On Friday, GE HealthCare Technologies Inc (NASDAQ: GEHC) opened lower -0.65% from the last session, before settling in for the closing price of $81.63. Price fluctuations for GEHC have ranged from $71.31 to $94.55 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 4.14%. Company’s average yearly earnings per share was noted 9.35% at the time writing. With a float of $442.48 million, this company’s outstanding shares have now reached $456.85 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of GE HealthCare Technologies Inc is 3.15%, while institutional ownership is 80.94%. 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) Earnings and Forecasts
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
Check out the current performance indicators for GE HealthCare Technologies Inc (GEHC). In the past 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 1.88. Likewise, its price to free cash flow for the trailing twelve months is 21.72.
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)
Looking closely at GE HealthCare Technologies Inc (NASDAQ: GEHC), its last 5-days average volume was 2.92 million, which is a drop from its year-to-date volume of 3.05 million. As of the previous 9 days, the stock’s Stochastic %D was 45.86%. Additionally, its Average True Range was 1.60.
During the past 100 days, GE HealthCare Technologies Inc’s (GEHC) raw stochastic average was set at 14.71%, which indicates a significant decrease from 18.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.78% in the past 14 days, which was lower than the 21.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $86.00, while its 200-day Moving Average is $84.51. However, in the short run, GE HealthCare Technologies Inc’s stock first resistance to watch stands at $81.52. Second resistance stands at $81.94. The third major resistance level sits at $82.39. If the price goes on to break the first support level at $80.65, it is likely to go to the next support level at $80.20. Should the price break the second support level, the third support level stands at $79.78.
GE HealthCare Technologies Inc (NASDAQ: GEHC) Key Stats
There are currently 456,873K shares outstanding in the company with a market cap of 36.81 billion. Presently, the company’s annual sales total 19,552 M according to its annual income of 1,568 M. Last quarter, the company’s sales amounted to 4,863 M and its income totaled 470,000 K.
