27.06.2022 23:50

General Electric (GE) Dips More Than Broader Markets: What You Should Know

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General Electric (GE) closed at $66.71 in the latest trading session, marking a -0.55% move from the prior day. This change lagged the S&P 500's daily loss of 0.3%. At the same time, the Dow lost 0.2%, and the tech-heavy Nasdaq lost 0.11%.Heading into today, shares of the industrial conglomerate had lost 14.83% over the past month, lagging the Conglomerates sector's loss of 3.76% and the S&P 500's loss of 0.62% in that time.General Electric will be looking to display strength as it nears its next earnings release. In that report, analysts expect General Electric to post earnings of $0.39 per share. This would mark a year-over-year decline of 2.5%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $18.07 billion, down 1.17% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.82 per share and revenue of $76.68 billion. These totals would mark changes of +33.02% and +3.44%, respectively, from last year.Investors might also notice recent changes to analyst estimates for General Electric. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.39% lower. General Electric is currently a Zacks Rank #5 (Strong Sell).Digging into valuation, General Electric currently has a Forward P/E ratio of 23.79. Its industry sports an average Forward P/E of 15.65, so we one might conclude that General Electric is trading at a premium comparatively.We can also see that GE currently has a PEG ratio of 3.4. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Diversified Operations stocks are, on average, holding a PEG ratio of 1.27 based on yesterday's closing prices.The Diversified Operations industry is part of the Conglomerates sector. This industry currently has a Zacks Industry Rank of 57, which puts it in the top 23% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.Just Released: Zacks Top 10 Stocks for 2022In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022?From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report General Electric Company (GE): Free Stock Analysis Report To read this article on Zacks.com click here.
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Nachrichten zu General Electric Co.

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Um Ihnen die Übersicht über die große Anzahl an Nachrichten, die jeden Tag für ein Unternehmen erscheinen, etwas zu erleichtern, haben wir den Nachrichtenfeed in folgende Kategorien aufgeteilt:

Relevant: Nachrichten von ausgesuchten Quellen, die sich im Speziellen mit diesem Unternehmen befassen

Alle: Alle Nachrichten, die dieses Unternehmen betreffen. Z.B. auch Marktberichte die außerdem auch andere Unternehmen betreffen

vom Unternehmen: Nachrichten und Adhoc-Meldungen, die vom Unternehmen selbst veröffentlicht werden

Peer Group: Nachrichten von Unternehmen, die zur Peer Group gehören

Analysen zu General Electric Co.

  • Alle
  • Buy
  • Hold
  • Sell
  • ?
16.03.2021General Electric buyGoldman Sachs Group Inc.
11.03.2021General Electric buyGoldman Sachs Group Inc.
08.03.2021General Electric NeutralCredit Suisse Group
26.01.2021General Electric NeutralJP Morgan Chase & Co.
02.03.2020General Electric NeutralJP Morgan Chase & Co.
16.03.2021General Electric buyGoldman Sachs Group Inc.
11.03.2021General Electric buyGoldman Sachs Group Inc.
30.10.2019General Electric OutperformRBC Capital Markets
08.10.2019General Electric OutperformRBC Capital Markets
14.03.2019General Electric OutperformRBC Capital Markets
08.03.2021General Electric NeutralCredit Suisse Group
26.01.2021General Electric NeutralJP Morgan Chase & Co.
02.03.2020General Electric NeutralJP Morgan Chase & Co.
03.12.2019General Electric NeutralCredit Suisse Group
08.03.2019General Electric NeutralCredit Suisse Group
07.10.2019General Electric UnderweightJP Morgan Chase & Co.
08.04.2019General Electric UnderweightJP Morgan Chase & Co.
09.11.2018General Electric UnderweightJP Morgan Chase & Co.
30.10.2018General Electric UnderweightJP Morgan Chase & Co.
25.10.2018General Electric UnderweightJP Morgan Chase & Co.

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für General Electric Co. nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"

Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"

Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
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Heute im Fokus

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US-Notenbanker Bullard favorisiert Zinserhöhung um 0,75 Prozentpunkte im September. Deutsche Erzeugerpreise steigen im Juli energiepreisbedingt weitaus stärker als erwartet. ZEW-Umfrage: Finanzexperten erwarten in diesem Jahr Inflationsrate von 7,5 Prozent im Euroraum. SK Bioscience: EU-Arzneimittelbehörde hat Prüfverfahren eines neuen Impfstoffes gegen COVID-19 gestartet.

Umfrage

Sollten die Corona-Regeln bei steigenden Infektionszahlen im Herbst wieder verschärft werden?

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