Looking at top Wall Street opinions, The Boeing Company (NYSE: BA) has recently made its way into the research list of Barclays – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Equal Weight in the eyes of Barclays, whereas its previous rating was Overweight in the eyes of Barclays, as reported on Tuesday, May 7th, 2019. Another heavy-hitting research note was published by BofA/Merrill on Monday April 8th, 2019, with this firm downgrading BA to an updated rating of Neutral from its previous rating of Buy. In the past six months and three months of trading, shares of The Boeing Company (BA) have moved by 6.60% and -11.55%, respectively.
Brokerage Updates Related to The Boeing Company (BA) Stock
This publicly-traded organization generated gains of 4.40% over the last 5 sessions. Right now, this stock is the subject of 25 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a single analyst have given an underperform rating, 2 has given a sell rating and 10 have given a rating of Buy or better. Based on the 25 stock market experts following this company, the average 12-month price target is $421.05. Moreover, individual price targets range between $367.00-$500.00. With its recent move to $434.00, we can see that these firms project this stock will loss by -4.00% in one year.
Updates from The Boeing Company (BA) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.10% rise since the beginning of the calendar year. A SVP, Human Resources at The Boeing Company (BA) sold off some of its shares in a transaction that was finalized on Feb 13. Similarly, LUTTIG J MICHAEL sold 8,500 shares of the organization’s stock at $410.46 apiece and racked up $3,488,886 in earnings from the sale. Now, LUTTIG J MICHAEL holds 3,846 shares of the company following the exchange. A CIO & SVP, Info & Analytics of the organization named COLBERT THEODORE III, was engaged in a transaction that occurred on Feb 11 that managed to be worth $873,712 from the sale of 2,137 common shares at a price of $408.85 per individual share.
The Boeing Company (NYSE:BA) Results in the Pipeline
The next scheduled release of financial results for The Boeing Company will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $3.16. In the same vein, they expect sales for the quarter to amount to $22,983.20 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $22,917.00 million in revenue alongside EPS at $3.16. On average, the analyst projection was calling for $28,341.00 million with $5.48 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $25,146.00 million, with earnings per share ending up at $3.58.
Glu Mobile Inc. (NASDAQ:GLUU) experienced a gain of 1.11% from the closing price in the previous trading day. That boost the price to $7.28 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,420,518 shares of stock – compared to the typical average of 2.65M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $11.51.
Pricing Indications for Glu Mobile Inc. (GLUU)
This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 9.78 from its observable 50-day simple moving average. Right at this moment, the per-share value is -14.38% lower than the mean per-share price over the last 200 days in the market.
Glu Mobile Inc. (NASDAQ:GLUU) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 4 have a Buy rating, 2 have an outperform rating, while 1 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.00, based on information from Thomson Reuters.
GLUU Stock Value Potential
In trading activity as of late, this stock’s value was 8.50 up from its 200 day moving average, while also -26.11% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $9.00-$14.00. The market value for the entire organization reached 1.04B. In the last trading session, the price ended the day at $7.20. The institutional holdings related to this organization account for 1.20%, and the Beta factor is now 0.88. This company’s RSI (Relative Strength Index) managed to hit 23.60.
Glu Mobile Inc. (NASDAQ:GLUU) Analyst Points of Focus
Glu Mobile Inc. (GLUU) has found itself inside of Wedbush ’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Outperform, compared to its previous rating of Neutral by Wedbush , as garnered from a news report on Friday June 7th, 2019. An additional helpful research note was sent out by Stephens’s on Friday January 11th, 2019. The brokerage decided to initiated GLUU to Overweight.