Will Boeing Co. (BA) benefit from Wall Street bulls Calls?

Boeing Co. (NYSE: BA) is -41.67% lower on its value in year-to-date trading and has touched a low of $151.65 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 $156.32 in the last trading session, with the day’s loss setting it -4.28%.

Currently trading at $152.04, the stock is -4.13% and -9.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.79 million and changing -2.74% at the moment leaves the stock -19.89% off its SMA200. BA registered -20.16% loss for a year compared to 6-month loss of -19.77%. The firm has a 50-day simple moving average (SMA 50) of $168.0782 and a 200-day simple moving average (SMA200) of $189.3098.

The stock witnessed a -11.74% gain in the last 1 month and extending the period to 3 months gives it a -18.56%, and is -2.73% 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 2.50% over the week and 3.05% over the month.

Boeing Co. (BA) has around 171000 employees, a market worth around $93.68B and $73.56B in sales. Fwd P/E is 41.52. Profit margin for the company is -4.68%. Distance from 52-week low is 0.26% and -43.17% 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 15.85% this year.

Boeing Co. (BA) Top Institutional Holders

2476.0 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 615.16M with Short Float at 2.05%. 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.