 44.6 based on its EPS guidance of 4.59.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of -21.8%.
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The company has a price to earnings growth (PEG) ratio of -0.28.
Boeing Has a Pattern of Improving Cash Flows
Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
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2023 | 9,204,000 | 1,374,000 | 7,830,000 | 241.92 |
2022 | 3,512,000 | 1,222,000 | 2,290,000 | 152.09 |
2021 | -3,416,000 | 980,000 | -4,396,000 | 77.7 |
2020 | -18,410,000 | 1,303,000 | -19,713,000 | -360.58 |
2019 | -2,446,000 | 1,834,000 | -4,280,000 | -131.47 |
2018 | 15,322,000 | 1,722,000 | 13,600,000 |
Boeing's free cash flow history is impressive because it displays year-on-year increases over the last 6 years. Averaging out at $-778.17 Million, and following a compounded average growth rate of -8.8%, investors who focus on cash flow growth should do further research on this firm.