GE HealthCare Technologies Inc [NASDAQ: GEHC] stock went on an upward path that rose over 0.81% on Thursday, amounting to a one-week price decrease of less than -0.18%.
Over the last 12 months, GEHC stock dropped by -7.50%. The one-year GE HealthCare Technologies Inc stock forecast points to a potential upside of 20.33. The average equity rating for GEHC stock is currently 1.60, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $37.34 billion, with 456.96 million shares outstanding and 456.08 million shares in the current float. Compared to the average trading volume of 3.04M shares, GEHC stock reached a trading volume of 3073584 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $102.50 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 1.60. 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.
Goldman have made an estimate for GE HealthCare Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 11, 2025. While these analysts kept the previous recommendation, Jefferies dropped their target price from $95 to $103. The new note on the price target was released on January 08, 2025, representing the official price target for GE HealthCare Technologies Inc stock. Previously, the target price had yet another drop from $84 to $74, while UBS kept a Sell rating on GEHC stock.
The Average True Range (ATR) for GE HealthCare Technologies Inc is set at 1.99, with the Price to Sales ratio for GEHC stock in the period of the last 12 months amounting to 1.90. The Price to Book ratio for the last quarter was 4.42, with the Price to Cash per share for the same quarter was set at 6.32. Price to Free Cash Flow for GEHC in the course of the last twelve months was 24.09 with Quick ratio for the last quarter at 0.79.
GEHC Stock Performance Analysis:
GE HealthCare Technologies Inc [GEHC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.18. With this latest performance, GEHC shares dropped by -9.98% in over the last four-week period, additionally sinking by -11.44% over the last 6 months – not to mention a drop of -7.50% 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 38.67, with the RSI for the last a single of trading hit 37.98, and the three-weeks RSI is set at 40.89 for GE HealthCare Technologies Inc [GEHC]. The present Moving Average for the last 50 days of trading for this stock 86.63, while it was recorded at 81.66 for the last single week of trading, and 84.47 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 0.79 and a Current Ratio set at 1.00.
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 9.34%.
GE HealthCare Technologies Inc [GEHC] Institutonal Ownership Details
There are presently around $88.39%, or 88.57%% 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 11.8483%. 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 7.4124%.
