By
Press J to jump to the feed. The reason I didn't buy yet? Since the stock market crash in March caused by coronavirus, The Boeing Company's share price has had significant negative movement. r/boeing: A subreddit for anyone interested in the company Boeing. Plus all international competition is now going to have 50% tarrif. But none of this likely matters in today's crazy markets, where fundamentals don't matter and financial engineering rules to the detriment of actual engineering. Here you can share videos, pictures, news articles; anything related to Boeing! Boeing should redesign the plane, in my opinion. Here you can Boeing set aside $5 billion to compensate the airlines for the 737 Max situation, but I don't think $5 Billion is the ceiling on this mess. Boeing stock has soared like a rocket this week. The stock has a Moderate Buy consensus rating, based on 13 Buys, 6 Holds and 1 Sell. A subreddit for anyone interested in the company Boeing. You need millions/billions of money for R&D, engineering, designing a new aircraft which means you need state funding or need to be Elon Musk, Jeff Bezos or alike. Between 2000 and 2013 it's stock effectively went nowhere. Engineers knew by August 2017 that there were possible problems with the aircraft, although senior management was apparently not aware of their concerns. For example, I also had my eyes on Boeing since the disaster. I’ve been eyeing this too. When they increased the size of the plane, the software was always required for stability. Boeing’s stock price was down by as much as 1.1% on Monday, going against the grain of a wider market rally. Pretty sure they have a 12-figure backlog, that doesn't hurt. But the stock … Shit i thought 190 was a steal, New comments cannot be posted and votes cannot be cast. The problem is that there wasn't demand for it so it's not like airlines are forced to find a replacement. Check out our wiki and Discord! Boeing's stock used to be a slow performer up to 2013. Boeing stock has had a significant run-up in price since late October when it was hovering around $140, but continued volatility and short-term profit-taking are likely to be with us in February. don't forget that Boeing is an important contractor for the Pentagon, at least 1/3 of its business and revenues ... and they do not have to compete with airbus for that business .... https://www.janes.com/article/89792/boeing-military-deliveries-offset-sluggish-commercial-sector. So should I wait for the bailout + fallout and then prepare to buy super cheap stocks as it recoups? Yet BA stock is … Airbus disrupted Boeing’s monopoly in the 90s with building the first A320. It has an civil aircraft backlog on orders for the next 7-10 years and the duopoly with Airbus brings a lot of customers to them only because Airbus can’t deliver the market demand for all airlines. For that reason, I'm willing to buy Boeing once it starts fixing it's mistakes. China, South Korea, Japan, India, Middle East, Russia. Because of two crashes of its B-737 MAX 8 planes, the planes have been grounded throughout the Well they have missed out on like 40% of their normal earnings the last two quarters so you have to normalize for that to make the P/E number mean anything at all. When a company generates too much excess cash, that far exceeds the investable opportunity to grow the business, they have little to do with that cash and the best way to return money to shareholders will be to buyback stock when it is trading below intrinsic value. Press question mark to learn the rest of the keyboard shortcuts. ET on 247WallSt.com Reddit Stocks: GME, AG, UWMC, RKT and Other Top Names on r/WallStreetBets Today The 7-10 year backlog reads to me as an industry primed for disruption. Boeing shares hit a fresh seven-year low Thursday after analysts at Cowen & Co. slashed their price target on the struggling planemaker amid questions over the … Almost any post related to stocks is welcome on /r/stocks. Its last market close was $216.45, which is 34.48% down on its pre-crash value of $330.38 and 143.20% up on the lowest point reached during the March crash when the shares fell as low as $89. I'm personally waiting on a sub $100 pricepoint before I start buying en masse. In Tuesday's stock market breakdown, Jim Cramer talks Moderna, Boeing, Estee Lauder, the FTC, the Fed and more. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. On March 25 its stock popped at its peak nearly 32% — leading the Dow Jones Industrial Average … Don't forget, BA's stock performed over the past 6 years due to over $40 billion spent on stock buybacks; it was not fundamentals. If they get a bail out, shares will be diluted... bail outs are meant to help the company survive not help the shareholders... at least that was Obama thinking... with the orange clown, who knows. Boeing stock has crashed harder and rallied less than the rest of the stock market on this bumpy ride down. Boeing, DraftKings, Campbell Soup and Oracle were our top stock trades for Thursday. From 2013 through Q1 2019, Boeing has blown a mind-boggling $43 billion on share buybacks. Boeing stock dropped 1.29% on Monday amid a broad market pullback. Boeing stock is on the brink of crashing below $100. Am I missing something or is this crazy for a company that is currently in so much controversy? My opinion is that Boeing stock seemed ridiculously inflated to me before with all the 737 Max issues. Not China but Asia being the biggest market will bring a lot of growth to Airbus and Boeing and C919 will be a little to nothing change. Check out our wiki and Discord! Boeing Co said on Wednesday it still expects U.S. regulatory approval for its grounded 737 MAX in the fourth quarter, sending its shares higher despite a slump in quarterly profit. The company’s unique problems converge at an overwhelming nexus of individual corporate, industry-level, and global macro misfortune. news of boeing maxing out on their line of credit is pretty telling about their liquidity issue. Welcome to /r/StockMarket! Their negativity is generated by “Treasury Stock” being boosted by share buybacks. Not comparable, New comments cannot be posted and votes cannot be cast. This is a company that has little wiggle room left. Boeing Stock a Strong Contrarian Play U.S. aircraft maker Boeing (BA) has been in the news lately, and not for good reasons. No competition. They added a system to minimize the effect making it easier to fly. Wish i had more funds i want to buy! I would disagree respectfully in that share buybacks are an artificial boost to share prices. If not I might take advantage of the post bailout fallout and buy after the stocks tank. | Source: Yahoo Finance The 737 MAX 8 aircraft, enduring scrutiny for its Lion Air crash last October, was delivered in May of 2017. Only 0.16% of the stock of The Boeing is held by insiders. In fact, Boeing’s assets are slightly higher than their liabilities. In the last week of February, Boeing stock tested down to the 200-week moving average and held this area as support. Maybe ride some call options when I feel like it's on the rise? Long term looks great. MCAS is not a stall prevention feature, it only is designed to regulate pitching motion due to thrust increases. Can you explain how stockholders ended up naked? An Air Canada flight operating a Boeing 767 was forced to make an emergency landing in Madrid over technical issues. Press J to jump to the feed. I get that it’s a hard business, but somewhere someone’s going to put the money in to compete. Index DJIA S&P500 P/E-EPS (ttm)-20.73 Insider Own 0.10% Shs Outstand 575.50M Perf Week 3.35% Market Cap 135.34B Forward P/E 42.45 EPS next Y 5.43 Market is changing from Hub business (which prefers big jets) to direct connection flights (which prefers smaller long range jets). The 737 MAX crashes and coronavirus pandemic are not one, but two “black swan” events , unpredictable developments that hit The Boeing Company specifically with existential shocks. I can’t see how they’ll keep buying from a duopoly forever rather than at least 1 or 2 of them building truly competitive industries of their own. Press question mark to learn the rest of the keyboard shortcuts. Let's have a look at the charts to see what's going on. Literally every modern fighter would fall out of the sky if left solely to the pilot to fly. Boeing stock (NYSE:BA) continued to slide into a second day of losses, creating some drag on the Dow Jones Industrial Average. In other words, it has a highly leveraged capital structure with $5 billion more in liabilities than in assets. Production is stopping after orders are fulfilled, most airlines will continue to operate for years. Boeing (NYSE: BA) stock has been a mixed bag for awhile. Boeing (NYSE: BA) is a … Boeing stock is a classic example of a company too big and hard to fail, but this does not make it any more attractive now. Stock screener for investors and traders, financial visualizations. While I agree with that Boeing is a good stock to get, I disagree with your argument. The company’s quasi-monopolistic market position and strong defense contracts remain huge benefits. Boeing still currently trades at an almost 38 P/E Ratio. (Yes I know the long term outlook is they will get past the max situation, just wondering how the P/E is still so high). The Chinese C919, a direct B737 competitor, is entering the Chinese market in 2021. Another look at the Reddit Rebellion and some insight into Rocket Companies and Boeing Podcast Transcript Jeffrey again with another edition of Stock Smart, the January 29th 2021 edition for Friday. Percentage Held by Institutions 51.41% of the stock of The Boeing is held by institutions. The Boeing 747 was nearly as big but is also retired since 2017. Using software to solve a major hardware problem (the plane stalling when the pilot punches it) is ridiculous. Boeing … I’m interested to hear what others thoughts are. Disruption is not a thing invented in the 21 century. Afterwards you need to get all parts of the aircraft certified by FAA, TCCA, EASA and other authorities and make month of flight tests. Airbus A380 has had no direct competition with Boeing aircraft. The Boeing Company (NYSE:BA) is not the most popular stock in this group but hedge fund interest is still above average. Literally every aircraft in existence pitches up when you add power. I have faith that the company won't go under, and as like many, we're all ready to buy, but many (like me) keeps wondering when will the company's leadership gain enough confidence to make sure we're not all catching a falling knife? There a real danger that Boeing has lost China, it's single largest market. Btw, Delta Airlines (DAL) has no 737 Maxes in their fleet. GM '08), imo the risk/reward just isn't there to warrant a position. Just because a company will still be in operation in 10 years time don’t mean it … With the B737 the single most important plane for BA's bottom line saying "no competition" is akin to the Black Knight's flesh wound. GM '08) imo the risk/reward just isn't there to warrant a position. High institutional ownership can be a signal of strong market trust in this Next Boeing’s biggest competition comes from Airbus A320 direct competitor to B737 where the market is nearly shared 50/50. Doesn't seem too crazy compared to NFLX trading at 130 P/E even after the drop. And This was known. they can get bailed out and common stock can still get wiped out (i.e. Boeing stock surged past the rest of the Dow in Monday trading. It's true that some airlines like SQ and AF are starting to downsize but the replacements have already been picked. It mainly hinges on a vaccine-fueled recovery in 2021. For those scoffing at the idea, … The stock ended down 23.8% at $129.61, below the $138.72 it closed on the last trading day before Muilenburg’s appointment as chief executive officer on July 1, 2015. The Dow Jones Industrial Average rose by as much as 311 points before paring gains. Boeing just got given even more of a monolopy. Boeing's stock used to be a slow performer up to 2013. Between 2000 and 2013 it's stock effectively went nowhere. It could never fly without the software. combine that with their enormous debt load, negative cash flows after 737 max crisis which will further be exacerbated by coronavirus supply issues and management opting to buyback 100b+ worth of stock when the company was trading at 300+ makes me think a GM style bailout is in the works which means common stock shareholders get demolished.
Why Are Specialty Crops Important,
Cse 154 Fall 2018,
Nedbank Branch Code Cape Town,
Urban Exploration Newcastle,
Skyrim Switch Vs Ps4 Reddit,
Lidl Protein Balls Calories,
Houses For Sale Hoar Cross,
Teaching Assistant Interview Written Test,
National Bank Salary Scale,
Teta Bursary Online Application 2021,
Lord Of The Rings Movie Mla Citation,
About the Author