GE Aerospace (GE) concluded trading on Wednesday at a closing price of $188.36, with 7.42 million shares of worth about $1.4 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.73% during that period and on January 22, 2025 the price saw a gain of about 0.46%. 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 6.50% in past 5 days and over the past one month there was a price change of 17.76%. Year-to-date (YTD), GE shares are showing a performance of 12.93% which increased to 81.94% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $100.85 but also hit the highest price of $194.80 during that period. The average intraday trading volume for GE Aerospace shares is 5.20 million. The stock is currently trading 8.16% above its 20-day simple moving average (SMA20), while that difference is up 7.46% for SMA50 and it goes to 10.64% higher than SMA200.
GE Aerospace (NYSE: GE) currently have 1.08B outstanding shares and institutions hold larger chunk of about 78.55% of that.
The stock has a current market capitalization of $203.86B and its 3Y-monthly beta is at 1.22. PE ratio of stock for trailing 12 months is 33.22, while it has posted earnings per share of $5.67 in the same period. Its PEG reads 1.09 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 1.86% while standing at 1.94% over the month.
Stock’s fiscal year EPS is expected to rise by 92.14% while it is estimated to increase by 21.46% in next year.
Coverage by Bernstein stated GE Aerospace (GE) stock as an Outperform in their note to investors on October 14, 2024, suggesting a price target of $225 for the stock. On September 10, 2024, Bernstein Initiated their recommendations, while on April 09, 2024, TD Cowen Upgrade their ratings for the stock with a price target of $180. Stock get a Buy rating from Goldman on April 09, 2024.
