With 2.44 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.83 million shares. The 52-week range on GEV shows that it touched its highest point at $500.72 and its lowest point at $150.01 during that stretch. It currently has a 1-year price target of $458.69. With its current market cap of 132.19 billion, GEV has annualized dividend of $0.50 while the current yield stands at 0.10%. Beta for the stock currently stands at 1.58.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GEV was up-trending over the past week, with a rise of 2.79%, but this was up by 20.71% over a month. Three-month performance surged to 65.18% while six-month performance rose 43.48%. The stock gained 184.27% in the past year, while it has gained 47.24% so far this year. A look at the trailing 12-month EPS for GEV yields 7.01 with Next year EPS estimates of 11.21. For the next quarter, that number is 1.47. This implies an EPS growth rate of 1154.09% for this year and 61.05% for next year.
Float and Shares Shorts:
At present, 272.93 million GEV shares are outstanding with a float of 272.69 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GEV since 9 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.39953 being high and $2.73507 being low. For GEV, this leads to a yearly average estimate of $3.02867.
