Can A Critical Boeing Supplier (Safran) Continue To Outperform Its Customer? [Seeking Alpha]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.boeing.com/investors/overview/default.aspx
Company Research
Source: Seeking Alpha
Summary Safran and GE’s 50/50 joint venture CFM produces the Leap engine that is in short supply delaying the Airbus 320 and Boeing 737. Airliner seats are also in short supply. Currently six 787s are parked awaiting seats before delivery. Safran is turning around a seat manufacturer with production problems (Zodiac). In the first half of 2018, revenue grew by 23.9%. The operating margin is 14.6% of revenue up one percentage point over the prior year, and income is up 30%. Safran ( OTCPK:SAFRF ) NASDAQ is a French company but much of its business is focused on the US aerospace industry. This makes it less attractive in its local French market. The P/E is 25, which is low for a high growth business. This aircraft equipment business makes carbon brakes, landing gear, and nacelles. The defense business produces jet engines and rocket engines. They employ 58,000 with 37,000 in France. Safran's US business is 25% of sales. I wrote about this company in July projecting 7 to 10
Show less
Read more
Impact Snapshot
Event Time:
BA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BA alerts
High impacting Boeing Company (The) news events
Weekly update
A roundup of the hottest topics
BA
News
- UPDATE 1-FAA probes union claims Boeing retaliated against two engineers in 2022 [Yahoo! Finance]Yahoo! Finance
- Boeing, Spirit agree $425 million deal to address supplier's issues [Yahoo! Finance]Yahoo! Finance
- Elevate Aviation Group announces exclusive access to fleet of DHC Dash-8 aircraft [Yahoo! Finance]Yahoo! Finance
- FAA probes union claims Boeing retaliated against two engineers in 2022 [Yahoo! Finance]Yahoo! Finance
- FAA probes union claims Boeing retaliated against two engineers in 2022 [Reuters]Reuters
BA
Earnings
- 1/31/24 - Beat
BA
Sec Filings
- 4/18/24 - Form PX14A6G
- 4/11/24 - Form PX14A6G
- 4/8/24 - Form 3
- BA's page on the SEC website