While the stock markets have significantly recovered from the lows earlier this year, we are currently seeing market failing to gain strong footing for another leg up. Also for Boeing this is the case, but one could also wonder why a name such as Boeing should see appreciation in share prices.
Our KPI for Boeing, which was launched earlier this year, shows that Boeing has been able to book year-over-year growth in gross orders only a handful of times this year but cancellations outpaced any differential in those gross order numbers resulting in significant declines in net orders while the deliveries showed significant pressure as well.
A screenshot from the interactive Boeing KPI Monitor
The KPI for Boeing was developed on the request of readers, who want to have convenient and interactive access to data next to reading the analysis we provide. If you are interested in accessing dashboard such as the Boeing KPI Monitor, consider joining The Aerospace Forum. The service includes multiple models visualizing the state of the industry allowing you, as an investor, to make proper investment decisions. Even after the pandemic, there likely is place for names such as Boeing and having the right tools to assess the rewarding entry points is key.
What we are working on at The Aerospace Forum… and what you are missing when you are not subscribed:
- We are currently working on the Airline Fleet Monitor which maps fleet declines around the world, but also serves as a measure of future opportunities for airlines.
- We currently have over 1,000 contracts loaded in our Defense Contracts Monitor.
- We are currently preparing on adding Raytheon (RTX), Northrop Grumman (NOC) and Textron (TXT) to our Defense Contracts Monitor.
- Commercial Airplane orders for August for Boeing (BA) and Airbus (OTCPK:EADSF) have been added.
- Commercial aircraft pricing for Boeing have been implemented.
- We continue analyzing the commercial aircraft market with detailed insights.
Analyst's Disclosure: I am/we are long BA, EADSF.
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