Analyzing General Electric's Fundamentals Before Investing

By Naomi Wentworth • Tuesday, September 16 15:28 • Permanent Link

More and more people are talking about General Electric over the last few weeks. Is it worth buying the Consumer Electronics stock at a price of $292.19? Only time will tell. The information below will give you a basic idea of what this investment may entail:

General Electric has moved 59.0% over the last year, and the S&P 500 logged a change of 17.4%
GE has an average analyst rating of buy and is -2.71% away from its mean target price of $300.33 per share
Its trailing earnings per share (EPS) is $7.0
General Electric has a trailing 12 month Price to Earnings (P/E) ratio of 41.7 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $5.24 and its forward P/E ratio is 55.8
The company has a Price to Book (P/B) ratio of 16.19 in contrast to the S&P 500's average ratio of 4.74
General Electric is part of the Technology sector, which has an average P/E ratio of 30.44 and an average P/B of 4.19
GE has reported YOY quarterly earnings growth of 64.1% and gross profit margins of 0.3%
The company has a free cash flow of $5.19 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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. The company operates through two reportable segments, Commercial Engines & Services, and Defense & Propulsion Technologies. The Commercial Engines & Services segment designs, develops, manufactures, maintenance, repair, and overhaul (MRO) services of jet engines and sale of spare parts for commercial airframes, business aviation, and aeroderivative applications. The Defense & Propulsion Technologies segment provides designs, develops, manufactures, and MRO services jet engines and avionics and power systems for governments, militaries and commercial airframers, as well as sale of spare parts. This segment also offers small turboprop engines, aeroengine mechanical transmissions, turbines, combustors and controls, additive manufacturing, propeller systems, ignition systems, sensors and engine accessories for both fixed wing and rotorcraft applications. The company operates in the United States, Europe, China, rest of Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is based in Evendale, Ohio.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.