Boeing Co. (BA) down -37.50% since start of the year

Boeing Co. (NYSE: BA) is -37.50% lower on its value in year-to-date trading and has touched a low of $156.70 and a high of $267.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BA stock was last observed hovering at around $157.62 in the last trading session, with the day’s gains setting it 5.29%.

Currently trading at $162.91, the stock is -4.33% and -7.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.06 million and changing 3.36% at the moment leaves the stock -16.56% off its SMA200. BA registered -24.60% loss for a year compared to 6-month loss of -17.93%.

The stock witnessed a -3.53% gain in the last 1 month and extending the period to 3 months gives it a -14.37%, and is -6.23% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.01% over the week and 2.75% over the month.

Boeing Co. (BA) has around 171000 employees, a market worth around $100.38B and $73.56B in sales. Fwd P/E is 41.15. Profit margin for the company is -4.68%. Distance from 52-week low is 3.97% and -39.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.78%).

with sales reaching $20.03B over the same period.The EPS is expected to grow by 28.31% this year, but quarterly earnings will post -1.50% year-over-year. Quarterly sales are estimated to grow 21.30% in year-over-year returns.

Boeing Co. (BA) Top Institutional Holders

2478.0 institutions hold shares in Boeing Co. (BA), with institutional investors hold 67.72% of the company’s shares. The shares outstanding are 616.17M, and float is at 615.05M with Short Float at 2.20%. Institutions hold 67.63% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 50.93 million shares valued at $9.27 billion. The investor’s holdings represent 8.3103% of the BA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 36.29 million shares valued at $6.61 billion to account for 5.921 of the shares outstanding. The other top investors are NEWPORT TRUST CO which holds 31.64 million shares representing 5.1624% and valued at over $5.76 billion, while STATE STREET CORP holds 4.4284 of the shares totaling 27.14 million with a market value of $4.94 billion.