Boeing Co. (NYSE: BA)’s stock price has plunge by -1.33relation to previous closing price of 167.91. Nevertheless, the company has seen a -0.81% plunge in its stock price over the last five trading sessions. fool.com reported 2024-08-12 that United Launch Alliance launched only three rockets in 2023. It has already launched four times in 2024.
Is It Worth Investing in Boeing Co. (NYSE: BA) Right Now?
Company’s 36-month beta value is 1.60.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.”
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The public float for BA is 615.04M, and currently, short sellers hold a 1.99% ratio of that floaft. The average trading volume of BA on August 12, 2024 was 6.20M shares.
BA’s Market Performance
BA stock saw a decrease of -0.81% in the past week, with a monthly decline of -9.12% and a quarterly a decrease of -7.19%. The volatility ratio for the week is 2.97%, and the volatility levels for the last 30 days are 3.63% for Boeing Co. (BA). The simple moving average for the past 20 days is -7.18% for BA’s stock, with a -16.06% simple moving average for the past 200 days.
Analysts’ Opinion of BA
Many brokerage firms have already submitted their reports for BA stocks, with Bernstein repeating the rating for BA by listing it as a “Outperform.” The predicted price for BA in the upcoming period, according to Bernstein is $207 based on the research report published on August 05, 2024 of the current year 2024.
Northcoast gave a rating of “Sell” to BA, setting the target price at $140 in the report published on April 17th of the current year.
BA Trading at -8.41% 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 -38.07% of loss for the given period.
Volatility was left at 3.63%, however, over the last 30 days, the volatility rate increased by 2.97%, as shares sank -7.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.09% lower at present.
During the last 5 trading sessions, BA fell by -0.80%, which changed the moving average for the period of 200-days by -9.14% in comparison to the 20-day moving average, which settled at $177.82. In addition, Boeing Co. saw -36.44% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BA
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.1 for the gross margin
The net margin for Boeing Co. stands at -0.05. The total capital return value is set at -0.04.
Based on Boeing Co. (BA), the company’s capital structure generated 1.45 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at -3.22. The interest coverage ratio of the stock is -1.61.
Currently, EBITDA for the company is 2.27 billion with net debt to EBITDA at 71.26. When we switch over and look at the enterprise to sales, we see a ratio of 2.03. The receivables turnover for the company is 5.71for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
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.
