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 so low?
... response to the news as it attempts to bounce back from Monday’s historic low. Indeed, GE stock hit a more than one-year low on Monday, likely as part of the general downturn hitting the ...
How much is GE stock per share?
The General Electric 52-week high stock price is 116.17, which is 48.5% above the current share price. The General Electric 52-week low stock price is 72.61, which is 7.2% below the current share price. The average General Electric stock price for the last 52 weeks is 99.64.
Is GE stock worth buying?
Let's take a look at the investment case for buying the stock in the context of this consideration. In isolation, GE is an attractive stock, and it's worth buying for patient investors. This is because GE's highly regarded CEO Larry Culp plans to turn around the under-performing power and renewable energy segments.
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What is the highest price of GE stock?
The latest closing stock price for General Electric as of July 06, 2022 is 61.57.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 88.7% above the current share price.More items...
Is GE a buy hold or sell?
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.
Is GE a good stock to buy?
Bottom line: GE stock is not a buy. Over the long term, buying an index fund, such as SPDR S&P 500 (SPY), would have delivered safer, higher returns than GE stock. If you want to invest in a large-cap stock, IBD offers several strong ideas here.
Is GE in financial trouble?
GE's decline accelerated during the Great Recession, as the financial crisis revealed it to be overstretched. In 2018, GE—the last original component of the DJIA—was dropped from the index, after years of poor performance and declining revenues.
What is GE target price?
Stock Price Target GEHigh$120.00Median$88.00Low$72.00Average$90.44Current Price$67.96
Is GE a good stock to buy 2022?
On a brighter note, the sell-off in the stock means GE now trades at a market cap of just $82.5 billion. Even if it only hits the low end of the free-cash-flow (FCF) 2022 guidance range of $5.5 billion to $6.5 billion, the stock will trade at just 15 times FCF in 2022.
What are the 10 highest paying dividend stocks?
10 high-yield dividend stocks to buy:EPR Properties (EPR)FS KKR Capital Corp. (FSK)Gerdau SA (GGB)International Business Machines Corp. (IBM)Oneok Inc. (OKE)Prospect Capital Corp. (PSEC)W. P. Carey Inc. (WPC)Devon Energy (DVN)More items...
How often are GE dividends paid?
4 dividends per yearThere are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 14.7. Our premium tools have predicted General Electric Co.
Where is General Electric located?
Is GE a Fortune 500 company?
General Electric Company is an American multinational conglomerate incorporated in New York City and headquartered in Boston. As of 2018, the company operates through the following segments: aviation, healthcare, power, renewable energy, digital industry, additive manufacturing, locomotives, and venture capital and finance.
When did General Electric split its stock?
In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th-most profitable company but has since very severely underperformed the market as its profitability collapsed.
How much did General Electric make in the quarter?
How did General Electric's stock split work? General Electric shares reverse split on the morning of Monday, August 2nd 2021. The 1-8 reverse split was announced on Monday, August 2nd 2021. The number of shares owned by shareholders will be adjusted after the market closes on Monday, August 2nd 2021.
Does General Electric have a dividend?
General Electric (NYSE:GE) announced its quarterly earnings data on Monday, April, 26th. The conglomerate reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The conglomerate earned $17.12 billion during the quarter, compared to analysts' expectations of $17.66 billion.
