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 ...
Why is GE stock rising?
General Electric Co (NYSE: GE) is trading higher Thursday after the company's healthcare unit announced the acquisition of BK Medical for $1.45 billion in cash. General Electric's healthcare unit expects BK Medical to deliver rapid revenue growth as well as margin expansion and free cash flow growth.
Will GE stock go up?
General Electric Co. (GE) shares closed 0.3% lower than its previous 52 week low, giving the company a market cap of $88B. The stock is currently down 14.6% year-to-date, down 25.5% over the past 12 months, and down 61.8% over the past five years.
What is going on with GE stock?
General Electric's shares fell after the industrial giant reported ... However, investors seem less confident in those projections, and the losses are threatening to send the stock to levels not seen in more than a year.
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What was GE Stock Price 2000?
GE - General Electric CompanyDateOpenLowJul 01, 2000403.85380.77Jun 01, 2000400.48368.75May 08, 20003:1 Stock SplitMay 01, 2000407.69375.0081 more rows
What was GE highest stock price ever?
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 62.5% 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 GE stock in 2007?
GE - General Electric CompanyDateOpenLowJun 28, 2007293.46290.62Jun 27, 2007290.92289.54Jun 26, 2007294.62291.31Jun 25, 2007294.85291.7721 more rows
How many times has GE stock 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.
Is GE in trouble?
Big GE Split Caps Long Restructuring In 2024, GE will emerge as an aviation-focused company after a three-way breakup. The American industrial icon plans to spin off its lower-growth health and energy businesses to focus on aviation. The three-way GE split caps years of dwindling profits and a costly restructuring.
Why is General Electric failing?
The company's stock fell 42% during the year, and after Welch's departure, it became clear that GE was overstretched and bloated. Losses by the GE Capital financial segment nearly sank the company during the Great Recession.
When did GE stock split?
Has GE Ever Split Its Stock? June 8, 1971: a 2-for-1 split of common shares. June 2, 1983: a 2-for-1 split of common shares. May 26, 1987: a 2-for-1 split of common shares.
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
What was GE stock worth in 2019?
GE - General Electric CompanyDateOpenClose*Jun 01, 201974.4084.00May 01, 201981.2075.52Apr 01, 201980.1681.36Mar 08, 20190.08 Dividend80 more rows
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.
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
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.
Does Warren Buffett own GE stock?
Fortunately for Buffett, he did not buy common shares of GE stock. Instead, he bought preferred shares, which paid an annual dividend yield of 10%. Those shares were also convertible, meaning Buffett could choose to convert them to common shares.
What was the price of GE stock in 2018?
GE - General Electric CompanyDateOpenClose*Nov 30, 201858.9257.69Nov 29, 201858.8561.08Nov 28, 201856.8559.54Nov 27, 201857.6257.2365 more rows
UPDATE 2-Safran boosts titanium stocks, shores up supply chain
General Electric: Disappointing 1H22 Forecast Does Not Alter the Bull Case
French jet engine maker Safran said on Thursday it had enough titanium reserves for several months after increasing stocks of the metal since the start of the year as Western aerospace companies brace for fallout from the Ukraine crisis.
