The Boeing Company sees demand in single-aisle airplanes

The Boeing Company (NYSE:BA). Last Market Price: 57.69, Change: -0.56, % Change: (-0.96%). Shares trade in the range of 56.93 – 58.31 dollars. It has a market capitalization of 42.75B dollars, making it a Large Cap Stock and has 741.09M outstanding shares. The company has a beta of 1.27, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 4.72; P/E of 12.22. It operates in Capital Goods sector and belongs to Aerospace and Defense industry. Percentage shares held by institutional investors is 73%. The company has a 52 week high of $ 80.65 and a 52 week low of $ 56.01. Average volumes of shares traded daily are 6,070,000. Volume traded in the last session was at 4,360,000, 0.72 times the average volume.

• “The North American commercial aviation market improved for a second consecutive year with passenger traffic growth at a modest 3 percent”, said Randy Tinseth, Vice President of Marketing, Boeing Commercial Airplanes, who released Boeing’s 2011 North America market outlook today in Montreal. “The region’s airline industry is poised for long-term, moderate growth. Airlines are expected to continue focusing on capacity discipline and improving financial performance. “

For Q2 (Jun ’11), It had a Net profit margin of 5.69%, an Operating margin of 9.27%. Other Key stats and ratios are : Return on average assets of 5.36%, Return on average equity of 87.41%. The organization has an employee strength of 160,500

Consensus Recommendation is a Outperform.

Estimate for sales for the Year Ending Dec-11 show a mean of 69,095.80 million dollars, an estimate high of 70,589.00 million dollars and an estimate low of 67,170.00 million dollars. A year ago the figures stood at 71,798.50 million dollars.

Estimate for sales for the Year Ending Dec-12 show a mean of 78,506.30 million dollars, an estimate high of 84,094.00 million dollars and an estimate low of 72,815.00 million dollars. A year ago the figures stood at 78,504.60 million dollars.

Estimate for EPS for the Year Ending Dec-11 show a mean of 4.23 dollars, an estimate high of 4.94 dollars and an estimate low of 3.94 dollars. A year ago the figures stood at 4.79 dollars.

Estimate for EPS for the Year Ending Dec-12 show a mean of 5.20 dollars, an estimate high of 5.90 dollars and an estimate low of 4.80 dollars. A year ago the figures stood at 5.70 dollars.

Sales for Quarter Ending Jun-11 was estimated at 16,475.80 million dollars, however the actual sales figure stood at 16,543.00 million dollars, 67.16 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 15,165.20 million dollars, however the actual sales figure stood at 14,910.00 million dollars, 255.19 million dollars less than estimates.

Post Written By: Ed Liston Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.