BA
The Boeing Company
BA has lower modeled downside risk, despite its lower overall score.
SHIP
Seanergy Maritime Holdings Corp.
SHIP has the edge over BA overall, supported by stronger valuation and stronger fundamentals.
BA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Under pressure |
BA's profitability is currently healthy, and its revenue and cash flow are stable, but its balance sheet is under pressure.
SHIP Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Healthy | |
| Stable |
SHIP's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
BA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $172 | — |
| Cheap | 51x | $496 | +189% |
| Fair | 82x | $790 | +360% |
| Expensive | 91x | $876 | +411% |
Historical ranges are pointers, not guarantees.
BA has the edge over SHIP in the historical PE scenario, which offers more potential upside but is not a forecast.
SHIP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.1x | $8.79 | -44% |
| Current | 5.5x | $15.58 | — |
| Forward | 5.5x | $15.58 | — |
| Fair | 9.8x | $28.08 | +80% |
| Expensive | 14x | $41.38 | +166% |
Historical ranges are pointers, not guarantees.
SHIP's PE is in its fair range at 5.5x. On analysts' estimates for next year's earnings, today's price would be 5.5x.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
BA has the edge over SHIP on the outlook, with more favorable earnings and profitability expectations.
SHIP Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Stable | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect SHIP's revenue to grow, but its profitability to weaken.
BA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $9.66 | +$23.38 |
| Q2 2026 | $2.78 | +$19.33 |
| Q1 2026 | $2.53 | +$20.49 |
| Q4 2025 | $2.48 | +$20.84 |
| Q3 2025 | -$13.72 | -$0.83 |
| Q2 2025 | -$16.55 | -$10.93 |
| Q1 2025 | -$17.96 | -$14.42 |
| Q4 2024 | -$18.36 | -$14.69 |
BA has returned to profit: it earned $9.66 per share over the past year, after losing money the year before.
SHIP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.82 | -1.3% |
| Q2 2026 | $2.86 | +281% |
| Q1 2026 | $1.79 | +43% |
| Q4 2025 | $1.00 | -52% |
| Q3 2025 | $0.73 | -69% |
| Q2 2025 | $0.75 | -47% |
| Q1 2025 | $1.25 | +56% |
| Q4 2024 | $2.09 | +4080% |
| Q3 2024 | $2.32 | +$2.81 |
SHIP has the edge over BA on earnings, with more consistent year-over-year improvement.
BA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $24.2B | +3.9% |
| Q2 2026 | $24.6B | +8% |
| Q1 2026 | $22.2B | +14% |
| Q4 2025 | $23.9B | +57% |
| Q3 2025 | $23.3B | +30% |
| Q2 2025 | $22.7B | +35% |
| Q1 2025 | $19.5B | +18% |
| Q4 2024 | $15.2B | -31% |
BA has the edge over SHIP on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.5% | +22 points |
| Q2 2026 | 0.6% | +1.4 points |
| Q1 2026 | 2% | -0.3 points |
| Q4 2025 | 37% | +61 points |
| Q3 2025 | -21% | +12 points |
| Q2 2025 | -0.8% | +5.7 points |
| Q1 2025 | 2.4% | +2.9 points |
| Q4 2024 | -25% | -26 points |
BA's operating margin was 1.5% last quarter, up 22 points from the same quarter a year ago.
SHIP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $55.7M | +49% |
| Q1 2026 | $42.9M | +77% |
| Q4 2025 | $49.4M | +19% |
| Q3 2025 | $47M | +5.9% |
| Q2 2025 | $37.5M | -13% |
| Q1 2025 | $24.2M | -37% |
| Q4 2024 | $41.7M | +5.7% |
| Q3 2024 | $44.4M | +81% |
SHIP's revenue has grown year over year for four quarters in a row: $56M last quarter, up 49% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 47% | +25 points |
| Q1 2026 | 27% | +35 points |
| Q4 2025 | 37% | +12 points |
| Q3 2025 | 34% | -5.9 points |
| Q2 2025 | 22% | -23 points |
| Q1 2025 | -7% | -46 points |
| Q4 2024 | 26% | -11 points |
| Q3 2024 | 40% | +40 points |
SHIP has the edge over BA on profitability, with a higher operating margin.
BA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $464M | +95% |
| Q2 2026 | $631M | +$831M |
| Q1 2026 | -$1.5B | +$836M |
| Q4 2025 | $375M | +$4.5B |
| Q3 2025 | $238M | +$2.2B |
| Q2 2025 | -$200M | +$4.1B |
| Q1 2025 | -$2.3B | +$1.6B |
| Q4 2024 | -$4.1B | -239% |
BA has the edge over SHIP on cash flow, with more consistent year-over-year improvement.
SHIP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$7.6M | -192% |
| Q1 2026 | -$19.6M | +$8.4M |
| Q4 2025 | $26.5M | +$39.6M |
| Q3 2025 | $10.8M | -18% |
| Q2 2025 | $8.2M | +$21.9M |
| Q1 2025 | -$28M | -294% |
| Q4 2024 | -$13.1M | -156% |
| Q3 2024 | $13.3M | +122% |
SHIP's free cash flow has turned positive again: $10M over the past year, against −$20M the year before.
BA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +2.1M shares |
| 1 year | +4.3% | +32.8M shares |
| 3 years | +31% | +186M shares |
| 5 years | +35% | +204M shares |
| Available history | +40% | +227M shares |
BA has 793M diluted shares, up 4.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
SHIP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +177K shares |
| 1 year | +3.2% | +664K shares |
| 3 years | +7.4% | +1.5M shares |
| 5 years | +23% | +3.9M shares |
| Available history | +2117046% | +21.1M shares |
SHIP has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $2M |
| Q3 2024 | $1M |
SHIP hasn't bought back shares in the past year.
BA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.0x | Elevated |
| Q2 2026 | 5.7x | High |
| Q1 2026 | 6.0x | High |
| Q4 2025 | 6.9x | High |
| Q2 2024 | 361.8x | High |
| Q1 2024 | 36.1x | High |
| Q4 2023 | 36.4x | High |
| Q3 2023 | 96.1x | High |
BA's net debt is about 3.0 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
SHIP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.1x | Moderate |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 2.9x | Moderate |
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 4.3x | High |
| Q1 2025 | 3.7x | Elevated |
| Q4 2024 | 2.6x | Moderate |
| Q3 2024 | 2.1x | Moderate |
SHIP has the edge over BA on leverage, with a lower net debt burden relative to earnings.
BA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.1 | Neutral |
| Stochastic | 9.6 | Oversold |
BA's weekly RSI is 31 (neutral) and its Stochastic is 10 (oversold).
SHIP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.4 | Neutral |
| Stochastic | 19.7 | Oversold |
SHIP's weekly RSI is 49 (neutral) and its Stochastic is 20 (oversold).
BA PE vs Industrials Sector
| Metric | BA | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 26% below |
| PE % | 0 | 58 | 58 pts below |
BA is trading at 18x earnings, a 26% discount to the Industrials sector's median of 24x, though its earnings don't support one.
SHIP PE vs Industrials Sector
| Metric | SHIP | Sector median | Relative |
|---|---|---|---|
| PE | 5.5x | 24x | 77% below |
| PE % | 33 | 58 | 25 pts below |
SHIP has the edge over BA on valuation relative to its sector.
BA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $184.6 | 7.1% below |
| 20 week MA | $203.8 | 16% below |
| 50 week MA | $215.5 | 20% below |
| 100 week MA | $205.9 | 17% below |
| 200 week MA | $200.6 | 14% below |
BA is in a downtrend: it's below all five of its weekly moving averages, and 14% below its 200-week average.
SHIP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $16.0 | 2.8% below |
| 20 week MA | $16.5 | 5.3% below |
| 50 week MA | $14.3 | 9.3% above |
| 100 week MA | $10.7 | 45% above |
| 200 week MA | $9.14 | 70% above |
SHIP has the edge over BA on trend strength, trading above more of its moving averages.
BA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $330.1 | $217.2 | -34% |
| 2021 | $217.2 | $204.2 | -6% |
| 2022 | $204.2 | $189.1 | -7.4% |
| 2023 | $189.1 | $260.7 | +38% |
| 2024 | $260.7 | $180.7 | -31% |
| 2025 | $180.7 | $216.4 | +20% |
| 2026 YTD | $216.4 | $171.6 | -21% |
BA has finished lower in four of the last six years. It's down 21% so far in 2026.
SHIP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $81.4 | $5.04 | -94% |
| 2021 | $5.04 | $9.12 | +81% |
| 2022 | $9.12 | $5.74 | -37% |
| 2023 | $5.74 | $7.83 | +36% |
| 2024 | $7.83 | $6.72 | -14% |
| 2025 | $6.72 | $9.45 | +41% |
| 2026 YTD | $9.45 | $15.6 | +65% |
SHIP has the edge over BA on returns for 2026, with the stronger performance.