Boeing Co. [BA] stock prices are down -0.20% to $170.21 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BA shares have lost -2.53% over the last week, with a monthly amount drifted -5.35%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Boeing Co. [NYSE: BA] stock has seen the most recent analyst activity on April 17, 2024, when Northcoast downgraded its rating to a Sell but kept the price target unchanged to $140 for it. Previously, BofA Securities reaffirmed its Neutral rating on April 11, 2024, and dropped its price target to $190. On April 01, 2024, downgrade downgraded it’s rating to Hold. Northcoast downgraded its rating to a Neutral. BofA Securities downgraded its rating to a Neutral and reduced its price target to $225 on January 25, 2024. Susquehanna reiterated a Positive rating for this stock on January 18, 2024, and downed its price target to $279. In a note dated January 16, 2024, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $280 to $225.
The stock price of Boeing Co. [BA] has been fluctuating between $167.53 and $267.54 over the past year. Currently, Wall Street analysts expect the stock to reach $223.84 within the next 12 months. Boeing Co. [NYSE: BA] shares were valued at $170.21 at the most recent close of the market. An investor can expect a potential return of 31.51% based on the average BA price forecast.
Analyzing the BA fundamentals
The Boeing Co. [NYSE:BA] reported sales of 77.79B for trailing twelve months, representing a surge of 10.20%. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is 0.14 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-3.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 168.60 points at the first support level, and at 167.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 171.33, and for the 2nd resistance point, it is at 172.46.
Ratios To Look Out For
It’s worth pointing out that Boeing Co. [NYSE:BA]’s Current Ratio is 1.14. In addition, the Quick Ratio stands at 0.31 and the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 1.33.
Transactions by insiders
Recent insider trading involved COLBERT THEODORE III, EVP, Pres. & CEO, BDS, that happened on Aug 01 ’23 when 8500.0 shares were sold. Director, MOLLENKOPF STEVEN M completed a deal on Jul 31 ’23 to buy 850.0 shares. Meanwhile, Chief Engineer & EVP, ET&T McKenzie Howard E sold 412.0 shares on May 01 ’23.
