The Boeing Co.Find Ratings Reports
BOEING CO's gross profit margin for the first quarter of its fiscal year 2019 is essentially unchanged when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its industry. BOEING CO has very weak liquidity. Currently, the Quick Ratio is 0.26 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity decreased from the same period a year ago, despite already having very weak liquidity to begin with. This would indicate deteriorating cash flow.
At the same time, stockholders' equity ("net worth") has significantly decreased by 89.77% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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|Income Statement||Q1 FY19||Q1 FY18|
|Net Sales ($mil)||22917.0||23382.0|
|Net Income ($mil)||2149.0||2477.0|
|Balance Sheet||Q1 FY19||Q1 FY18|
|Cash & Equiv. ($mil)||7729.0||9891.0|
|Total Assets ($mil)||120209.0||113549.0|
|Total Debt ($mil)||15808.0||12452.0|
|Profitability||Q1 FY19||Q1 FY18|
|Gross Profit Margin||20.99||21.7|
|Return on Assets||8.42||8.23|
|Return on Equity||8105.6||765.63|
|Debt||Q1 FY19||Q1 FY18|
|Share Data||Q1 FY19||Q1 FY18|
|Shares outstanding (mil)||563.41||584.22|
|Div / share||2.06||1.71|
|Book value / share||0.22||2.09|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||6040853.0||6324210.0|
HOLD. BOEING CO's P/E ratio indicates a discount compared to an average of 23.53 for the Aerospace & Defense industry and a value on par with the S&P 500 average of 21.84. For additional comparison, its price-to-book ratio of 1572.86 indicates a significant premium versus the S&P 500 average of 3.32 and a significant premium versus the industry average of 426.77. The price-to-sales ratio is below both the S&P 500 average and the industry average, indicating a discount. The valuation analysis reveals that, BOEING CO seems to be trading at a discount to investment alternatives.
|BA 19.96||Peers 23.53||BA 13.13||Peers 18.58|
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.
BA is trading at a discount to its peers.
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
BA is trading at a significant discount to its peers.
|BA 15.42||Peers 19.60||BA NM||Peers 1.74|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.
BA is trading at a premium to its peers.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
BA's negative PEG ratio makes this valuation measure meaningless.
|BA 1572.86||Peers 426.77||BA 12.77||Peers 67.36|
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
BA is trading at a significant premium to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, BA is expected to significantly trail its peers on the basis of its earnings growth rate.
|BA 1.95||Peers 2.23||BA 5.48||Peers 11.12|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
BA is trading at a discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
BA significantly trails its peers on the basis of sales growth.