GE Aerospace (NYSE:GE – Get Free Report) and Spire Global (NYSE:SPIR – Get Free Report) are both aerospace companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.
Institutional and Insider Ownership
74.8% of GE Aerospace shares are held by institutional investors. Comparatively, 20.0% of Spire Global shares are held by institutional investors. 0.2% of GE Aerospace shares are held by company insiders. Comparatively, 14.7% of Spire Global shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares GE Aerospace and Spire Global”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
GE Aerospace | $38.70 billion | 7.50 | $6.56 billion | $7.17 | 38.18 |
Spire Global | $110.45 million | 2.57 | -$102.82 million | ($3.48) | -2.62 |
GE Aerospace has higher revenue and earnings than Spire Global. Spire Global is trading at a lower price-to-earnings ratio than GE Aerospace, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
GE Aerospace has a beta of 1.44, suggesting that its stock price is 44% more volatile than the S&P 500. Comparatively, Spire Global has a beta of 2.38, suggesting that its stock price is 138% more volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of current recommendations and price targets for GE Aerospace and Spire Global, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
GE Aerospace | 0 | 1 | 10 | 0 | 2.91 |
Spire Global | 0 | 1 | 4 | 0 | 2.80 |
GE Aerospace currently has a consensus target price of $232.92, indicating a potential downside of 14.91%. Spire Global has a consensus target price of $18.20, indicating a potential upside of 99.63%. Given Spire Global’s higher probable upside, analysts clearly believe Spire Global is more favorable than GE Aerospace.
Profitability
This table compares GE Aerospace and Spire Global’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
GE Aerospace | 18.64% | 31.32% | 4.86% |
Spire Global | -98.42% | -492.01% | -37.32% |
Summary
GE Aerospace beats Spire Global on 11 of the 14 factors compared between the two stocks.
About GE Aerospace
GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. GE demerged into GE Vernova, GE Aerospace, and GE Healthcare.
About Spire Global
Spire Global, Inc. provides subscription-based data, insights, predictive analytics, and related project-based services worldwide. The company offers satellite-based aircraft tracking data to power applications, drive decision making, and improve cost efficiencies; data, insights, and predictive analytics for highly accurate ship monitoring, real-time and near real-time vessel updates, port operations, ship safety and route optimization; and space-based data, AI-powered insights, and predictive weather analytics for accurate weather forecasting. It serves maritime, weather, aviation, and space services industries. The company was formerly known as Nanosatisfi, Inc. and changed its name to Spire Global, Inc. in July 2014. Spire Global, Inc. is headquartered in Vienna, Virginia.
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