Digging Up the Facts on The Boeing Company (BA)

The Boeing Company (BA) is an interesting player in the Industrial Goods space, with a focus on Aerospace/Defense Products & Services. The stock has been active on the tape, currently trading at $338.67, down from yesterday’s close by -1.60%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

The Boeing Company (BA) currently trades with a market capitalization of $201.71 Billion. That value represents a market adjusting for revenues that have been growing by 8.94 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $11.61 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $2.64 on a per share basis this quarter. Perhaps, that suggests something about why 0.61% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, The Boeing Company recorded a 52-week high of $371.60. It is now trading 32.93% off that level. The stock is trading $339.34 its 50-day moving average by 0.66999999999996%. The stock carved out a 52-week low down at $173.75.

In recent action, The Boeing Company (BA) has made a move of -1.49% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 16.68, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.04% with $585.37 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of BA.

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