Boeing (NYSE:BA) Notches Up despite Whistleblower News, Customer Troubles
TipRanks (Mon, 13-May 1:32 PM ET)
Boeing (NYSE:BA) Notches Up Despite New Whistleblower News, Troubles With Customers
TipRanks (Mon, 13-May 1:32 PM ET)
Boeing’s Leadership Transition: A Positive Outlook for Turnaround and Stock Appreciation
TipRanks (Mon, 13-May 8:05 AM ET)
Lufthansa CEO says Boeing’s plane delays are ‘annoying’
Seeking Alpha News (Sun, 12-May 2:57 PM ET)
Seeking Alpha News (Fri, 10-May 3:00 PM ET)
SEC is said to be probing Boeing’s safety claims about 737
Seeking Alpha News (Thu, 9-May 3:54 PM ET)
Sky Is Falling at Boeing (NYSE:BA), Shares Up Anyway
TipRanks (Thu, 9-May 1:35 PM ET)
Sky is Falling at Boeing (NYSE:BA), Shares Up Fractionally Anyway
TipRanks (Thu, 9-May 1:35 PM ET)
Boeing Cargo Plane's Daring Gearless Landing In Istanbul, Investigation Underway
Benzinga (Wed, 8-May 11:41 AM ET)
PRNewswire (Wed, 8-May 11:00 AM ET)
Boeing is a major aerospace and defense firm. It operates in three segments: commercial airplanes; defense, space, and security; and Global services. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft that can carry more than 130 passengers. Boeing's defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.
Boeing Company trades on the NYSE stock market under the symbol BA.
As of May 13, 2024, BA stock price declined to $178.44 with 2,906,595 million shares trading.
BA has a beta of 1.23, meaning it tends to be more sensitive to market movements. BA has a correlation of 0.21 to the broad based SPY ETF.
BA has a market cap of $109.54 billion. This is considered a Large Cap stock.
Last quarter Boeing Company reported $17 billion in Revenue and -$1.13 earnings per share. This beat revenue expectation by $1 billion and exceeded earnings estimates by $.52.
In the last 3 years, BA stock traded as high as $267.54 and as low as $113.02.
The top ETF exchange traded funds that BA belongs to (by Net Assets): VTI, VOO, SPY, VUG, IVV.
BA has underperformed the market in the last year with a return of -11.2%, while the SPY ETF gained +27.8%. In the last 3 month period, BA fell short of the market, returning -14.7%, while SPY returned +4.3%. However, in the most recent 2 weeks BA has outperformed the stock market by returning +6.7%, while SPY returned +2.5%.
BA support price is $175.22 and resistance is $181.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BA stock will trade within this expected range on the day.