GE Aerospace [NYSE: GE] stock went on a downward path that fall over -0.02% on Tuesday, amounting to a one-week price increase of more than 3.70%.
Over the last 12 months, GE stock rose by 87.63%. The one-year GE Aerospace stock forecast points to a potential upside of 14.04. The average equity rating for GE stock is currently 1.50, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $210.43 billion, with 1.08 billion shares outstanding and 1.08 billion shares in the current float. Compared to the average trading volume of 5.26M shares, GE stock reached a trading volume of 4856619 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $226.19 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 1.50. 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.
Northcoast have made an estimate for GE Aerospace shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 07, 2025. While these analysts kept the previous recommendation, Bernstein raised their target price from $201 to $225. The new note on the price target was released on October 14, 2024, representing the official price target for GE Aerospace stock. Previously, the target price had yet another raise to $201, while Bernstein analysts kept a Outperform rating on GE stock. On April 09, 2024, analysts increased their price target for GE shares from 175 to 180.
The Average True Range (ATR) for GE Aerospace is set at 5.09, with the Price to Sales ratio for GE stock in the period of the last 12 months amounting to 4.59. The Price to Book ratio for the last quarter was 10.79, with the Price to Cash per share for the same quarter was set at 13.49. Price to Free Cash Flow for GE in the course of the last twelve months was 40.01 with Quick ratio for the last quarter at 0.81.
GE Stock Performance Analysis:
GE Aerospace [GE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.70. With this latest performance, GE shares gained by 13.38% in over the last four-week period, additionally plugging by 14.50% over the last 6 months – not to mention a rise of 87.63% 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 68.89, with the RSI for the last a single of trading hit 71.54, and the three-weeks RSI is set at 65.22 for GE Aerospace [GE]. The present Moving Average for the last 50 days of trading for this stock 176.39, while it was recorded at 194.96 for the last single week of trading, and 171.06 for the last 200 days.
Insight into GE Aerospace Fundamentals:
GE Aerospace’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.81 and a Current Ratio set at 1.09.
GE 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 GE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for GE Aerospace go to 17.19%.
GE Aerospace [GE] Institutonal Ownership Details
There are presently around $79.06%, or 79.19%% 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%.
