On Friday, GE Aerospace (NYSE: GE) was -0.05% drop from the session before settling in for the closing price of $171.78. A 52-week range for GE has been $84.40 – $194.80.
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A company in the Industrials sector has dropped its sales by -6.11% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 92.84%. With a float of $1.08 billion, this company’s outstanding shares have now reached $1.09 billion.
In an organization with 125000 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward GE Aerospace stocks. The insider ownership of GE Aerospace is 0.29%, while institutional ownership is 79.50%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 92.84% per share during the next fiscal year.
GE Aerospace (NYSE: GE) Trading Performance Indicators
You can see what GE Aerospace (GE) is doing with its current performance indicators. In the most recent 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 3.41. Likewise, its price to free cash flow for the trailing twelve months is 35.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.67, a number that is poised to hit 1.06 in the next quarter and is forecasted to reach 5.26 in one year’s time.
Technical Analysis of GE Aerospace (GE)
Let’s dig in a bit further. During the last 5-days, its volume was 4.75 million. That was inferior than the volume of 6.33 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.04%. Additionally, its Average True Range was 4.32.
During the past 100 days, GE Aerospace’s (GE) raw stochastic average was set at 48.21%, which indicates a significant increase from 5.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.13% in the past 14 days, which was higher than the 33.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $180.12, while its 200-day Moving Average is $156.54. However, in the short run, GE Aerospace’s stock first resistance to watch stands at $174.12. Second resistance stands at $176.54. The third major resistance level sits at $177.80. If the price goes on to break the first support level at $170.43, it is likely to go to the next support level at $169.17. The third support level lies at $166.75 if the price breaches the second support level.
GE Aerospace (NYSE: GE) Key Stats
There are 1,082,294K outstanding shares of the company, which has a market capitalization of 185.74 billion. As of now, sales total 67,954 M while income totals 9,480 M. Its latest quarter income was 9,842 M while its last quarter net income were 1,852 M.
