Boeing (NYSE:BA) Stock Price Down 1% – Should You Sell?

The Boeing Company (NYSE:BA)’s stock price was down 1% during trading on Tuesday . The stock traded as low as $205.50 and last traded at $205.63. Approximately 4,806,373 shares were traded during trading, a decline of 28% from the average session volume of 6,653,706 shares. The stock had previously closed at $207.78.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing projects Africa’s commercial aircraft fleet will expand substantially through 2045, highlighting a potentially important long-term growth market for new aircraft and services. Boeing Projects Africa’s Commercial Aircraft Fleet in 2045
• Positive Sentiment: Ethiopian Airlines is reportedly nearing an agreement to purchase as many as 10 Boeing long-haul freighters. Although not finalized, the potential order would reinforce Boeing’s position in Africa and its cargo aircraft franchise. Ethiopian Airlines nears Boeing cargo plane order
• Positive Sentiment: Albany International extended its agreement to manufacture composite fuselage frames for Boeing’s 787 Dreamliner, providing additional visibility for the program’s supply chain and production outlook. Albany Engineered Composites Secures Contract Extension
• Positive Sentiment: Argus upgraded BA to Buy, citing Boeing’s large backlog, revenue growth, margin potential and a second-quarter cash-flow turnaround. The upgrade adds analyst support to the recovery narrative. Q2 Cash Flow Turnaround Supports Boeing’s Rating Upgrade
• Positive Sentiment: Billionaire investors David Tepper and Paul Tudor Jones reportedly established Boeing positions, suggesting some institutional investors see value in a longer-term production and profitability recovery despite weak technical momentum. What Do Tepper and Tudor See in Boeing
• Neutral Sentiment: Boeing delivered the final batch of mPower satellites, marking progress in its space business, though the announcement is likely less financially material than developments in commercial aircraft. Boeing Delivers Final Round of mPower Satellites
• Negative Sentiment: Boeing paid a $3.1 million FAA fine tied to hundreds of safety violations, including alleged interference with oversight and issues involving the 2024 Alaska Airlines 737 MAX 9 door-plug incident. The previously undisclosed penalty could intensify concerns about compliance, quality control and regulatory risk. Boeing Paid $3.1 Million Fine to FAA
• Negative Sentiment: Boeing’s $8.4 billion acquisition of Spirit AeroSystems is reportedly exposing previously unidentified liabilities and losses, raising integration, cash-flow and execution concerns. Boeing’s $8.4 Billion Deal Is Bleeding Red Ink

Analysts Set New Price Targets

BA has been the subject of several recent analyst reports. William Blair restated an “outperform” rating on shares of Boeing in a research report on Tuesday, July 28th. JPMorgan Chase & Co. increased their price target on Boeing from $270.00 to $290.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Cantor Fitzgerald lowered Boeing to a “neutral” rating in a research note on Tuesday, August 11th. Sanford C. Bernstein started coverage on Boeing in a report on Tuesday, August 11th. They set an “outperform” rating for the company. Finally, The Goldman Sachs Group downgraded Boeing from a “buy” rating to a “hold” rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $272.58.

Boeing Price Performance

The company has a debt-to-equity ratio of 6.77, a quick ratio of 0.33 and a current ratio of 1.14. The firm has a fifty day simple moving average of $219.88 and a 200 day simple moving average of $220.52. The company has a market capitalization of $166.22 billion, a PE ratio of 91.04 and a beta of 1.21.

Boeing (NYSE:BA) last issued its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.42). The firm had revenue of $24.56 billion during the quarter, compared to analysts’ expectations of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.Boeing’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($1.24) earnings per share. Equities analysts anticipate that The Boeing Company will post -0.87 EPS for the current year.

Institutional Investors Weigh In On Boeing

Large investors have recently modified their holdings of the business. Measured Wealth Private Client Group LLC purchased a new position in Boeing during the third quarter valued at approximately $25,000. Strive Financial Group LLC purchased a new stake in Boeing during the fourth quarter worth $25,000. CrossGen Wealth LLC purchased a new stake in Boeing during the fourth quarter worth $26,000. Highland Investment Advisors LLC bought a new stake in Boeing during the 2nd quarter valued at $26,000. Finally, 1 North Wealth Services LLC bought a new stake in Boeing during the 4th quarter valued at $27,000. Institutional investors own 64.82% of the company’s stock.

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.