What is the current price of GE stock?
With this current horizontal trend, you can expect a 90% probability that GE stock will be traded between $97.22 and $107.62 at the end of the quarter. Typically, a break in this horizontal trend is followed by a large volume increase.
Should you buy GE stock?
The Zacks Rank system, which ranges from #1 (Strong Buy ... Also, we should mention that GE has a PEG ratio of 4.09. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth ...
When to buy GE stock?
Where and How to Buy GE Stock as the Bears Roam
- Let’s Look at GE Stock. While the Dow and other blue-chips have only recently captured this year’s largest bounties to date, GE’s outperformance was put in place back in March ...
- A Choice to Make. Having said that there’s a choice to make when it comes to deciding how to treat GE stock. ...
- GE Stock Monthly Price Chart. ...
Why is GE stock down?
General Motors Co. is developing a hybrid version of its Chevrolet Corvette that could arrive at dealerships as early as next year. A fully electric version of the iconic sports car is also in the works, said GM President Mark Reuss. Further details will ...
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What is the Highest Price ever For GE stock?
The all-time high General Electric stock closing price was 480.00 on August 28, 2000. The General Electric 52-week high stock price is 116.17, which is 71.1% above the current share price.
What was GE stock price in 2021?
94.47 U.S. dollars per shareThe General Electric Company's stock cost 94.47 U.S. dollars per share at the end of 2021, a slight increase compared to the closing of the previous year.
What was the price of GE stock in 2009?
GE Long-Term Chart (1990 – 2020) A pullback into 2008 accelerated into a full-blown panic, dropping the stock more than 85% into the 2009 low at $5.51.
What was GE stock worth in 2000?
GE - General Electric CompanyDateOpenClose*Jun 01, 2000400.48407.69May 08, 20003:1 Stock SplitMay 01, 2000407.69404.81Apr 01, 2000398.08403.2181 more rows
Why is GE stock so cheap?
So, why is GE stock so low? To address at least the COVID part, GE has exposure in aviation, healthcare, oil, venture capital, and other hard-hit industries. The year 2020 was hard for everyone, and even analysts from founder Morgan's namesake bank say it's a risky investment for 2021.
Is GE a Buy Sell or Hold?
General Electric has received a consensus rating of Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.
What was the price of GE stock in 2016?
GE - General Electric CompanyDateOpenAdj Close**May 01, 2016235.69210.78Apr 01, 2016242.31214.41Mar 01, 2016226.23221.66Feb 25, 20161.769231 Dividend79 more rows
When did GE stock last split?
May 12, 1997: a 2-for-1 split of common shares. May 8, 2000: a 3-for-1 split of common shares. Feb. 26, 2019: a 104-for-100 split of common shares.
What was GE stock worth in 2010?
GE's Difficult Decade GE started the 2010s trading at around $14.50. The early years of the decade were actually good to GE investors, and the stock rallied as high as $33 by mid-2016. Unfortunately, the gains stopped there for GE. Shares traded back down below $20 by late 2017.
Will GE stock ever recover?
General Electric's shares appear to be poised for a rebound, based on an analysis of the stock's sell-side analyst price targets. The mean consensus target price for GE is $124.71, which is +25% higher than the company's last traded share price of $99.95 as of January 6, 2022.
Is GE a good investment?
In all of 2022, analysts forecast GE earnings will jump 68% as sales rebound 2%. But they now expect General Electric to surpass 2019 EPS of $5.20 only in 2024, FactSet says. Out of 22 analysts on Wall Street, 14 rate GE stock a buy. Two have a hold and no one has a sell.
How many times has GE split?
Not at all. You can't compare GE's stock price in 1892 with its stock price today because GE stock has split nine times. A stock split lowers the per- share stock price by issuing additional shares to existing shareholders.
Summary
Article Thesis
GE has been a very weak performer over the last couple of years, due to weak fundamentals and continuous asset sales.
How Is GE Stock Doing Now?
General Electric Company's ( GE) decision to split its stock has led to shareholder enthusiasm around the company's future path. In areas such as aviation, General Electric is well-positioned and should see its business recover meaningfully following the pandemic.
Splitting The Pie Into Three Parts
In 2021, General Electric stock has delivered gains of 16% so far, slightly underperforming the broad market. It also performed worse than Siemens ( OTCPK:SIEGY ), but better than Honeywell ( HON) over that time frame.
Where Will GE Stock Be In 5 Years?
In early November, General Electric Company announced a monumental strategic decision: The company will be split into three parts -- Aviation, Healthcare, and Renewable Energy & Power. Spin-offs have become more common in recent months, and they generally are seen as a way to unlock value.
Is GE Stock A Buy, Sell, Or Hold?
Five years from now, there will be three GEs, if the spin-offs happen as planned. Since current shareholders of GE will own shares in all three companies, unless they sell parts of their holdings, one has to look at the "sum of the parts" to gauge how GE will do over the coming years.
What is the most interesting thing about GE?
Under the assumptions laid out above, GE will generate mid-single-digit returns over the coming years -- not bad, but not great, either. Due to the complexity, ongoing strategic reorganization, and below-average fundamentals, I believe that GE is a higher-risk pick compared to other industrials such as Siemens.
How long will it take for GE to return to the FCF?
Renewable energy. Renewable energy is arguably the most interesting of GE's business. Culp is trying to engineer a turnaround in renewable energy margin in its onshore wind power business while hoping the company's bet on offshore wind energy pays off.
What is GE Capital Aviation Services?
Industry insiders like Raytheon Technologies CEO Greg Hayes are expecting it will take at least two to three years before commercial aerospace returns to 2019 levels. If so, it's reasonable to expect GE's 2019 GE Aviation FCF to return to the $4.4 billion level over that time frame, too.
When did GE buy Alstom?
GE is a company with four separate industrial businesses and a capital arm whose main value lies in an aircraft leasing business, GE Capital Aviation Services ( GECAS). GE Capital's business and finances are hard to understand. So lets put it aside for now and look at each industrial business in isolation in order to see where ...
Will GE Aviation recover?
It's a fact that makes GE's purchase of Alstom's power and grid assets in November 2015 look like a very bad idea. The deal was supposed to consolidate the industry and allow GE to add its digital capability to Alstom's power solutions.
Does Lee Samaha have a position in any stocks?
GE Aviation will recover in line with commercial aviation , and its engines will generate highly lucrative aftermarket sales for years to come. Margins will get back on track for high single digits in line with peers, and the bet on offshore energy will start to payoff.
When will the price of GE go up?
Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.
How much will ge stock go up in 2023?
According to the latest long-term forecast, GE price will hit $20 by the end of 2022 and then $30 by the middle of 2024. GE will rise to $40 within the year of 2026, $50 in 2029 and $60 in 2033.
How much will GE cost in 2023?
GE will start 2023 at $21.26, then soar to $22.50 within the first six months of the year and finish 2023 at $26.55. That means +102% from today. GE Stock Forecast 2028-2032. In this period, the GE price would rise from $46.08 to $57.75, which is +25%.
How much will ge price rise in 2028?
These five years would bring a significant increase: GE price would move from $21.90 to $47.46, which is up 117%. GE will start 2023 at $21.90, then soar to $23.17 within the first six months of the year and finish 2023 at $27.34. That means +105% from today.
What is the price of GE in 2021?
GE will start 2028 at $47.46, then soar to $48.44 within the first half of the year, and finish 2028 at $49.46. It is about +270% from today.
