Is The Boeing Company (BA) Price Targeted To Increase?

As of Thursday close, The Boeing Company’s (NYSE:BA) stock was down -$6.25, moving down -4.83 percent to $123.14. The average number of shares traded per day over the past five days has been 11,870,520 shares. 1 time new highs have been achieved over the past 5 days, with a -$27.33 fall in that time frame. In the last twenty days, the average volume was 10,903,760, while in the previous 50 days, it was 10,124,920.


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Since last month, BA stock retreated -30.15%. Shares of the company fell to $120.28 on 05/12/22, the lowest level in the past month. A 52-week high of $258.40 was reached on 01/18/22 after having rallying from a 52-week low of $129.11. Since the beginning of this year, BA’s stock price has dropped by -38.83% or -$78.18, and marked a new high 6 times. However, the stock has declined by -52.34% since its 52-week high.

The Boeing Company (BA) last reported insider trading activity 88 days ago on Feb 14. KELLNER LAWRENCE W, the Director of the company, purchased of 5,000 shares for $208.91 on Feb 14. It resulted in a $1,044,550 investment by the insider. MOLLENKOPF STEVEN M added 480 shares at an average price of $208.39 on Feb 01. The insider now owns 1,632 shares following the transaction. On Nov 05, SVP, Communications Dandridge Edward Lee sold 990 shares at $221.87 apiece. The transaction was valued at $219,651.

Valuation Metrics

The latest dividend of $2.0550 per share was paid out, remained unchanged from last year’s $2.0550.

Financial Health

In the three months ended September 29, The Boeing Company’s quick ratio stood at 0.30, while its current ratio was 1.30, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 3.20% percent. In the year ended September 29, operating margins totaled -6.50%. Based on annual data, BA earned $3.05 billion in gross profit and brought in $62.29 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -5.00%. Return on equity (ROE) for the past 12 months was 31.80%.

In The Boeing Company’s quarter-end financial report for September 29, it reported total debt of $55.15 billion against cash and short-term investments of $4.87 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. BA’s revenue fell -8.76% to $14.79 billion during the quarter, while net income inched up to $13.99 billion. While analysts expected The Boeing Company to report -$0.21 quarterly earnings, the actual figure was -$0.6 per share, beating the consensus estimate by -185.70%. During the quarter, the company generated -$676.0 million in EBITDA. The liabilities of The Boeing Company were 151.07 billion at the end of its most recent quarter ended September 29, and its total debt was $59.64 billion. The value of shareholders’ equity is $591.64 million.

Technical Picture

This quick technical analysis looks at The Boeing Company’s (BA) price momentum. With a historical volatility rate of 62.24%, the RSI 9-day stood at 14.12% on 12 May.

With respect to its five-day moving average, the current The Boeing Company price is down by -18.16% percent or -$27.33. At present, BA shares trade -32.66% below its 20-day simple moving average and -36.07% percent below its 100-day simple moving average. However, the stock is currently trading approximately -37.75% below its SMA50 and -46.82% below its SMA200.

Stochastic coefficient K was 3.35% and Stochastic coefficient D was 3.73%, while ATR was 8.51. Given the Stochastic reading of 5.13% for the 14-day period, the RSI (14) reading has been calculated as 19.11%. As of today, the MACD Oscillator reading stands at -13.43, while the 14-day reading stands at -19.92.

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