The stock of Boeing Co. (BA) has seen a 1.98% increase in the past week, with a -8.43% drop in the past month, and a -14.11% decrease in the past quarter. The volatility ratio for the week is 2.86%, and the volatility levels for the past 30 days are at 3.05% for BA. The simple moving average for the last 20 days is -1.92% for BA’s stock, with a simple moving average of -17.84% for the last 200 days.
Is It Worth Investing in Boeing Co. (NYSE: BA) Right Now?
The 36-month beta value for BA is at 1.57. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 7 rating it as “overweight,” 11 as “hold,” and 0 as “sell.”
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The public float for BA is 615.16M, and currently, shorts hold a 2.05% of that float. The average trading volume for BA on September 30, 2024 was 6.96M shares.
BA) stock’s latest price update
Boeing Co. (NYSE: BA)’s stock price has soared by 1.13 in relation to previous closing price of 154.58. Nevertheless, the company has seen a gain of 1.98% in its stock price over the last five trading days. fool.com reported 2024-09-29 that Last month, Boeing replaced its CEO after reporting massive losses and a sales miss in its Q2 earnings report. This month, Boeing is replacing the CEO of its defense and space business — but the replacement is only temporary.
Analysts’ Opinion of BA
Many brokerage firms have already submitted their reports for BA stocks, with Wells Fargo repeating the rating for BA by listing it as a “Underweight.” The predicted price for BA in the upcoming period, according to Wells Fargo is $119 based on the research report published on September 03, 2024 of the current year 2024.
Bernstein, on the other hand, stated in their research note that they expect to see BA reach a price target of $207, previously predicting the price at $222. The rating they have provided for BA stocks is “Outperform” according to the report published on August 05th, 2024.
BA Trading at -7.56% 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 -41.57% of loss for the given period.
Volatility was left at 3.05%, however, over the last 30 days, the volatility rate increased by 2.86%, as shares sank -9.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.27% lower at present.
During the last 5 trading sessions, BA rose by +1.98%, which changed the moving average for the period of 200-days by -36.99% in comparison to the 20-day moving average, which settled at $158.59. In addition, Boeing Co. saw -40.03% 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
- 0.09 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 -0.7.
Currently, EBITDA for the company is 2.27 billion with net debt to EBITDA at 40.86. 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 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 conclusion, Boeing Co. (BA) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. 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.
