Boeing Co. (NYSE:BA) has a beta value of 1.53 and has seen 1.16 million shares traded in the recent trading session. The company, currently valued at $111.03B, closed the recent trade at $181.98 per share which meant it gained $0.42 on the day or 0.23% during that session. The BA stock price is -47.02% off its 52-week high price of $267.54 and 3.15% above the 52-week low of $176.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.68 million shares traded. The 3-month trading volume is 9.77 million shares.
Boeing Co. (NYSE:BA) trade information
Sporting 0.23% in the green today, the stock has traded in the red over the last five days, when the BA stock price touched $181.98 or saw a rise of 3.6%. Year-to-date, Boeing Co. shares have moved -30.18%, while the 5-day performance has seen it change -3.22%. Over the past 30 days, the shares of Boeing Co. (NYSE:BA) have changed -8.32%. Short interest in the company has seen 10.81 million shares shorted with days to cover at 1.36.
Boeing Co. (BA) estimates and forecasts
Figures show that Boeing Co. shares have outperformed across the wider relevant industry. The company’s shares have lost -2.88% over the past 6 months, with this year growth rate of 116.87%, compared to 14.30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -29.90% and 103.70% for the next quarter. Revenue growth from the last financial year stood is estimated to be 10.00%.
15 analysts offering their estimates for the company have set an average revenue estimate of $17.15 billion for the current quarter. 21 have an estimated revenue figure of $20.9 billion for the next quarter concluding in Jun 2024.
BA Dividends
Boeing Co. is expected to release its next earnings report on April 24 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Boeing Co. (NYSE:BA)’s Major holders
Insiders own 0.07% of the company shares, while shares held by institutions stand at 65.59% with a share float percentage of 65.64%. Investors are also buoyed by the number of investors in a company, with Boeing Co. having a total of 2,807 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 47.25 million shares worth more than $9.98 billion. As of Jun 29, 2023, Vanguard Group Inc held 7.85% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 36.82 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $7.77 billion and represent 6.12% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Jun 29, 2023, the former fund manager holds about 3.12% shares in the company for having 18.77 million shares of worth $3.96 billion while later fund manager owns 13.46 million shares of worth $2.84 billion as of Jun 29, 2023, which makes it owner of about 2.24% of company’s outstanding stock.
