Boeing stock: buy or sell?

BA stock price: $379.39 -1.31% At close on September 20th, 2019

Updated on:
September 20th, 2019

4

Boeing slightly fell an awful -1.31% and closed at $379.39.

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?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Boeing stock situation right now, hence this is not a suitable entry point.

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 gathered 15 ratings published for BA stock in the last 30 days.

Is BA a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-9UBS Groupn/aBuy
2019-9-12UBS Groupn/aNeutral
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

Boeing stock analysis

Daily outlook

Shares of Boeing slightly fell an awful -1.31% and closed at $379.39.

Shares of Boeing slightly fell an awful -1.31% and closed at $379.39. Since price and SMA200d lines crossed up on September 5th, BA climbed $22.86 (6.41%).

BA stock chart (daily)

Weekly outlook

Boeing remained stable a tight -0.10% this week. By mid August BA climbed an astounding 7.18% in just one week.

The downtrend marked by BA has left successive falling tops and bottoms. If the support holds the price, this might mark a double bottom configuration and create a flat-base to reverse this downtrend. Since late August when BA stock price broke up the SMA40w line, it gained $23.38 (6.57%). Far behind is the all-time high Boeing marked late February and since then the price is -13.91% 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 $409.60

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We have 14 price forecasts for Boeing stock released in the last 30 days:
BA stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-9UBS GroupSet Price Targetn/a$470.00-
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%
(in average)$427.80$409.60-4.0%
The price target for Boeing stock is $409.60, moving in a range between $480.00 and $367.00. In average, analysts' outlook on BA price target is negative, downsizing the forecast by a -4.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when Boeing presented its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update 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

In 2018, Boeing annual turnover soared a very good 7.58% to $101,127.00 million USD from $94,005.00 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) gained a 1.35% to 10.34%.

To have an updated picture 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 dollars. When comparing this TTM figures with the last reported annuality, we can esteem Boeing business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, remained steady a tight -0.46%. Regarding profit margin, Boeing stayed steady -0.28% to 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 reported $22,917.00 million in revenues for 2019-Q1, a -19.14% decline compared to previous quarter. Reported quarter earnings marked $2,149.00 M with a profit margin of 9.38%. Profit margin declined a -2.70% compared to previous quarter when profit margin was 12.08%. When comparing revenues to same quarter last year, Boeing sales marked a lame drop down and decreased 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 stock, it's worth to have a look 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.

The following table compares ownership indicators for other stocks related to Boeing:

BAERJGDGEHON
Market cap$213.5 B$3.4 B$54.3 B$82.2 B$121.2 B
Total shares562.7 M183.9 M288.8 M8,730.0 M719.5 M
Float shares562.0 M174.0 M277.4 M8,710.0 M687.1 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

Friday, September 20th, 2019
Open$384.11
Close$379.39
Day range$377.92 - $384.73
Previous close$384.44
Session gain-1.31%
Average true range$8.22
50d mov avg$354.08
100d mov avg$354.17
200d mov avg$360.59
Daily pattern
Weekly pattern lt02a

Boeing performance

To measure stock performance is always good to compare with competitors or related stocks. We compared Boeing against Embraer, General Dynamics, General Electric, Honeywell International, Lockheed Martin, Northrop Grumman, Raytheon, Spirit Aerosystems, Textron and United Technologies in the following table:
Stock3m6m12m
BABoeing2.67%6.01%4.15%
ERJEmbraer-6.64%-2.45%-1.11%
GDGeneral Dynamics6.63%14.76%-6.05%
GEGeneral Electric-9.94%-5.42%-19.14%
HONHoneywell Interna...-2.92%9.13%7.19%
LMTLockheed Martin10.11%35.46%19.67%
NOCNorthrop Grumman14.71%38.30%22.08%
RTNRaytheon6.98%9.42%-2.24%
SPRSpirit Aerosystem...2.44%-6.56%-10.40%
TXTTextron-1.87%1.98%-28.99%
UTXUnited Technologi...5.91%9.56%-2.36%

Boeing competitors

One check before investing in any stock is to review a list of its competitors, in this case for Boeing. We picked 10 companies as Boeing competitors as they are in the same industry or have similar market objectives.

Latest Boeing stock news