The Boeing Company

The Boeing Company (NYSE: BA) is a leading global aerospace company that develops, manufactures and services commercial airplanes, defense products and space systems in over 150 countries.

Key Highlights

• In Q3FY21 (ended September 30, 2021), the company recorded total revenues of USD 15.3 billion, up 8.1% from USD 14.1 billion in Q3FY20.
• Its net loss was reduced to USD 109 million from USD 449 million in Q3FY20.
• On December 07, 2021, BA announced that 777 Partners has agreed to almost double its 737 MAX order book with the purchase of 30 additional jets.
• Its Q3FY21 EBITDA and operating margins were 6.9% and 2.2%, lower than the industry median of 12.0% and 7.1%, respectively.
• Stock is currently trading below its crucial short-term (50-day) and long-term (200-day) SMA support levels and its RSI Index is at 51.33.
• It is currently leaning towards the lower end of its 52-week range of USD 188.00 to USD 278.57.
• BA's stock price fell 13.61% in the nine months.

Technical Price Chart (as of December 08, 2021). Analysis by Kalkine

Conclusion: Considering the decent financial performance in Q3FY21, low-profit margins, and other technical indicators, we recommend a "Watch" rating on the stock at the current price of USD 211.72, up 1.38%, as of December 08, 2021, 11:05 AM ET.

*The reference data in this report has been partly sourced from REFINITIV.

Solo Brands, Inc.

Solo Brands, Inc. (NYSE: DTC) is focused on developing and producing innovative lifestyle products through a disruptive and scaled direct-to-customer platform. The company offers innovative products directly to consumers, primarily online through four lifestyle brands – Solo Stove firepits, stoves, and accessories, Chubbies premium casual apparel and activewear, Oru Kayak, origami folding kayaks, and ISLE paddleboards.

Key Highlights

• DTC reported a 138.3% increase in total revenue to USD 69.4 million in Q3FY21 (ended September 30, 2021) from USD 29.1 million in Q3FY20.
• Its Q3FY21 net income was USD 2.1 million, a 79.4% decline from USD 10.3 million reported in the previous quarter, owing to higher selling, general and administrative (SG&A) expenses (USD 28.6 million vs. USD 9.5 million in Q3FY20).
• Its shares recently commenced trading on the NYSE on October 28, 2021. A total of 12,903,225 shares were issued in the IPO at an issue price of USD 17.00 per share.
• For Q3FY21, its EBITDA margin was 26.2%, lower than 39.8% for Q3FY20.
• The stock is currently trading at an RSI level of 42.63.
• It is leaning towards the lower end of its YTD range of USD 15.28 to USD 23.39.
• DTC's stock price fell 18.83% in the past month.

Technical Price Chart (as of December 08, 2021). Analysis by Kalkine

Conclusion: Considering the newly listed status of the company, top and bottom-line performance, and other technical indicators, we recommend a "Watch" rating on the stock at the current price of USD 15.63, down 10.33%, as of December 08, 2021, 10:28 AM ET.

*The reference data in this report has been partly sourced from REFINITIV.