Currently, GE HealthCare Technologies Inc [GEHC] is trading at $84.76, down -1.74%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GEHC shares have gain 8.14% over the last week, with a monthly amount glided 3.49%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
GE HealthCare Technologies Inc [NASDAQ: GEHC] stock has seen the most recent analyst activity on January 08, 2025, when Jefferies upgraded its rating to a Buy and also boosted its price target to $103 from $95. Previously, UBS downgraded its rating to Sell on September 26, 2024, and dropped its price target to $74. On September 18, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $100 on the stock. JP Morgan started tracking the stock assigning a Neutral rating and suggested a price target of $90 on September 09, 2024. Stifel initiated its recommendation with a Buy and recommended $100 as its price target on August 06, 2024. Goldman started tracking with a Neutral rating for this stock on May 30, 2024, and assigned it a price target of $87. In a note dated February 15, 2024, HSBC Securities initiated an Buy rating and provided a target price of $100 on this stock.
This stock has fluctuated between a low of $71.31 and a high of $94.55 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $92 within the next 12 months. GE HealthCare Technologies Inc [NASDAQ: GEHC] shares were valued at $84.76 at the most recent close of the market. An investor can expect a potential return of 8.54% based on the average GEHC price forecast.
Analyzing the GEHC fundamentals
Trailing Twelve Months sales for GE HealthCare Technologies Inc [NASDAQ:GEHC] were 19.56B which represents 0.85% growth. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.22 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.24.
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 84.08 points at the first support level, and at 83.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 85.75, and for the 2nd resistance point, it is at 86.75.
Ratios To Look Out For
To put it in perspective, the Current Ratio for GE HealthCare Technologies Inc [NASDAQ:GEHC] is 1.19. As well, the Quick Ratio is 0.94, while the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 1.98, the price to book ratio is 4.66 and price to earnings (TTM) ratio is 23.21.
Transactions by insiders
Recent insider trading involved Rott Roland, CEO, Imaging, that happened on Nov 06 ’24 when 3577.0 shares were sold. Officer, Roland Rott completed a deal on Nov 06 ’24 to buy 3577.0 shares. Meanwhile, Officer Philip Rackliffe bought 900.0 shares on Nov 05 ’24.
