Boeing Co (NYSE: BA) is -31.33% lower on its value in year-to-date trading and has touched a low of $137.03 and a high of $264.66 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 $177.69 in the last trading session, with the day’s gains setting it 1.65%.
Currently trading at $179.34, the stock is 8.91% and 14.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.32 million and changing 0.93% at the moment leaves the stock 5.64% off its SMA200. BA registered -31.27% loss for a year compared to 6-month loss of 0.28%. The firm has a 50-day simple moving average (SMA 50) of $155.5894 and a 200-day simple moving average (SMA200) of $169.8253.
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The stock witnessed a 19.90% gain in the last 1 month and extending the period to 3 months gives it a 17.59%, and is 3.45% 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 3.25% over the week and 3.07% over the month.
Boeing Co (BA) has around 171000 employees, a market worth around $135.42B and $73.29B in sales. Fwd P/E is 148.41. Profit margin for the company is -10.88%. Distance from 52-week low is 30.88% and -32.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.92%).
with sales reaching $16.82B over the same period.The EPS is expected to shrink by -175.22% this year, but quarterly earnings will post -12.56% year-over-year. Quarterly sales are estimated to shrink -23.60% in year-over-year returns.
2349.0 institutions hold shares in Boeing Co (BA), with institutional investors hold 55.76% of the company’s shares. The shares outstanding are 747.58M, and float is at 746.56M with Short Float at 3.06%. Institutions hold 55.71% 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.
