Boeing Co (BA) concluded trading on Wednesday at a closing price of $172.62, with 14.08 million shares of worth about $2.43 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.97% during that period and on Wednesday the price saw a gain of about 6.84%. Currently the company’s common shares owned by public are about 752.41M shares, out of which, 751.26M shares are available for trading.
Stock saw a price change of 8.70% in past 5 days and over the past one month there was a price change of -6.68%. Year-to-date (YTD), BA shares are showing a performance of -2.47% which decreased to -5.43% 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 $196.95 during that period. The average intraday trading volume for Boeing Co shares is 8.24 million. The stock is currently trading 3.97% above its 20-day simple moving average (SMA20), while that difference is up 0.04% for SMA50 and it goes to 2.66% higher than SMA200.
Boeing Co (NYSE: BA) currently have 752.41M outstanding shares and institutions hold larger chunk of about 74.98% of that.
The stock has a current market capitalization of $129.88B and its 3Y-monthly beta is at 1.26. 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 2.91% while standing at 3.74% over the month.
Analysts are in expectations that Boeing Co (BA) stock would likely to be making an EPS of -1.13 in the current quarter, while forecast for next quarter EPS is -0.65 and it is 4.24 for next year. For the current quarter EPS, analysts have given the company a lowest target -3.01 which is -0.3 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 95.06% while it is estimated to increase by 499.32% 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.
