It’s Time To Focus On The Long Run With GE HealthCare Technologies Inc. (GEHC) stock

The closing price of GE HealthCare Technologies Inc. (NASDAQ: GEHC) was $77.14 for the day, up 1.18% from the previous closing price of $76.24. In other words, the price has increased by $+0.90 from its previous closing price. On the day, 1989847 shares were traded. GEHC stock price reached its highest trading level at $78.76 during the session, while it also had its lowest trading level at $76.36.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".



Our analysis of GEHC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.79. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.88.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Evercore ISI on March 13, 2023, initiated with a Outperform rating and assigned the stock a target price of $90.

On February 17, 2023, Mizuho started tracking the stock assigning a Buy rating and target price of $90.

Valuation Measures:

As of this moment, GE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.45, and their Forward P/E ratio for the next fiscal year is 18.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.95 while its Price-to-Book (P/B) ratio in mrq is 3.72.

Stock Price History:

Over the past 52 weeks, GEHC has reached a high of $77.48, while it has fallen to a 52-week low of $53.00. The 50-Day Moving Average of the stock is 69.61, while the 200-Day Moving Average is calculated to be 67.60.

Shares Statistics:

GEHC traded an average of 3.15M shares per day over the past three months and 2.06M shares per day over the past ten days. A total of 453.93M shares are outstanding, with a floating share count of 453.16M. Insiders hold about 0.17% of the company’s shares, while institutions hold 41.66% stake in the company.

Earnings Estimates

The firm’s stock currently is rated by 0 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.