BA
Boeing and MSC Air Cargo Announce Order for 777-8 Freighters
Article Summary
BUY- MSC Air Cargo (NYSE: MSC) and Boeing announced that the fast-growing air cargo operator has purchased five 777-8 Freighters, with the previously unidentified order being MSC Air Cargo's first for the industry's most-capable twin-engine freighter incorporating advanced technologies from the 777X family and customer-preferred features from the current generation 777 Freighter.
- Boeing has booked more than 80 orders for the 777-9 Freighter, with wide-body freighters accounting for 75 percent of global air cargo capacity as e-commerce continues to grow, while wide-bore freighters offer the highest payload and lowest fuel use, emissions, and operating cost per tonne of any large freighter.
- The Boeing Company is investing in its future with this order for large widebody freighter aircraft that will further enhance the capability and reach of its global air network, with Boeing senior vice president of Commercial Sales and Marketing Brad McMullen saying the aircraft will be the most efficient aircraft in its class and will connect MSC's hubs to key international markets.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 32.7% | 25% | 85.0 ptsExcellent (32.7%) - Strong growth |
| EPS Growth Next 5Y ? | 87.4% | 25% | 100.0 ptsExceptional (87.4%) - Very high expectations |
| Target Price Upside ? | 29.2% | 20% | 75.0 ptsSignificant Upside (29.2%) - Target: $270.84 vs Current: $209.64 |
| Gross Margin % ? | 4.8% | 15% | 10.0 ptsRazor-Thin (4.8%) - Weak pricing power |
| Drawdown from 52-Wk High ? | -17.6% | 15% | 40.0 ptsMild Pullback (-17.6%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About BA
- The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide.
- The company operates through three segments: Commercial Airplanes; Defense, Space & Security; and Global Services.
- The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for passenger and cargo requirements.
- The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration.
- The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers.
- The Boeing Company was incorporated in 1916 and is based in Arlington, Virginia.