Boeing (NYSE:BA) Soars to Record High; Lifts Jim McNerney’s Compensation to $27.5 Million – BA, ERJ, LMT, SPR

The Chicago-based Boeing Company (NYSE:BA) lifted CEO Jim McNerney’s reward 20% to $27.5 million in previous year, before the world’s biggest plane maker’s marquee 787 Dreamliner was grounded by overheating batteries.

The Plane maker reported in proxy materials filed with the United States Securities and Exchange Commission that McNerney got $10.8 million of incentive pay as well as his $1.93 million salary and $840,775 in other reward. Jim McNerney earned $23 million in 2011.

Shares of the world’s biggest plane maker hiked 2.7% for 2012 lagged behind the 13% boost for the Standard & Poor’s 500 Index.

Boeing stock hiked 2.1% to settle at $86.43 on Friday and marked the record high close since May 2008, after executives reported safety upgrades may allow commercial 787 flights to resume within weeks.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Embraer SA (ADR) (NYSE:ERJ) fell -2.05% to settle at $34.83, Lockheed Martin Corporation (NYSE:LMT) moved up +0.22% to end at $92.74 while Spirit AeroSystems Holdings, Inc. (NYSE:SPR) jumped +1.44% to finish at $19.00 on Friday.

The Boeing Company (NYSE:BA) last session’s volume of 8.21 million shares was higher than its average volume of 5.64 million shares. The stock after opening at $84.75 hit high price of $86.49 and then closed at $86.43 by scoring +2.14%.

BA generated revenue of $81.70 billion in the previous twelve months and earned $3.90 billion. The Company showed a positive 4.78% in the net profit margin as well as in its operating margin which remained at 7.72%. Company’s annual sales growth for the past five years was 4.24%.

The BA’s past twelve months’ price to sales ratio was 0.80 and price to cash ratio remained 4.82. As far as the returns are concerned, BA’s return on equity was recorded as 83.03% and return on investment increased 9.47% while its return on asset stayed at 4.62%.

The stock showed weekly upbeat performance of 6.40% which was maintained for the month at 15.58%. Likewise the positive performance for the quarter was recorded as 15.26% and for the year was 19.18% while the YTD performance remained at 15.42%.

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