BA stock price:$354.414.24%At close on August 22nd, 2019
Updated on: August 22nd, 2019
3
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 setup
Elegible
New all-time high
No
New 52 week high
No
Price crossing up 200d MA
No
100d MA crossing up 200d MA
No
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?
Date
Analyst / Broker
Previous rating
Current rating
2019-8-6
Berenberg Bank
n/a
Buy
2019-7-25
Wolfe Research
Outperform
Peer Perform
2019-7-25
Credit Suisse Group
n/a
Buy
2019-7-19
Jefferies Financial Group
n/a
n/a
2019-7-15
Credit Suisse Group
n/a
Buy
2019-7-12
Goldman Sachs Group
n/a
Neutral
2019-7-12
Goldman Sachs Group
n/a
Neutral
2019-7-11
Buckingham Research
n/a
Neutral
2019-7-10
UBS Group
n/a
Buy
2019-6-14
Goldman Sachs Group
n/a
Neutral
2019-6-14
Goldman Sachs Group
n/a
Neutral
2019-6-13
Berenberg Bank
n/a
Buy
2019-5-7
Barclays
Overweight
Equal Weight
2019-4-8
Goldman Sachs Group
n/a
Neutral
2019-4-8
Cowen
n/a
Buy
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
Date
Analyst / Broker
Action
Previous target
Current target
Diff
2019-8-6
Berenberg Bank
Set Price Target
n/a
$400.00
-
2019-7-25
Wolfe Research
Downgrades
$404.00
$393.00
-2.7%
2019-7-25
Credit Suisse Group
Set Price Target
n/a
$425.00
-
2019-7-19
Jefferies Financial Group
Lowers Target
$448.00
$420.00
-6.3%
2019-7-15
Credit Suisse Group
Set Price Target
n/a
$427.00
-
2019-7-12
Goldman Sachs Group
Set Price Target
n/a
$375.00
-
2019-7-12
Goldman Sachs Group
Reiterates
n/a
$375.00
-
2019-7-11
Buckingham Research
Raises Target
$370.00
$395.00
6.8%
2019-7-10
UBS Group
Reiterates
$500.00
$480.00
-4%
2019-6-14
Goldman Sachs Group
Set Price Target
n/a
$396.00
-
2019-6-14
Goldman Sachs Group
Reiterates
n/a
$396.00
-
2019-6-13
Berenberg Bank
Set Price Target
n/a
$415.00
-
2019-5-7
Barclays
Downgrades
$417.00
$367.00
-12%
2019-4-8
Goldman Sachs Group
Set Price Target
n/a
$393.00
-
2019-4-8
Cowen
Reiterates
n/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
Quarter
Reporting date
Estimated EPS
Actual EPS
Surprise
2017-Q2
-
n/a
2.89
n/a
2017-Q3
2017-10-25
2.66
2.72
2.3%
2017-Q4
2018-01-31
2.89
3.06
5.9%
2018-Q1
2018-04-25
2.59
3.64
40.5%
2018-Q2
2018-07-25
3.45
3.33
-3.5%
2018-Q3
2018-10-24
3.45
3.58
3.8%
2018-Q4
2019-01-30
4.52
5.48
21.2%
2019-Q1
2019-04-23
4.29
n/a
n/a
2019-Q2
-
n/a
n/a
n/a
2019-Q3
-
n/a
n/a
n/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
Year
Sales
YoY
Income/(margin)
YoY
2013
$86,620 M
-
$4,580 M5.3%
-
2014
$90,762 M
4.78%
$5,446 M6.0%
18.91%
2015
$96,114 M
5.90%
$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 M
7.58%
$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
Quarter
Sales1
QoQ2
Income1/(margin)
QoQ2
2017-Q2
$22,740 M
-
$1,760 M7.7%
-
2017-Q3
$24,310 M
6.90%
$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 M
3.75%
$2,196 M9.1%
-11.34%
2018-Q3
$25,146 M
3.66%
$2,363 M9.4%
7.60%
2018-Q4
$28,341 M
12.71%
$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:
BA
ERJ
GD
GE
HON
Market cap
$206.5 B
$3.3 B
$54.2 B
$71.2 B
$117.2 B
Total shares
582.6 M
183.9 M
288.9 M
8,730.0 M
719.5 M
Float shares
562.0 M
174.0 M
277.4 M
8,720.0 M
686.9 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 selling
0.0%
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 gain
4.24%
Average true range
$8.42
50d mov avg
$350.23
100d mov avg
$355.37
200d mov avg
$357.41
Daily pattern
lb06c
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.
Stock
3m
6m
12m
BABoeing
0.48%
-15.42%
3.65%
ERJEmbraer
-2.88%
-14.24%
-6.34%
GDGeneral Dynamics
14.98%
9.97%
-0.47%
GEGeneral Electric
-13.56%
-16.39%
-31.26%
HONHoneywell Interna...
-1.81%
7.35%
10.14%
LMTLockheed Martin
13.78%
26.42%
22.49%
NOCNorthrop Grumman
19.72%
29.41%
26.46%
RTNRaytheon
4.51%
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: