|Bid||16.32 x 13700|
|Ask||16.33 x 21100|
|Day's range||16.02 - 16.73|
|52-week range||16.02 - 30.90|
|PE ratio (TTM)||20.05|
|Earnings date||24 Jan 2018|
|Forward dividend & yield||0.48 (2.64%)|
|1y target est||21.71|
GE has opened the door to a complete breakup as its stock and dividend languish. But could a sale of its parts fetch less than General Electric’s value now?
On today's episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week's biggest stories, including Amazon's shortlist of cities for its second headquarters, the big changes coming to General Electric, and the latest volatility in cryptocurrencies.
Today, Deutsche Bank's John Inch warns that GE's cash squeeze, along with mounting liquidity pressures, may mean that it's forced to raise equity capita. GE has stated before that it will not inject parent cash into GE Capital, and Inch argues that given that GE still appears overvalued on a sum-of-the-parts basis, with declining earnings, it might want to raise that equity capital sooner rather than later, while its stock is "still elevated." Yes, that's because Inch, who has a Sell rating on GE, still thinks the stock has farther to fall, even after its 46% tumble in the past year. Inch has a $15 price target on the stock, and sees plenty of risks beyond the equity capital raise, including additional mandated insurance reserve contributions, increasing debt (and debt rating downgrades that make it more expensive to borrow), and another dividend cut.
Stocks rose modestly during the week as chip-gear makers and health insurers jumped. General Electric is mulling a breakup, while Apple is investing in the U.S.
This week, we talk about what the Consumer Electronics Show revealed about the progress toward autonomous vehicles, plus the latest on BP and GE.
About $6.2 billion charge in the fourth quarter from the legacy insurance business is likely to hurt General Electric Company's (GE) earnings.
Zacks Value Investor Highlights: General Electric, Masco, Fortune Brands Home & Security, Sherwin Williams and Deere
The pressure for action and results that affects U.S. corporations is to blame for the series of poor decisions taken by General Electric’s bosses in recent years.
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of General Electric Company from February 26, 2013 through January 12, 2018, inclusive .
GE supports CBMG in its aim to speed up manufacturing timelines for its CAR T-cell therapy clinical trials and future commercialization First GE Healthcare FlexFactory™ for cell therapy installation in ...
NEW YORK, Jan. 18, 2018-- Pomerantz LLP announces that a class action lawsuit has been filed against General Electric Company and certain of its officers. The class action, filed in United States District ...
Shares of General Electric Co. sank 2.7% toward their first sub-$17 close in over six years, and the worst four-session stretch in nearly eight years, in the wake of the company's disclosure ofmassive ...
General Electric (GE) plans to announce its 4Q17 earnings on the morning of January 24, 2018. Shortly after its earnings announcement, the company plans to conduct an earnings call to discuss the quarterly results with investors and the analyst community. In November 2017, GE’s new CEO, John Flannery, developed a plan to revitalize the company.
Value investor Bill Nygren shares his market views in an interview Thursday on CNBC's "Halftime Report."
The Zacks Analyst Blog Highlights: General Electric, Baker Hughes, Comcast, Honeywell and United Technologies
British aircraft-engine maker Rolls-Royce said it may sell its commercial-marine business, joining rival industrial giants such as General Electric in taking steps to reinvent themselves under activist ...
While GE’s core Aviation, Power and Healthcare divisions would be among the biggest players in their markets, separating them would require unraveling intertwined operations, pensions and debts.