While GE Aerospace has overperformed by 0.72%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GE rose by 87.62%, with highs and lows ranging from $207.65 to $108.93, whereas the simple moving average jumped by 19.25% 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)
It’s important to note that GE shareholders are currently getting $1.12 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter decrease in sales is -44.31%, showing a negative trend in the upcoming months.
GE Aerospace’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 27.62% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.81, 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.
For any stock, average volume can be an extremely valuable indicator of volatility, and GE is registering an average volume of 5.33M. On a monthly basis, the volatility of the stock is set at 2.27%, whereas on a weekly basis, it is put at 1.81%, with a gain of 0.24% over the past seven days. Furthermore, long-term investors anticipate a median target price of $227.62, showing growth from the present price of $206.06, 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?
A giant in the Aerospace & Defense market, GE Aerospace (GE) is based in the USA. 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 34.50, there is a growth in quarterly earnings of 20.99%.
Besides checking the fundamentals, you should also know 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 0.26%. 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 79.26% 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 79.26% at present.
