Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Boeing Company (The)    BA

BOEING COMPANY (THE) (BA)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

The Boeing Company : Boeing Plans To Return 80% Of Cash To Shareholders

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/22/2013 | 04:46pm CET

Boeing Co.'s (BA) top executives say it plans to return around 80% of its free cash to shareholders, aiming to keep its research and development spending considerably lower over the next decade compared to the significantly delayed and over budget 787 Dreamliner.

Chief financial officer Greg Smith said that the return in the form of dividends and stock buybacks to its investors won't, however, dent the balance of around $11 billion in free cash the company holds.

Boeing chief executive Jim McNerney told Wall Street analysts at its annual investor day that the company wants to shrink record backlogs down and deliver jets to customers sooner and increase cash back to shareholders, as it evaluates production rate increases on its 787 and single-aisle 737s.

Mr. McNerney wants "less worshipping [the backlog of orders], more converting it" with higher production.

Boeing is evaluating the launch of two new wide-body products, a third 787 model and significantly updated 777X, both of which, along side its 737 Max jet, would not reach the research and development levels over the next decade, compared to the all-new 787s initial development, said Mr. McNerney.

The company is resuming share buybacks in 2013, after a four year hiatus, with plans spend between $1.5 to $2 billion this year.

Boeing currently aims to build 10 787s per month by years end, with plans to accelerate 737 production to 42 per month in 2014.

Write to Jon Ostrower at [email protected]

Valeurs citées dans l'article
ChangeLast1st jan.
BOEING COMPANY (THE) -0.28% 352.37 Delayed Quote.16.93%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BOEING COMPANY (THE)
02/21BOEING : Iran agreement in jeopardy over sanctions violations
AQ
02/21Hawaiian Dumps Airbus Order for Boeing Jets
DJ
02/21BOEING : CEO expects Boeing to generate 15 percent of 2018 profit in first quart..
RE
02/21Boeing CEO says Embraer acquisition is a 'not a must do'
RE
02/21Boeing partners with El Al venture fund Cockpit Innovation
RE
02/21BOEING : Airworthiness Directives; The Boeing Company Airplanes
AQ
02/21BOEING : Tailwind Airlines Signs Contracts with AMAC Aerospace
AQ
02/21MERIDIANA LAUNCHES NEW LOOK : Air Italy
AQ
02/21BOEING : Iran Airline Secretly Bought U.S. Jet Parts -- WSJ
DJ
02/20BOEING : Iran Airline Secretly Bought U.S. Jet Parts -- WSJ
DJ
More news
News from SeekingAlpha
02/21Why Boeing's Inventory Analysis Is A Powerful Tool To Predict Stock Returns 
02/21REPORT : Boeing flips Airbus order at Hawaiian Air 
02/21Boeing to generate 15% profit in Q1, CEO says 
02/21Boeing should dream big and consider GE Aviation, analyst says 
02/21The Start Of A New Order Battle 
Financials ($)
Sales 2018 96 970 M
EBIT 2018 11 156 M
Net income 2018 9 392 M
Debt 2018 1 276 M
Yield 2018 1,89%
P/E ratio 2018 22,65
P/E ratio 2019 19,25
EV / Sales 2018 2,18x
EV / Sales 2019 2,06x
Capitalization 210 B
Chart BOEING COMPANY (THE)
Duration : Period :
Boeing Company (The) Technical Analysis Chart | BA | US0970231058 | 4-Traders
Technical analysis trends BOEING COMPANY (THE)
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 385 $
Spread / Average Target 9,1%
EPS Revisions
Managers
NameTitle
Dennis A. Muilenburg Chairman, President & Chief Executive Officer
Jenette Ramos Senior Vice President-Supply Chain & Operations
Gregory D. Smith CFO & EVP-Enterprise Performance & Strategy
Ted Colbert Chief Information Officer
Gregory L. Hyslop CTO, Senior VP-Engineering, Test & Technology
Sector and Competitors
1st jan.Capitalization (M$)
BOEING COMPANY (THE)16.93%210 448
UNITED TECHNOLOGIES CORPORATION-0.68%103 379
LOCKHEED MARTIN CORPORATION10.47%102 431
AIRBUS SE11.83%92 610
GENERAL DYNAMICS7.27%65 869
RAYTHEON13.16%62 816