On Friday, GE Aerospace (NYSE: GE) opened higher 1.54% from the last session, before settling in for the closing price of $172.91. Price fluctuations for GE have ranged from $94.24 to $194.80 over the past 52 weeks.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Industrials sector was -6.11%. Company’s average yearly earnings per share was noted 92.60% at the time writing. With a float of $1.08 billion, this company’s outstanding shares have now reached $1.08 billion.
Considering the fact that the conglomerate employs 125000 people, you should pay attention to its efficiency factor. 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 Activity
A key investor’s attitude towards the stock of the Aerospace & Defense industry is another important factor to consider. The insider ownership of GE Aerospace is 0.28%, while institutional ownership is 78.50%. 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) Earnings and Forecasts
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 92.60% per share during the next fiscal year.
GE Aerospace (NYSE: GE) Trading Performance Indicators
Check out the current performance indicators for GE Aerospace (GE). In the past 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 3.55. Likewise, its price to free cash flow for the trailing twelve months is 36.69.
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)
Compared to the last year’s volume of 6.13 million, its volume of 4.77 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 32.25%. Additionally, its Average True Range was 4.22.
During the past 100 days, GE Aerospace’s (GE) raw stochastic average was set at 56.91%, which indicates a significant increase from 25.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.45% in the past 14 days, which was lower than the 33.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $182.19, while its 200-day Moving Average is $164.82. Nevertheless, the first resistance level for the watch stands at $176.79 in the near term. At $178.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $180.18. If the price goes on to break the first support level at $173.40, it is likely to go to the next support level at $171.23. Should the price break the second support level, the third support level stands at $170.01.
GE Aerospace (NYSE: GE) Key Stats
There are currently 1,082,294K shares outstanding in the company with a market cap of 192.96 billion. Presently, the company’s annual sales total 67,954 M according to its annual income of 9,480 M. Last quarter, the company’s sales amounted to 9,842 M and its income totaled 1,852 M.
