The Boeing Company (NYSE:BA – Get Free Report) was the target of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 11,629,515 shares, a decrease of 15.0% from the February 12th total of 13,688,808 shares. Currently, 1.5% of the shares of the stock are short sold. Based on an average daily volume of 5,133,220 shares, the short-interest ratio is presently 2.3 days. Based on an average daily volume of 5,133,220 shares, the short-interest ratio is presently 2.3 days. Currently, 1.5% of the shares of the stock are short sold.
Key Stories Impacting Boeing
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Large U.S. Air Force E-7A/Wedgetail contract modification (~$2.34–$2.43B) expands Boeing’s defense backlog through 2032, providing near-term revenue visibility and supporting cash flow forecasts. Boeing wins $2.34B U.S. Air Force contract modification for E-7A aircraft
- Positive Sentiment: Reports note surging demand in military and other segments that could support higher production cadence and longer-term revenue upside (article highlights talk of “quadruple production” in some areas). This narrative boosts investor confidence in Boeing’s recovery trajectory. “Quadruple Production”: Boeing Stock (NYSE:BA) Jumps as Demand Surges
- Neutral Sentiment: Boeing’s commercial deliveries remain strong (February deliveries outpaced Airbus, hitting a multi‑year high), showing operational momentum even as quality checks continue. This helps offset near-term concerns. Boeing Deliveries Outpace Rival. Shares Dip On 737 MAX Wiring Issue.
- Neutral Sentiment: Broader contract awards reporting ( ~$2.49B update) highlights ongoing government work across Boeing and peers — supportive for backlog but not a game changer by itself. Boeing Contracts Get $2.49 Bil. Update; KC-135s Collide Over Iraq
- Negative Sentiment: Boeing is repairing up to ~25 undelivered 737 MAX jets after discovering wiring flaws caused by machining damage; deliveries may be delayed while inspections/rework proceed, pressuring near-term delivery counts and cash flow. Boeing repairing 25 737 MAX jets with wiring flaws, Bloomberg News reports
- Negative Sentiment: U.S. Air Force leadership has told lawmakers Boeing must fix ongoing KC‑46 tanker issues before additional orders, which could limit near-term follow‑on tanker revenue and weigh on program reputation. USAF general says Boeing has to fix tanker problems before US orders more
- Negative Sentiment: Investor sentiment remains cautious: recent wiring disclosures triggered share weakness over the past week as quality concerns persist despite strong delivery guidance and upbeat analyst coverage. Investors Are Betting on Boeing’s Turnaround Even as Quality Questions Linger
Boeing Trading Up 2.5%
Shares of BA stock opened at $209.97 on Monday. Boeing has a 1-year low of $128.88 and a 1-year high of $254.35. The firm has a market cap of $164.90 billion, a PE ratio of 104.46 and a beta of 1.14. The company has a 50-day moving average of $235.19 and a two-hundred day moving average of $219.17. The company has a debt-to-equity ratio of 8.37, a current ratio of 1.19 and a quick ratio of 0.40.
Wall Street Analysts Forecast Growth
BA has been the subject of several recent analyst reports. Royal Bank Of Canada raised their price objective on shares of Boeing from $265.00 to $275.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. JPMorgan Chase & Co. increased their price target on shares of Boeing from $245.00 to $270.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. Vertical Research reaffirmed a “buy” rating and set a $281.00 price target on shares of Boeing in a research report on Tuesday, January 27th. Tigress Financial reiterated a “buy” rating and issued a $275.00 price objective on shares of Boeing in a report on Monday, December 29th. Finally, Zacks Research upgraded Boeing from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Boeing has an average rating of “Moderate Buy” and an average price target of $246.14.
Get Our Latest Stock Analysis on Boeing
Insider Buying and Selling
In related news, Director Mortimer J. Buckley purchased 2,230 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average price of $224.20 per share, with a total value of $499,966.00. Following the completion of the acquisition, the director owned 4,430 shares in the company, valued at $993,206. This trade represents a 101.36% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Howard E. Mckenzie sold 10,497 shares of the business’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $233.99, for a total value of $2,456,193.03. Following the transaction, the executive vice president directly owned 14,692 shares in the company, valued at $3,437,781.08. This trade represents a 41.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 21,012 shares of company stock worth $4,980,687 in the last three months. Company insiders own 0.10% of the company’s stock.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in BA. Measured Wealth Private Client Group LLC acquired a new position in Boeing during the 3rd quarter worth about $25,000. Strive Financial Group LLC acquired a new position in Boeing in the 4th quarter valued at about $25,000. CrossGen Wealth LLC acquired a new stake in shares of Boeing during the fourth quarter worth about $26,000. Ares Financial Consulting LLC acquired a new stake in shares of Boeing during the fourth quarter worth about $26,000. Finally, 1 North Wealth Services LLC purchased a new position in shares of Boeing in the fourth quarter valued at approximately $27,000. 64.82% of the stock is currently owned by institutional investors and hedge funds.
Boeing Company Profile
Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.
Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.
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