GE HealthCare Technologies Inc [NASDAQ: GEHC] price plunged by -0.63 percent to reach at -$0.55.
The one-year GEHC stock forecast points to a potential upside of 7.87. The average equity rating for GEHC stock is currently 1.89, trading closer to a bullish pattern in the stock market.
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
Guru’s Opinion on GE HealthCare Technologies Inc [GEHC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GEHC shares is $94.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GEHC stock is a recommendation set at 1.89. 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.
JP Morgan have made an estimate for GE HealthCare Technologies Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 09, 2024. While these analysts kept the previous recommendation, Stifel raised their target price to Buy. The new note on the price target was released on August 06, 2024, representing the official price target for GE HealthCare Technologies Inc stock. Previously, the target price had yet another raise to $87, while Goldman analysts kept a Neutral rating on GEHC stock.
The Average True Range (ATR) for GE HealthCare Technologies Inc is set at 1.92, with the Price to Sales ratio for GEHC stock in the period of the last 12 months amounting to 2.03. The Price to Book ratio for the last quarter was 5.09, with the Price to Cash per share for the same quarter was set at 4.41. Price to Free Cash Flow for GEHC in the course of the last twelve months was 24.54 with Quick ratio for the last quarter at 0.77.
GEHC Stock Performance Analysis:
GE HealthCare Technologies Inc [GEHC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.14. With this latest performance, GEHC shares gained by 4.12% in over the last four-week period, additionally sinking by -1.61% over the last 6 months – not to mention a rise of 34.68% 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 GEHC stock in for the last two-week period is set at 59.80, with the RSI for the last a single of trading hit 60.58, and the three-weeks RSI is set at 58.82 for GE HealthCare Technologies Inc [GEHC]. The present Moving Average for the last 50 days of trading for this stock 82.90, while it was recorded at 86.45 for the last single week of trading, and 81.32 for the last 200 days.
Insight into GE HealthCare Technologies Inc Fundamentals:
GE HealthCare Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.77 and a Current Ratio set at 1.01.
GEHC Stock EPS
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 GEHC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for GE HealthCare Technologies Inc go to 10.80%.
GE HealthCare Technologies Inc [GEHC] Institutonal Ownership Details
There are presently around $78.48%, or 84.27%% of GEHC stock, in the hands of institutional investors. The top three institutional holders of GEHC stocks are: CAPITAL RESEARCH GLOBAL INVESTORS with ownership of 54.15 million shares, which is approximately 11.8743%. VANGUARD GROUP INC, holding 48.99 million shares of the stock with an approximate value of $$3.82 billion in GEHC stocks shares; and VANGUARD GROUP INC, currently with $$2.64 billion in GEHC stock with ownership which is approximately 7.4286%.
