Stocks of GE Aerospace (NYSE:GE) traded higher last session on Wall Street, down -1.73% to $182.45.
GE stock price is now -7.92% away from the 50-day moving average and 0.61% away from the 200-day moving average. The market capitalization of the company currently stands at $195.82B.
With the price target maintained at $205, Northcoast recently Upgraded its rating from Neutral to Buy for GE Aerospace (NYSE: GE). On February 18, 2025, Redburn Atlantic recently initiated its ‘Buy’ rating on the stock quoting a target price of $250, while ‘Northcoast’ rates the stock as ‘Neutral’
In other news, Ali Mohamed, Senior Vice President sold 6,196 shares of the company’s stock on Mar 04 ’25. The stock was sold for $1,223,304 at an average price of $197.43. Upon completion of the transaction, the Senior Vice President now directly owns 8,384 shares in the company, valued at $1.53 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, Officer Ali Mohamed bought 6,196 shares of the business’s stock. A total of $1,226,808 was incurred on buying the stock at an average price of $198.00. A total of 0.27% of the company’s stock is owned by insiders.
During the past 12 months, GE Aerospace has had a low of $146.78 and a high of $214.21. As of last week, the company has a debt-to-equity ratio of 1.05, a current ratio of 1.09, and a quick ratio of 0.81. According to the stock market information, the enterprise value for the company is $202221846528, which is based on a 30.54 price-to-earnings ratio, a 1.78 price-to-earnings-growth ratio, and a beta of 1.34. The fifty day moving average price for GE is $198.1322 and a two-hundred day moving average price translates $181.34155 for the stock.
The latest earnings results from GE Aerospace (NYSE: GE) was released for 2024-12-31. The net profit margin was 14.27% and return on equity was 27.62% for GE. The company reported revenue of $3.71 billion for the quarter, compared to $2.81 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 32.37 percent.
