Growth Story Still Intact For Boeing Co (BA)

Boeing Co (BA) concluded trading on Wednesday at a closing price of $186.25, with 7.5 million shares of worth about $1.4 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.48% during that period and on February 12, 2025 the price saw a gain of about 3.22%. 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 2.43% in past 5 days and over the past one month there was a price change of 9.19%. Year-to-date (YTD), BA shares are showing a performance of 5.23% which decreased to -10.97% 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 $209.80 during that period. The average intraday trading volume for Boeing Co shares is 9.86 million. The stock is currently trading 5.19% above its 20-day simple moving average (SMA20), while that difference is up 8.12% for SMA50 and it goes to 10.11% higher than SMA200.

Boeing Co (NYSE: BA) currently have 749.22M outstanding shares and institutions hold larger chunk of about 59.81% of that.

The stock has a current market capitalization of $139.70B 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 2.81% while standing at 3.25% over the month.

Stock’s fiscal year EPS is expected to rise by 95.21% while it is estimated to increase by 496.39% 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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