Boeing Z Score
BA  Stock  USD 173.76 1.93 1.12% 
Boeing  Z Score 
Boeing Z Score Analysis
Boeing's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2019  2020  2021  2022 (projected)  
Revenues USD  76.56 B  58.16 B  62.29 B  67.6 B 
Revenues  76.56 B  58.16 B  62.29 B  79.79 B 
Z Score  =  Sum Of   5 Factors 
Current Boeing Z Score  0.6 
Most of Boeing's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Boeing Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Boeing Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Boeing is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Boeing's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Boeing's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Boeing's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
In accordance with the company's disclosures, Boeing Company has a Z Score of 0.6. This is 85.26% lower than that of the Industrials sector and 74.68% lower than that of the Aerospace & Defense industry. The z score for all United States stocks is 93.12% higher than that of the company.
Boeing Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Boeing's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Boeing could also be used in its relative valuation, which is a method of valuing Boeing by comparing valuation metrics of similar companies.Boeing is currently under evaluation in z score category among related companies.
Boeing Current Valuation Drivers
We derive many important indicators used in calculating different scores of Boeing from analyzing Boeing's financial statements. These drivers represent accounts that assess Boeing's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Boeing's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  58.22 K  68.37 K  (3.95 K)  (83.98 K)  (29.59 K)  (30.37 K)  
Revenue Per Employee  663.29 K  660.96 K  475.23 K  411.34 K  438.63 K  448.49 K  
Average Assets  95.77 B  114.69 B  128.17 B  154.84 B  146.09 B  138.43 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  11.75 B  13.52 B  34 M  (10.8 B)  (1.07 B)  (1.1 B)  
Earnings Before Interest Taxes and Depreciation Amortization USD  12.51 B  14.19 B  734 M  (10.01 B)  (119 M)  (122.13 M)  
Earnings before Tax  10.11 B  11.6 B  (2.26 B)  (14.41 B)  (4.95 B)  (5.08 B)  
Average Equity  200 M  (292.25 M)  (4.48 B)  (12.87 B)  (16.04 B)  (16.47 B)  
Enterprise Value  177.84 B  186.99 B  198.22 B  171.24 B  170.97 B  164.65 B  
Free Cash Flow  11.7 B  13.72 B  (3.95 B)  (19.42 B)  (3.87 B)  (3.97 B)  
Invested Capital  31.89 B  30.71 B  42.73 B  109.76 B  95.98 B  77.65 B  
Invested Capital Average  32.18 B  31.53 B  38.02 B  94.99 B  102.51 B  110.6 B  
Market Capitalization  175.64 B  183.14 B  183.33 B  120.84 B  118.32 B  129.68 B  
Tangible Asset Value  104.23 B  106.09 B  122.23 B  141.21 B  127.92 B  124.84 B  
Working Capital  10.55 B  6.24 B  4.92 B  34.36 B  26.67 B  22.82 B 
Boeing ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower socialengagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Boeing's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Boeing's managers, analysts, and investors.Environment Score  Governance Score  Social Score 
Boeing Institutional Holders
Institutional Holdings refers to the ownership stake in Boeing that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Boeing's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in highprofile magazines, and presentations at investor conferences help move the stock higher, increasing Boeing's value.Security Type  Shares  Value  
Zwj Investment Counsel Inc  Common Shares  1.1 K  211 K  
Zwj Investment Counsel Inc  Common Shares  1.1 K  222 K  
Zwj Investment Counsel Inc  Common Shares  1.1 K  246 K  
Zwj Investment Counsel Inc  Common Shares  1.1 K  266 K  
Zwj Investment Counsel Inc  Common Shares  1.1 K  282 K  
Zwj Investment Counsel Inc  Common Shares  10.4 K  1.6 M  
Zwj Investment Counsel Inc  Common Shares  11.6 K  3.8 M 
Boeing Fundamentals
Return On Equity  0.0014 %  
Return On Asset  (2.06) %  
Profit Margin  (13.75) %  
Operating Margin  (4.36) %  
Current Valuation  146.1 B  
Shares Outstanding  595.98 M  
Shares Owned by Insiders  0.10 %  
Shares Owned by Institutions  58.28 %  
Number of Shares Shorted  9.95 M  
Price to Earning  55.89 X  
Price to Book  25.66 X  
Price to Sales  1.70 X  
Revenue  61.42 B  
Gross Profit  5.19 B  
EBITDA  (2.68 B)  
Net Income  (8.44 B)  
Cash and Equivalents  14.26 B  
Cash per Share  23.92 X  
Total Debt  57.22 B  
Debt to Equity  17.31 %  
Current Ratio  1.22 X  
Book Value Per Share  (29.72) X  
Cash Flow from Operations  771 M  
Short Ratio  1.25 X  
Earnings Per Share  (8.28) X  
Price to Earnings To Growth  (0.21) X  
Number of Employees  142 K  
Beta  1.45  
Market Capitalization  104.21 B  
Total Asset  94.41 B  
Retained Earnings  48.23 B  
Working Capital  17.82 B  
Current Asset  68.23 B  
Current Liabilities  50.41 B  
Z Score  0.6  
Five Year Return  2.48 %  
Last Dividend Paid  2.06 
About Boeing Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Boeing Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boeing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boeing Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company was incorporated in 1916 and is based in Chicago, Illinois. Boeing operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 142000 people.
Boeing Investors Sentiment
The influence of Boeing's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Boeing. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Boeing's public news can be used to forecast risks associated with investment in Boeing. The trend in average sentiment can be used to explain how an investor holding Boeing can time the market purely based on public headlines and social activities around Boeing Company. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Boeing's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Boeing's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Boeing's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Boeing.
Boeing Implied Volatility  50.02 
Boeing's implied volatility exposes the market's sentiment of Boeing Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Boeing's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Boeing stock will not fluctuate a lot when Boeing's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Boeing in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Boeing's short interest history, or implied volatility extrapolated from Boeing options trading.
Pair Trading with Boeing
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boeing position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boeing will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Boeing could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Boeing when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boeing  that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Boeing Company to buy it.
The correlation of Boeing is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between 1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boeing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boeing Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boeing can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Continue to Boeing Piotroski F Score and Boeing Valuation analysis. Note that the Boeing Company information on this page should be used as a complementary analysis to other Boeing's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Boeing Stock analysis
When running Boeing Company price analysis, check to measure Boeing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boeing is operating at the current time. Most of Boeing's value examination focuses on studying past and present price action to predict the probability of Boeing's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Boeing's price. Additionally, you may evaluate how the addition of Boeing to your portfolios can decrease your overall portfolio volatility.
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Is Boeing's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Boeing. If investors know Boeing will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Boeing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY (0.68)  Market Capitalization 106.3 B  Quarterly Revenue Growth YOY 0.044  Return On Assets (0.0206) 
The market value of Boeing Company is measured differently than its book value, which is the value of Boeing that is recorded on the company's balance sheet. Investors also form their own opinion of Boeing's value that differs from its market value or its book value, called intrinsic value, which is Boeing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Boeing's market value can be influenced by many factors that don't directly affect Boeing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Boeing's value and its price as these two are different measures arrived at by different means. Investors typically determine Boeing value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boeing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.