Boeing stock: buy or sell?

BA stock price: $354.41 4.24% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

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Boeing closed today at $354.41 and skyrocketed a dazzling 4.24%.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.

Should I buy Boeing stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Boeing stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Boeing stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we detected 15 ratings published for BA stock in the last month.

Is BA a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-6Berenberg Bankn/aBuy
2019-7-25Wolfe ResearchOutperformPeer Perform
2019-7-25Credit Suisse Groupn/aBuy
2019-7-19Jefferies Financial Groupn/an/a
2019-7-15Credit Suisse Groupn/aBuy
2019-7-12Goldman Sachs Groupn/aNeutral
2019-7-12Goldman Sachs Groupn/aNeutral
2019-7-11Buckingham Researchn/aNeutral
2019-7-10UBS Groupn/aBuy
2019-6-14Goldman Sachs Groupn/aNeutral
2019-6-14Goldman Sachs Groupn/aNeutral
2019-6-13Berenberg Bankn/aBuy
2019-5-7BarclaysOverweightEqual Weight
2019-4-8Goldman Sachs Groupn/aNeutral
2019-4-8Cowenn/aBuy

Boeing stock analysis

Daily outlook

Boeing skyrocketed a dazzling 4.24% and closed at $354.41.

Shares of Boeing skyrocketed a dazzling 4.24% and closed at $354.41. Since price and SMA200d lines crossed down on July/25, BA fell $-4.78 per share (-1.33%). Price climbed above $339.08 breaking the short term down trend. $339.08 should act now as a support and could be tested in the coming days.

BA stock chart (daily)

Weekly outlook

Boeing closed this week at $354.41 and skyrocketed an amazing 7.25%. Late July BA plummed a chilling -9.38% in just one week.

Since price and 40-weeks moving average lines crossed down late July, BA fell $-20.61 per share (-5.50%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Far behind is the all-time high Boeing marked late February and since then the price is -19.58% below that top.

BA stock chart (weekly)

Boeing stock price history

Boeing stock historical price chart

BA stock reached all-time highs on March with a price of $440.71.

Boeing stock price target is $407.80

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We detected 15 price targets for Boeing stock published in the last month:
BA stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-6Berenberg BankSet Price Targetn/a$400.00-
2019-7-25Wolfe ResearchDowngrades$404.00$393.00-2.7%
2019-7-25Credit Suisse GroupSet Price Targetn/a$425.00-
2019-7-19Jefferies Financial GroupLowers Target$448.00$420.00-6.3%
2019-7-15Credit Suisse GroupSet Price Targetn/a$427.00-
2019-7-12Goldman Sachs GroupSet Price Targetn/a$375.00-
2019-7-12Goldman Sachs GroupReiteratesn/a$375.00-
2019-7-11Buckingham ResearchRaises Target$370.00$395.006.8%
2019-7-10UBS GroupReiterates$500.00$480.00-4%
2019-6-14Goldman Sachs GroupSet Price Targetn/a$396.00-
2019-6-14Goldman Sachs GroupReiteratesn/a$396.00-
2019-6-13Berenberg BankSet Price Targetn/a$415.00-
2019-5-7BarclaysDowngrades$417.00$367.00-12%
2019-4-8Goldman Sachs GroupSet Price Targetn/a$393.00-
2019-4-8CowenReiteratesn/a$460.00-
(in average)$427.80$407.80-5.0%
Moving in a range from $480.00 and $367.00, the price target for BA stock is $407.80. In average, analysts' outlook on BA price forecast is negative, downgrading the forecast by a -5.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on April, Boeing decreased a disappointing -4.40%. As soon as we get its actual EPS from the earnings report, we will extend this report.
BA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a2.89n/a
2017-Q32017-10-252.662.722.3%
2017-Q42018-01-312.893.065.9%
2018-Q12018-04-252.593.6440.5%
2018-Q22018-07-253.453.33-3.5%
2018-Q32018-10-243.453.583.8%
2018-Q42019-01-304.525.4821.2%
2019-Q12019-04-234.29n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw an excellent gain of 7.58% to $101,127.00 million USD. Nonetheless, its earnings margin (compared to revenues) grew to 10.34%, that is $10,460.00 million.

To have an updated view of the financial situation of Boeing, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Boeing TTM sales up to March 2019 were $100,662.00 and income was $10,132.00 M USD. If we compare this TTM figures with the last reported annuality, we can review Boeing business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, remained stable a neutral -0.46%. In line, profit margin (net income/revenues) stayed steady at 10.34%.

BA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$86,620 M-$4,580 M5.3%-
2014$90,762 M4.78%$5,446 M6.0%18.91%
2015$96,114 M5.90%$5,176 M5.4%-4.96%
2016$94,571 M-1.61%$4,895 M5.2%-5.43%
2017$94,005 M-0.60%$8,458 M9.0%72.79%
2018$101,127 M7.58%$10,460 M10.3%23.67%
TTM $100,662 M-0.46%$10,132 M10.1%-3.14%

Quarterly financial results

Boeing posted $22,917.00 M in sales for 2019-Q1, a -19.14% decline compared to previous quarter. Reported quarter income marked $2,149.00 million with a profit margin of 9.38%. Profit margin slightly fell a -2.70% compared to previous quarter when profit margin was 12.08%. When comparing sales to same quarter last year, Boeing sales marked a lame loss and depreciated a -1.99%.
BA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$22,740 M-$1,760 M7.7%-
2017-Q3$24,310 M6.90%$1,850 M7.6%5.11%
2017-Q4$24,157 M-0.63%$3,059 M12.7%65.35%
2018-Q1$23,382 M-3.21%$2,477 M10.6%-19.03%
2018-Q2$24,258 M3.75%$2,196 M9.1%-11.34%
2018-Q3$25,146 M3.66%$2,363 M9.4%7.60%
2018-Q4$28,341 M12.71%$3,424 M12.1%44.90%
2019-Q1$22,917 M-19.14%$2,149 M9.4%-37.24%

Boeing ownership

When you are planning to buy a company, it's always worth to overview its ownership structure.

Boeing shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.07% of all shares.

In case of Boeing stock, 70.56% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for BA stock account 0.00%, no big difference from last month.

For a better understanding, the next table shows ownership data compared to other related companies:

BAERJGDGEHON
Market cap$206.5 B$3.3 B$54.2 B$71.2 B$117.2 B
Total shares582.6 M183.9 M288.9 M8,730.0 M719.5 M
Float shares562.0 M174.0 M277.4 M8,720.0 M686.9 M
  - Institutional holdings (%)70.6%45.6%87.8%58.6%77.1%
  - Insider holdings (%)0.1%0.2%6.0%0.2%0.4%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Boeing summary

Thursday, August 22nd, 2019
Open$342.43
Close$354.41
Day range$341.02 - $356.43
Previous close$339.99
Session gain4.24%
Average true range$8.42
50d mov avg$350.23
100d mov avg$355.37
200d mov avg$357.41
Daily patternlb06c
Weekly pattern lb06a

Boeing performance

To better understand Boeing performance you must compare its gains with other related stocks in same sector or industry. We picked Embraer, General Dynamics, General Electric, Honeywell International, Lockheed Martin, Northrop Grumman, Raytheon, Spirit Aerosystems, Textron and United Technologies as the bechmarking frame for Boeing stock.
Stock3m6m12m
BABoeing0.48%-15.42%3.65%
ERJEmbraer-2.88%-14.24%-6.34%
GDGeneral Dynamics14.98%9.97%-0.47%
GEGeneral Electric-13.56%-16.39%-31.26%
HONHoneywell Interna...-1.81%7.35%10.14%
LMTLockheed Martin13.78%26.42%22.49%
NOCNorthrop Grumman19.72%29.41%26.46%
RTNRaytheon4.51%1.34%-4.55%
SPRSpirit Aerosystem...-7.15%-21.60%-10.93%
TXTTextron-5.64%-18.47%-34.54%
UTXUnited Technologi...-2.04%1.30%-1.81%

Boeing competitors

We chose a few stocks to conform a list of Boeing competitors to review if you are interested in investing in BA:

Latest Boeing stock news