GE stock: buy or sell?

GE stock price: $9.88 -1.20% At close on May 20th, 2019

Updated on:
May 20th, 2019

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General Electric ended today at $9.88 and decreased a bad -1.20%. With Monday it's been 4 red days in a row.

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 setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

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.

Is GE a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
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
2019-2-1Royal Bank of CanadaOutperformPositive
2019-2-1JPMorgan Chase & Co.n/aNeutral
2019-1-31Bank of American/aHold

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.

GE stock chart (daily)

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 chart (weekly)

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:
GE stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
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-
2019-2-1Royal Bank of CanadaRaises Targetn/a$12.00-
2019-2-1JPMorgan Chase & Co.Reiterates$1.06$10.16858.5%
2019-1-31Bank of AmericaReiteratesn/a$11.00-
(in average)$6.30$10.1060.0%
Moving in a range from $13.00 and $5.00, the price forecast for GE stock is $10.10. In average, analysts' outlook on GE price target is positive, improving the prediction by a 60.00% from previous estimations.

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.
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

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%

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 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%.
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 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:

GECATDHRHONMDT
Market cap$86.2 B$70.0 B$93.3 B$122.7 B$117.3 B
Total shares8,720.0 M571.9 M715.9 M727.7 M1,340.0 M
Float shares8,710.0 M570.9 M635.6 M696.3 M1,340.0 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 selling0.0%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 patternlt01a
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.
Stock3m6m12m
GEGeneral Electric1.13%36.09%-28.25%
CATCaterpillar-11.21%1.31%-19.49%
DHRDanaher14.97%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.

Latest GE stock news