FMP
May 28, 2024 4:19 PM - Davit Kirakosyan
JPMorgan analysts reaffirmed their Overweight rating and a price target of $210 for Boeing (NYSE:BA) stock. The analysts adjusted the free cash flow (FCF) estimates for Boeing for the second quarter of 2024 and the entire year, following management's recent investor conference update.
This adjustment is due to a decrease in near-term deliveries of the 737 and 787 models, coupled with the company's efforts to enhance its production processes. Despite the expected $4 billion cash outflow in Q2, Boeing's recent debt raise ensures sufficient liquidity.
Long-term cash flow estimates remain mostly unchanged for now, pending more information on the 737 production ramp-up, Boeing's potential acquisition of Spirit Aerosystems, and the priorities of the incoming CEO, once appointed. The year-end price target is maintained at $210.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...