On Tuesday, GE Aerospace (NYSE: GE) opened lower -9.05% from the last session, before settling in for the closing price of $194.23. Price fluctuations for GE have ranged from $84.32 to $194.80 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales slided by -6.11%. Company’s average yearly earnings per share was noted 89.67% at the time writing. With a float of $1.08 billion, this company’s outstanding shares have now reached $1.09 billion.
The extent of productivity of a business whose workforce counts for 125000 workers is very important to gauge. In terms of profitability, gross margin is 16.82%, operating margin of 12.38%, and the pretax margin is 15.87%.
GE Aerospace (GE) Insider Updates
A key investor’s attitude towards the stock of the Aerospace & Defense industry is another important factor to consider. The insider ownership of GE Aerospace is 0.30%, while institutional ownership is 79.29%. The most recent insider transaction that took place on Aug 14 ’24, was worth 70,919,750. Before that another transaction happened on May 23 ’24, when Company’s Senior Vice President sold 45,309 for $162.82, making the entire transaction worth $7,377,211. This insider now owns 112,958 shares in total.
GE Aerospace (GE) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.03 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.91) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 89.67% per share during the next fiscal year.
GE Aerospace (NYSE: GE) Trading Performance Indicators
Check out the current performance indicators for GE Aerospace (GE). In the past quarter, the stock posted a quick ratio of 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.09. Likewise, its price to free cash flow for the trailing twelve months is 35.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.21, a number that is poised to hit 1.01 in the next quarter and is forecasted to reach 5.23 in one year’s time.
Technical Analysis of GE Aerospace (GE)
The latest stats from [GE Aerospace, GE] show that its last 5-days average volume of 5.8 million was inferior to 6.37 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 57.17%. Additionally, its Average True Range was 4.48.
During the past 100 days, GE Aerospace’s (GE) raw stochastic average was set at 59.33%, which indicates a significant increase from 4.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.52% in the past 14 days, which was higher than the 33.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $179.10, while its 200-day Moving Average is $153.62. Now, the first resistance to watch is $182.52. This is followed by the second major resistance level at $188.39. The third major resistance level sits at $191.77. If the price goes on to break the first support level at $173.27, it is likely to go to the next support level at $169.89. Assuming the price breaks the second support level, the third support level stands at $164.02.
GE Aerospace (NYSE: GE) Key Stats
There are currently 1,094,607K shares outstanding in the company with a market cap of 191.55 billion. Presently, the company’s annual sales total 67,954 M according to its annual income of 9,480 M. Last quarter, the company’s sales amounted to 9,094 M and its income totaled 1,266 M.
