The Boeing Company (BA) Director Holds 7500.0 Worth Of Stock

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The stock of The Boeing Company (NYSE:BA) decreased by -$11.41 on Tuesday to finish at $147.31, down -7.19 percent. The last five days have seen an average of 6,023,660 shares of common stock traded. 6 times new highs were reached in the current year, with a fall of -$54.01. The average number of shares traded over the last 20 days was 5,406,595, while the average volume over the last 50 days totaled 7,374,008.

BA stock dropped -13.34% since last month. On 09/13/22, the company’s shares reached a one-month low of $147.13. The stock touched a high of $233.94 on 01/18/22, after rallying from a low of $113.02 in 52 weeks. The price of BA stock has declined by -26.83% or -$54.01 this year, reaching a new high 6 times. Still, the stock price is down -37.03% from the 52-week high.


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Insider Transactions

There have been 212 days since The Boeing Company (BA) last reported insider trading activity on Feb 14. On Feb 14, Director KELLNER LAWRENCE W acquired 5,000 shares at $208.91 each. This transaction resulted in the insider spending $1,044,550. On Feb 01, MOLLENKOPF STEVEN M added 480 shares at a price of US$208.39. After the transaction, the insider now owns 1,632 shares. SVP, Communications Dandridge Edward Lee had earlier sold 990 shares on Nov 05 for $221.87 a share. The transaction was completed for $219,651.

Valuation Metrics

Company paid $2.0550 per share in dividends, remained unchanged from $2.0550 last year.

Financial Health

For the three months ended June 29, The Boeing Company’s quick ratio was 0.30, while its current ratio was 1.30, indicating its inability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 2.70% percent. The Boeing Company’s operating margin stood at -7.00% for the same period. Based on annual data, it had gross profit of $3.05 billion and revenue of $62.29 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. BA’s return on assets (ROA) during the last 12 months has been -3.80%. There was a -5.00% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 35.30%.

Earnings Surprise

According to The Boeing Company’s quarterly financial report for the quarter that ended June 29, it had $51.79 billion in total debt versus $1.36 billion in cash and short-term investments. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $16.68 billion, while revenues fell by -1.9% to $13.99 billion. It was predicted that The Boeing Company’s quarterly earnings would be -$0.37, but it ended up being -$0.16, beating the consensus by -131.20%. EBITDA was $1.28 billion for the quarter. At the end of The Boeing Company’s most recent quarter ended June 29, its liabilities totaled 150.27 billion, while its total debt was $57.2 billion. Equity owned by shareholders amounts to $593.81 million.

Technical Picture

Here’s a quick look at The Boeing Company’s (BA) price momentum from a technical perspective. As of 13 September, the RSI 9-day stood at 30.24%, suggesting the stock is Neutral, with a 44.47% historical volatility rate.

The stochastic %K and %D were 24.67% and 30.82% respectively, while the average true range (ATR) was 5.69. Based on the 14-day stochastic reading of 0.74%, the RSI (14) reading is 36.37%. On the 9-day MACD Oscillator, the stock is at -0.53, and the 14-day reading is at -4.09.

Analyst Ratings

In a note to investors, BofA Securities maintained its a Neutral rating on The Boeing Company (NYSE: BA). However, the firm raised their price target to $170, indicating a possible increase of 1.79% in the stock price. Analysts have assigned The Boeing Company (BA) an Buy rating. BA is a stock that is recommended for selling by 0 brokerage firms, while 3 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 5 rates it overweight and 16 others recommend it as a buy.

What is BA’s price target for the next 12 months?

The current consensus forecast for the stock is between $160.00 and $298.00, with a median target price of $200.00. In analyzing these forecasts, the average price target given by analysts for The Boeing Company (BA) is $211.93.

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