Now Is A Suitable Moment For A Long-Term Purchase Of GE Aerospace (NYSE: GE)

Currently, there are 1.07B common shares owned by the public and among those 1.07B shares have been available to trade.

The company’s stock has a 5-day price change of -3.93% and 19.82% over the past three months. GE shares are trading 22.18% year to date (YTD), with the 12-month market performance up to 45.57% higher. It has a 12-month low price of $133.99 and touched a high of $214.21 over the same period. GE has an average intraday trading volume of 5.19 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 1.47%, 1.01%, and 13.09% respectively.

Institutional ownership of GE Aerospace (NYSE: GE) shares accounts for 79.70% of the company’s 1.07B shares outstanding.

It has a market capitalization of $218.73B and a beta (3y monthly) value of 1.05. The stock’s trailing 12-month PE ratio is 34.12, while the earnings-per-share (ttm) stands at $5.97. The company has a PEG of 1.96 and a Quick Ratio of 0.81 with the debt-to-equity ratio at 1.05. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.28% over the week and 2.75% over the month.

Earnings per share for the fiscal year are expected to increase by 18.17%, and 18.91% over the next financial year. EPS should shrink at an annualized rate of 17.40% over the next five years, compared to 94.19% over the past 5-year period.

Looking at the support for the GE, a number of firms have released research notes about the stock. Redburn Atlantic stated their Buy rating for the stock in a research note on February 18, 2025, with the firm’s price target at $250. Bernstein was of a view on October 14, 2024 that the stock is Outperform, while Bernstein gave the stock Outperform rating on September 10, 2024, issuing a price target of $201. TD Cowen on their part issued Buy rating on April 09, 2024.

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