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 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 gathered 15 ratings published for BA stock in the last 30 days.
Is BA a good stock to buy?
Date
Analyst / Broker
Previous rating
Current rating
2019-9-9
UBS Group
n/a
Buy
2019-9-12
UBS Group
n/a
Neutral
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
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
Date
Analyst / Broker
Action
Previous target
Current target
Diff
2019-9-9
UBS Group
Set Price Target
n/a
$470.00
-
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%
(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
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
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
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 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
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 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:
BA
ERJ
GD
GE
HON
Market cap
$213.5 B
$3.4 B
$54.3 B
$82.2 B
$121.2 B
Total shares
562.7 M
183.9 M
288.8 M
8,730.0 M
719.5 M
Float shares
562.0 M
174.0 M
277.4 M
8,710.0 M
687.1 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 selling
0.0%
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:
Stock
3m
6m
12m
BABoeing
2.67%
6.01%
4.15%
ERJEmbraer
-6.64%
-2.45%
-1.11%
GDGeneral Dynamics
6.63%
14.76%
-6.05%
GEGeneral Electric
-9.94%
-5.42%
-19.14%
HONHoneywell Interna...
-2.92%
9.13%
7.19%
LMTLockheed Martin
10.11%
35.46%
19.67%
NOCNorthrop Grumman
14.71%
38.30%
22.08%
RTNRaytheon
6.98%
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.