October 22, 2014
ATTENTION
Advanced Investors and Finance Professionals:
If you are reading this you should download ValuEngine
Institutional Software to see how VE’s powerful quantitative
tools can increase your productivity and effectiveness. |
VALUATION WATCH IS OFF: Undervalued stocks now make up 54.32% of our stocks assigned a valuation and 18.5% of those equities are calculated to be undervalued by 20% or more. Seven sectors are calculated to be undervalued--two by double digits.
Boeing Going Boing?
--Boeing Posts Great Numbers, Rides Efficient New Passenger Jet Boom
The Boeing Company (BA) is one of the world's major aerospace firms. The company operates in three principal segments: commercial airplanes; military aircraft and missiles; and space and communications.
As the latest round of earnings progresses this week, Boeing has posted some great numbers. The company reported a profit of @ $1.36 billion or $1.86/share--and increase over last year's Q3 figure of $1.51/share. The company reported a 17% increase in earnings for Q3. And, better yet, the company also reported a record backlog of orders thus indicating that the good numbers may be an ongoing trend.
The Wall Street Journal notes that Boeing is boosting its sales thanks to high demand from China as well as an overall move towards newer, more fuel-efficient aircraft designed to mitigate the impact of higher fuel costs. However, all the news isn't golden for the company. US budget cuts at the Pentagon will trim some of the company's defense business. In 2003, defense spending accounted for 56% of Boeing's sales vs. 38% in 2013. They are lacking a big cash-cow military fighter aircraft at the moment--they lost that battle with Lockheed when the DoD decided to go with the F-35.
ValuEngine continues its BUY recommendation on BOEING CO for 2014-10-21. Based on the information we have gathered and our resulting research, we feel that BOEING CO has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Sharpe Ratio.
Below is today's data on BA:
ValuEngine Forecast |
|
Target
Price* |
Expected
Return |
1-Month |
127.69 |
0.45% |
3-Month |
128.90 |
1.40% |
6-Month |
130.35 |
2.54% |
1-Year |
133.95 |
5.37% |
2-Year |
133.54 |
5.05% |
3-Year |
116.62 |
-8.26% |
Valuation & Rankings |
Valuation |
4.20% undervalued |
|
60 |
1-M Forecast Return |
0.45% |
1-M Forecast Return Rank |
82 |
12-M Return |
4.65% |
|
61 |
Sharpe Ratio |
0.77 |
|
90 |
5-Y Avg Annual Return |
17.11% |
5-Y Avg Annual Rtn Rank |
85 |
Volatility |
22.13% |
|
78 |
Expected EPS Growth |
3.48% |
|
21 |
Market Cap (billions) |
92.70 |
Size Rank |
100 |
Trailing P/E Ratio |
15.81 |
|
72 |
Forward P/E Ratio |
15.28 |
Forward P/E Ratio Rank |
50 |
PEG Ratio |
4.54 |
PEG Ratio Rank |
5 |
Price/Sales |
1.05 |
|
66 |
Market/Book |
15.35 |
|
7 |
Beta |
1.12 |
Beta Rank |
45 |
Alpha |
-0.10 |
Alpha Rank |
51 |
ValuEngine Market Overview
Summary of VE Stock Universe |
Stocks Undervalued |
49.79% |
Stocks Overvalued |
50.21% |
Stocks Undervalued by 20% |
17.35% |
Stocks Overvalued by 20% |
13.82% |
ValuEngine Sector Overview
|
|
|
|
|
|
|
|
0.89% |
1.16% |
1.11% |
5.20% overvalued |
3.27% |
23.33 |
|
1.33% |
-1.86% |
-2.28% |
3.99% overvalued |
-1.32% |
20.94 |
|
1.46% |
0.52% |
-6.43% |
3.28% overvalued |
-4.70% |
23.32 |
|
1.45% |
0.62% |
9.08% |
2.83% overvalued |
11.05% |
29.17 |
|
0.79% |
0.35% |
2.26% |
2.68% overvalued |
2.21% |
17.04 |
|
0.78% |
0.76% |
6.00% |
2.61% overvalued |
3.51% |
20.84 |
|
1.02% |
-0.78% |
-6.01% |
2.47% overvalued |
-1.46% |
26.53 |
|
2.35% |
-0.81% |
4.22% |
0.97% overvalued |
7.56% |
18.51 |
|
0.75% |
-3.32% |
-4.62% |
0.46% overvalued |
10.68% |
20.33 |
|
1.47% |
-3.13% |
-0.68% |
0.33% undervalued |
-0.99% |
30.09 |
|
1.80% |
0.65% |
-1.38% |
1.93% undervalued |
0.40% |
23.81 |
|
1.57% |
-1.16% |
-5.59% |
4.41% undervalued |
-1.99% |
21.50 |
|
1.81% |
-3.32% |
-4.80% |
6.16% undervalued |
-5.98% |
15.40 |
|
1.42% |
0.76% |
-3.10% |
8.26% undervalued |
-1.43% |
23.46 |
|
1.18% |
-2.50% |
-3.10% |
10.38% undervalued |
-7.81% |
24.72 |
|
1.56% |
-7.93% |
5.37% |
11.57% undervalued |
-9.74% |
23.64 |
ValuEngine.com Products and Services
With the ValuEngine Forecast 16 Market Neutral Strategy Portfolio Newsletter, you can run your own portfolio like a hedge fund to manage risk and profit in any market environment. |
|
|
With ValuEngine.com's Premium Website Membership you get forecasts, valuations, and recommendations on more than 7,000 stocks updated every trading day!
NO OBLIGATION, 30-DAY FREE TRIAL! |
|
|
|