GE stock: buy or sell?

GE stock price: $11.81 -0.25% At close on January 17th, 2020

Updated on:
January 17th, 2020

3

Shares of General Electric remained constant an ugly -0.25% and closed at $11.81. Friday was the fourth red session in a row, sliding in full a -2.66%.

General Electric Company operates as a digital industrial company worldwide. It operates through Power, Renewable Energy, Oil & Gas, Aviation, Healthcare, Transportation, Lighting, and Capital segments.

Should I buy GE stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, General Electric stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is General Electric stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 15 ratings published for GE stock in the last 30 days.

Is GE a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-5Morgan StanleyEqualEqual Weight
2019-9-13Credit Suisse Groupn/aNeutral
2019-7-15UBS GroupBuyNeutral
2019-5-2Deutsche Bankn/aHold
2019-4-8JPMorgan Chase & Co.NeutralUnderweight
2019-3-8Credit Suisse Groupn/aNeutral
2019-3-8Credit Suisse Groupn/aNeutral
2019-3-6Royal Bank of Canadan/aBuy
2019-3-6JPMorgan Chase & Co.n/aNeutral
2019-3-6Gordon Haskettn/aUnderperform
2019-3-4Barclaysn/aOverweight
2019-3-18Royal Bank of Canadan/aBuy
2019-3-12Royal Bank of Canadan/aBuy
2019-2-27JPMorgan Chase & Co.n/aNeutral
2019-2-26Cowenn/aHold

GE stock analysis

Daily outlook

Shares of General Electric remained steady an ugly -0.25% and closed at $11.81.

General Electric shares remained stable -0.25% to $11.81 yesterday. Since SMA100d and SMA200d crossed up on January 8th, GE price slid a -1.99%. Since last October when GE stock price broke up the SMA200d line, it gained $2.75 (30.35%).

GE stock chart (daily)

Weekly outlook

General Electric ended this week at $11.81 and raised a slightly good 1.20%. Late December 2019 GE boosted an outstanding 6.60% in just one week.

General Electric stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, GE might consolidate in a flat-base, waiting to break out over or down under . Since late December 2019 when SMA20w and SMA40w crossed up, GE price gained $0.63 per share (5.64%). Since price and SMA40w lines crossed up late October 2019, GE climbed $2.82 (31.37%).

GE stock chart (weekly)

GE stock price history

GE stock went public on November 13th, 1980 with a price of $0.001. Since then, GE stock surged a inf%, with an average of inf% per year. If you had invested right after GE's IPO a $1,000 in GE stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

GE stock historical price chart

GE stock reached 52-week highs on January 7th at $12.24, and all-time highs 2000-08-28 with a price of 31.3.

GE stock price target is $11.80

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' GE stock price predictions in the hope that they will be met as they may be wrong and not met. We have 15 price forecasts for GE stock released in the last month:
GE stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-5Morgan StanleyInitiatesn/a$10.00-
2019-9-13Credit Suisse GroupReiteratesn/a$38.00-
2019-7-15UBS GroupDowngrades$13.00$11.50-11.5%
2019-5-2Deutsche BankSet Price Targetn/a$10.00-
2019-4-8JPMorgan Chase & Co.Downgrades$6.00$5.00-16.7%
2019-3-8Credit Suisse GroupSet Price Targetn/a$11.00-
2019-3-8Credit Suisse GroupReiteratesn/a$11.00-
2019-3-6Royal Bank of CanadaSet Price Targetn/a$12.00-
2019-3-6JPMorgan Chase & Co.Set Price Targetn/a$6.00-
2019-3-6Gordon HaskettDowngradesn/a$7.00-
2019-3-4BarclaysRaises Target$12.00$13.008.3%
2019-3-18Royal Bank of CanadaSet Price Targetn/a$12.00-
2019-3-12Royal Bank of CanadaSet Price Targetn/a$12.00-
2019-2-27JPMorgan Chase & Co.Reiterates$6.00$10.6677.7%
2019-2-26CowenReiteratesn/a$8.00-
(in average)$9.30$11.8027.0%
Moving in a range from $38.00 and $5.00, the price prediction for GE stock is $11.80. In average, analysts' outlook on GE price target is positive, improving the prediction by a 27.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on April, General Electric . As soon as we get its actual EPS from the earnings report, we will extend this review.
GE earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.23n/a
2017-Q32017-10-200.490.29-40.8%
2017-Q42018-01-240.290.27-6.9%
2018-Q12018-04-200.110.1645.5%
2018-Q22018-07-200.180.195.6%
2018-Q32018-10-300.210.14-33.3%
2018-Q42019-01-310.180.17-5.6%
2019-Q12019-04-180.13n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a slightly good increase of 2.85% to $121,616.00 M USD. Nonetheless, its income margin (compared to revenues) plunged to -18.38%, that is $-22,355.00 million.

To have an updated view of the financial situation of General Electric, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual General Electric TTM sales up to March 2019 were $120,243.00 and income was $-17,620.00 million dollars. If we compare this TTM figures with the last reported annuality, we can review General Electric business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, declined an ugly -1.13%. However, profit margin (net income/revenues) grew at -18.38%.

GE annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$142,710 M-$15,160 M10.6%-
2014$147,811 M3.57%$15,233 M10.3%0.48%
2015$115,158 M-22.09%$-6,126.00 M-5.3%-140.22%
2016$119,687 M3.93%$8,831 M7.4%-244.16%
2017$118,243 M-1.21%$-8,484.00 M-7.2%-196.07%
2018$121,616 M2.85%$-22,355.00 M-18.4%163.50%
TTM $120,243 M-1.13%$-17,620.00 M-14.7%-21.18%

Quarterly financial results

General Electric posted $27,286.00 M in revenues for 2019-Q1, a -18.01% decline compared to previous quarter. Reported quarter earnings marked $3,588.00 M with a profit margin of 13.15%. Profit margin rocketed a 10.86% compared to previous quarter when profit margin was 2.29%. When comparing sales to same quarter last year, General Electric sales marked an awful drop down and decreased a -4.79%.
GE quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$29,190 M-$1,510.00 M5.2%-
2017-Q3$31,327 M7.32%$1,836.00 M5.9%21.59%
2017-Q4$33,828 M7.98%$-8,120.00 M-24.0%-542.27%
2018-Q1$28,660 M-15.28%$-1,147.00 M-4.0%-85.87%
2018-Q2$30,104 M5.04%$800.00 M2.7%-169.75%
2018-Q3$29,574 M-1.76%$-22,769.00 M-77.0%-2,946.13%
2018-Q4$33,279 M12.53%$761.00 M2.3%-103.34%
2019-Q1$27,286 M-18.01%$3,588.00 M13.1%371.48%

General Electric ownership

When you are planning to invest in shares of a company, it's worth to review its ownership structure.

General Electric shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.15% of all shares.

In case of General Electric stock, 62.23% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for GE stock account 0.00%, no big difference from last month.

For a better understanding, the next table shows ownership data compared to other related companies:

GE
Market cap$103.1 B
Total shares8,730.0 M
Float shares8,720.0 M
  - Institutional holdings (%)62.2%
  - Insider holdings (%)0.1%
Shares in short selling0.0%

GE summary

Friday, January 17th, 2020
Open$11.85
Close$11.81
Day range$11.76 - $11.93
Previous close$11.84
Session gain-0.25%
Average true range$0.31
50d mov avg$11.39
100d mov avg$10.20
200d mov avg$9.99
Daily pattern
Weekly pattern lt06a

General Electric performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For General Electric, the benchmark is made against .
Stock3m6m12m
GEGeneral Electric31.96%17.86%36.06%

General Electric competitors

Unfortunately, we could not find any public company that could be defined as General Electric competitor. This doesn't mean General Electric does not have any competitor in the market, it's just we could not detected it.

    Latest GE stock news