Boeing Co. [NYSE: BA] surged by $7.58 during the normal trading session on while it closed the day at $186.48.
Boeing Co. stock has also gained 0.23% of its value over the past 7 days. However, BA stock has inclined by 9.39% in the 3 months of the year. Over the past six months meanwhile, it has lost -13.24% and lost -28.46% year-on date.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for BA stock reached $114.77 billion, with 615.47 million shares outstanding and 614.34 million shares in the current float. Compared to the average trading volume of 6.44M shares, BA reached a trading volume of 7498667 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Boeing Co. [BA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BA shares is $213.64 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 1.97. 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.
Argus have made an estimate for Boeing Co. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on April 30, 2024. The new note on the price target was released on April 17, 2024, representing the official price target for Boeing Co. stock. Previously, the target price had yet another drop from $210 to $190, while BofA Securities kept a Neutral rating on BA stock.
The Average True Range (ATR) for Boeing Co. is set at 5.21, with the Price to Sales ratio for BA stock in the period of the last 12 months amounting to 1.50. Price to Free Cash Flow for BA in the course of the last twelve months was 88.97 with Quick ratio for the last quarter at 0.25.
BA stock trade performance evaluation
Boeing Co. [BA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.23. With this latest performance, BA shares gained by 5.62% in over the last four-week period, additionally sinking by -13.24% over the last 6 months – not to mention a drop of -11.95% 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 56.24, with the RSI for the last a single of trading hit 59.04, and the three-weeks RSI is set at 54.51 for Boeing Co. [BA]. The present Moving Average for the last 50 days of trading for this stock 181.68, while it was recorded at 182.02 for the last single week of trading, and 198.05 for the last 200 days.
Boeing Co. [BA]: An insightful look at the core fundamentals
Boeing Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.25 and a Current Ratio set at 1.14.
Boeing Co. [BA]: Institutional Ownership
The top three institutional holders of BA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in BA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in BA stock with ownership which is approximately 5.1238%.
