Boeing’s stock price has been a wild ride over the past few years, thanks to the global travel recession and the 737 Max fallout. After staging a half-hearted recovery in March 2020 and early March 2021, the stock sunk even lower and remained trapped below its downtrending 10-week moving average. It briefly bounced back over the 200-day/40-week moving average in late December after UPS announced the order of more 767 cargo jets.
The company is now looking to issue more stock to improve its balance sheet. The market is likely to reward this move, giving the stock a boost as it recovers from its recent losses. Boeing stock is still trading at a relatively low multiple, but it could offer a nice long-term positioning opportunity. While there are several factors weighing in on Boeing’s future, investors should remain cautious during this downturn and be patient. In the long-term, you can expect the stock to continue its trend upward.
Listed shareholders of Boeing have the right to receive dividend checks, which are sent by the company through its Automated Clearing House (ACH). You must be registered as a shareholder in order to benefit from this service. If you are a registered shareholder, Computershare Investor Services (CSI) will be your transfer agent. You can also benefit from their Dividend Reinvestment Plan, which is administered by the company. You should contact the company to learn more about this benefit.
Analysts follow Boeing in the aerospace industry. These analysts’ reports are published in alphabetical order, and their estimates and forecasts are not necessarily those of management. Although this list is useful for prospective investors, keep in mind that analyst opinions are not necessarily endorsed by Boeing. Hence, if you’re considering buying Boeing stock, you should consider the pros and cons listed above and then decide for yourself. There are plenty of pros and cons to the company, but its current share price presents a great opportunity for entry.
The Boeing Company is a leading aerospace and defense firm headquartered in Chicago. It provides services to airlines and the government, including satellites, missile defense, and human space flight. It operates through four segments: Commercial Airplanes, Defense, Space and Security, and Global Mobility. Among its segments are commercial jetliners, military aircraft, and military weaponry. Boeing is also the largest provider of aftermarket support to airlines. You can find more information about Boeing stock by researching its business.
The company recently took a $3.5 billion non-cash charge on the 787 Dreamliner program, which slowed its deliveries over the past three years. Despite these challenges, the company is confident that the Starliner program will resume soon. But the timing will depend on regulatory approvals. Nonetheless, investors should not buy Boeing stock before the end of 2020. And, in the meantime, the stock price may be a bit higher.