The underlying trend is clearly bearish for stocks in Boeing Company (The). This should continue to be the case over the coming trading sessions. Investors should open a short trade and target the $ 110.5.
The company has poor fundamentals for a short-term investment strategy.
The share is getting closer to its long-term support in weekly data, at USD 95.01, which offers good timing for buyers.
Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 95.01 support.
Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 49% by 2022.
The company is one of the best yield companies with high dividend expectations.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The firm trades with high earnings multiples: 22.83 times its 2020 earnings per share.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the past seven days, analysts have been lowering their EPS expectations for the company.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
The technical configuration over the long term remains negative on the weekly chart below the resistance level at 197.75 USD
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