Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Boeing Co. (NYSE: BA) closed at $164.33 down -2.87% from its previous closing price of $169.18. In other words, the price has decreased by -$2.87 from its previous closing price. On the day, 20.73 million shares were traded. BA stock price reached its highest trading level at $177.64 during the session, while it also had its lowest trading level at $162.74.
Ratios:
For a deeper understanding of Boeing Co.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.31 and its Current Ratio is at 1.14.
On April 11, 2024, BofA Securities reiterated its Neutral rating and also upped its target price recommendation from $210 to $190.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 01 ’23 when COLBERT THEODORE III sold 8,500 shares for $238.37 per share. The transaction valued at 2,026,136 led to the insider holds 59,255 shares of the business.
MOLLENKOPF STEVEN M bought 850 shares of BA for $201,450 on Jul 31 ’23. The Director now owns 3,767 shares after completing the transaction at $237.00 per share. On May 01 ’23, another insider, McKenzie Howard E, who serves as the Chief Engineer & EVP, ET&T of the company, sold 412 shares for $204.36 each. As a result, the insider received 84,196 and left with 17,181 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BA now has a Market Capitalization of 103734468608 and an Enterprise Value of 141405667328. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29. Its current Enterprise Value per Revenue stands at 1.818 whereas that against EBITDA is 44.834.
Stock Price History:
Over the past 52 weeks, BA has reached a high of $267.54, while it has fallen to a 52-week low of $167.53. The 50-Day Moving Average of the stock is -13.12%, while the 200-Day Moving Average is calculated to be -21.63%.
Shares Statistics:
For the past three months, BA has traded an average of 8.26M shares per day and 8080290 over the past ten days. A total of 609.52M shares are outstanding, with a floating share count of 609.14M. Insiders hold about 0.16% of the company’s shares, while institutions hold 65.07% stake in the company. Shares short for BA as of 1711584000 were 9294893 with a Short Ratio of 1.12, compared to 1709164800 on 8829548. Therefore, it implies a Short% of Shares Outstanding of 9294893 and a Short% of Float of 1.52.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.48.
Earnings Estimates
The stock of Boeing Co. (BA) is currently in the spotlight, with 19.0 analysts actively rating and assessing its market standing.On average, analysts expect EPS of -$1.76 for the current quarter, with a high estimate of -$1.04 and a low estimate of -$3.16, while EPS last year was -$1.27. The consensus estimate for the next quarter is -$0.33, with high estimates of $0.89 and low estimates of -$1.11.
Analysts are recommending an EPS of between $3.5 and -$4.45 for the fiscal current year, implying an average EPS of -$0.51. EPS for the following year is $6.41, with 23.0 analysts recommending between $9.6 and $0.9.
Revenue Estimates
A total of 19 analysts believe the company’s revenue will be $16.23B this quarter.It ranges from a high estimate of $17.09B to a low estimate of $15.7B. As of the current estimate, Boeing Co.’s year-ago sales were $17.57BFor the next quarter, 19 analysts are estimating revenue of $20.15B. There is a high estimate of $22.08B for the next quarter, whereas the lowest estimate is $18.05B.
A total of 25 analysts have provided revenue estimates for BA’s current fiscal year. The highest revenue estimate was $90.09B, while the lowest revenue estimate was $77.02B, resulting in an average revenue estimate of $83.56B. In the same quarter a year ago, actual revenue was $77.79BBased on 26 analysts’ estimates, the company’s revenue will be $96.58B in the next fiscal year. The high estimate is $103.11B and the low estimate is $87.98B.
