The Boeing Company [BA] Stock trading around $204.55 per share: What’s Next?

The Boeing Company [NYSE: BA] stock went on an upward path that rose over 1.49% on Wednesday, amounting to a one-week price decrease of less than -0.59%.

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Over the last 12 months, BA stock dropped by -0.38%. The one-year The Boeing Company stock forecast points to a potential upside of 10.05. The average equity rating for BA stock is currently 2.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $128.53 billion, with 597.60 million shares outstanding and 595.36 million shares in the current float. Compared to the average trading volume of 6.55M shares, BA stock reached a trading volume of 4392801 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $227.40 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 2.00. 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.

RBC Capital Mkts have made an estimate for The Boeing Company shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on February 03, 2023. The new note on the price target was released on January 12, 2023, representing the official price target for The Boeing Company stock. Previously, the target price had yet another raise from $213 to $220, while Morgan Stanley kept a Equal-Weight rating on BA stock. On December 08, 2022, analysts increased their price target for BA shares from 209 to 222.

The Average True Range (ATR) for The Boeing Company is set at 5.38, with the Price to Sales ratio for BA stock in the period of the last 12 months amounting to 1.93. Price to Free Cash Flow for BA in the course of the last twelve months was 56.13 with Quick ratio for the last quarter at 0.30.

BA Stock Performance Analysis:

The Boeing Company [BA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.59. With this latest performance, BA shares dropped by -2.44% in over the last four-week period, additionally plugging by 23.65% over the last 6 months – not to mention a drop of -0.38% 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 46.74, with the RSI for the last a single of trading hit 44.62, and the three-weeks RSI is set at 49.73 for The Boeing Company [BA]. The present Moving Average for the last 50 days of trading for this stock 205.27, while it was recorded at 202.57 for the last single week of trading, and 164.22 for the last 200 days.

Insight into The Boeing Company Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and The Boeing Company [BA] shares currently have an operating margin of -5.34 and a Gross Margin at +5.20. The Boeing Company’s Net Margin is presently recorded at -7.41.

The Boeing Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 1.20.

The Boeing Company [BA] Insider Position Details

There are presently around $72,570 million, or 58.20% of BA stock, in the hands of institutional investors. The top three institutional holders of BA stocks are: VANGUARD GROUP INC with ownership of 46,029,863, which is approximately 1.835% of the company’s market cap and around 0.10% of the total institutional ownership; NEWPORT TRUST CO, holding 44,267,963 shares of the stock with an approximate value of $9.06 billion in BA stocks shares; and BLACKROCK INC., currently with $6.81 billion in BA stock with ownership of nearly 2.651% of the company’s market capitalization.

Positions in The Boeing Company stocks held by institutional investors increased at the end of Wednesday and at the time of the Wednesday reporting period, where 1,055 institutional holders increased their position in The Boeing Company [NYSE:BA] by around 31,783,033 shares. Additionally, 907 investors decreased positions by around 17,860,742 shares, while 298 investors held positions by with 305,135,718 shares. The mentioned changes placed institutional holdings at 354,779,493 shares, according to the latest SEC report filing. BA stock had 424 new institutional investments in for a total of 12,738,239 shares, while 110 institutional investors sold positions of 2,163,982 shares during the same period.


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