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GE Aerospace (GE)
NYSE:GE
Holding GE?
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GE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$105.73 - $194.80
Previous Close$192.61
Volume4.73M
Average Volume (3M)4.70M
Market Cap
$208.85B
Enterprise Value$225.43B
Total Cash (Recent Filing)$3.34B
Total Debt (Recent Filing)$19.67B
Price to Earnings (P/E)45.7
Beta0.95
Next Earnings
Oct 22, 2024EPS Estimate
$1.14Last Dividend Ex-Date
Sep 26, 2024Dividend Yield0.48%
Share Statistics
EPS (TTM)4.21
Shares Outstanding1,084,311,016
10 Day Avg. Volume2,929,342
30 Day Avg. Volume4,703,232
Standard Deviation0.11
R-Squared0.32
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)11.23
Price to Sales (P/S)3.37
Price to Cash Flow (P/CF)57.20
P/FCF Ratio62.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.64
Enterprise Value/Gross Profit12.84
Enterprise Value/Ebitda35.69
Forecast
1Y Price Target
$209.64Price Target Upside7.93% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
GE Aerospace News
Bulls Say, Bears Say
Bulls Say
Aftermarket ServicesLEAP aftermarket will generate much higher revenue and EBIT growth than currently expected driving upside to GE’s 2028 EBIT target at $10B.
EarningsAnalyst recommends GE at Outperform with a price target of $225, raised from $201, due to a higher market multiple.
Investment And ExpansionGE has committed to investing $1bn in the MRO network to increase test capacity and reduce turnaround time.
Bears Say
Competitive PressuresCompetitors like Rolls-Royce and RTX are making strategic moves to capture market share, putting pressure on GE's position.
Regulatory And Manufacturing ConcernsThe FAA proposed an airworthiness directive affecting 31 US LEAP-1Bs due to manufacturing issues, which could lead to increased scrutiny and costs.
Supply Chain ChallengesPersistent supply chain issues have resulted in lower engine deliveries, impacting revenue potential.
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Ownership Overview
0.17% Insiders
30.32% Mutual Funds
0.53% Other Institutional Investors
51.29% 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 $105.73 and its highest was $194.80 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 Oct 22, 2024 which is today.
How were GE Aerospace’s earnings last quarter?
GE Aerospace released its earnings results on Jul 23, 2024. The company reported $1.2 earnings per share for the quarter, beating the consensus estimate of $0.986 by $0.214.
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 0.48%. See more information on GE Aerospace dividends here
What is GE Aerospace’s EPS estimate?
GE Aerospace’s EPS estimate is $1.14.
How many shares outstanding does GE Aerospace have?
GE Aerospace has 1,084,311,000 shares outstanding.
What happened to GE Aerospace’s price movement after its last earnings report?
GE Aerospace reported an EPS of $1.2 in its last earnings report, beating expectations of $0.986. Following the earnings report the stock price went up 5.673%.
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
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$209.64 (7.93% Upside)
$209.64 (7.93% Upside)
Blogger Sentiment
Bullish
GE Sentiment 81%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 11.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 4.3%
Last 30 Days ▲ 4.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
125.76%
12-Months-Change
Fundamentals
Return on Equity
18.50%
Trailing 12-Months
Asset Growth
-24.43%
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
Q2 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
$209.64
▲(7.93% Upside)
Technical Analysis
Best Analysts Covering GE
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+69.30%
reiterated a buy rating 4 months ago
Copying Christopher Snyder's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +69.30% per trade.
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