The Boeing Company [BA] shares are down more than -56.55% this year and recently decreased -0.03% or -$5.21 to settle at $162.14. Analysts expect BA to grow earnings at a 12.33% annual rate over the next 5 years. BA has a short ratio of 0.36. This implies that the market is currently less bearish on the outlook for BA.

Analyst Birdseye View:

The most recent analyst activity for The Boeing Company [NYSE:BA] stock was on September 24, 2020, when it was Upgrade with a Peer perform rating from Wolfe Research. On September 08, 2020, Morgan Stanley Initiated an Underweight rating and boosted its price target on this stock to $181. On September 03, 2020, Edward Jones Upgrade a Buy rating. On July 16, 2020, Wolfe Research Downgrade an Underperform rating. On June 26, 2020, Bernstein Downgrade a Mkt perform rating and boosted its amount on this stock to $165. On June 25, 2020, Berenberg Downgrade a Sell rating and boosted its target amount on this stock to $150. On June 08, 2020 Seaport Global Securities Initiated a Buy rating and elevated its amount target to $277.

In the past 52 weeks of trading, this stock has oscillated between a low of $89.00 and a peak of $378.70. Right now, according to Wall Street analyst the average 12-month amount target is $184.17. At the most recent market close, shares of The Boeing Company [NYSE:BA] were valued at $162.14. According to the average price forecast, investors can expect a potential return of 0.48%.

FUNDAMENTAL ANALYSIS

The Boeing Company [NYSE:BA] most recently reported quarterly sales of 11.81 billion, which represented growth of -44.70%. This publicly-traded organization’s revenue is $475,227 per employee, while its income is -$3,948 per employee. This company’s Gross Margin is currently 5.60%, its Operating Margin is -7.60%, its Pretax Margin is -2.95, and its Net Margin is -0.83.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 143.27 and the whole liability to whole assets at 21.35. It shows enduring liability to the whole principal at 105.15 and enduring liability to assets at 0.16 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 160.98 points at 1st support level, the second support level is making up to 159.81. But as of 1st resistance point, this stock is sitting at 164.42 and at 166.69 for 2nd resistance point.

The Boeing Company [BA] reported its earnings at -$4.79 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$2.54/share signifying the difference of -2.25 and -88.60% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$1.7 calling estimates for -$1.61/share with the difference of -0.09 depicting the surprise of -5.60%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for The Boeing Company [NYSE:BA] is 1.40. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.10. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.41.

Insider Stories

The most recent insider trade was by MOLLENKOPF STEVEN M, Director, and it was the purchase of 1152.0 shares on Aug 05.