Boeing Co (BA): Not A Time To Panic Nor Freeze

Boeing Co (BA) concluded trading on Thursday at a closing price of $184.80, with 6.89 million shares of worth about $1.27 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.97% during that period and on February 06, 2025 the price saw a gain of about 1.63%. Currently the company’s common shares owned by public are about 749.22M shares, out of which, 749.03M shares are available for trading.

Stock saw a price change of 2.94% in past 5 days and over the past one month there was a price change of 8.21%. Year-to-date (YTD), BA shares are showing a performance of 4.41% which decreased to -10.56% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $137.03 but also hit the highest price of $213.77 during that period. The average intraday trading volume for Boeing Co shares is 10.65 million. The stock is currently trading 5.78% above its 20-day simple moving average (SMA20), while that difference is up 8.84% for SMA50 and it goes to 9.44% higher than SMA200.

Boeing Co (NYSE: BA) currently have 749.22M outstanding shares and institutions hold larger chunk of about 55.38% of that.

The stock has a current market capitalization of $138.61B and its 3Y-monthly beta is at 1.53. It has posted earnings per share of -$18.33 in the same period. It has Quick Ratio of 0.42. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BA, volatility over the week remained 2.79% while standing at 3.22% over the month.

Analysts are in expectations that Boeing Co (BA) stock would likely to be making an EPS of -0.93 in the current quarter, while forecast for next quarter EPS is -0.6 and it is 4.22 for next year. For the current quarter EPS, analysts have given the company a lowest target -1.47 which is -0.44 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -1.13 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 96.42% while it is estimated to increase by 629.27% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on January 06, 2025 offering an Overweight rating for the stock and assigned a target price range of between $190 and $210 to it. On October 30, 2024, Bernstein Downgrade their recommendations, while on October 17, 2024, Bernstein Reiterated their ratings for the stock with a price target of $195. Stock get a Hold rating from DZ Bank on October 15, 2024.

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