We're taking a closer look at GE Aerospace today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved -7.7% compared to -0.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
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General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems.
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GE Aerospace has moved 114.2% over the last year compared to 37.8% for the S&P 500 -- a difference of 76.4%
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GE has an average analyst rating of buy and is -13.79% away from its mean target price of $207.91 per share
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Its trailing 12 month earnings per share (EPS) is $3.69
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GE Aerospace has a trailing 12 month Price to Earnings (P/E) ratio of 48.6 while the S&P 500 average is 29.3
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Its forward earnings per share (EPS) is $5.23 and its forward P/E ratio is 34.3
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GE has a Price to Earnings Growth (PEG) ratio of 1.54, which shows the company is fairly valued compared to its earnings.
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The company has a Price to Book (P/B) ratio of 10.45 in contrast to the S&P 500's average ratio of 4.74
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GE Aerospace is part of the Technology sector, which has an average P/E ratio of 30.01 and an average P/B of 3.91
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GE Aerospace has on average reported free cash flows of $2.09 Billion over the last four years, during which time they have grown by an an average of -21.6%