Is The Boeing Company (NYSE:BA) Still A Hot Buy?

 Looking at the stock we see that its previous close was $166.08 and the beta (5Y monthly) reads 1.42 with the day’s price range being $162.01 – 165.50. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, BA has a high of $383.77 and a low of $89. The company’s stock has gained about -4.66% over that past 30 days.

The has a market cap of $87.75 Billion and is expected to release its quarterly earnings report on Oct 21, 2020- Oct 26, 2020. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the BA stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$2.22, with the EPS growth for the year declined at -$9.51 for 2020 and $4.24 for next year. These figures represent 1.74% and at -1.45% growth in computer engineering careers for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $14.9 Billion, with a low of $12.53 Billion and a high of $18.3 Billion. The median projection represents growth adding up to -25.4% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $61.51 Billion, or -19.7% down from figures reported last year.