GE Aerospace (GE) concluded trading on Tuesday at a closing price of $171.49, with 2.24 million shares of worth about $383.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.75% during that period and on December 24, 2024 the price saw a gain of about 1.46%. Currently the company’s common shares owned by public are about 1.08B shares, out of which, 1.08B shares are available for trading.
Stock saw a price change of 3.43% in past 5 days and over the past one month there was a price change of -5.33%. Year-to-date (YTD), GE shares are showing a performance of 68.48% which increased to 69.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $98.61 but also hit the highest price of $194.80 during that period. The average intraday trading volume for GE Aerospace shares is 4.75 million. The stock is currently trading -0.50% below its 20-day simple moving average (SMA20), while that difference is down -3.27% for SMA50 and it goes to 2.58% higher than SMA200.
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GE Aerospace (NYSE: GE) currently have 1.08B outstanding shares and institutions hold larger chunk of about 78.50% of that.
The stock has a current market capitalization of $188.31B and its 3Y-monthly beta is at 1.19. PE ratio of stock for trailing 12 months is 30.25, while it has posted earnings per share of $5.67 in the same period. Its PEG reads 0.96 and has Quick Ratio of 0.85 while making debt-to-equity ratio of 1.12. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GE, volatility over the week remained 2.70% while standing at 2.38% over the month.
Stock’s fiscal year EPS is expected to rise by 92.48% while it is estimated to increase by 21.78% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Bernstein on October 14, 2024 offering an Outperform rating for the stock and assigned a target price range of between $201 and $225 to it. Coverage by Bernstein stated GE Aerospace (GE) stock as an Outperform in their note to investors on September 10, 2024, suggesting a price target of $201 for the stock. On April 09, 2024, TD Cowen Upgrade their recommendations, while on April 09, 2024, Goldman Resumed their ratings for the stock with a price target of $190. Stock get a Buy rating from Vertical Research on April 04, 2024.
