Boeing (BA) operates in the aerospace and defense industries. It has grown significantly over the years to become one of the largest aircraft manufacturers in the world. Investors have found Boeing to be an attractive option for returns and growth. In this article, I will analyze the financial aspects and performance indicators of this company which have allowed it to become such a strong contender in the stock market.
Boeing has been showing signs of great stability even during the global financial crisis. Sales and income of the company were growing and the investors were getting high returns. This is basically one of the reasons why I have found Boeing to be a good investment option. There are few stocks which can offer high yields and steady returns to investors even when the global economy is facing problems. The financial highlights from the last year suggest that the company will now move steadily forward once the market stabilizes itself.
Market capitalization at the current price is almost $6 billion and the average trading volume is nearly 5 million shares. There are approximately 746 million shares outstanding in the market. Earnings per share (EPS) are more than $5 while the price-to-earnings (P/E) ratio is above 14. The dividend yield is above 2% and the last dividend paid by the company was 44 cents per share. The dividend yield and the earnings are what basically attracted investors in the stock market. Boeing has announced dividends regularly and returns have been increasing with growth in sales and income. To continue reading, click here.
