The Boeing Company [BA] is -47.26% lower this YTD. Is it still time to buy?

The Boeing Company [NYSE: BA] traded at a low on 08/31/20, posting a -2.26 loss after which it closed the day’ session at $171.82. The company report on August 28, 2020 that Boeing Donates More Than $10 Million to Support Racial Equity and Social Justice Nonprofits and Programs.

– Investments are aimed at elevating underserved communities, combating systemic racism and advancing racial equality in the United States.

– Boeing plans to announce additional racial equity and social justice nonprofit funding in the future.

The results of the trading session contributed to over 16155036 shares changing hands. Over the past one week, the price volatility of The Boeing Company stands at 3.16% while the volatility over the past one month is 3.84%.

The market cap for BA stock reached $96.10 billion, with 566.40 million shares outstanding and 563.80 million shares in the current float. Compared to the average trading volume of 44.77M shares, BA reached a trading volume of 16155036 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about The Boeing Company [BA]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BA shares is $173.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BA stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wolfe Research have made an estimate for The Boeing Company shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on July 16, 2020. The new note on the price target was released on June 26, 2020, representing the official price target for The Boeing Company stock. Previously, the target price had yet another raise to $150, while Berenberg analysts kept a Sell rating on BA stock.

The Average True Range (ATR) for The Boeing Company is set at 6.60, with the Price to Sales ratio for BA stock in the period of the last 12 months amounting to 1.39.

How has BA stock performed recently?

The Boeing Company [BA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.62. With this latest performance, BA shares gained by 8.75% in over the last four-week period, additionally sinking by -38.77% over the last 6 months – not to mention a drop of -52.81% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BA stock in for the last two-week period is set at 48.19, with the RSI for the last a single of trading hit 47.73, and the three-weeks RSI is set at 49.09 for The Boeing Company [BA]. The present Moving Average for the last 50 days of trading for this stock 175.41, while it was recorded at 173.69 for the last single week of trading, and 226.68 for the last 200 days.

The Boeing Company [BA]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and The Boeing Company [BA] shares currently have an operating margin of -2.53 and a Gross Margin at +5.87. The Boeing Company’s Net Margin is presently recorded at -0.83.

Return on Total Capital for BA is now -11.23, given the latest momentum, and Return on Invested Capital for the company is -5.45. Additionally, BA Total Debt to Total Capital is recorded at 143.27, with Total Debt to Total Assets ending up at 21.35.

Reflecting on the efficiency of the workforce at the company, The Boeing Company [BA] managed to generate an average of -$3,948 per employee. Receivables Turnover for the company is 5.71 with a Total Asset Turnover recorded at a value of 0.61.The Boeing Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 1.40.

Earnings analysis for The Boeing Company [BA]

With the latest financial reports released by the company, The Boeing Company posted 1.45/share EPS, while the average EPS was predicted by analysts to be reported at 2.09/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -30.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Boeing Company go to 12.33%.

Insider trade positions for The Boeing Company [BA]

There are presently around $51,327 million, or 53.50% of BA stock, in the hands of institutional investors. The top three institutional holders of BA stocks are: VANGUARD GROUP INC with ownership of 41,323,292, which is approximately -1.038% of the company’s market cap and around 0.10% of the total institutional ownership; NEWPORT TRUST CO, holding 34,302,591 shares of the stock with an approximate value of $5.89 billion in BA stocks shares; and BLACKROCK INC., currently with $5.62 billion in BA stock with ownership of nearly -1.651% of the company’s market capitalization.

Positions in The Boeing Company stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 895 institutional holders increased their position in The Boeing Company [NYSE:BA] by around 25,093,913 shares. Additionally, 965 investors decreased positions by around 76,700,270 shares, while 155 investors held positions by with 196,932,175 shares. The mentioned changes placed institutional holdings at 298,726,358 shares, according to the latest SEC report filing. BA stock had 224 new institutional investments in for a total of 4,845,465 shares, while 188 institutional investors sold positions of 9,277,795 shares during the same period.

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