Skip to main content




) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense loser. The industry as a whole closed the day down 0.8%. By the end of trading, Boeing fell $1.39 (-1.9%) to $70 on average volume. Throughout the day, 5.2 million shares of Boeing exchanged hands as compared to its average daily volume of 4.1 million shares. The stock ranged in price between $69.66-$71.39 after having opened the day at $71.21 as compared to the previous trading day's close of $71.39. Other company's within the Aerospace/Defense industry that declined today were:

Astrotech Corporation



), down 6.2%,




), down 2.3%,

LMI Aerospace



), down 2.2%, and

Scroll to Continue

TheStreet Recommends

Hexcel Corporation



), down 2.1%.

The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Boeing has a market cap of $53.61 billion and is part of the

industrial goods

sector. The company has a P/E ratio of 12.4, equal to the average aerospace/defense industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 2.4% year to date as of the close of trading on Thursday. Currently there are 18 analysts that rate Boeing a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Boeing as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, compelling growth in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the positive front,

Edac Technologies Corporation



), up 2.8% was a gainer within the aerospace/defense industry with

BE Aerospace



) being today's featured aerospace/defense industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider

iShares DJ US Aerospace & Def Idx



) while those bearish on the aerospace/defense industry could consider

ProShares Short Dow 30