GE stock: buy or sell?
Updated on:
May 20th, 2019
3
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?
Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.Check the only buy setup that matches with General Electric stock now:
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | Yes |
| 100d MA crossing up 200d MA | No |
Is General Electric stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.
At Stocks2.com, we detected 15 ratings published for GE stock in the last 30 days.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-5-2 | Deutsche Bank | n/a | Hold |
| 2019-4-8 | JPMorgan Chase & Co. | Neutral | Underweight |
| 2019-3-8 | Credit Suisse Group | n/a | Neutral |
| 2019-3-8 | Credit Suisse Group | n/a | Neutral |
| 2019-3-6 | Royal Bank of Canada | n/a | Buy |
| 2019-3-6 | JPMorgan Chase & Co. | n/a | Neutral |
| 2019-3-6 | Gordon Haskett | n/a | Underperform |
| 2019-3-4 | Barclays | n/a | Overweight |
| 2019-3-18 | Royal Bank of Canada | n/a | Buy |
| 2019-3-12 | Royal Bank of Canada | n/a | Buy |
| 2019-2-27 | JPMorgan Chase & Co. | n/a | Neutral |
| 2019-2-26 | Cowen | n/a | Hold |
| 2019-2-1 | Royal Bank of Canada | Outperform | Positive |
| 2019-2-1 | JPMorgan Chase & Co. | n/a | Neutral |
| 2019-1-31 | Bank of America | n/a | Hold |
GE stock analysis
Daily outlook
Shares of General Electric closed today at $9.88 and decreased a bad -1.20%.
Shares of General Electric decreased a bad -1.20% and closed at $9.88. For the last 6 days when GE stock price broke up the SMA200d line, it gained $0.01 (0.10%). On March, 50d simple moving average crossed up 100d SMA.
Weekly outlook
General Electric ended this week at $9.88 and decreased a disappointing -1.20%. Early April GE collapsed a frightening -11.22% in just one week. Late April GE boosted a dazzling 8.86% in just one week. For 3 weeks in a row, price slid and lost a -6.48%.
Since this week when SMA20w and SMA40w crossed up, GE price slipped $-0.12 per share (-1.20%). Since late April when GE stock price broke up the SMA40w line, it gained $0.31 (3.24%).
GE stock price history
GE stock went public on August 14th, 1980 with a price of $0.001. Since then, GE stock surged a inf%, with a yearly average of inf%. If you had invested $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 at $14.67, and all-time highs 2000-08-28 with a price of 31.39.
GE stock price target is $10.10
Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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. For the last 30 days we found 15 price targets for General Electric stock:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-5-2 | Deutsche Bank | Set Price Target | n/a | $10.00 | - |
| 2019-4-8 | JPMorgan Chase & Co. | Downgrades | $6.00 | $5.00 | -16.7% |
| 2019-3-8 | Credit Suisse Group | Set Price Target | n/a | $11.00 | - |
| 2019-3-8 | Credit Suisse Group | Reiterates | n/a | $11.00 | - |
| 2019-3-6 | Royal Bank of Canada | Set Price Target | n/a | $12.00 | - |
| 2019-3-6 | JPMorgan Chase & Co. | Set Price Target | n/a | $6.00 | - |
| 2019-3-6 | Gordon Haskett | Downgrades | n/a | $7.00 | - |
| 2019-3-4 | Barclays | Raises Target | $12.00 | $13.00 | 8.3% |
| 2019-3-18 | Royal Bank of Canada | Set Price Target | n/a | $12.00 | - |
| 2019-3-12 | Royal Bank of Canada | Set Price Target | n/a | $12.00 | - |
| 2019-2-27 | JPMorgan Chase & Co. | Reiterates | $6.00 | $10.66 | 77.7% |
| 2019-2-26 | Cowen | Reiterates | n/a | $8.00 | - |
| 2019-2-1 | Royal Bank of Canada | Raises Target | n/a | $12.00 | - |
| 2019-2-1 | JPMorgan Chase & Co. | Reiterates | $1.06 | $10.16 | 858.5% |
| 2019-1-31 | Bank of America | Reiterates | n/a | $11.00 | - |
| (in average) | $6.30 | $10.10 | 60.0% |
Financials and fundamental analysis
Earnings date and Earnings per Share
After posting its last earnings report on Apr/18, General Electric escalated a pretty good 8.33%. Unfortunately, reported EPS is not yet available in our database.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 0.23 | n/a |
| 2017-Q3 | 2017-10-20 | 0.49 | 0.29 | -40.8% |
| 2017-Q4 | 2018-01-24 | 0.29 | 0.27 | -6.9% |
| 2018-Q1 | 2018-04-20 | 0.11 | 0.16 | 45.5% |
| 2018-Q2 | 2018-07-20 | 0.18 | 0.19 | 5.6% |
| 2018-Q3 | 2018-10-30 | 0.21 | 0.14 | -33.3% |
| 2018-Q4 | 2019-01-31 | 0.18 | 0.17 | -5.6% |
| 2019-Q1 | 2019-04-18 | 0.13 | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
In 2018, General Electric annual turnover appreciated a slightly good 2.85% to $121,616.00 M dollars from $118,243.00 marked in 2017. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) plunged a -11.21% to -18.38%. General Electric fiscal year ends in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, General Electric TTM sales up to March 2019 were $120,243.00 and earnings $-17,620.00 M USD. If we compare this TTM figures with the last reported annuality, we can esteem General Electric business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, decreased an unpleasant -1.13%. Regarding profit margin, General Electric raised 3.73% to -18.38%| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $142,710 M | - | $15,160 M10.6% | - |
| 2014 | $147,811 M | 3.57% | $15,233 M10.3% | 0.48% |
| 2015 | $115,158 M | -22.09% | $-6,126.00 M-5.3% | -140.22% |
| 2016 | $119,687 M | 3.93% | $8,831 M7.4% | -244.16% |
| 2017 | $118,243 M | -1.21% | $-8,484.00 M-7.2% | -196.07% |
| 2018 | $121,616 M | 2.85% | $-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 million in revenues for 2019-Q1, a -18.01% less compared to previous quarter. Reported quarter earnings marked $3,588.00 M with a profit margin of 13.15%. Profit margin skyrocketed a 10.86% compared to previous quarter when profit margin was 2.29%. When comparing turnover to same quarter last year, General Electric sales marked a tragic decrease and slightly fell a -4.79%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $29,190 M | - | $1,510.00 M5.2% | - |
| 2017-Q3 | $31,327 M | 7.32% | $1,836.00 M5.9% | 21.59% |
| 2017-Q4 | $33,828 M | 7.98% | $-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 M | 5.04% | $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 M | 12.53% | $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 stock, it's always worth to have a look its ownership structure.General Electric shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.16% of all shares.
In case of General Electric stock, 58.64% 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 context understanding, the following table shows ownership data compared to other related companies:
| GE | CAT | DHR | HON | MDT | |
|---|---|---|---|---|---|
| Market cap | $86.2 B | $70.0 B | $93.3 B | $122.7 B | $117.3 B |
| Total shares | 8,720.0 M | 571.9 M | 715.9 M | 727.7 M | 1,340.0 M |
| Float shares | 8,710.0 M | 570.9 M | 635.6 M | 696.3 M | 1,340.0 M |
| - Institutional holdings (%) | 58.6% | 68.6% | 79.9% | 77.1% | 84.2% |
| - Insider holdings (%) | 0.2% | 0.2% | 11.4% | 0.4% | 0.1% |
| Shares in short selling | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
GE summary
| Monday, May 20th, 2019 | |
|---|---|
| Open | $9.91 |
| Close | $9.88 |
| Day range | $9.78 - $10.06 |
| Previous close | $10.00 |
| Session gain | -1.20% |
| Average true range | $0.29 |
| 50d mov avg | $9.85 |
| 100d mov avg | $9.46 |
| 200d mov avg | $9.88 |
| Daily pattern | lt01a |
| Weekly pattern | lt11a |
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 comparison is made against Caterpillar, Danaher, Honeywell International, Medtronic, 3M, Koninklijke Philips, Thermo Fisher Scientific and United Technologies.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| GEGeneral Electric | 1.13% | 36.09% | -28.25% |
| CATCaterpillar | -11.21% | 1.31% | -19.49% |
| DHRDanaher | 14.97% | 27.60% | 28.34% |
| HONHoneywell Interna... | 10.06% | 18.32% | 18.65% |
| MDTMedtronic | -6.12% | -3.78% | 3.71% |
| MMM3M | -20.58% | -14.93% | -14.74% |
| PHGKoninklijke Phili... | 4.29% | 9.38% | -3.90% |
| TMOThermo Fisher Sci... | 4.37% | 12.03% | 23.41% |
| UTXUnited Technologi... | 5.04% | 4.62% | 7.46% |
General Electric competitors
One check before investing in any stock is to have a look a list of its competitors, in this case for General Electric. We picked 8 companies as General Electric competitors as they are in the same industry or have similar market objectives.- Caterpillar (CAT)
- Danaher (DHR)
- Honeywell International (HON)
- Medtronic (MDT)
- 3M (MMM)
- Koninklijke Philips (PHG)
- Thermo Fisher Scientific (TMO)
- United Technologies (UTX)
Latest GE stock news
- InvestorPlaceTrade of the Day: General Electric Stock Is Ready to Spark HigherMay 16, 2019
- InvestorPlaceWednesday’s Vital Data: Macy’s, Microsoft and General ElectricMay 15, 2019
- InvestorPlaceComparing General Electric Stock to Ford StockMay 14, 2019
- InvestorPlace5 Reasons General Electric Stock Is a Value TrapMay 10, 2019
- InvestorPlace3 Big Stock Charts for Tuesday: NRG Energy, Citrix Systems and General ElectricMay 7, 2019