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GE Aerospace (GE)
NYSE:GE
GE Aerospace (GE) Stock Price & Analysis
23,187 Followers
GE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$81.54 - $170.80
Previous Close$155.69
Volume6.25M
Average Volume (3M)7.05M
Market Cap
$170.42B
Enterprise Value$188.46B
Total Cash (Recent Filing)$3.74B
Total Debt (Recent Filing)$20.52B
Price to Earnings (P/E)51.1
Beta1.02
Next Earnings
Jul 23, 2024EPS Estimate
$0.98Last Dividend Ex-Date
Apr 12, 2024Dividend Yield0.28%
Share Statistics
EPS (TTM)3.05
Shares Outstanding1,094,606,676
10 Day Avg. Volume5,646,672
30 Day Avg. Volume7,052,339
Standard Deviation0.12
R-Squared0.30
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)16.02
Price to Sales (P/S)2.51
Price to Cash Flow (P/CF)44.40
P/FCF Ratio55.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.04
Enterprise Value/Gross Profit10.73
Enterprise Value/Ebitda27.58
Forecast
1Y Price Target
$183.47Price Target Upside17.70% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
GE Aerospace News
PremiumCompany Announcements
GE Aerospace Submits Key SEC Filing
PremiumCompany Announcements
GE Aerospace Exec Executes Major Stock TransactionBulls Say, Bears Say
Bulls Say
EarningsThe curtains close on consolidated GE with a $0.20 EPS beat, with GE Aero showcasing 19.1% margins and a 50 bps raise of 2024 margin.
Free Cash FlowA Bigger '>' on >$5BB FCF with Aero's $1.7BB of Q1 FCF doubling year-over-year, supporting a significant buyback and dividend increase.
Revenue GrowthRevenue was up 15% yoy driven by strong pricing, spare parts volume, and increasing deliveries on widebody aircraft.
Bears Say
Employee EfficiencyLinkedIn data suggests GE has a higher proportion of employees in non-operational roles compared to its peers, which could indicate inefficiencies in its current staff structure.
LeadershipGE Aero Chief Operating Officer John Slattery to depart in June.
Supply ChainSupply chain constraints continue to weigh on new engine deliveries.
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Ownership Overview
11.30% Insiders
30.34% Mutual Funds
48.50% Other Institutional Investors
9.85% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GE FAQ
What was GE Aerospace’s price range in the past 12 months?
GE Aerospace lowest stock price was $81.54 and its highest was $170.80 in the past 12 months.
What is GE Aerospace’s market cap?
Currently, no data Available
When is GE Aerospace’s upcoming earnings report date?
GE Aerospace’s upcoming earnings report date is Jul 23, 2024 which is in 38 days.
How were GE Aerospace’s earnings last quarter?
GE Aerospace released its earnings results on Apr 23, 2024. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.711 by $0.109.
Is GE Aerospace overvalued?
According to Wall Street analysts GE Aerospace’s price is currently Undervalued.
Does GE Aerospace pay dividends?
GE Aerospace pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 0.28%. See more information on GE Aerospace dividends here
What is GE Aerospace’s EPS estimate?
GE Aerospace’s EPS estimate is $0.98.
How many shares outstanding does GE Aerospace have?
GE Aerospace has 1,094,606,700 shares outstanding.
What happened to GE Aerospace’s price movement after its last earnings report?
GE Aerospace reported an EPS of $0.82 in its last earnings report, beating expectations of $0.711. Following the earnings report the stock price went up 8.276%.
Which hedge fund is a major shareholder of GE Aerospace?
Among the largest hedge funds holding GE Aerospace’s share is Tci Fund Management Ltd. It holds GE Aerospace’s shares valued at 8B.
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GE Aerospace Stock Smart Score
Outperform
1
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4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$183.47 (17.70% Upside)
$183.47 (17.70% Upside)
Blogger Sentiment
Bullish
GE Sentiment 84%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 11.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
87.40%
12-Months-Change
Fundamentals
Return on Equity
14.12%
Trailing 12-Months
Asset Growth
-0.32%
Trailing 12-Months
Company Description
GE Aerospace
GE Aerospace, formerly known as General Electric Company, specializes in designing and manufacturing commercial and defense aircraft engines, integrated engine components, and electric power and mechanical aircraft systems. It also offers aftermarket services to support its products.
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GE Company Deck
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GE Earnings Call
Q1 2024
0:00 / 0:00
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GE Revenue Breakdown
55.58% Services revenues
39.43% Equipment revenues
4.99% Insurance revenues
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GE Stock 12 Month Forecast
Average Price Target
$183.47
▲(17.70% Upside)
Technical Analysis
Best Analysts Covering GE
1 Year
1 Year Success Rate
13/13 ratings generated profit
1 Year Average Return
+62.20%
reiterated a buy rating 6 days ago
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