GE Aerospace [NYSE: GE] loss -0.38% on the last trading session, reaching $166.35 price per share at the time.
If compared to the average trading volume of 5.38M shares, GE reached a trading volume of 4255207 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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
Here is what top equities market gurus are saying about GE Aerospace [GE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GE shares is $196.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GE stock is a recommendation set at 1.28. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Bernstein have made an estimate for GE Aerospace shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 10, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price from $175 to $180. The new note on the price target was released on April 09, 2024, representing the official price target for GE Aerospace stock. Previously, the target price had yet another raise to $190, while Goldman analysts kept a Buy rating on GE stock.
The Average True Range (ATR) for GE Aerospace is set at 4.32, with the Price to Sales ratio for GE stock in the period of the last 12 months amounting to 2.91. The Price to Book ratio for the last quarter was 9.70, with the Price to Cash per share for the same quarter was set at 14.24. Price to Free Cash Flow for GE in the course of the last twelve months was 33.17 with Quick ratio for the last quarter at 0.85.
Trading performance analysis for GE stock
GE Aerospace [GE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.01. With this latest performance, GE shares dropped by -0.31% in over the last four-week period, additionally plugging by 24.56% over the last 6 months – not to mention a rise of 82.55% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GE stock in for the last two-week period is set at 48.55, with the RSI for the last a single of trading hit 47.33, and the three-weeks RSI is set at 49.73 for GE Aerospace [GE]. The present Moving Average for the last 50 days of trading for this stock 165.83, while it was recorded at 164.75 for the last single week of trading, and 140.86 for the last 200 days.
GE Aerospace [GE]: A deeper dive into fundamental analysis
GE Aerospace’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.85 and a Current Ratio set at 1.14.
GE Aerospace [GE]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for GE Aerospace go to 29.63%.
An analysis of Institutional ownership at GE Aerospace [GE]
There are presently around $79.74%, or 79.86%% of GE stock, in the hands of institutional investors. The top three institutional holders of GE stocks are: VANGUARD GROUP INC with ownership of 89.33 million shares, which is approximately 8.188%. BLACKROCK INC., holding 79.74 million shares of the stock with an approximate value of $$12.68 billion in GE stocks shares; and BLACKROCK INC., currently with $$10.76 billion in GE stock with ownership which is approximately 6.2012%.
