Boeing Co (NYSE:BA) has suffered another major setback in its attempts to get its 737 Max planes off the ground. Regulators there have warned they found a new problem with the already-grounded jets. The Federal Aviation Administration (FAA) has not revealed the details of what the “potential risk” is. In a statement on Wednesday, the FAA said it was “following a thorough process, not a prescribed timeline” for returning the planes to service.
Technical Stock Analysis
Boeing Co (NYSE:BA), a Industrial Goods sector firm, traded 4.48 Million shares in last trading session and stock popped up 1.52% with closing price of $374.94 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Boeing Co (NYSE:BA)’s gross margin stands at 19.20%.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Boeing Co (NYSE:BA)’s profitability or to compare the efficiency of different investments, hence, BA return on investment (ROI) is 76.40%.
52-Week Range are valuable stats for watching Boeing Co (NYSE:BA)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Boeing Co (NYSE:BA)’s stock value has moved between $292.92 – 446.36 in last one year.
Analysts mean target price for Boeing Co (NYSE:BA) is $421.05 while analysts mean recommendation is 2.30.
Its weekly performance is 1.73% while year to date (YTD) performance is 16.26%.
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Boeing Co (NYSE:BA)’s EPS growth this year is 51.70%. For best decision making investors should look at Boeing Co (NYSE:BA)’s EPS growth for next year stands at 45.96%.