GE HealthCare Technologies Inc (NASDAQ: GEHC) kicked off on Tuesday, up 1.36% from the previous trading day, before settling in for the closing price of $86.99. Over the past 52 weeks, GEHC has traded in a range of $66.39-$94.55.
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Healthcare Sector giant saw their annual sales surged by 4.14% over the last five years. While this was happening, its average annual earnings per share was recorded 9.16%. With a float of $442.28 million, this company’s outstanding shares have now reached $455.34 million.
The firm has a total of 51000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 41.3%, operating margin of 13.14%, and the pretax margin is 12.05%.
GE HealthCare Technologies Inc (GEHC) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of GE HealthCare Technologies Inc is 3.15%, while institutional ownership is 76.88%. The most recent insider transaction that took place on Nov 05 ’24, was worth 78,870. Before that another transaction happened on Nov 05 ’24, when Company’s CEO, AVS sold 900 for $87.63, making the entire transaction worth $78,867. This insider now owns 12,715 shares in total.
GE HealthCare Technologies Inc (GEHC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 9.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.24% 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
Take a look at GE HealthCare Technologies Inc’s (GEHC) current performance indicators. Last quarter, stock had a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.06. Likewise, its price to free cash flow for the trailing twelve months is 23.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.65, a number that is poised to hit 1.26 in the next quarter and is forecasted to reach 4.69 in one year’s time.
Technical Analysis of GE HealthCare Technologies Inc (GEHC)
Analysing the last 5-days average volume posted by the [GE HealthCare Technologies Inc, GEHC], we can find that recorded value of 2.89 million was lower than the volume posted last year of 3.0 million. As of the previous 9 days, the stock’s Stochastic %D was 46.00%. Additionally, its Average True Range was 1.91.
During the past 100 days, GE HealthCare Technologies Inc’s (GEHC) raw stochastic average was set at 67.18%, which indicates a significant increase from 48.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.89% in the past 14 days, which was lower than the 20.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $88.73, while its 200-day Moving Average is $84.26. Now, the first resistance to watch is $88.64. This is followed by the second major resistance level at $89.10. The third major resistance level sits at $90.02. If the price goes on to break the first support level at $87.26, it is likely to go to the next support level at $86.34. Should the price break the second support level, the third support level stands at $85.88.
GE HealthCare Technologies Inc (NASDAQ: GEHC) Key Stats
The company with the Market Capitalisation of 40.28 billion has total of 456,873K Shares Outstanding. Its annual sales at the moment are 19,552 M in contrast with the sum of 1,568 M annual income. Company’s last quarter sales were recorded 4,863 M and last quarter income was 470,000 K.
