The Question of Boeing’s Future

The Boeing Company is considered as the world’s largest aerospace company and a leading manufacturer of fixed-wing aircraft, rockets, rotorcrafts and satellites. Its division is comprised of Boeing Capital, Boeing Commercial Airplanes, Boeing Defense, Space and Security, Boeing Shared Services Group and Engineering, Operations and Technology. Among these, the largest divisions are Boeing Commercial Airplanes and Boeing Defense, Space and Security. As the premier manufacturer of jetliners for more than 45 years, it serves as the prime standard of class in commercial aviation. It is currently engaged in the production of 737s, 747s, 767s, 777s and the Boeing Business Jet. On the other hand, its Boeing Defense, Space & Security Division offers air, land, sea and space developments for the military, the government and its commercial consumers.

Even though it posted a strong 2014 1^st quarter results, investors are still uncertain of the company’s future after the US decided to cut its defense budget thus putting its revenues from high-cost programs at risk.

The Boeing Company stock quote showed shares of The Boeing Company traded down 1.26% on April 29. This placed the BoeingCompany stock at $127.04. 4,354,136 shares of the company’s stock traded hands. The Boeing Company has a one year low of $90.72 and a one year high of $144.57. The stock’s 50-day moving average is $125.5 and its 200-day moving average is $130.1. The company has a market cap of $92.641 billion and a P/E ratio of 22.18. The Boeing Company stock Chart added more to investors’ skepticism as to when the company will be back to “buy” rating and placing it once again in the skies.