Stock Update: The Boeing Company (NYSE:BA) – SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Boeing Company – BA

[PR Newswire] – NEW YORK, Feb. 11, 2016 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of The Boeing Company (“Boeing” or the “Company”) (BA). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980. On this news, Boeing shares have fallen as much as $14.26, or 12.3%, to $102.10 during intraday trading on February 11, 2016. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Read more on this. The Boeing Company (BA) , valued at $70.35B, began trading this morning at $113.35. Looking at the equity, the company’s one day range is $102.10 to $113.40 with the price of the stock fluctuating between $102.10 to $158.83 over the last 52 weeks. BA shares are currently priced at 14.07x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 42.10x earnings multiple. And for passive income investors, the company pays shareholders $4.36 per share annually in dividends, yielding 3.56%. Consensus earnings for the current quarter by the 16 sell-side analysts covering the stock is an estimate of $1.87 per share, which would be $0.10 worse than the year-ago quarter and a $0.32 sequential decrease. Investors should also note that the full-year EPS estimate of $8.49 is a $0.77 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $21.88 Billion. If realized, that would be a 1.22% decrease over the year-ago quarter. More recently, Standpoint Research upgraded BA from Hold to Buy (Jan 14, 2016). Previously, Wells Fargo downgraded BA from Outperform to Market Perform. The average price target for BA shares by the analysts covering it is $148.17, which is 30.72% above where the stock opened. See more in (NYSE:BA) Similar Articles: Company Update: Sempra Energy (NYSE:SRE) – SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Shareholders of Sempra Energy – SRE Company Update: The Boeing Company (NYSE:BA) – UTC Aerospace Systems and Boeing celebrate the first flight of the 737 MAX Company Update: The Boeing Company (NYSE:BA) – Boeing pays $18 million to settle false claims allegations: Justice Department