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The closing price of GE Vernova Inc (NYSE: GEV) was $356.53 for the day, down -1.43% from the previous closing price of $361.71. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 2.76 million shares were traded. GEV stock price reached its highest trading level at $365.5664 during the session, while it also had its lowest trading level at $349.565.
Ratios:
Our analysis of GEV’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 11.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.81. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On December 11, 2024, Daiwa Securities Downgraded its rating to Outperform which previously was Buy and also upped its target price recommendation from $336 to $348.
On December 05, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $400.TD Cowen initiated its Buy rating on December 05, 2024, with a $400 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GEV now has a Market Capitalization of 98278924288 and an Enterprise Value of 109273636864. As of this moment, GE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 64.11, and their Forward P/E ratio for the next fiscal year is 32.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.81 while its Price-to-Book (P/B) ratio in mrq is 10.30. Its current Enterprise Value per Revenue stands at 3.175 whereas that against EBITDA is 78.22.
Stock Price History:
Over the past 52 weeks, GEV has reached a high of $447.50, while it has fallen to a 52-week low of $115.00. The 50-Day Moving Average of the stock is 0.48%, while the 200-Day Moving Average is calculated to be 45.96%.
Shares Statistics:
GEV traded an average of 3.39M shares per day over the past three months and 6094330 shares per day over the past ten days. A total of 275.88M shares are outstanding, with a floating share count of 275.54M. Insiders hold about 0.04% of the company’s shares, while institutions hold 78.72% stake in the company. Shares short for GEV as of 1735603200 were 5160790 with a Short Ratio of 1.55, compared to 1732838400 on 5875855.
