While GE Aerospace has underperformed by -0.08%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GE rose by 71.08%, with highs and lows ranging from $194.80 to $99.06, whereas the simple moving average jumped by 2.24% in the last 200 days.
On January 07, 2025, Northcoast started tracking GE Aerospace (NYSE: GE) recommending Neutral. A report published by Bernstein on October 14, 2024, Reiterated its previous ‘Outperform’ rating for GE. Bernstein also rated GE shares as ‘Outperform’, setting a target price of $201 on the company’s shares in an initiating report dated September 10, 2024. TD Cowen April 09, 2024d the rating to Buy on April 09, 2024, and set its price target from $175 to $180. Goldman initiated its ‘Buy’ rating for GE, as published in its report on April 09, 2024. Vertical Research’s report from April 04, 2024 suggests a price prediction of $160 for GE shares, giving the stock a ‘Buy’ rating. Wells Fargo also rated the stock as ‘Overweight’.
Analysis of GE Aerospace (GE)
GE currently pays a dividend of $1.12 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -43.31%, showing a negative trend in the upcoming months.
In order to gain a clear picture of GE Aerospace’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 25.82% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.85, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 4.70M can be a very valuable indicator of volatility for GE stock. On a monthly basis, the volatility of the stock is set at 2.17%, whereas on a weekly basis, it is put at 1.77%, with a gain of 2.50% over the past seven days. Furthermore, long-term investors anticipate a median target price of $212.47, showing growth from the present price of $172.31, which can serve as yet another indication of whether GE is worth investing in or should be passed over.
How Do You Analyze GE Aerospace Shares?
The USA based company GE Aerospace (GE) is one of the biggest names in Aerospace & Defense. When comparing GE Aerospace shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 30.39, there is a growth in quarterly earnings of 625.16%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.28%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 78.53% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
GE shares are owned by institutional investors to the tune of 78.53% at present.
