BBD.B
Bombardier Inc., Toronto symbols BBD.A $4.56 and BBD.B, recently reported better-than-expected earnings. However, the company may have to cut its regional-jet production, due to slowing demand. That caused the stock to fall.
In the three months ended July 31, 2011, Bombardier’s earnings rose 56.7%, to $210 million, or $0.12 a share (all amounts in U.S. dollars). A year earlier, the company …read more »
Bombardier was a favourite of momentum traders in the 1990s, and the stock peaked at over $26 in 2000. However, 9/11 and two recessions cut the company’s share price to under $3 in 2009. In response, Bombardier aggressively cut its costs. It also expanded its railcar business. That lowered its exposure to the highly cyclical aircraft industry.
These moves have significantly …read more »
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Tip of the …read more »
BOMBARDIER INC. (Toronto symbols BBD.A $4.97 and BBD.B $4.98; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.7 billion; Market cap: $8.5 billion; Price-to-sales ratio: 0.5; Dividend yield: 2.0%; TSINetwork Rating: Average; www.bombardier.com) is the world’s third-largest commercial-aircraft maker, behind Boeing and Airbus. Its aerospace division supplies roughly half of its revenue. The other half comes from its transportation …read more »
The recession forced airlines to cut spending on new planes, flight simulators and pilot training. However, airlines will have to start replacing their aging fleets in the next few years. That should spur a surge in orders for Bombardier and CAE.
BOMBARDIER INC. (Toronto symbols BBD.A $4.97 and BBD.B $4.98; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.7 …read more »
BOMBARDIER INC. (Toronto symbols BBD.A $4.57 and BBD.B $4.50; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.7 billion; Market cap: $7.7 billion; Price-to-sales ratio: 0.4; SI Rating: Extra risk) has received an order from Germany’s state-owned railway for 800 passenger railcars. The deal is worth $2.1 billion, or 10.5% of Bombardier’s annual revenue of about $20 billion (all …read more »
BOMBARDIER INC. (Toronto symbols BBD.A $7.52 and BBD.B $7.50; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.7 billion; Market cap: $12.8 billion; SI Rating: Extra risk) will probably win a contract to build over 200 streetcars for Toronto’s transit system now that rival Siemens AG has withdrawn its bid. The contract has an initial value of $1.2 billion, …read more »
SNC-LAVALIN GROUP INC. $54 (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 151.0 million; Market cap: $8.2 billion; SI Rating: Average) continues to win new infrastructure contracts. It recently received a $300 million contract to build two natural gas compression plants in France. The company will also participate in the construction of a $200 million U.S. …read more »
BOMBARDIER INC. (Toronto symbols BBD.A $6.63 and BBD.B $6.67; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.7 billion; Market cap: $11.3 billion; SI Rating: Extra risk) is the world’s third-largest maker of passenger aircraft, after Boeing and Airbus. This division supplies 55% of total revenue, and 75% of earnings. The remainder comes from Bombardier’s transportation division, which makes …read more »
BOMBARDIER INC. (Toronto symbols BBD.A $6.04 and BBD.B $6.07; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.75 billion; Market cap: $10.6 billion; SI Rating: Extra risk) continues to win new orders for its aircraft and railcars. Its total backlog is now a record $51.6 billion, or just over three years’ revenue (all amounts except share price and market …read more »
