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The price of GE Vernova Inc (NYSE: GEV) closed at $326.04 in the last session, down -2.17% from day before closing price of $333.26. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 2.44 million shares were traded. GEV stock price reached its highest trading level at $335.111 during the session, while it also had its lowest trading level at $325.29.
Ratios:
We take a closer look at GEV’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On October 21, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $354.
HSBC Securities Downgraded its Buy to Hold on October 04, 2024, whereas the target price for the stock was revised from $240 to $255.
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 91864055808 and an Enterprise Value of 84475895808. Its current Enterprise Value per Revenue stands at 2.454 whereas that against EBITDA is 60.47.
Stock Price History:
Over the past 52 weeks, GEV has reached a high of $349.79, while it has fallen to a 52-week low of $115.00. The 50-Day Moving Average of the stock is 20.38%, while the 200-Day Moving Average is calculated to be 64.44%.
Shares Statistics:
According to the various share statistics, GEV traded on average about 2.78M shares per day over the past 3-months and 3100360 shares per day over the past 10 days. A total of 275.65M shares are outstanding, with a floating share count of 275.40M. Insiders hold about 0.09% of the company’s shares, while institutions hold 84.43% stake in the company. Shares short for GEV as of 1730332800 were 4875843 with a Short Ratio of 1.68, compared to 1727654400 on 4774310.
Earnings Estimates
Investors are keenly observing as 10 analysts analyze and rate the current performance of GE Vernova Inc (GEV) in the stock market.The consensus estimate for the next quarter is $0.75, with high estimates of $0.92 and low estimates of $0.57.
Analysts are recommending an EPS of between $4.24 and $1.09 for the fiscal current year, implying an average EPS of $2.69. EPS for the following year is $6.62, with 14.0 analysts recommending between $8.11 and $5.03.
Revenue Estimates
For the next quarter, 15 analysts are estimating revenue of $7.99B. There is a high estimate of $8.84B for the next quarter, whereas the lowest estimate is $7.45B.
Based on 24 analysts’ estimates, the company’s revenue will be $37.15B in the next fiscal year. The high estimate is $39.71B and the low estimate is $35.57B.
