At the time of writing, GE Aerospace [GE] stock is trading at $178.28, up 5.06%. An important factor to consider is whether the stock is rising or falling in short-term value. The GE shares have gain 10.57% over the last week, with a monthly amount glided 6.15%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
GE Aerospace [NYSE: GE] stock has seen the most recent analyst activity on September 10, 2024, when Bernstein initiated its Outperform rating and assigned the stock a price target of $201. Previously, TD Cowen upgraded its rating to Buy on April 09, 2024, and elevated its price target to $180. Vertical Research started tracking the stock assigning a Buy rating and suggested a price target of $160 on April 04, 2024. Wells Fargo reiterated its recommendation of a Overweight and raised its price target to $200 on March 27, 2024. JP Morgan upgraded its rating to Overweight for this stock on March 08, 2024, and upped its price target to $180.
For the past year, the stock price of GE Aerospace fluctuated between $84.16 and $177.20. Currently, Wall Street analysts expect the stock to reach $154.95 within the next 12 months. GE Aerospace [NYSE: GE] shares were valued at $178.28 at the most recent close of the market. An investor can expect a potential drop of -13.09% based on the average GE price forecast.
Analyzing the GE fundamentals
According to GE Aerospace [NYSE:GE], the company’s sales were 61.92B for trailing twelve months, which represents an -45.53% plunge. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.18 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 171.89 points at the first support level, and at 165.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 182.00, and for the 2nd resistance point, it is at 185.71.
Ratios To Look Out For
It is important to note that GE Aerospace [NYSE:GE] has a current ratio of 1.14. On the other hand, the Quick Ratio is 0.85, and the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 3.12, the price to book ratio is 10.39 and price to earnings (TTM) ratio is 42.31.
Transactions by insiders
Recent insider trading involved General Electric Pension Trust, Affiliate, that happened on Aug 14 ’24 when 0.42 million shares were purchased. Senior Vice President, Stokes Russell completed a deal on May 23 ’24 to sell 45309.0 shares. Meanwhile, Vice President Giglietti Robert M. sold 5127.0 shares on May 22 ’24.
