Is GE HealthCare Stock a Good Investment?

GE HealthCare Investment Advice

  GEHC
To provide specific investment advice or recommendations on GE HealthCare Technologies stock, we recommend investors consider the following general factors when evaluating GE HealthCare Technologies. This will help you to make an informed decision on whether to include GE HealthCare in one of your diversified portfolios:
  • Examine GE HealthCare's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research GE HealthCare's leadership team and their track record. Good management can help GE HealthCare navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact GE HealthCare's business and its evolving consumer preferences.
  • Compare GE HealthCare's performance and market position to its competitors. Analyze how GE HealthCare is positioned in terms of product offerings, innovation, and market share.
  • Check if GE HealthCare pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about GE HealthCare's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in GE HealthCare Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if GE HealthCare Technologies is a good investment.
 
Sell
 
Buy
Strong Sell
Macroaxis provides trade advice on GE HealthCare Technologies to complement and cross-verify current analyst consensus on GE HealthCare. Our advice engine determines the entity's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure GE HealthCare Techno is not overpriced, please check out all GE HealthCare Technologies fundamentals, including its operating margin, price to book, total debt, as well as the relationship between the shares owned by insiders and gross profit . Given that GE HealthCare Techno has a shares owned by institutions of 72.12 %, we strongly advise you to confirm GE HealthCare market performance and probability of bankruptcy to ensure the company can sustain itself this quarter and beyond given your latest risk tolerance and investing horizon.

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Almost neglects market trendsDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails

Examine GE HealthCare Stock

Researching GE HealthCare's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 72.0% of the company shares are owned by institutional investors. The company last dividend was issued on the 18th of April 2024.
To determine if GE HealthCare is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding GE HealthCare's research are outlined below:
About 72.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: GE HealthCare Technologies Has Some Way To Go To Become A Multi-Bagger

GE HealthCare Quarterly Cost Of Revenue

2.75 Billion

GE HealthCare uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in GE HealthCare Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to GE HealthCare's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
6th of February 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View
Earnings surprises can significantly impact GE HealthCare's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises GE HealthCare's investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-10-31
2023-09-300.90.990.0910 
2024-02-06
2023-12-311.071.180.1110 
2023-01-30
2022-12-311.061.310.2523 

GE HealthCare Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. GEHC target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. GE HealthCare's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   15  Strong Buy
Most GEHC analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand GEHC stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of GE HealthCare Techno, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

GE HealthCare Target Price Projection

GE HealthCare's current and average target prices are 81.20 and 88.00, respectively. The current price of GE HealthCare is the price at which GE HealthCare Technologies is currently trading. On the other hand, GE HealthCare's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

GE HealthCare Market Quote on 8th of May 2024

Low Price81.2Odds
High Price81.2Odds

81.2

Target Price

Analyst Consensus On GE HealthCare Target Price

Low Estimate80.08Odds
High Estimate97.68Odds

88.0

Historical Lowest Forecast  80.08 Target Price  88.0 Highest Forecast  97.68
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on GE HealthCare Technologies and the information provided on this page.

GE HealthCare Analyst Ratings

GE HealthCare's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about GE HealthCare stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of GE HealthCare's financials, market performance, and future outlook by experienced professionals. GE HealthCare's historical ratings below, therefore, can serve as a valuable tool for investors.

GE HealthCare's market capitalization trends

The company currently falls under 'Large-Cap' category with a current market capitalization of 37.12 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GE HealthCare's market, we take the total number of its shares issued and multiply it by GE HealthCare's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

21.2 Billion

GE HealthCare's profitablity analysis

GE HealthCare's profitability indicators refer to fundamental financial ratios that showcase GE HealthCare's ability to generate income relative to its revenue or operating costs. If, let's say, GE HealthCare is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, GE HealthCare's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of GE HealthCare's profitability requires more research than a typical breakdown of GE HealthCare's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.09  0.17 
Return On Capital Employed 0.10  0.14 
Return On Assets 0.05  0.08 
Return On Equity 0.22  0.14 
The company has Profit Margin (PM) of 0.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.14 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.14.
Determining GE HealthCare's profitability involves analyzing its financial statements and using various financial metrics to determine if GE HealthCare is a good buy. For example, gross profit margin measures GE HealthCare's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of GE HealthCare's profitability and make more informed investment decisions.
The data published in GE HealthCare's official financial statements usually reflect GE HealthCare's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of GE HealthCare Techno. For example, before you start analyzing numbers published by GEHC accountants, it's critical to develop an understanding of what GE HealthCare's liquidity, profitability, and earnings quality are in the context of the Health Care Equipment & Supplies space in which it operates.
Please note, the presentation of GE HealthCare's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, GE HealthCare's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in GE HealthCare's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of GE HealthCare Technologies. Please utilize our Beneish M Score to check the likelihood of GE HealthCare's management manipulating its earnings.

Evaluate GE HealthCare's management efficiency

GE HealthCare Techno has return on total asset (ROA) of 0.0563 % which means that it generated a profit of $0.0563 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2239 %, meaning that it created $0.2239 on every $100 dollars invested by stockholders. GE HealthCare's management efficiency ratios could be used to measure how well GE HealthCare manages its routine affairs as well as how well it operates its assets and liabilities. At present, GE HealthCare's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.08, whereas Return On Equity is forecasted to decline to 0.14. At present, GE HealthCare's Intangibles To Total Assets are projected to slightly decrease based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.32, whereas Total Assets are forecasted to decline to about 30.4 B.
Last ReportedProjected for Next Year
Book Value Per Share 15.68  28.96 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(15.12)(14.36)
Enterprise Value Over EBITDA 12.11  7.62 
Price Book Value Ratio 4.93  5.18 
Enterprise Value Multiple 12.11  7.62 
Price Fair Value 4.93  5.18 
Enterprise Value30 B26.6 B
The analysis of GE HealthCare's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze GE HealthCare's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of GEHC Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0015
Forward Dividend Yield
0.0015
Forward Dividend Rate
0.12

Basic technical analysis of GEHC Stock

As of the 8th of May, GE HealthCare owns the Standard Deviation of 2.71, semi deviation of 2.78, and Market Risk Adjusted Performance of (0.38). GE HealthCare Technologies technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for GE HealthCare, which can be compared to its peers in the sector. Please check out GE HealthCare Techno jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if GE HealthCare Technologies is priced more or less accurately, providing market reflects its prevailing price of 81.2 per share. Given that GE HealthCare Techno has jensen alpha of 0.2037, we strongly advise you to confirm GE HealthCare's latest market performance to make sure the company can sustain itself sooner or later.

GE HealthCare's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific GE HealthCare insiders, such as employees or executives, is commonly permitted as long as it does not rely on GE HealthCare's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases GE HealthCare insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Understand GE HealthCare's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing GE HealthCare's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider GE HealthCare's intraday indicators

GE HealthCare intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of GE HealthCare stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

GE HealthCare Corporate Filings

F4
2nd of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
30th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
4th of April 2024
Other Reports
ViewVerify
13A
2nd of April 2024
An amended filing to the original Schedule 13G
ViewVerify
GE HealthCare time-series forecasting models is one of many GE HealthCare's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary GE HealthCare's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

GEHC Stock media impact

Far too much social signal, news, headlines, and media speculation about GE HealthCare that are available to investors today. That information is available publicly through GEHC media outlets and privately through word of mouth or via GEHC internal channels. However, regardless of the origin, that massive amount of GEHC data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of GE HealthCare news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of GE HealthCare relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to GE HealthCare's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive GE HealthCare alpha.

GE HealthCare Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards GE HealthCare can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

GE HealthCare Techno Historical Investor Sentiment

Investor biases related to GE HealthCare's public news can be used to forecast risks associated with an investment in GEHC. The trend in average sentiment can be used to explain how an investor holding GEHC can time the market purely based on public headlines and social activities around GE HealthCare Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
GE HealthCare's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for GE HealthCare and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average GE HealthCare news discussions. The higher the estimate score, the more favorable the investor's outlook on GE HealthCare.

Be your own money manager

Our tools can tell you how much better you can do entering a position in GE HealthCare without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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GE HealthCare Corporate Executives

Elected by the shareholders, the GE HealthCare's board of directors comprises two types of representatives: GE HealthCare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GEHC. The board's role is to monitor GE HealthCare's management team and ensure that shareholders' interests are well served. GE HealthCare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, GE HealthCare's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy GEHC Stock?

To provide specific investment advice or recommendations on GE HealthCare Technologies stock, we recommend investors consider the following general factors when evaluating GE HealthCare Technologies. This will help you to make an informed decision on whether to include GE HealthCare in one of your diversified portfolios:
  • Examine GE HealthCare's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research GE HealthCare's leadership team and their track record. Good management can help GE HealthCare navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact GE HealthCare's business and its evolving consumer preferences.
  • Compare GE HealthCare's performance and market position to its competitors. Analyze how GE HealthCare is positioned in terms of product offerings, innovation, and market share.
  • Check if GE HealthCare pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about GE HealthCare's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in GE HealthCare Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if GE HealthCare Technologies is a good investment.

Already Invested in GE HealthCare Technologies?

The danger of trading GE HealthCare Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of GE HealthCare is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than GE HealthCare. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GE HealthCare Techno is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether GE HealthCare Techno offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GE HealthCare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ge Healthcare Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ge Healthcare Technologies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE HealthCare Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the GE HealthCare Techno information on this page should be used as a complementary analysis to other GE HealthCare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running GE HealthCare's price analysis, check to measure GE HealthCare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GE HealthCare is operating at the current time. Most of GE HealthCare's value examination focuses on studying past and present price action to predict the probability of GE HealthCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GE HealthCare's price. Additionally, you may evaluate how the addition of GE HealthCare to your portfolios can decrease your overall portfolio volatility.
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Is GE HealthCare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GE HealthCare. If investors know GEHC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GE HealthCare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.976
Dividend Share
0.12
Earnings Share
3.44
Revenue Per Share
42.799
Quarterly Revenue Growth
(0.01)
The market value of GE HealthCare Techno is measured differently than its book value, which is the value of GEHC that is recorded on the company's balance sheet. Investors also form their own opinion of GE HealthCare's value that differs from its market value or its book value, called intrinsic value, which is GE HealthCare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GE HealthCare's market value can be influenced by many factors that don't directly affect GE HealthCare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between GE HealthCare's value and its price, as these two are different measures arrived at by various means. Investors typically determine if GE HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GE HealthCare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.