Ge Healthcare Technologies Stock Today
| GEHC Stock | 81.43 1.63 2.04% |
Performance0 of 100
| Odds Of DistressLess than 5
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GE HealthCare is trading at 81.43 as of the 7th of May 2024, a 2.04% increase since the beginning of the trading day. The stock's open price was 79.8. GE HealthCare has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Note, on January 11, 2023, Senator Jacklyn Rosen of US Senate acquired under $15k worth of GE HealthCare Techno's common stock.
Business Domain Health Care Equipment & Services | IPO Date 4th of January 2023 | Category Healthcare | Classification Health Care |
GE HealthCare is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 456.46 M outstanding shares of which 10.95 M shares are currently shorted by private and institutional investors with about 3.6 trading days to cover. More on GE HealthCare Technologies
Moving together with GEHC Stock
| 0.61 | EW | Edwards Lifesciences Corp | PairCorr |
| 0.77 | ENSG | Ensign Group | PairCorr |
Moving against GEHC Stock
| 0.52 | GKOS | Glaukos Corp | PairCorr |
| 0.46 | INSP | Inspire Medical Systems | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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GEHC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. GE HealthCare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GE HealthCare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Peter Arduini | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Medical Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, SP 500 Index, Nasdaq 100, NASDAQ 100 Pre, NASDAQ Composite, NASDAQ Health Care, Medical Equipment, Health Care, Health Care Equipment & Supplies, Health Information Services, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering GE HealthCare report their recommendations after researching GE HealthCare's financial statements, talking to executives and customers, or listening in on GE HealthCare's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering GE HealthCare Techno. The GEHC consensus assessment is calculated by taking the average forecast from all of the analysts covering GE HealthCare. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from GE HealthCare's historical financial statements, GE HealthCare Technologies may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of GE HealthCare Techno is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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GE HealthCare's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to GE HealthCare's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GE HealthCare's financial leverage. It provides some insight into what part of GE HealthCare's total assets is financed by creditors.
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GE HealthCare Technologies (GEHC) is traded on NASDAQ Exchange in USA. It is located in 500 West Monroe Street, Chicago, IL, United States, 60661 and employs 51,000 people. GE HealthCare is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 36.28 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. GE HealthCare Techno conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 456.46 M outstanding shares of which 10.95 M shares are currently shorted by private and institutional investors with about 3.6 trading days to cover.
GE HealthCare generates positive cash flow from operations, but has no cash available
Check GE HealthCare Probability Of Bankruptcy
Ownership AllocationGE HealthCare Techno secures a total of 456.46 Million outstanding shares. The majority of GE HealthCare Techno outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to purchase positions in GE HealthCare Technologies to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in GE HealthCare Techno. Please pay attention to any change in the institutional holdings of GE HealthCare as this could imply that something significant has changed or is about to change at the company. Please note that on January 11, 2023, Senator Jacklyn Rosen of US Senate acquired under $15k worth of GE HealthCare Techno's common stock.
Check GEHC Ownership Details
GEHC Stock Price Odds Analysis
What are GE HealthCare's target price odds to finish over the current price? Based on a normal probability distribution, the odds of GE HealthCare jumping above the current price in 90 days from now is about 83.95%. The GE HealthCare Technologies probability density function shows the probability of GE HealthCare stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days GE HealthCare Technologies has a beta of -0.0202. This usually indicates as returns on the benchmark increase, returns on holding GE HealthCare are expected to decrease at a much lower rate. During a bear market, however, GE HealthCare Technologies is likely to outperform the market. Additionally, gE HealthCare Technologies has an alpha of 0.1502, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of GE HealthCare to move above the current price in 90 days from now is about 83.95 (This GE HealthCare Technologies probability density function shows the probability of GEHC Stock to fall within a particular range of prices over 90 days) .
GE HealthCare Historical Income Statement
GE HealthCare Technologies Income Statement is one of the three primary financial statements used for reporting GEHC's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of GE HealthCare Techno revenue and expense. GE HealthCare Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, GE HealthCare's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 19.6 B, whereas Tax Provision is forecasted to decline to about 653 M. View More FundamentalsGEHC Stock Against Markets
Picking the right benchmark for GE HealthCare stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GE HealthCare stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GE HealthCare is critical whether you are bullish or bearish towards GE HealthCare Technologies at a given time. Please also check how GE HealthCare's historical prices are related to one of the top price index indicators.
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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.Did you try this?
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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.
| James Saccaro | VP CFO | Profile |
How to buy GEHC Stock?
Before investing in GE HealthCare, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in GE HealthCare. To buy GE HealthCare stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of GE HealthCare. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase GE HealthCare stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located GE HealthCare Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased GE HealthCare Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as GE HealthCare Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy GEHC Stock please use our How to Invest in GE HealthCare guide.
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for GEHC Stock analysis
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.
Please note, there is a significant difference between GE HealthCare's value and its price as these two are different measures arrived at by different 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.