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GE Aerospace (GE)
NYSE:GE
Holding GE?
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GE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$126.45 - $194.80
Previous CloseN/A
Volume1.18M
Average Volume (3M)5.55M
Market Cap
$194.53B
Enterprise Value$211.45B
Total Cash (Recent Filing)$92.44B
Total Debt (Recent Filing)$105.18B
Price to Earnings (P/E)31.8
Beta0.90
Next Earnings
Jan 23, 2025EPS Estimate
1.04Last Dividend Ex-Date
Dec 27, 2024Dividend Yield0.62%
Share Statistics
EPS (TTM)5.67
Shares Outstanding1,082,294,000
10 Day Avg. Volume5,648,195
30 Day Avg. Volume5,548,029
Standard Deviation0.11
R-Squared0.33
Alpha0.00978
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.58
Price to Cash Flow (P/CF)32.30
P/FCF Ratio32.70
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue3.39
Enterprise Value/Gross Profit12.04
Enterprise Value/Ebitda21.91
Forecast
1Y Price Target
$227.75Price Target Upside24.56% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
GE Aerospace News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceTotal orders for the quarter were $8.06B, up 28% y/y.
Service GrowthIncreased credibility of service guidance due to strong backlog, volume unlocks, and price raises, leading to reaffirmed growth expectations.
Strategic PartnershipsGE is partnering with MSFT and ACN to develop generative AI aviation solutions focused on accessing maintenance records for airlines and lessors.
Bears Say
Market ExpectationsUpdated operating profit guidance is just short of consensus, indicating potential challenges in meeting market expectations.
Profitability ConcernsDisappointment in DPT margins, missing estimates and leading to a downward revision in profit expectations for the segment.
Supply Chain ChallengesERJ has revised down its Commercial Aviation delivery guidance, citing supply chain difficulties.
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Ownership Overview
0.17% Insiders
29.63% Mutual Funds
0.27% Other Institutional Investors
52.13% 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 $126.45 and its highest was $194.80 in the past 12 months.
What is GE Aerospace’s market cap?
GE Aerospace’s market cap is $194.53B.
When is GE Aerospace’s upcoming earnings report date?
GE Aerospace’s upcoming earnings report date is Jan 23, 2025 which is in 4 days.
How were GE Aerospace’s earnings last quarter?
GE Aerospace released its earnings results on Oct 22, 2024. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.135 by $0.015.
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 $36.625 which represents an annual dividend yield of 0.62%. See more information on GE Aerospace dividends here
What is GE Aerospace’s EPS estimate?
GE Aerospace’s EPS estimate is 1.04.
How many shares outstanding does GE Aerospace have?
GE Aerospace has 1,082,294,000 shares outstanding.
What happened to GE Aerospace’s price movement after its last earnings report?
GE Aerospace reported an EPS of $1.15 in its last earnings report, beating expectations of $1.135. Following the earnings report the stock price went down -9.045%.
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 9B.
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GE Aerospace Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$227.75 (24.56% Upside)
$227.75 (24.56% Upside)
Blogger Sentiment
Bullish
GE Sentiment 76%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 562.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $9.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 5.3%
Last 30 Days ▲ 5.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
81.89%
12-Months-Change
Fundamentals
Return on Equity
25.82%
Trailing 12-Months
Asset Growth
-19.13%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in orders, revenue, and cash flow, with a strong performance in the Commercial Engines & Services segment and raised guidance for the full year. However, challenges remain in Defense & Propulsion Technologies, ongoing supply chain constraints, and the impact of inflation and investments. The delay in the 777X program by Boeing is also a concern.Read More>---
GE Revenue Breakdown
46.75% Aerospace
26.09% Power
22.15% Renewable Energy
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GE Stock 12 Month Forecast
Average Price Target
$227.75
▲(24.56% Upside)
Technical Analysis
Honeywell International
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Raytheon Technologies
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Boeing
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Lockheed Martin
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Northrop Grumman
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Transdigm Group
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Best Analysts Covering GE
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+65.20%
reiterated a buy rating 7 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 +65.20% per trade.
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