GE Aerospace (NYSE:GE - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 5.100-5.450 for the period, compared to the consensus EPS estimate of 5.420. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
GE has been the subject of a number of recent research reports. Citigroup decreased their target price on GE Aerospace from $235.00 to $227.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Royal Bank of Canada restated an "outperform" rating and issued a $220.00 price objective on shares of GE Aerospace in a research note on Wednesday. Redburn Atlantic assumed coverage on shares of GE Aerospace in a research report on Tuesday, February 18th. They set a "buy" rating and a $250.00 target price for the company. Deutsche Bank Aktiengesellschaft lowered their price target on shares of GE Aerospace from $235.00 to $228.00 and set a "buy" rating on the stock in a research report on Thursday, January 2nd. Finally, Bank of America raised their price objective on shares of GE Aerospace from $200.00 to $225.00 and gave the stock a "buy" rating in a report on Monday, January 27th. One research analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $216.92.
View Our Latest Analysis on GE Aerospace
GE Aerospace Price Performance
NYSE:GE traded up $1.14 during trading hours on Friday, hitting $198.55. 4,390,590 shares of the company's stock traded hands, compared to its average volume of 5,399,811. The firm has a market cap of $213.10 billion, a P/E ratio of 33.15, a P/E/G ratio of 2.59 and a beta of 1.04. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.88. The business's fifty day simple moving average is $194.36 and its two-hundred day simple moving average is $186.68. GE Aerospace has a 52 week low of $150.20 and a 52 week high of $214.21.
GE Aerospace (NYSE:GE - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.29 by $0.20. The company had revenue of $9.94 billion during the quarter, compared to analyst estimates of $9.06 billion. GE Aerospace had a return on equity of 22.19% and a net margin of 14.31%. On average, research analysts anticipate that GE Aerospace will post 5.4 earnings per share for the current fiscal year.
GE Aerospace Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Monday, March 10th were given a $0.36 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from GE Aerospace's previous quarterly dividend of $0.28. This represents a $1.44 annualized dividend and a yield of 0.73%. GE Aerospace's payout ratio is 22.40%.
Institutional Investors Weigh In On GE Aerospace
A hedge fund recently raised its stake in GE Aerospace stock. Revolve Wealth Partners LLC increased its holdings in GE Aerospace (NYSE:GE - Free Report) by 7.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,251 shares of the company's stock after purchasing an additional 150 shares during the period. Revolve Wealth Partners LLC's holdings in GE Aerospace were worth $375,000 as of its most recent SEC filing. 74.77% of the stock is owned by hedge funds and other institutional investors.
GE Aerospace Company Profile
(
Get Free Report)
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.
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