The stock of Boeing Co. (BA) has seen a -3.23% decrease in the past week, with a -9.68% drop in the past month, and a -26.35% decrease in the past quarter. The volatility ratio for the week is 1.93%, and the volatility levels for the past 30 days are at 2.32% for BA. The simple moving average for the last 20 days is -1.92% for BA stock, with a simple moving average of -13.49% for the last 200 days.
Is It Worth Investing in Boeing Co. (NYSE: BA) Right Now?
Company’s 36-month beta value is 1.53.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 7 as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for BA is 609.16M, and currently, short sellers hold a 1.77% ratio of that floaft. The average trading volume of BA on April 08, 2024 was 10.33M shares.
BA) stock’s latest price update
The stock of Boeing Co. (NYSE: BA) has increased by 0.13 when compared to last closing price of 183.14. Despite this, the company has experienced a -3.23% fall in its stock price over the last five trading sessions. CNBC Television reported 2024-04-08 that CNBC’s Phil LeBeau reports on the latest news from Southwest Airlines.
Analysts’ Opinion of BA
BofA Securities gave a rating of “Neutral” to BA, setting the target price at $225 in the report published on January 25th of the current year.
BA Trading at -7.20% from the 50-Day Moving Average
After a stumble in the market that brought BA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.46% of loss for the given period.
Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 1.93%, as shares sank -7.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.17% lower at present.
During the last 5 trading sessions, BA fell by -3.24%, which changed the moving average for the period of 200-days by -13.54% in comparison to the 20-day moving average, which settled at $186.21. In addition, Boeing Co. saw -29.65% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BA starting from COLBERT THEODORE III, who sale 8,500 shares at the price of $238.37 back on Aug 01 ’23. After this action, COLBERT THEODORE III now owns 59,255 shares of Boeing Co., valued at $2,026,136 using the latest closing price.
MOLLENKOPF STEVEN M, the Director of Boeing Co., purchase 850 shares at $237.00 during a trade that took place back on Jul 31 ’23, which means that MOLLENKOPF STEVEN M is holding 3,767 shares at $201,450 based on the most recent closing price.
Stock Fundamentals for BA
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.1 for the gross margin
The net margin for Boeing Co. stands at -0.03. The total capital return value is set at -0.01.
Based on Boeing Co. (BA), the company’s capital structure generated 1.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at -3.05. The interest coverage ratio of the stock is -0.18.
Currently, EBITDA for the company is 2.27 billion with net debt to EBITDA at 17.61. When we switch over and look at the enterprise to sales, we see a ratio of 1.95. The receivables turnover for the company is 7.03for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.
Conclusion
In a nutshell, Boeing Co. (BA) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
