Ge Aerospace Stock Today

GE Stock  USD 180.60  4.00  2.17%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 6

 
High
 
Low
Low
GE Aerospace is trading at 180.60 as of the 28th of November 2024, a 2.17 percent decrease since the beginning of the trading day. The stock's lowest day price was 180.44. GE Aerospace has only a 6 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. Note, on June 12, 2024, Representative Roger Williams of US Congress acquired under $15k 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 1.08 B outstanding shares of which 12.13 M shares are currently sold short in the market by investors with about 2.45 days to cover all shorted shares. More on GE Aerospace

Moving against GE Aerospace Stock

  0.39BA Boeing Fiscal Year End 29th of January 2025 PairCorr

GE Aerospace Stock Highlights

ESG Sustainability
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, NYSE 100 Index, ARCA Major Markets, SP 500 Index, ARCA Institutional, BTRINVSTNG 100 INDEX, BETTERINVESTING 100 INDEX, SP 100, Artificial Intelligence, Dividend Beast, Giant Impact, Electrical Equipment, Alternative Energy, Investor Favorites, Industrials, Industrial Conglomerates, Specialty Industrial Machinery, Industrials (View all Sectors)
Excise Tax ActivitiesAnimal TestingCatholicMilitary Contract
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.370.4168
Fairly Down
Pretty Stable
Gross Profit Margin0.460.2584
Way Up
Very volatile
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
Debt Levels
GE Aerospace can leverage 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.
Liquidity
GE Aerospace 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. Note however, debt could still be an excellent tool for GE Aerospace to invest in growth at high rates of return.

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 199.79 B. GE Aerospace is active under Industrial Conglomerates sector as part of Industrials industry. The entity has 1.08 B outstanding shares of which 12.13 M shares are currently sold short in the market by investors with about 2.45 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 1.08 Billion outstanding shares. Almost 92.85 % of GE Aerospace outstanding shares are held by general public with 0.15 percent owned by insiders and only 7.0 (percent) by institutions. On June 12, 2024, Representative Roger Williams of US Congress acquired under $15k worth of GE Aerospace's common stock.
Check GE Aerospace Ownership Details

GE Aerospace Stock Institutional Holders

InstituionRecorded OnShares
Newport Trust Co.2024-09-30
15.6 M
Dodge & Cox2024-09-30
14.2 M
Norges Bank2024-06-30
12.7 M
Northern Trust Corp2024-09-30
9.5 M
Legal & General Group Plc2024-06-30
8.4 M
Jennison Associates Llc2024-09-30
7.8 M
Amvescap Plc.2024-06-30
7.4 M
Bank Of New York Mellon Corp2024-06-30
6.9 M
Canada Pension Plan Investment Board2024-09-30
6.8 M
Vanguard Group Inc2024-09-30
89.4 M
Blackrock Inc2024-06-30
79.7 M
View GE Aerospace Diagnostics

GE Aerospace Historical Income Statement

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 EBIT is expected to grow to about 19 B, whereas Interest Expense is forecasted to decline to about 1.1 B. View More Fundamentals

GE Aerospace Stock Against Markets

GE Aerospace Corporate Directors

Leslie SeidmanIndependent DirectorProfile
Edward GardenIndependent DirectorProfile
Francisco DSouzaIndependent DirectorProfile
Sebastien BazinIndependent DirectorProfile
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 closely tied with the direction of predictive economic indicators such as signals in income.
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Is Industrial Conglomerates space 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
6.064
Dividend Share
0.92
Earnings Share
5.08
Revenue Per Share
64.325
Quarterly Revenue Growth
0.058
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.