Boeing (NYSE:BA) Trading Down 2% – Should You Sell?

The Boeing Company (NYSE:BA) shares were down 2% on Wednesday . The stock traded as low as $206.42 and last traded at $206.6150. 4,274,030 shares were traded during trading, a decline of 35% from the average session volume of 6,612,320 shares. The stock had previously closed at $210.73.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing’s turnaround is showing early progress after free cash flow turned positive. However, investors will want to see sustained cash generation, supported by faster widebody deliveries and continued execution. Boeing free cash flow turnaround article
• Positive Sentiment: An $880 million U.S. Navy contract reinforces Boeing’s defense backlog and diversification beyond commercial aircraft. A report that President Trump purchased Boeing shares on the same day as the award could create political scrutiny, but the contract itself is financially supportive. Boeing Navy contract article
• Neutral Sentiment: Archer Aviation’s reported acquisition of Boeing businesses including Wisk Aero, Insitu and SkyGrid highlights potential portfolio restructuring and Boeing’s involvement in future air-mobility and autonomous systems. The immediate financial effect on BA is unclear. Archer Aviation acquisition article
• Neutral Sentiment: A fatal Miami runway accident involved a 1994-built Boeing 767 converted to a freighter in 2015. Because the aircraft was older and operated by a third party, the direct product liability implications for Boeing remain uncertain, though the investigation could create reputational risk for the company and the 767 platform. Miami Boeing 767 crash article
• Negative Sentiment: Boeing delivered 51 aircraft in August, slightly below July and down from 57 a year earlier. The decline was driven by fewer 787 Dreamliner handovers, raising concern that delivery momentum and cash recovery remain uneven. Airbus’ stronger delivery performance further emphasizes Boeing’s execution gap. Boeing August deliveries Reuters article

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Btg Pactual set a $260.00 target price on shares of Boeing in a research note on Tuesday, July 14th. Citigroup cut shares of Boeing from a “buy” rating to a “sell” rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. increased their price objective on Boeing from $270.00 to $290.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Cantor Fitzgerald lowered Boeing to a “neutral” rating in a research note on Tuesday, August 11th. Finally, Royal Bank Of Canada reduced their target price on Boeing from $275.00 to $265.00 and set an “outperform” rating for the company in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $272.58.

Boeing Trading Down 2.0%

The stock’s 50 day simple moving average is $219.48 and its 200 day simple moving average is $219.65. The firm has a market cap of $163.30 billion, a PE ratio of 89.44 and a beta of 1.21. The company has a debt-to-equity ratio of 6.77, a quick ratio of 0.33 and a current ratio of 1.14.

Boeing (NYSE:BA) last posted its quarterly earnings data 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). Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The company had revenue of $24.56 billion for the quarter, compared to analysts’ expectations of $24.26 billion. During the same quarter last year, the business posted ($1.24) EPS. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. On average, sell-side analysts forecast that The Boeing Company will post -0.87 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Boeing

Several hedge funds have recently added to or reduced their stakes in BA. Tortoise Investment Management LLC purchased a new position in shares of Boeing in the 2nd quarter worth about $210,000. Sequoia Financial Advisors LLC increased its position in shares of Boeing by 7.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 64,409 shares of the aircraft producer’s stock valued at $13,943,000 after purchasing an additional 4,503 shares during the last quarter. National Pension Service raised its holdings in shares of Boeing by 1.0% during the 2nd quarter. National Pension Service now owns 1,666,045 shares of the aircraft producer’s stock valued at $360,649,000 after buying an additional 17,061 shares in the last quarter. Engineers Gate Manager LP raised its holdings in shares of Boeing by 71.0% during the 2nd quarter. Engineers Gate Manager LP now owns 281,264 shares of the aircraft producer’s stock valued at $60,885,000 after buying an additional 116,818 shares in the last quarter. Finally, Capital Analysts LLC lifted its position in Boeing by 1.4% in the 2nd quarter. Capital Analysts LLC now owns 16,856 shares of the aircraft producer’s stock worth $3,649,000 after buying an additional 233 shares during the last quarter. Institutional investors own 64.82% of the company’s stock.

About Boeing

The Boeing Company is a global aerospace company that designs, manufactures and services commercial airplanes, military aircraft, satellites, space systems and other aerospace products. Its principal business areas include commercial airplanes, defense and security, and aftermarket services that support aircraft operations throughout their life cycles.

Boeing’s commercial portfolio includes the 737, 767, 777 and 787 families of jetliners, while its defense and space operations provide products and services for the U.S.