How to Buy Boeing Co Stock
Boeing Co
Boeing Co is a defense company located in Washington, United States, which is part of the Industrials sector, and is traded under the ticker BA on the NYSE exchange.
Boeing Co stock last closed at $167.75, up 1.08% from the previous day, and has decreased 32.53% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 0.54 percentage points. Boeing Co stock is currently +22.42% from its 52-week low of $137.03, and -37.3% from its 52-week high of $267.54.
At the moment, there are 618.2M shares of BA outstanding. The market value of BA is $103.70B. In the past 24 hours, 10.28M BA shares were traded.
How to Buy Boeing Co Stock
Not sure how to invest in Boeing Co stock? Here's how.
- Figure out where to buy Boeing Co stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Boeing Co stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your payment method and add your information.
- Analyze Boeing Co stock: The Boeing Co ticker symbol is BA. Is Boeing Co stock a good investment? Should you buy shares of BA? How do BA's underlying business fundamentals look? Do top analysts think Boeing Co is a good buy? Why has BA's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if BA is a good stock to buy).
- Execute your BA purchase: Decide if you will purchase BA shares at the current market price or use a limit order to buy BA shares at a particular price.
- Monitor your BA position: Create a watchlist to get the latest news on your position in Boeing Co stock.
Step 1: Figure out where to buy Boeing Co stock
You need an online brokerage account to access the NYSE market and buy BA stock.
Our recommended brokerage: eToro
We believe that eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world markets: From Technology to Energy, New York to London — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal details so you can invest in BA stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new trading account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've created your account on a mobile trading app, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help depositing funds into your brokerage account.
Step 4: Analyze Boeing Co stock
After you have selected the best place to buy Boeing Co stock, it's very important to analyze their stock before you invest, so you actually comprehend the risk as well as the opportunity.
Boeing Co Metrics
Boeing Co Overview
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on BA's stock page.
What is the fair value of BA stock?
Investors use many financial metrics, analyses, models, and charts to gauge BA's intrinsic value.
You can access more valuation research on BA's stock here.
BA Financial Summary
Pros:
- BA has cash burn of 7208000000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the BA balance sheet.
- There are more short-term assets than short-term liabilities on the BA balance sheet.
- BA has $10.47B in cash and short term investments. This is enough to cover its annual cash burn of $7.21B.
Cons:
- BA profit margin has gone down from -3.7% to -10.9% in the past year.
- BA debt to equity ratio of -6.85 is negative.
- Total BA debt is still negative.
Is it a good time to buy BA stock, according to Wall Street analysts?
Out of 16 Equities analysts who monitor BA, the consensus analyst rating on BA is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
Most Recent BA Analyst Ratings
Kristine Liwag, a top 9% analyst from Morgan Stanley maintains BA with a hold rating and lowers their BA price target from $195.00 to $170.00, on Oct 24, 2024.
Charles Minervino, a top 31% analyst from Susquehanna maintains BA with a strong buy rating and lowers their BA price target from $210.00 to $200.00, on Oct 24, 2024.
Josh Sullivan, a top 1% analyst from Benchmark reiterates BA with a strong buy rating and maintains their BA price target from $250.00 to $250.00, on Oct 24, 2024.
Peter Arment, a top 10% analyst from Baird maintains BA with a buy rating and lowers their BA price target from $240.00 to $200.00, on Oct 24, 2024.
Baird's Peter Arment lowered their price target on Boeing Co (NYSE: BA) by 16.7% from $240 to $200 on 2024/10/24. The analyst maintained their Buy rating on the stock.
Boeing Co reported its Q3 2024 earnings on 2024/10/23.
Arment attributed Q3's results to weaker performance at BCA as expected and widening losses at BDS.
Recovery will remain on hold as long as the IAM strike lasts, which will be at least into 2024/11 because union membership recently voted 64% to reject Boeing Co's latest offer, the analyst added.
Earnings Report
For Q3 2024, Boeing Co reported:
- Loss per share of $10.44, which missed the Zacks Consensus Estimate of $(10.34) and Q3 2023's $(3.26).
- Revenue of $17.84B, in line with the Zacks Consensus Estimate but down 1% from Q3 2023's $18.1B.
Management did not provide financial guidance in its press release or earnings presentation.
In prepared remarks, President & CEO Kelly Ortberg said: "I’ve spent my entire career in the aerospace and defense business and one constant has always been the critical role that Boeing plays, not just to the A&D industry, but to our national security, and the overall global economy.
But clearly, we are at a crossroads:
- The trust in our company has eroded.
- We’re saddled with too much debt.
- We’ve had serious lapses in our performance across the company which have disappointed many of our customers.
But, by the same token, we have great opportunities ahead:
- Our company backlog is roughly half-a-trillion dollars.
- We have a customer base that want us and need us to succeed.
- We have employees who are thirsty to get back to the iconic company they know, setting the standards for the products that we deliver.
So, my mission here is pretty straightforward. Turn this big ship in the right direction and restore Boeing to the leadership position that we all know and want.
Now to do this is going to require changes in four particular areas and let me introduce them, and I’ll come back and discuss each one.
- First, we need a fundamental culture change in the company.
- Second, we must stabilize the business.
- Third, we need to improve our execution discipline on new platform commitments across the company.
- And fourth, while doing the first three, we must build a new future for Boeing.
Jason Gursky, a top 8% analyst from Citigroup maintains BA with a strong buy rating and lowers their BA price target from $224.00 to $209.00, on Oct 15, 2024.
You can dive deeper into what analysts are saying on the Boeing Co stock forecast page.
BA Technical Indicators
BA Growth Numbers
Last year, BA revenue was $73.29B. In the last five year, BA's revenue has increased by -3.37% per year. This was slower than the Aerospace & Defense industry average of 13.26%.
Find out more about BA's earnings and revenue performance here.
Latest Insiders Trades at BA
Over the past year, insiders at BA have sold more shares than they have bought.
Michael J. Cleary, Controller of BA, was the latest BA insider to sell. They sold $20,385.23 worth of BA stock on Dec 2, 2024.
Get more info about who owns BA shares here.
Can I get consistent income from BA stock?
No, Boeing Co doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your BA purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open button and your broker will execute your order.
If you want more help investing in stocks on eToro, watch the how to video below:
Step 6: Monitor your BA position
Now that you own some BA shares, you'll want to keep up with your new shares.
Make a watchlist to track your BA stock.
BA Feed
How to Buy Stock in Boeing Co
To reiterate, here are the 6 steps for buying Boeing Co stock:
- Figure out where to buy Boeing Co stock
- Open your brokerage account
- Fund your brokerage account
- Analyze Boeing Co stock
- Execute your BA purchase
- Monitor your BA position
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Boeing Co, add BA to your watchlist below.
More "How To" Guides You May Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.