On Monday, GE HealthCare Technologies Inc (NASDAQ: GEHC) was -1.69% drop from the session before settling in for the closing price of $91.34. A 52-week range for GEHC has been $62.35 – $94.55.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 4.14%. When this article was written, the company’s average yearly earnings per share was at 8.27%. With a float of $424.97 million, this company’s outstanding shares have now reached $455.34 million.
Let’s determine the extent of company efficiency that accounts for 51000 employees. In terms of profitability, gross margin is 40.92%, operating margin of 12.86%, and the pretax margin is 11.96%.
GE HealthCare Technologies Inc (GEHC) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward GE HealthCare Technologies Inc stocks. The insider ownership of GE HealthCare Technologies Inc is 6.94%, while institutional ownership is 76.11%. The most recent insider transaction that took place on Aug 14 ’24, was worth 1,581,846. In this transaction Ch. Supply Chain & Serv. Ofc. of this company sold 19,008 shares at a rate of $83.22, taking the stock ownership to the 38,541 shares. Before that another transaction happened on Aug 14 ’24, when Company’s Officer proposed sale 19,008 for $82.74, making the entire transaction worth $1,572,774.
GE HealthCare Technologies Inc (GEHC) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.99 earnings per share (EPS) during the time that was better than consensus figure (set at 0.9) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.83% during the next five years compared to -2.54% drop over the previous five years of trading.
GE HealthCare Technologies Inc (NASDAQ: GEHC) Trading Performance Indicators
You can see what GE HealthCare Technologies Inc (GEHC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.10. Likewise, its price to free cash flow for the trailing twelve months is 25.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.45, a number that is poised to hit 1.05 in the next quarter and is forecasted to reach 4.74 in one year’s time.
Technical Analysis of GE HealthCare Technologies Inc (GEHC)
Looking closely at GE HealthCare Technologies Inc (NASDAQ: GEHC), its last 5-days average volume was 1.86 million, which is a drop from its year-to-date volume of 3.01 million. As of the previous 9 days, the stock’s Stochastic %D was 44.12%. Additionally, its Average True Range was 1.63.
During the past 100 days, GE HealthCare Technologies Inc’s (GEHC) raw stochastic average was set at 76.30%, which indicates a significant increase from 9.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.78% in the past 14 days, which was lower than the 20.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $88.01, while its 200-day Moving Average is $83.59. However, in the short run, GE HealthCare Technologies Inc’s stock first resistance to watch stands at $90.99. Second resistance stands at $92.19. The third major resistance level sits at $92.92. If the price goes on to break the first support level at $89.06, it is likely to go to the next support level at $88.33. Now, if the price goes above the second support level, the third support stands at $87.13.
GE HealthCare Technologies Inc (NASDAQ: GEHC) Key Stats
There are 456,465K outstanding shares of the company, which has a market capitalization of 41.01 billion. As of now, sales total 19,552 M while income totals 1,568 M. Its latest quarter income was 4,839 M while its last quarter net income were 428,000 K.
