A Redburn Atlantic analyst recently initiated coverage of GE Aerospace (GE 0.20%) with a buy recommendation and slapped a $250 price target on the stock.
The jet engine maker stands out for sustained earnings growthand good cash conversion, writes Olivier Brochet of Redburn Atlantic.
GE's measures to consistently reward shareholders through dividends and share buybacks hold promise.
GE Aerospace stock is expensive. Deutsche Bank explains why that's just fine.
India expects stable delivery of a domestically-made light combat aircraft powered by a GE engine in the upcoming fiscal year after a delay of nearly 12 months, a top government official said on Sunday.
The industrial powerhouse has passive income investors interested in owning its shares.
For years, the aerospace business housed inside the General Electric conglomerate was considered a crown jewel. Now on its own, GE Aerospace (GE -0.70%) is proving its mettle.
GE Aerospace's strong 4Q24 earnings and robust demand in the aviation industry suggest a promising 2025, with anticipated double-digit profit growth. Pro-business policies under the Trump Administration and solid U.S. economic growth could further bolster GE Aerospace's financial performance. The company forecasts $6.3-6.8 billion in free cash flow and $6.37 per share in profits for 2025, reflecting an 18% YoY increase.
There are plenty of metrics that GE Aerospace (GE -0.97%) investors should keep an eye on in 2025, but the key one is the operating margin for its commercial engines and services (CES) segment.
The recent fourth-quarter 2024 earnings report from GE Aerospace (GE -0.97%) blew away expectations. Still, if you are thinking of buying or continuing to hold the stock, you are probably thinking about what the company will look like in a year, at least as much as now.
A lot has changed at General Electric, or what remains of the company, which is now known as GE Aerospace (GE 3.25%). In fact, 2024 was its first year after a dramatic company overhaul.
GE Aerospace (NYSE: GE) recently reported its Q4 results, with revenues and earnings well ahead of the street estimates. The company reported revenue of $9.9 billion and adjusted earnings of $1.32 per share, compared to the consensus estimates of $9.5 billion and $1.04, respectively.