The shares of The Boeing Company (NYSE:BA) has been pegged with a rating of Outperform by Bernstein in its latest research note that was published on February 5th, 2019. The research company has also assigned a $459 price target. Bernstein wasn’t the only research firm that published a report of The Boeing Company, with other equities research analysts also giving their opinion on the stock. Canaccord Genuity advised investors in its research note published on January 31st, 2019, to Hold the BA stock while also putting a $380 price target. The stock had earned Overweight rating from Morgan Stanley when it published its report on January 10th, 2019. The stock was given Positive rating by Susquehanna in its report released on January 10th, 2019, the day when the price target on the stock was placed at $388. UBS was of a view that BA is Buy in its latest report on August 16th, 2018 while giving it a price target of $515. Societe Generale thinks that BA is worth Buy rating. This was contained in the firm’s report on April 26th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 9 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $427.35. The price of the stock the last time has raised by 38.44% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 74.00.
The shares of the company dipped by -0.06% during the trading session on Friday, reaching a low of $397.8 while ending the day at $404.91. During the trading session, a total of 4.56 million shares were traded which represents a 0.26% incline from the average session volume which is 4.57M shares. BA had ended its last session trading at 405.17. The Boeing Company currently has a market cap of $230.09B, while its P/E ratio stands at 28.31, while its P/E earnings growth sits at 2.37, with a beta of 1.32. BA 52-week low price stands at $292.47 while its 52-week high price is $413.88.
The company in its last quarterly report recorded $5.48 earnings per share which is above the $4.57 predicted by most analysts. The The Boeing Company generated $28,341.00 million in revenue during the last quarter, which is slightly higher than the $26,868.10 million predicted by analysts. In the second quarter last year, the firm recorded $3.58 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 34.67%. The Boeing Company has the potential to record 14.31 EPS for the current fiscal year, according to equities analysts.
Investment analysts at KeyBanc Capital Mkts published a research note on January 14th, 2019 where it informed investors and clients that Cabot Oil & Gas Corporation (NYSE:COG) is now rated as Sector Weight. Canaccord Genuity also rated COG as Reiterated on January 31st, 2019, with its price target of $380 suggesting that COG could surge by 12.81% from its current share price. Even though the stock has been trading at $23.72/share, analysts expect it to surge higher by 0.97% to reach $27.47/share. It started the day trading at $23.95 and traded between $23.47 and $23.95 throughout the trading session.
A look at its technical shows that COG’s 50-day SMA is 24.31 while its 200-day SMA stands at 23.75. The stock has a high of $27.40 for the year while the low is $20.94. The company’s P/E ratio currently sits at 11975.00, while the P/B ratio is 5.04. The company’s average trading volume currently stands at 7.06M shares, which means that the short-interest ratio is just 5.22 days. Over the past seven days, the company moved, with its shift of -4.47%. Looking further, the stock has dropped -7.13% over the past 90 days while it gained 2.35% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Capital Research Management Co bought more COG shares, increasing its portfolio by +14.60% during the last quarter. This move now sees Capital Research Management Co purchasing 6,064,016 shares in the last quarter, thus it now holds 47,588,258 shares of COG, with a total valuation of $1,063,597,566. The Vanguard Group Inc meanwhile sold more COG shares in the recently filed quarter, changing its stake to $1,031,625,176 worth of shares. Sanders Capital LLC followed the path by increasing its COG portfolio by +2.73% in the quarter. This means that Sanders Capital LLC bought 820,881 shares in the last quarter and now controls 30,903,602 shares of the COG stock, with the valuation hitting $690,695,505.
Similarly, T Rowe Price Associates Inc increased its Cabot Oil & Gas Corporation shares by +1,748.71% during the recently filed quarter. After buying 21,956,079 shares in the last quarter, the firm now controls 23,211,636 shares of Cabot Oil & Gas Corporation which are valued at $518,780,065. In the same vein, BlackRock Fund Advisors increased its Cabot Oil & Gas Corporation shares by during the most recent reported quarter. The firm bought 98,494 shares during the quarter which increased its stakes to 21,636,991 shares and is now valued at $483,586,749. Following these latest developments, around 1.50% of Cabot Oil & Gas Corporation stocks are owned by institutional investors and hedge funds.