On Tuesday, GE HealthCare Technologies Inc (NASDAQ: GEHC) was -0.18% drop from the session before settling in for the closing price of $82.66. A 52-week range for GEHC has been $66.39 – $94.55.
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Annual sales at Healthcare sector company grew by 4.14% over the past five years. When this article was written, the company’s average yearly earnings per share was at 9.35%. With a float of $442.47 million, this company’s outstanding shares have now reached $455.34 million.
Let’s look at the performance matrix of the company that is accounted for 51000 employees. 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 and Institutional Ownership
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 3.15%, while institutional ownership is 80.95%. The most recent insider transaction that took place on Nov 06 ’24, was worth 309,339. In this transaction CEO, Imaging of this company sold 3,577 shares at a rate of $86.48, taking the stock ownership to the 24,298 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 3,577 for $86.48, making the entire transaction worth $309,330.
GE HealthCare Technologies Inc (GEHC) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.18 earnings per share (EPS) during the time that was better than consensus figure (set at 1.07) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.99 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.35% 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
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 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.93. Likewise, its price to free cash flow for the trailing twelve months is 22.24.
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 4.68 in one year’s time.
Technical Analysis of GE HealthCare Technologies Inc (GEHC)
GE HealthCare Technologies Inc (NASDAQ: GEHC) saw its 5-day average volume 4.86 million, a positive change from its year-to-date volume of 3.08 million. As of the previous 9 days, the stock’s Stochastic %D was 39.90%. Additionally, its Average True Range was 2.06.
During the past 100 days, GE HealthCare Technologies Inc’s (GEHC) raw stochastic average was set at 35.99%, which indicates a significant increase from 22.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.55% in the past 14 days, which was higher than the 22.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $88.18, while its 200-day Moving Average is $84.84. Nevertheless, the first resistance level for the watch stands at $83.16 in the near term. At $83.82, the stock is likely to face the second major resistance level. The third major resistance level sits at $84.20. If the price goes on to break the first support level at $82.12, it is likely to go to the next support level at $81.74. The third support level lies at $81.08 if the price breaches the second support level.
GE HealthCare Technologies Inc (NASDAQ: GEHC) Key Stats
There are 456,873K outstanding shares of the company, which has a market capitalization of 37.70 billion. As of now, sales total 19,552 M while income totals 1,568 M. Its latest quarter income was 4,863 M while its last quarter net income were 470,000 K.
