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 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.
What is GE price target?
General Electric Co (NYSE:GE) The 16 analysts offering 12-month price forecasts for General Electric Co have a median target of 88.00, with a high estimate of 120.00 and a low estimate of 72.00.
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.
How high will GM stock go?
AIPickup expected the average GM future stock price to hit $39.91 in 2022, falling to $38.82 in 2023, $38.35 in 2024 and $34.48 in 2025.
Will GE shareholders get wabtec stock?
The exchange ratio for the combined Spin-off/merger transaction is 0.005371, meaning participating GE shareholders will receive 0.005371 shares of Wabtec common stock for each outstanding share of GE common stock held.
What was GE highest stock price ever?
The all-time high General Electric stock closing price was 480.00 on August 28, 2000.
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.
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.
