Market Update (NYSE:BA): SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders With Losses on Their Investment in The Boeing Company of Class Action Lawsuit and Upcoming Deadline – BA

[GlobeNewswire] – NEW YORK, March 08, 2016– Pomerantz LLP announces that a class action lawsuit has been filed against The Boeing Company and certain of its officers. The class action, filed in United States District Court, … Read more on this. The Boeing Company (BA) , currently valued at $80.61B, began trading this morning at $121.98. Looking at the equity, the company’s one day range is $121.33 to $122.90 with the price of the stock fluctuating between $102.10 to $155.99 over the last 52 weeks. BA shares are currently priced at 14.48x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 30.57x earnings multiple. And for passive income investors, the company pays shareholders $4.36 per share annually in dividends, yielding 3.60%. According to a consensus of 17 analysts, the earnings estimate of $1.84 per share would be $0.13 worse than the year-ago quarter and a $0.35 sequential decrease. The full-year EPS estimate is $8.49, which would be a $0.77 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $21.91 Billion. If realized, that would be a 1.08% decrease over the year-ago quarter. More recently, Canaccord Genuity downgraded BA from Buy to Hold (Mar 3, 2016). Previously, Buckingham Research upgraded BA from Underperform to Neutral. Investors should keep in mind is that the average price target is $140.17, which is 14.91% above where the stock opened this morning. See more in (NYSE:BA) Similar Articles: Market Update (NYSE:BA): The Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of The Boeing Company Investors, Investors With Over $1 million In Boeing Investment Losses Are Encouraged To Contact The Firm. Company Update: The Boeing Company (NYSE:BA) – Pomerantz Law Firm Announces the Filing of a Class Action Against The Boeing Company and Certain Officers – BA Company Update: Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) – SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders With Losses on Their Investment in Freeport-McMoRan Inc. of Class Action Lawsuit and Upcoming Deadline – FCX