On Tuesday, GE Aerospace (NYSE: GE) was 0.16% up from the session before settling in for the closing price of $180.44. A 52-week range for GE has been $94.24 – $194.80.
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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%. When this article was written, the company’s average yearly earnings per share was at 92.59%. With a float of $1.08 billion, this company’s outstanding shares have now reached $1.08 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 30.49%, operating margin of 9.51%, and the pretax margin is 13.26%.
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 0.28%, while institutional ownership is 78.51%. The most recent insider transaction that took place on Nov 21 ’24, was worth 2,817,522. In this transaction Vice President of this company sold 15,735 shares at a rate of $179.06, taking the stock ownership to the 6,448 shares. Before that another transaction happened on Nov 22 ’24, when Company’s Vice President sold 8,010 for $179.29, making the entire transaction worth $1,436,113. This insider now owns 6,448 shares in total.
GE Aerospace (GE) 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 1.03 earnings per share (EPS) during the time that was better than consensus figure (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
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 3.60. Likewise, its price to free cash flow for the trailing twelve months is 37.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.67, a number that is poised to hit 1.05 in the next quarter and is forecasted to reach 5.24 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 2.88 million was inferior to 6.13 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 58.65%. Additionally, its Average True Range was 3.77.
During the past 100 days, GE Aerospace’s (GE) raw stochastic average was set at 68.43%, which indicates a significant increase from 50.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.65% in the past 14 days, which was lower than the 32.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $182.84, while its 200-day Moving Average is $163.96. Now, the first resistance to watch is $182.00. This is followed by the second major resistance level at $183.28. The third major resistance level sits at $184.33. If the price goes on to break the first support level at $179.67, it is likely to go to the next support level at $178.63. The third support level lies at $177.35 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 195.59 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.
