Currently, there are 275.88M common shares owned by the public and among those 275.52M shares have been available to trade.
The company’s stock has a 5-day price change of -14.89% and -7.32% over the past three months. It has a 12-month low price of $115.00 and touched a high of $447.50 over the same period. GEV has an average intraday trading volume of 3.44 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -12.22%, -12.03%, and 22.70% respectively.
Institutional ownership of GE Vernova Inc (NYSE: GEV) shares accounts for 78.95% of the company’s 275.88M shares outstanding.
It has a market capitalization of $87.65B. The stock’s trailing 12-month PE ratio is 56.47, while the earnings-per-share (ttm) stands at $5.63. The company has a PEG of 0.28 and a Quick Ratio of 0.81 with the debt-to-equity ratio at 0.11. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.72% over the week and 5.84% over the month.
Analysts forecast that GE Vernova Inc (GEV) will achieve an EPS of 0.29 for the current quarter, 1.38 for the next quarter and 10.31 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.08 while analysts give the company a high EPS estimate of 0.08. Comparatively, EPS for the current quarter was -0.41 a year ago. Earnings per share for the fiscal year are expected to increase by 1105.74%, and 65.05% over the next financial year.
Looking at the support for the GEV, a number of firms have released research notes about the stock. Robert W. Baird stated their Outperform rating for the stock in a research note on February 13, 2025, with the firm’s price target at $448. Johnson Rice coverage for the GE Vernova Inc (GEV) stock in a research note released on February 07, 2025 offered a Buy rating with a price target of $425. Guggenheim was of a view on January 24, 2025 that the stock is Neutral, while Daiwa Securities gave the stock Outperform rating on December 11, 2024, issuing a price target of $336- $348. TD Cowen on their part issued Buy rating on December 05, 2024.
