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.
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.
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Is GE a buy 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 is GE's target price?
Stock Price Target GEHigh$120.00Median$88.00Low$72.00Average$90.44Current Price$67.89
Is GE a good stock to hold?
On key earnings and sales metrics, GE stock earns an EPS Rating of 65 out of a best-possible 99, and an SMR Rating of E, on a scale of A+ (best) to E (worst). The EPS Rating compares a company's earnings per share growth vs.
Is GE a buy now?
General Electric Company - Sell Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of GE, demonstrate its potential to underperform the market. It currently has a Growth Score of F.
Will GE stock go up 2022?
GE Stock Price Forecast 2022-2023 The forecasted GE price at the end of 2022 is $81.62 - and the year to year change -14%. The rise from today to year-end: +22%. In the middle of 2022, we expect to see $68.44 per 1 GE.
How high will GM stock go?
The average 12-month GM stock price target was $65.90, with a 66.5% upside potential. Analysts forecast that the GM share price could reach $98 or fall to $44.
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 going on with GE?
This morning, CEO Larry Culp announced that GE is going to split into three separate companies. The healthcare unit is going to be spun-off in early 2023, the energy division will be spun-off in early 2024, and the aviation business will be the remaining company.
What does GE split mean for shareholders?
GE, priced at around $102 a share on Wednesday, will spin off into three separate businesses: energy, aviation and health care. Johnson & Johnson, trading at $163, will divide into one consumer company and another for pharmaceuticals.
Does GE pay a dividend?
GE pays a dividend of $0.32 per share. GE's annual dividend yield is 0.47%. General Electric Co's dividend is lower than the US industry average of 1.65%, and it is lower than the US market average of 3.75%.
How many stock splits has GE had?
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.
What company owns GE?
HaierGE Appliances is an American home appliance manufacturer based in Louisville, Kentucky. It has been majority owned by multinational home appliances company Haier since 2016.
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.
Sales
Cost
- 20 Wall Street analysts have issued 1-year price targets for General Electric's stock. Their predictions range from $5.00 to $21.00. On average, they anticipate General Electric's stock price to reach $12.1765 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View Analyst Price Targets for General Electric.
Ratings
- 20 Wall Street analysts have issued \"buy,\" \"hold,\" and \"sell\" ratings for General Electric in the last year. There are currently 2 sell ratings, 9 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of \"Hold.\" View Analyst Ratings for General Electric.
Reception
- News stories about GE stock have trended neutral this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. General Electric earned a news impact score of …
Ownership
- General Electric's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.80%), Pzena Investment Management LLC (0.70%), Sumitomo Mitsui Trust Holdings Inc. (0.38%), Parametric Portfolio Associates LLC (0.36%), Swiss National Bank (0.33%) and Dimensional Fund Advisors LP (0.33%). Company insi…
Business
- General Electric has a market capitalization of $87.95 billion and generates $121.62 billion in revenue each year. The conglomerate earns $-22,354,000,000.00 in net income (profit) each year or $0.65 on an earnings per share basis. General Electric employs 283,000 workers across the globe.
Location
- General Electric's mailing address is 41 FARNSWORTH STREET, BOSTON MA, 02210. The conglomerate can be reached via phone at 617-443-3000 or via email at [email protected].