Your email has been successfully added to our mailing list.

×
-0.000808843354003805 -0.000121326503100571 0.000539228902669076 0.000539228902669076 0.000539228902669076 -0.000269614451334729 -0.000539228902669267 -0.00188730115934215
Stock impact report

Boeing's cash flow goal to be delayed, says Wells Fargo as it downgrades stock [Yahoo! Finance Canada]

AIRBUS SE UNSP/ADR (EADSY) 
NASDAQ:AMEX Investor Relations: otcmarkets.com/stock/eadsy/profile
billion before developing a new aircraft, Wells Fargo said and downgraded the stock. Shares of the Dow component fell more than 7% on Tuesday after lead analyst Matthew Akers pushed Boeing to "underweight" and trimmed the target price to $119, a 32% downside to the last closing price. "Boeing carries about $45 billion net debt and (it) must address this before it kicks off the next aircraft development cycle," Akers said, adding that cutting the debt would consume its cash flow through 2030. The planemaker is working to recover from a crisis sparked by a mid-air accident in January that led to regulatory curbs on its 737 MAX production, which has pressured its free cash flow. "Given a likely new aircraft launch in the next few years, Boeing will need to shore up the balance sheet sooner," said Akers, who is rated three out of five stars for estimate accuracy on LSEG Workspace. "We estimate a roughly $30 billion equity raise to get back to zero net debt by 2027." Boeing, wh Show less Read more
Impact Snapshot
Event Time:
EADSY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
EADSY alerts

from News Quantified
Opt-in for
EADSY alerts

from News Quantified