General Electric Co's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 2/69 in the Aerospace & Defense industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 338.45.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The General Electric Company was a prominent British industrial conglomerate engaged in consumer and defense electronics, communications, and engineering.
Originally founded in 1886 as G. Binswanger and Company, the firm began as an electrical goods wholesaler based in London. It swiftly adopted a then-innovative business model that involved supplying electrical components directly over the counter. In 1889, the company was incorporated as the General Electric Company Ltd, and it became a public limited company eleven years later. Throughout the 1890s and early 1900s, General Electric heavily invested in electric lighting, a sector that yielded substantial long-term profits. The company experienced significant changes due to the outbreak of the First World War, taking on military contracts and thereby establishing itself as a key player in the electrical industry. A new purpose-built headquarters was inaugurated in Kingsway, London, in 1921, and two years later, GEC's industrial research laboratories were opened in Wembley. During the 1920s, the company was instrumental in the development and implementation of Britain's National Grid.
In the Second World War, GEC made notable contributions to the Allied war effort, including the development of the cavity magnetron for radar, advancements in communications technology, and the mass production of valves, lamps, and lighting equipment. In 1961, GEC merged with Radio & Allied Industries. Throughout the mid-to-late 1960s, the newly appointed managing director, Arnold Weinstock, aimed to streamline the British electrical industry and enhance efficiency. This was accomplished through a series of cutbacks and mergers that restored profitability to the company. In 1967, GEC acquired Associated Electrical Industries and merged with English Electric the following year. The company continued its expansion through acquisitions, obtaining W & T Avery, Cincinnati Electronics, and Picker Corporation between 1979 and 1981.
By the 1980s, GEC emerged as Britain's largest private employer, boasting over 250,000 employees, and it was among the first companies included in the newly established FTSE 100 Index in 1984. At its zenith in the 1990s, the company achieved profits exceeding £1 billion annually. In June 1998, GEC divested its stake in the joint venture GEC-Alsthom on the Paris stock exchange. By December 1999, GEC's defense division, Marconi Electronic Systems, was sold to British Aerospace, leading to the formation of BAE Systems. The remaining sectors of GEC, primarily focused on telecommunications equipment manufacturing, continued under the name Marconi Communications. Following the acquisition of several U.S. telecom manufacturers at market highs, losses incurred after the dot-com bubble burst in 2001 prompted a restructuring of Marconi plc into Marconi Corporation plc in 2003. In 2005, the company was unable to secure any portion of BT's 21st Century Network program; subsequently, Ericsson acquired the majority of the firm, and the remnants were rebranded as Telent.
The current financial score of General Electric Co is 8.72, ranking 3/69 in the Aerospace & Defense industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 12.18B, representing a year-over-year increase of 23.77%, while its net profit experienced a year-over-year increase of 16.47%.
The current valuation score of General Electric Co is 7.41, ranking 38/69 in the Aerospace & Defense industry. Its current P/E ratio is 39.71, which is 4213.24% below the recent high of 1712.69 and 76.15% above the recent low of 9.47.

The current earnings forecast score of General Electric Co is 8.00, ranking 22/69 in the Aerospace & Defense industry. The average price target for General Electric Co is 345.00, with a high of 374.00 and a low of 275.00.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of General Electric Co is 9.28, ranking 26/69 in the Aerospace & Defense industry. Currently, the stock price is trading between the resistance level at 312.54 and the support level at 283.36, making it suitable for range-bound swing trading.

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The current institutional shareholding score of General Electric Co is 7.00, ranking 20/69 in the Aerospace & Defense industry. The latest institutional shareholding proportion is 81.97%, representing a quarter-over-quarter increase of 1.41%. The largest institutional shareholder is The Vanguard, holding a total of 91.57M shares, representing 8.68% of shares outstanding, with 2.79% increase in holdings.

The current risk assessment score of General Electric Co is 9.57, ranking 4/69 in the Aerospace & Defense industry. The company's beta value is 1.42. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.