-11.69% percent quarterly performance for Boeing Co (BA) is not indicative of the underlying story

A new trading day began on Tuesday, with Boeing Co (NYSE: BA) stock price down -1.53% from the previous day of trading, before settling in for the closing price of $153.10. BA’s price has ranged from $137.03 to $267.54 over the past 52 weeks.

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During the last 5-year period, the sales drop of Industrials Sector giant was -3.50%. Meanwhile, its annual earnings per share averaged -174.98%. With a float of $746.56 million, this company’s outstanding shares have now reached $747.58 million.

Let’s determine the extent of company efficiency that accounts for 171000 employees. In terms of profitability, gross margin is 3.13%, operating margin of -9.08%, and the pretax margin is -11.09%.

Boeing Co (BA) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Aerospace & Defense Industry. The insider ownership of Boeing Co is 0.14%, while institutional ownership is 54.70%. The most recent insider transaction that took place on Nov 26 ’24, was worth 1,507,600.

Boeing Co (BA) Earnings and Forecasts

In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.47 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.46 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -174.98% per share during the next fiscal year.

Boeing Co (NYSE: BA) Trading Performance Indicators

Here are Boeing Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.91, a number that is poised to hit -1.66 in the next quarter and is forecasted to reach 1.27 in one year’s time.

Technical Analysis of Boeing Co (BA)

Looking closely at Boeing Co (NYSE: BA), its last 5-days average volume was 10.02 million, which is a jump from its year-to-date volume of 9.2 million. As of the previous 9 days, the stock’s Stochastic %D was 91.83%. Additionally, its Average True Range was 4.83.

During the past 100 days, Boeing Co’s (BA) raw stochastic average was set at 22.91%, which indicates a significant decrease from 84.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.48% in the past 14 days, which was lower than the 36.00% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $151.53, while its 200-day Moving Average is $173.21. However, in the short run, Boeing Co’s stock first resistance to watch stands at $152.67. Second resistance stands at $154.57. The third major resistance level sits at $156.01. If the price goes on to break the first support level at $149.33, it is likely to go to the next support level at $147.89. Should the price break the second support level, the third support level stands at $145.99.

Boeing Co (NYSE: BA) Key Stats

With a market capitalization of 112.70 billion, the company has a total of 618,201K Shares Outstanding. Currently, annual sales are 77,794 M while annual income is -2,222 M. The company’s previous quarter sales were 17,840 M while its latest quarter income was -6,170 M.