Boeing Set For Improved Deliveries And Production Rates, Goldman Sachs Analyst Says
Boeing Set For Improved Deliveries And Production Rates, Goldman Sachs Analyst Says
Goldman Sachs analyst Noah Poponak stated that their analysis suggests that The Boeing Company (NYSE:BA) (Buy rating, $243 price target) is expected to achieve 43 deliveries in June, comprising 34 737 MAX, three 787s, and six other aircraft.
高盛分析師諾亞·波波納克表示，他們的分析表明，波音公司（紐約證券交易所代碼：BA）（買入評級，目標價243美元）預計將在6月份實現43架交付，包括34架737 MAX、三架787和其他六架飛機。
Of these, around 26 of the 737 MAX deliveries are newly produced, with the remainder sourced from inventory. The numbers show an improvement in both total deliveries and production rates compared to earlier in the year, writes the analyst.
其中，在交付的737 MAX中，約有26輛是新生產的，其餘來自庫存。分析師寫道，這些數字顯示，與今年早些時候相比，總交付量和產量都有所改善。
Boeing's 2024 strategy starts with prioritizing product quality over immediate production ramp-up, intending to gradually boost output later in the year to meet demand, says the analyst.
分析師表示，波音2024年的戰略首先是優先考慮產品質量，而不是立即提高產量，打算在今年晚些時候逐步提高產量以滿足需求。
Poponak says that June's numbers mark a preliminary indicator that could support Boeing's approach. Feedback from suppliers suggests that the company maintains monthly MAX deliveries in the 30s and mid-single digits for the 787, aligning with its strategic goals.
波波納克說，6月份的數字標誌着一個可能支持波音方針的初步指標。供應商的反饋表明，該公司將787的每月最大交付量維持在30年代和中個位數，這與其戰略目標一致。
The analyst's target price of $243 is based on achieving a 5.0% FCF yield on the projected 2025 free cash flow per share.
分析師的目標價格爲243美元，基於預計的2025年每股自由現金流實現5.0％的FCF收益率。
Poponak estimates EPS of $1.76 in FY24, $8.29 in FY25 and $13.52 in FY26.
Poponak估計，24財年的每股收益爲1.76美元，25財年的每股收益爲8.29美元，26財年的每股收益爲13.52美元。
However, the analyst cites risks related to air traffic growth pace, production ramp-up challenges in the supply chain, and operational performance in defense contracts.
但是，該分析師列舉了與空中交通增長速度、供應鏈中的增產挑戰以及國防合同的運營業績相關的風險。
Also Read: Boeing Receives Order For Four 777 Freighters From Turkish Airlines
另請閱讀: 波音收到土耳其航空四架777貨機的訂單
This week, Boeing entered into a definitive agreement to purchase Spirit AeroSystems Holdings, Inc. (NYSE:SPR) at $37.25 a share, a 30% premium to Spirit's closing stock price on February 29.
本週，波音簽訂了最終協議，以每股37.25美元的價格收購Spirit AeroSystems Holdings, Inc.（紐約證券交易所代碼：SPR），比Spirit2月29日的收盤股價高出30％。
Boeing stock has lost around 12% in the last 12 months. Investors can gain exposure to the stock via IShares U.S. Aerospace & Defense ETF (BATS:ITA) and Invesco Aerospace & Defense ETF (NYSE:PPA).
在過去的12個月中，波音的股票下跌了約12％。投資者可以通過iShares美國航空航天與國防ETF（BATS: ITA）和景順航空航天與國防ETF（紐約證券交易所代碼：PPA）獲得股票敞口。
Price Action: BA shares closed down 0.60% at $184.31 on Wednesday.
價格走勢：英國央行股價週三收盤下跌0.60％，至184.31美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明： 該內容部分是在人工智能工具的幫助下製作的，並由Benzinga編輯審閱和發佈。
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