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MarketScreener Homepage  >  Equities  >  Nyse  >  General Electric Company    GE

GENERAL ELECTRIC COMPANY

(GE)
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General Electric Company : A trend reversal is in sight

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03/14/2019 | 10:03am EDT
long trade
Stop-loss triggered
Entry price : 10.365$ | Target : 13.4$ | Stop-loss : 8.9$ | Potential : 29.28%
The technical chart pattern of General Electric Company stock suggests the beginning of a trend reversal over the medium term.
Investors have an opportunity to buy the stock and target the $ 13.4.
Chart GENERAL ELECTRIC COMPANY
Duration : Period :
General Electric Company Technical Analysis Chart | MarketScreener
Full-screen chart
Summary
  • In view of fundamental criteria, the company is among low performers as far as mid or long-term investment strategy is concerned.
  • For a short-term investment strategy, the company has poor fundamentals.

Strengths
  • The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses
  • Stock prices approach a strong long-term resistance in weekly data at USD 10.38.
  • As estimated by analysts, this group is among those businesses with the lowest growth prospects.
  • The company has insufficient levels of profitability.
  • Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
  • The company's earnings releases usually do not meet expectations.
  • With an expected P/E ratio at 29.23 and 19.24 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
  • For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
  • For the past seven days, analysts have been lowering their EPS expectations for the company.
  • For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
  • For the past year, analysts have significantly revised downwards their profit estimates.
  • Below the resistance at 10.38 USD, the stock shows a negative configuration when looking looking at the weekly chart.
General Electric Company : A trend reversal is in sight

David Meurisse
© Zonebourse.com 2019
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Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials ($)
Sales 2019 117 B
EBIT 2019 10 361 M
Net income 2019 4 679 M
Debt 2019 41 339 M
Yield 2019 0,42%
P/E ratio 2019 25,25
P/E ratio 2020 20,62
EV / Sales 2019 1,06x
EV / Sales 2020 1,07x
Capitalization 82 412 M
Upcoming event on GENERAL ELECTRIC COMPANY
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 12,8 $
Spread / Average Target 35%
EPS Revisions
Managers
NameTitle
H. Lawrence Culp Chairman & Chief Executive Officer
Jamie S. Miller Chief Financial Officer & Senior Vice President
Victor Abate Chief Technology Officer & Senior Vice President
James J. Mulva Independent Non-Executive Director
William Geoffrey Beattie Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
GENERAL ELECTRIC COMPANY26.29%82 412
HONEYWELL INTERNATIONAL26.16%121 300
SIEMENS8.05%100 187
3M COMPANY-12.83%95 739
ILLINOIS TOOL WORKS15.47%47 472
JARDINE MATHESON HOLDINGS LIMITED-10.95%45 489