Boeing Co (NYSE:BA) price on current trading day, rose 0.64% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $173.94.
A look at the stock’s price movement, the level at last check in today’s session was $172.83, moving within a range at $170.77 and $175.63. The beta value (5-Year monthly) was 1.526. Turning to its 52-week performance, $196.95 and $137.03 were the 52-week high and 52-week low respectively. Overall, BA moved -3.84% over the past month.
Boeing Co’s market cap currently stands at around $130.87 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Jan-27.
Analysts have a consensus estimate of 19.59B for the company’s revenue for the quarter, with a low and high estimate of 18.18B and 21.25B respectively. The average forecast suggests up to a 18.20% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 85.09B, representing a 27.92% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BA is a 50% Sell. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
21 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 5 analyst(s) rate the stock as a Hold, 12 recommend BA as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 3 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BA’s current price about 5.12% and 0.76% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.00, while 7-day volatility ratio is 2.66% and 3.68% in the 30-day chart. Further, Boeing Co (BA) has a beta value of 1.24, and an average true range (ATR) of 5.96. Analysts have given the company’s stock an average 52-week price target of $201, forecast between a low of $109 and high of $240. Looking at the price targets, the low is 37.33% off recent price level in today’s trading while to achieve the yearly target high, it has to move -37.98%. Nonetheless, investors will most likely welcome a -15.56% jump to $201 which is the analysts’ median price.
If we refocus on Boeing Co (NYSE:BA), historical trading data shows that trading volumes averaged 8.12 over the past 10 days and 7.92 million over the past 3 months. The company’s latest data on shares outstanding shows there are 752.41 million shares.
The 0.15% of Boeing Co’s shares are in the hands of company insiders while institutional holders own 74.98% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 17.08 million on 2025-02-28, giving us a short ratio of 2.32. The data shows that as of 2025-02-28 short interest in Boeing Co (BA) stood at 227.0 of shares outstanding, with shares short falling to 18.75 million registered in 2025-01-31. Current price change has pushed the stock -1.73% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BA stock continues to rise going into the next quarter.
