- Previous Close
183.89 - Open
186.58 - Bid 186.54 x 1000
- Ask 186.98 x 800
- Day's Range
184.86 - 187.16 - 52 Week Range
84.22 - 190.88 - Volume
3,174,887 - Avg. Volume
5,032,353 - Market Cap (intraday)
202.853B - Beta (5Y Monthly) 1.18
- PE Ratio (TTM)
50.56 - EPS (TTM)
3.70 - Earnings Date Oct 22, 2024 - Oct 28, 2024
- Forward Dividend & Yield 1.12 (0.60%)
- Ex-Dividend Date Sep 26, 2024
- 1y Target Est
200.38
General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is based in Evendale, Ohio.
www.geaerospace.com125,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: GE
View MorePerformance Overview: GE
Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: GE
View MoreValuation Measures
Market Cap
202.85B
Enterprise Value
207.08B
Trailing P/E
50.56
Forward P/E
34.25
PEG Ratio (5yr expected)
1.92
Price/Sales (ttm)
2.97
Price/Book (mrq)
10.91
Enterprise Value/Revenue
2.98
Enterprise Value/EBITDA
24.66
Financial Highlights
Profitability and Income Statement
Profit Margin
6.84%
Return on Assets (ttm)
2.89%
Return on Equity (ttm)
16.13%
Revenue (ttm)
69.41B
Net Income Avi to Common (ttm)
4.02B
Diluted EPS (ttm)
3.70
Balance Sheet and Cash Flow
Total Cash (mrq)
15.14B
Total Debt/Equity (mrq)
110.53%
Levered Free Cash Flow (ttm)
4.62B
Research Analysis: GE
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Research Reports: GE
View MoreArgus Quick Note: Weekly Stock List for 09/23/2024: AI Spotlight on the Industrial Sector
Artificial intelligence has redefined the way certain industries operate within the Industrial sector, leading to notable advances in aerospace & defense, construction & engineering, and manufacturing. Why does this matter for investors? It makes companies more efficient and allows management to focus on profits and company goals. In aerospace & defense, AI is used in flight operations to analyze weather and air traffic data. Sensors also run predictive analytics that identify potential problems with an aircraft. In defense, AI provides tools for strategic decision-making, threat monitoring, and cybersecurity. Indeed, when defending against cyber-attacks, technology can learn patterns and create improved layers of protection. In construction and engineering, AI can optimize the design process, using advanced algorithms and simulations to identify the best configurations and optimal product performance. AI also has capabilities to efficiently allocate resources on a construction site and anticipate potential risks. The technology can provide real-time insights that help in negotiations with suppliers, task organization, and risk prevention. In manufacturing, AI solutions are analyzing production data and demand forecasts to streamline production schedules and resources planning. It is also improving the effectiveness of order-management systems to decrease fulfilment lead times. Studies by McKinsey have concluded that machine downtime can be reduced by 30%-50% and quality costs can be decreased by 10%-20%. Others have predicted that AI in manufacturing will be a $21 billion market by 2028. The following is a list of Argus BUY-rated stocks in the Industrial sector that are leaders in the use of AI.
Morningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover
In this edition, playing the long game on commercial turbine engines; making the case for integrated oils despite the headlines; watching where Prudential tilts; and Nike, Novo Nordisk, and Zhejiang Supor.
GE Aerospace: We See a Credible Case for Future Margin Expansion; Fair Value Estimate Up $22 to $192
GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.
RatingPrice TargetLarge Cap US Pick List - September 2024
This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.