Ge Aerospace Stock Today

GE Stock  USD 167.33  2.07  1.25%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
GE Aerospace is trading at 167.33 as of the 26th of May 2024, a 1.25% increase since the beginning of the trading day. The stock's lowest day price was 163.85. GE Aerospace has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Note, on April 22, 2024, Representative Michael McCaul of US Congress acquired $250k to $500k worth of GE Aerospace's common stock.
Business Domain
Capital Goods
IPO Date
2nd of January 1962
Category
Industrials
General Electric Company operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is headquartered in Boston, Massachusetts. General Electric operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. The company has 1.09 B outstanding shares of which 10.43 M shares are currently sold short in the market by investors with about 1.12 days to cover all shorted shares. More on GE Aerospace

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GE Aerospace Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. GE Aerospace's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GE Aerospace or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, GE Aerospace's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to GE Aerospace's managers, analysts, and investors.
Environmental
Governance
Social
CEOJohn Slattery
Thematic Ideas
Showing 3 out of 6 themes
Old Names[General Electric Company, General Electric Company, General Electric Co. CEDEAR]
Business ConcentrationIndustrial Conglomerates, Aerospace & Defense, Industrials, NYSE Composite, Electrical Equipment, Giant Impact, Investor Favorites, Dividend Beast, Artificial Intelligence, Alternative Energy, Industrials, Industrial Conglomerates, Specialty Industrial Machinery, Industrials (View all Sectors)
Excise Tax ActivitiesAnimal TestingCatholicMilitary Contract
Average Analyst Recommendation
Analysts covering GE Aerospace report their recommendations after researching GE Aerospace's financial statements, talking to executives and customers, or listening in on GE Aerospace's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering GE Aerospace. The GE Aerospace consensus assessment is calculated by taking the average forecast from all of the analysts covering GE Aerospace.
Financial Strength
Based on the measurements of operating efficiency obtained from GE Aerospace's historical financial statements, GE Aerospace may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of GE Aerospace is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.370.4168
Fairly Down
Pretty Stable
Gross Profit Margin0.460.2584
Way Up
Pretty Stable
Total Current Liabilities48.3 B50.9 B
Notably Down
Slightly volatile
Non Current Liabilities Total79.4 B83.6 B
Notably Down
Slightly volatile
Total Assets154.9 B163 B
Notably Down
Slightly volatile
Total Current Assets56.8 B59.8 B
Notably Down
Slightly volatile
GE Aerospace's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to GE Aerospace's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
GE Aerospace's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of GE Aerospace's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GE Aerospace's financial leverage. It provides some insight into what part of GE Aerospace's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on GE Aerospace's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how GE Aerospace deploys its capital and how much of that capital is borrowed.
Liquidity
GE Aerospace cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 22.94 B of total liabilities with total debt to equity ratio (D/E) of 1.0, which is normal for its line of buisiness. GE Aerospace has a current ratio of 1.08, indicating that it is not liquid enough and may have problems paying out its debt commitments in time. Debt can assist GE Aerospace until it has trouble settling it off, either with new capital or with free cash flow. So, GE Aerospace's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GE Aerospace sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GE Aerospace to invest in growth at high rates of return. When we think about GE Aerospace's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(1.45 Billion)
GE Aerospace (GE) is traded on New York Stock Exchange in USA. It is located in 1 Neumann Way, Evendale, OH, United States, 45215 and employs 125,000 people. GE Aerospace is listed under Industrial Conglomerates category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a market capitalization of 183.16 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GE Aerospace's market, we take the total number of its shares issued and multiply it by GE Aerospace's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. GE Aerospace is active under Industrial Conglomerates sector as part of Industrials industry. The entity has 1.09 B outstanding shares of which 10.43 M shares are currently sold short in the market by investors with about 1.12 days to cover all shorted shares. GE Aerospace reports about 17.26 B in cash with 5.18 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.82.
Check GE Aerospace Probability Of Bankruptcy
Ownership Allocation
GE Aerospace secures a total of 1.09 Billion outstanding shares. The majority of GE Aerospace outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to purchase positions in GE Aerospace to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in GE Aerospace. Please pay attention to any change in the institutional holdings of GE Aerospace as this could imply that something significant has changed or is about to change at the company. Please note that on April 22, 2024, Representative Michael McCaul of US Congress acquired $250k to $500k worth of GE Aerospace's common stock.
Check GE Aerospace Ownership Details

GE Aerospace Stock Institutional Holders

Institutional Holdings refers to the ownership stake in GE Aerospace that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of GE Aerospace's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing GE Aerospace's value.
InstituionRecorded OnShares
Northern Trust Corp2023-12-31
10.5 M
Morgan Stanley - Brokerage Accounts2023-12-31
9.7 M
Norges Bank2023-12-31
9.3 M
Legal & General Group Plc2023-12-31
8.2 M
Goldman Sachs Group Inc2023-12-31
7.9 M
Bank Of New York Mellon Corp2023-12-31
7.9 M
Amvescap Plc.2023-12-31
7.6 M
Canada Pension Plan Investment Board2024-03-31
7.1 M
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main2023-12-31
6.7 M
Vanguard Group Inc2024-03-31
87.7 M
Capital Research Global Investors2024-03-31
78.7 M
View GE Aerospace Diagnostics

GE Aerospace Historical Income Statement

GE Aerospace Income Statement is one of the three primary financial statements used for reporting GE Aerospace's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of GE Aerospace revenue and expense. GE Aerospace Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, GE Aerospace's Other Operating Expenses is projected to decrease significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 65.7 B, whereas Interest Expense is forecasted to decline to about 1.1 B. View More Fundamentals

GE Aerospace Stock Against Markets

Picking the right benchmark for GE Aerospace stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GE Aerospace stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GE Aerospace is critical whether you are bullish or bearish towards GE Aerospace at a given time. Please also check how GE Aerospace's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in GE Aerospace without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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GE Aerospace Corporate Directors

GE Aerospace corporate directors refer to members of a GE Aerospace board of directors. The board of directors generally takes responsibility for the GE Aerospace's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of GE Aerospace's board members must vote for the resolution. The GE Aerospace board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Leslie SeidmanIndependent DirectorProfile
Edward GardenIndependent DirectorProfile
Francisco DSouzaIndependent DirectorProfile
Sebastien BazinIndependent DirectorProfile

How to buy GE Aerospace Stock?

Before investing in GE Aerospace, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in GE Aerospace. To buy GE Aerospace stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of GE Aerospace. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase GE Aerospace stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located GE Aerospace stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased GE Aerospace stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as GE Aerospace, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy GE Aerospace Stock please use our How to Invest in GE Aerospace guide.

Already Invested in GE Aerospace?

The danger of trading GE Aerospace is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of GE Aerospace is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than GE Aerospace. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GE Aerospace is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether GE Aerospace is a strong investment it is important to analyze GE Aerospace's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GE Aerospace's future performance. For an informed investment choice regarding GE Aerospace Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Aerospace. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.
Note that the GE Aerospace information on this page should be used as a complementary analysis to other GE Aerospace's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running GE Aerospace's price analysis, check to measure GE Aerospace's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GE Aerospace is operating at the current time. Most of GE Aerospace's value examination focuses on studying past and present price action to predict the probability of GE Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GE Aerospace's price. Additionally, you may evaluate how the addition of GE Aerospace to your portfolios can decrease your overall portfolio volatility.
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Is GE Aerospace's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GE Aerospace. If investors know GE Aerospace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GE Aerospace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.79)
Dividend Share
0.52
Earnings Share
3.8
Revenue Per Share
63.81
Quarterly Revenue Growth
0.108
The market value of GE Aerospace is measured differently than its book value, which is the value of GE Aerospace that is recorded on the company's balance sheet. Investors also form their own opinion of GE Aerospace's value that differs from its market value or its book value, called intrinsic value, which is GE Aerospace's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GE Aerospace's market value can be influenced by many factors that don't directly affect GE Aerospace's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GE Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if GE Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GE Aerospace's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.