The Boeing Company (NYSE:BA) has a beta of 1.63. The stock’s Relative Strength Index (RSI) is 52.08, with weekly volatility at 2.32% and ATR at 6.14. The BA stock’s 52-week price range has touched low of $141.58 and a $278.57 high. Its shares traded lower over the last trading session, losing -0.87% on 06/14/21. The shares fell to a low of $244.40 before closing at $245.14. Intraday shares traded counted 9.26 million, which was 37.15% higher than its 30-day average trading volume of 14.73M. BA’s previous close was $247.28 while the outstanding shares total 585.40M.
Investors have identified the Aerospace & Defense company The Boeing Company as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $143.98 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
The Boeing Company (BA) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For BA, the company has in raw cash 7.06 billion on their books with 6.02 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 119.94 billion total, with 89.89 billion as their total liabilities.
BA were able to record -3.68 billion as free cash flow during the 07/28/2021 quarter of the year, this saw their quarterly net cash flow reduce by -776.0 million. In cash movements, the company had a total of -3.39 billion as operating cash flow.
Potential earnings growth for The Boeing Company (BA)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/28/2021 quarter of the year, The Boeing Company recorded a total of 15.22 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -11.11% coming in sequential stages and their sales for the 07/28/2021 quarter reducing by -0.57%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 13.8 billion trying to sell their products during the last quarter, with the result yielding a gross income of 1.42 billion. This allows shareholders to hold on to 585.40M with the recently reported earning now reading -0.96 cents per share. This is a figure that compared to analyst’s prediction for their 07/28/2021 (-1.53 cents a share).
Having a look at the company’s valuation, the company is expected to record 4.87 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on BA sounds very interesting.
Is the stock of BA attractive?
In related news, Controller, Hibbard Carol J. sold 2,000 shares of the company’s stock in a transaction that recorded on May 13. The sale was performed at an average price of 224.97, for a total value of 449,940. As the sale deal closes, the EVP, Government Operations, KEATING TIMOTHY JOHN now sold 21,737 shares of the company’s stock, valued at 4,394,135. Also, EVP, Pres. & CEO, BGS, COLBERT THEODORE III sold 5,000 shares of the company’s stock in a deal that was recorded on Feb 02. The shares were price at an average price of 200.80 per share, with a total market value of 1,004,000. Following this completion of acquisition, the Director, MOLLENKOPF STEVEN M now holds 1,152 shares of the company’s stock, valued at 199,711. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
12 out of 26 analysts covering the stock have rated it a Buy, while 9 have maintained a Hold recommendation on The Boeing Company. 3 analysts has assigned a Sell rating on the BA stock. The 12-month mean consensus price target for the company’s shares has been set at $262.83.