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GE Aerospace (GE)
NYSE:GE
GE Aerospace (GE) Stock Price & Analysis
22,743 Followers
GE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$76.34 - $158.69
Previous Close$148.06
Volume7.32M
Average Volume (3M)7.27M
Market Cap
$161.87B
Enterprise Value$178.33B
Total Cash (Recent Filing)$5.71B
Total Debt (Recent Filing)$20.96B
Price to Earnings (P/E)17.7
Beta1.10
Next Earnings
Apr 23, 2024EPS Estimate
$0.65Last Dividend Ex-Date
Apr 12, 2024Dividend Yield0.16%
Share Statistics
EPS (TTM)8.36
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. Volume7,272,828
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.28
Enterprise Value/Gross Profit4.43
Enterprise Value/Ebitda16.52
Forecast
1Y Price Target
$170.60Price Target Upside13.59% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
GE Aerospace News
Bulls Say, Bears Say
Bulls Say
DividendGE's Board of Directors approved a quarterly dividend of $0.28 per share, marking a significant increase and signifying confidence in the company's financial health.
Market LeadershipWith the complete spin-off of Vernova, GE stands as the largest commercial aerospace aftermarket company, boasting a dominant engine market share and strong potential for upward financial revisions.
Product ImprovementNew LEAP durability upgrades are set to enhance the performance of GE's engines, starting with new aircraft and followed by retrofitting existing fleets, promising increased reliability and customer satisfaction.
Bears Say
Financial GuidanceC25 sales guidance is slightly below market expectations, which could indicate potential short-term challenges for the company.
Management ChangesGE Aero Chief Operating Officer John Slattery to depart in June.
Profitability ConcernsGE's 2025 operating profit outlook is below analyst's model, suggesting potential challenges ahead.
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Ownership Overview
11.68% Insiders
29.84% Mutual Funds
16.24% Other Institutional Investors
42.24% 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 $76.34 and its highest was $158.69 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 Apr 23, 2024 which is today.
How were GE Aerospace’s earnings last quarter?
GE Aerospace released its earnings results on Jan 23, 2024. The company reported $0.821 earnings per share for the quarter, beating the consensus estimate of $0.711 by $0.11.
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 0.16%. See more information on GE Aerospace dividends here
What is GE Aerospace’s EPS estimate?
GE Aerospace’s EPS estimate is $0.65.
How many shares outstanding does GE Aerospace have?
GE Aerospace has 1,093,267,100 shares outstanding.
What happened to GE Aerospace’s price movement after its last earnings report?
GE Aerospace reported an EPS of $0.821 in its last earnings report, beating expectations of $0.711. Following the earnings report the stock price went down -0.967%.
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 5B.
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GE Aerospace Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$170.60 (13.59% Upside)
$170.60 (13.59% Upside)
Blogger Sentiment
Bullish
GE Sentiment 86%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 11.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 6.1%
Last 30 Days ▲ 6.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
88.19%
12-Months-Change
Fundamentals
Return on Equity
28.44%
Trailing 12-Months
Asset Growth
-13.18%
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
Q4 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 Months Forecast
Average Price Target
$170.60
▲(13.59% Upside)
Technical Analysis
Best Analysts Covering GE
1 Year
1 Year Success Rate
12/12 ratings generated profit
1 Year Average Return
+54.86%
assigned a buy rating 8 days ago
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