General Electric (NYSE:GE – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.100-5.450 for the period, compared to the consensus earnings per share estimate of 5.420. The company issued revenue guidance of -.
General Electric Price Performance
GE stock opened at $178.22 on Tuesday. General Electric has a 1 year low of $148.83 and a 1 year high of $214.21. The business’s 50-day moving average is $195.49 and its two-hundred day moving average is $186.46. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.09 and a quick ratio of 0.81. The firm has a market capitalization of $191.28 billion, a P/E ratio of 29.75, a P/E/G ratio of 2.59 and a beta of 1.04.
General Electric (NYSE:GE – Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The conglomerate reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.27. General Electric had a net margin of 14.31% and a return on equity of 22.19%. Analysts anticipate that General Electric will post 5.4 earnings per share for the current fiscal year.
General Electric Increases Dividend
Analyst Upgrades and Downgrades
GE has been the topic of several research reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a $200.00 price objective on shares of General Electric in a report on Wednesday, January 22nd. UBS Group raised their target price on shares of General Electric from $215.00 to $235.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Northcoast Research upgraded General Electric from a “neutral” rating to a “buy” rating and set a $205.00 price target on the stock in a research note on Wednesday, April 9th. Redburn Atlantic initiated coverage on shares of General Electric in a report on Tuesday, February 18th. They set a “buy” rating and a $250.00 price objective on the stock. Finally, JPMorgan Chase & Co. upped their target price on General Electric from $190.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $213.33.
View Our Latest Stock Report on General Electric
Hedge Funds Weigh In On General Electric
A hedge fund recently raised its stake in General Electric stock. Brighton Jones LLC grew its holdings in General Electric (NYSE:GE – Free Report) by 25.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,008 shares of the conglomerate’s stock after acquiring an additional 2,421 shares during the period. Brighton Jones LLC’s holdings in General Electric were worth $2,003,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 74.77% of the company’s stock.
General Electric Company Profile
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.
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