Promising Investment Opportunity: GE Aerospace’s Strong Financial Performance and Growth Projections
TipRanks (Mon, 27-Jan 8:26 AM ET)
GE Aerospace Poised for Growth: Strong Demand and Strategic Investments Drive Buy Rating
TipRanks (Mon, 27-Jan 4:45 AM ET)
TipRanks (Fri, 24-Jan 5:55 PM ET)
GE Aerospace (GE) Gets a Buy from Wells Fargo
TipRanks (Fri, 24-Jan 6:37 AM ET)
Benzinga (Fri, 24-Jan 5:52 AM ET)
GE Aerospace: Strong Financial Performance and Positive Outlook Drive Buy Rating
TipRanks (Fri, 24-Jan 4:57 AM ET)
GE Aerospace: Strong Market Position and Growth Potential Justify Buy Rating
TipRanks (Fri, 24-Jan 4:45 AM ET)
Benzinga (Fri, 24-Jan 3:29 AM ET)
Boeing’s Jeppesen navigation unit draws interest from aerospace, private equity suitors - Bloomberg
Seeking Alpha News (Fri, 24-Jan 3:02 AM ET)
GE Aerospace Reports Strong Growth and Optimistic Outlook
TipRanks (Thu, 23-Jan 10:53 PM ET)
GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.
Ge Aerospace trades on the NYSE stock market under the symbol GE.
As of January 27, 2025, GE stock price declined to $193.69 with 2,036,311 million shares trading.
GE has a beta of 1.28, meaning it tends to be more sensitive to market movements. GE has a correlation of 0.27 to the broad based SPY ETF.
GE has a market cap of $207.96 billion. This is considered a Mega Cap stock.
Last quarter Ge Aerospace reported $11 billion in Revenue and $1.32 earnings per share. This beat revenue expectation by $1 billion and exceeded earnings estimates by $.28.
In the last 3 years, GE traded as high as $207.65 and as low as $59.93.
The top ETF exchange traded funds that GE belongs to (by Net Assets): VTI, VOO, SPY, IVV, ITA.
GE has outperformed the market in the last year with a price return of +76.9% while the SPY ETF gained +24.3%. GE has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.9% and +12.8%, respectively, while the SPY returned +3.3% and +2.7%, respectively.
GE support price is $193.84 and resistance is $199.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GE shares will trade within this expected range on the day.