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GE Aerospace (GE)
NYSE:GE
GE Aerospace (GE) Stock Price & Analysis
23,303 Followers
GE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$83.96 - $170.80
Previous Close$163
Volume2.58M
Average Volume (3M)6.52M
Market Cap
$176.72B
Enterprise Value$194.76B
Total Cash (Recent Filing)$3.74B
Total Debt (Recent Filing)$20.52B
Price to Earnings (P/E)53.5
Beta1.06
Next Earnings
Jul 23, 2024EPS Estimate
$0.99Next Dividend Ex-Date
Jul 11, 2024Dividend Yield0.15%
Share Statistics
EPS (TTM)3.05
Shares Outstanding1,094,606,676
10 Day Avg. Volume6,945,977
30 Day Avg. Volume6,518,368
Standard Deviation0.12
R-Squared0.30
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)16.34
Price to Sales (P/S)2.65
Price to Cash Flow (P/CF)45.30
P/FCF Ratio56.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.14
Enterprise Value/Gross Profit11.09
Enterprise Value/Ebitda31.54
Forecast
1Y Price Target
$187.92Price Target Upside15.29% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
GE Aerospace News
PremiumCompany Announcements
GE Aerospace Confirms CEO’s Extension and New Compensation Plan
PremiumThe Fly
Jefferies aero
Bulls Say, Bears Say
Bulls Say
Facility InvestmentInvesting $30 million into the Pune, India facility will expand engine parts production capacity, supporting increased parts demand.
Military ContractThe ITEP Engine accepted by the Army will begin retrofitting Black Hawk and Apache helicopters, showcasing the engine's increased power and better fuel consumption.
Revenue GrowthQ1 adjusted revenues grew 15% year-over-year at GE Aero, with CES up 16%.
Bears Say
Financial PerformanceLower original equipment deliveries are expected to reduce sales, impacting overall financial performance.
Profit MarginsGE9X initial losses are around $10 million per engine with 8 deliveries in the second half of the year, falling to $6.5 million by 2028.
Supply ChainSupply chain pressures are expected to persist into next year, driven by a shortage of parts and labor.
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Ownership Overview
11.37% Insiders
31.23% Mutual Funds
16.91% Other Institutional Investors
40.49% 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 $83.96 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 19 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 0.15%. See more information on GE Aerospace dividends here
What is GE Aerospace’s EPS estimate?
GE Aerospace’s EPS estimate is $0.99.
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
Unlock Smart Score
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$187.92 (15.29% Upside)
$187.92 (15.29% Upside)
Blogger Sentiment
Bullish
GE Sentiment 84%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 11.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $9.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
89.48%
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
$187.92
▲(15.29% Upside)
Technical Analysis
Best Analysts Covering GE
1 Year
1 Year Success Rate
14/15 ratings generated profit
1 Year Average Return
+53.87%
reiterated a buy rating 4 days ago
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