Streetbeat News

EADSY

Airbus SE

http://www.airbus.com/

CEO

Guillaume Faury

Industry

Aircraft Manufacturing

Open

38.17

Mkt cap

121B

Volume

32K

High

38.19

P/E Ratio

33.80

52-wk high

46.78

Low

37.95

Div yield

0.02

52-wk low

34.10

Airbus SE reported its 9-month revenues at €44.5 billion and Q3 EBIT at €2.7 billion, maintaining its guidance. The free cash flow before customer financing was €-0.8 billion.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 4:49 pm

Spirit Airlines shares rose on Friday after announcing a $519 million aircraft sale to GA Telesis. The sale is expected to enhance liquidity by $225 million by 2025. Spirit also provided a positive update on its Q3 2024 operating margin and cost reduction plans. Despite recent financial challenges, including a blocked JetBlue acquisition and potential bankruptcy considerations, Spirit aims to end 2024 with over $1 billion in liquidity.

Portfolio Pulse from Nabaparna Bhattacharya

October 25, 2024 | 1:33 pm

United Airlines has indicated a downward bias in its capital expenditure outlook due to ongoing delivery delays from aircraft manufacturers Airbus and Boeing. These delays are not expected to be resolved quickly.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:15 pm

Boeing faces a prolonged strike by its workers demanding better wages and pensions, while Airbus plans to cut 2,500 jobs in its Defence & Space division due to financial setbacks. The aerospace industry is under pressure despite strong stock performance.

Portfolio Pulse from Pooja Rajkumari

October 16, 2024 | 11:35 am

Aerospace stocks, including Boeing, GE, and Airbus, face scrutiny over high valuations. RBC analyst Ken Herbert maintains an Outperform rating for these companies but adjusts price targets. Boeing's target is lowered to $200, GE's is raised to $210, and Airbus's is lowered to 160 euros. The iShares US Aerospace & Defense ETF has seen a 22% return in 2024, driven by Middle East tensions.

Portfolio Pulse from Hayden Buckfire

October 15, 2024 | 7:06 pm

Airbus SE reported 85 new aircraft orders, likely from Air India, as part of its 235 gross orders for September 2024. This includes 75 A320neo and 10 A350 jets. Airbus has delivered 497 aircraft in 2024, with 667 gross orders. EADSY shares rose 0.52% recently.

Portfolio Pulse from Akanksha Bakshi

October 10, 2024 | 2:17 pm

Airbus reported 50 aircraft deliveries and 235 gross orders in September. For 2024, deliveries total 497, with 667 gross and 648 net orders from January to September. Additionally, 36 A350 aircraft were delivered in the same period.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 3:48 pm

Deutsche Bank upgraded RTX Corporation from Sell to Hold, raising its price target from $109 to $129, citing aerospace exposure as a key growth driver. The analyst forecasts higher-than-expected Q3 earnings and sees potential for further stock upside.

Portfolio Pulse from Nabaparna Bhattacharya

October 03, 2024 | 6:26 pm

Hawaiian Airlines has announced the implementation of fast and free Starlink Wi-Fi across its entire Airbus fleet. This move is expected to enhance passenger experience by providing reliable internet connectivity during flights.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:01 pm

Triumph Group Inc (NYSE:TGI) has been downgraded by BofA Securities due to uncertainties in aircraft production rates from Boeing and Airbus. The downgrade includes a rating change from Buy to Underperform and a price target reduction from $17 to $12. Concerns include production rates, free cash flow risks, and potential destocking.

Portfolio Pulse from Priya Nigam

September 24, 2024 | 3:54 pm

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