GE Aerospace is a global leader in the design, manufacturing, and servicing of large aircraft engines.The company operates in a joint venture with Safran through their CFM partnership. GE Aerospace's stock price on the NYSE is $166.81, with a market cap of $179.04 billion and 1.07 billion shares outstanding. Despite a decrease in stock price by $20.82, the company has seen a 6.72% increase in price over the past year.
Recently, GE Aerospace's Board of Directors announced a regular quarterly dividend of $0.28 per share on the company's common stock. This indicates the company's commitment to providing returns to its shareholders.
In terms of financial performance, GE Aerospace displayed impressive results in 2024. The company achieved $1.7 billion in profit growth and $1.3 billion in free cash flow growth. These figures highlight the company's ability to generate substantial profits and cash flow.
While the stock price has experienced a decrease in recent times, it is noteworthy that GE Aerospace is still considered a strong buy by 16 analysts. Their 12-month stock price forecast is $209.0, representing a potential increase of 25.29%. This positive rating and forecast suggest that the company is expected to rebound and provide attractive returns to investors.
GE Aerospace's valuation metrics also demonstrate its strength. The current P/E ratio is 31.40, indicating that investors are willing to pay a premium for the company's earnings. Similarly, the gross margin stands at 26.08%, highlighting the company's ability to generate profits from its revenue. Lastly, the operating margin is at 6.11%, signifying the company's efficiency in managing its operational costs.
In conclusion, GE Aerospace is a prominent player in the aerospace industry, specializing in the design, manufacturing, and servicing of large aircraft engines. Despite a recent decrease in stock price, the company has displayed strong financial performance, with significant profit and cash flow growth. Analysts continue to have a positive outlook on the company, forecasting a potential increase in stock price. Overall, GE Aerospace's current affairs indicate its potential for long-term success.
