Boeing Co. (NYSE: BA) is -40.04% lower on its value in year-to-date trading and has touched a low of $152.60 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 $153.29 in the last trading session, with the day’s gains setting it 3.01%.
Currently trading at $156.30, the stock is -4.14% and -8.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.42 million and changing 1.96% at the moment leaves the stock -18.56% off its SMA200. BA registered -21.83% loss for a year compared to 6-month loss of -17.24%.
The stock witnessed a -9.53% gain in the last 1 month and extending the period to 3 months gives it a -12.73%, and is 0.48% up 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 2.49% over the week and 2.95% over the month.
Boeing Co. (BA) has around 171000 employees, a market worth around $96.31B and $73.56B in sales. Fwd P/E is 42.59. Profit margin for the company is -4.68%. Distance from 52-week low is 2.42% and -41.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.78%).
The EPS is expected to grow by 16.40% this year.
Boeing Co. (BA) Top Institutional Holders
2477.0 institutions hold shares in Boeing Co. (BA), with institutional investors hold 67.73% of the company’s shares. The shares outstanding are 616.17M, and float is at 615.05M with Short Float at 2.01%. Institutions hold 67.64% 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.
Boeing Co. (BA) Insider Activity
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