Market Recap Check: Boeing Co. (BA)’s Negative Finish at 183.24, Up/Down -1.40

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The price of Boeing Co. (NYSE: BA) closed at $183.24 in the last session, down -1.40% from day before closing price of $185.84. In other words, the price has decreased by -$1.40 from its previous closing price. On the day, 3.93 million shares were traded. BA stock price reached its highest trading level at $186.245 during the session, while it also had its lowest trading level at $183.15.

Ratios:

We take a closer look at BA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 87.43. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 1.14.

On April 17, 2024, Northcoast Downgraded its rating to Sell which previously was Neutral but kept the price unchanged to $140.

BofA Securities reiterated its Neutral rating for the stock on April 11, 2024, while the target price for the stock was revised from $210 to $190.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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.

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 114084315136 and an Enterprise Value of 152892145664. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48. Its current Enterprise Value per Revenue stands at 2.0 whereas that against EBITDA is 57.156.

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 $159.70. The 50-Day Moving Average of the stock is 1.83%, while the 200-Day Moving Average is calculated to be -7.77%.

Shares Statistics:

According to the various share statistics, BA traded on average about 6.80M shares per day over the past 3-months and 6139130 shares per day over the past 10 days. A total of 615.47M shares are outstanding, with a floating share count of 614.34M. Insiders hold about 0.18% of the company’s shares, while institutions hold 63.75% stake in the company. Shares short for BA as of 1718323200 were 13126800 with a Short Ratio of 1.93, compared to 1715731200 on 10810446. Therefore, it implies a Short% of Shares Outstanding of 13126800 and a Short% of Float of 2.1399999999999997.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.48.

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