GE Aerospace (NYSE: GE) kicked off on Friday, down -0.82% from the previous trading day, before settling in for the closing price of $178.40. Over the past 52 weeks, GE has traded in a range of $92.29-$194.80.
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During the last 5-year period, the sales drop of Industrials Sector giant was -6.11%. While this was happening, its average annual earnings per share was recorded 92.59%. With a float of $1.08 billion, this company’s outstanding shares have now reached $1.09 billion.
Let’s determine the extent of company efficiency that accounts for 125000 employees. In terms of profitability, gross margin is 30.49%, operating margin of 9.51%, and the pretax margin is 13.26%.
GE Aerospace (GE) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of GE Aerospace is 0.29%, while institutional ownership is 78.51%. The most recent insider transaction that took place on Nov 06 ’24, was worth 1,267,910. In this transaction Senior Vice President of this company sold 7,000 shares at a rate of $181.13, taking the stock ownership to the 13,289 shares. Before that another transaction happened on Jun 01 ’24, when Company’s Senior Vice President sold 6,958 for $162.71, making the entire transaction worth $1,132,136. This insider now owns 9,433 shares in total.
GE Aerospace (GE) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.03 earnings per share (EPS), higher than consensus estimate (set at 0.9) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 92.59% per share during the next fiscal year.
GE Aerospace (NYSE: GE) Trading Performance Indicators
Take a look at GE Aerospace’s (GE) current performance indicators. Last quarter, stock had a quick ratio of 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.49. Likewise, its price to free cash flow for the trailing twelve months is 36.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.67, a number that is poised to hit 1.04 in the next quarter and is forecasted to reach 5.25 in one year’s time.
Technical Analysis of GE Aerospace (GE)
Looking closely at GE Aerospace (NYSE: GE), its last 5-days average volume was 4.17 million, which is a drop from its year-to-date volume of 6.24 million. As of the previous 9 days, the stock’s Stochastic %D was 50.61%. Additionally, its Average True Range was 4.50.
During the past 100 days, GE Aerospace’s (GE) raw stochastic average was set at 59.93%, which indicates a significant increase from 38.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.50% in the past 14 days, which was lower than the 33.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $182.29, while its 200-day Moving Average is $160.27. However, in the short run, GE Aerospace’s stock first resistance to watch stands at $177.94. Second resistance stands at $178.94. The third major resistance level sits at $179.96. If the price goes on to break the first support level at $175.91, it is likely to go to the next support level at $174.88. Now, if the price goes above the second support level, the third support stands at $173.88.
GE Aerospace (NYSE: GE) Key Stats
The company with the Market Capitalisation of 189.91 billion has total of 1,082,294K Shares Outstanding. Its annual sales at the moment are 67,954 M in contrast with the sum of 9,480 M annual income. Company’s last quarter sales were recorded 9,842 M and last quarter income was 1,852 M.
