Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, GE Aerospace (NYSE: GE) closed at $172.91 down -5.33% from its previous closing price of $182.65. In other words, the price has decreased by -$5.33 from its previous closing price. On the day, 7.37 million shares were traded. GE stock price reached its highest trading level at $180.765 during the session, while it also had its lowest trading level at $172.7101.
Ratios:
For a deeper understanding of GE Aerospace’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.58. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 1.01.
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, Bernstein on October 14, 2024, Reiterated its Outperform rating but revised its target price to $225 from $201 previously.
On September 10, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $201.
TD Cowen Upgraded its Hold to Buy on April 09, 2024, whereas the target price for the stock was revised from $175 to $180.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 21 ’24 when Giglietti Robert M. sold 15,735 shares for $179.06 per share. The transaction valued at 2,817,522 led to the insider holds 6,448 shares of the business.
Giglietti Robert M. sold 8,010 shares of GE for $1,436,113 on Nov 22 ’24. The Vice President now owns 6,448 shares after completing the transaction at $179.29 per share. On Nov 18 ’24, another insider, Stokes Russell, who serves as the Senior Vice President of the company, sold 15,550 shares for $178.29 each. As a result, the insider received 2,772,444 and left with 148,857 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GE now has a Market Capitalization of 197681102848 and an Enterprise Value of 192868450304. As of this moment, GE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.50, and their Forward P/E ratio for the next fiscal year is 32.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.44 while its Price-to-Book (P/B) ratio in mrq is 9.92. Its current Enterprise Value per Revenue stands at 2.757 whereas that against EBITDA is 21.586.
Stock Price History:
Over the past 52 weeks, GE has reached a high of $194.80, while it has fallen to a 52-week low of $94.24. The 50-Day Moving Average of the stock is -5.19%, while the 200-Day Moving Average is calculated to be 5.12%.
Shares Statistics:
For the past three months, GE has traded an average of 4.47M shares per day and 3901650 over the past ten days. A total of 1.08B shares are outstanding, with a floating share count of 1.08B. Insiders hold about 0.28% of the company’s shares, while institutions hold 78.51% stake in the company. Shares short for GE as of 1731628800 were 12131626 with a Short Ratio of 2.72, compared to 1728950400 on 10892821. Therefore, it implies a Short% of Shares Outstanding of 12131626 and a Short% of Float of 1.13.
Dividends & Splits
According to the company, the forward annual dividend rate for GE is 0.92, from 0.92 in the trailing year. Against a Trailing Annual Dividend Yield of 0.005036956The stock’s 5-year Average Dividend Yield is 0.38.
