$0.12 EPS Expected for General Electric Company (GE)
April 6, 2018 – By Vivian Park
Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It dived, as 153 investors sold General Electric Company shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported.
Stonebridge Mgmt reported 340,877 shares. First Manhattan reported 0.14% in General Electric Company (NYSE:GE). Sfmg Ltd Limited Liability Company invested in 0.07% or 22,977 shares. Baker Boyer Bank owns 28,959 shares. Consulate holds 1.41% of its portfolio in General Electric Company (NYSE:GE) for 158,453 shares. Caprock Grp invested in 107,796 shares. Truenorth Inc holds 109,658 shares or 0.86% of its portfolio. 129,873 are owned by Chemung Canal Tru Communication. Exxonmobil Invest Mngmt Inc Tx invested in 0.66% or 1.38 million shares. Tarbox Family Office invested in 8,216 shares or 0.06% of the stock. Baystate Wealth Mngmt Ltd Liability holds 0.02% or 9,731 shares. Provise Mngmt Group Limited Company reported 201,455 shares. Ngam L P accumulated 580,997 shares. Moore Cap L P accumulated 31,245 shares. 28,061 were reported by Mcf Advisors Ltd Co.
Since January 26, 2018, it had 1 buying transaction, and 0 sales for $43,446 activity.
Analysts expect General Electric Company (NYSE:GE) to report $0.12 EPS on April, 20.They anticipate $0.09 EPS change or 42.86 % from last quarter’s $0.21 EPS. GE’s profit would be $1.04B giving it 27.55 P/E if the $0.12 EPS is correct. After having $0.27 EPS previously, General Electric Company’s analysts see -55.56 % EPS growth. The stock decreased 1.53% or $0.205 during the last trading session, reaching $13.225. About 21.43M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since April 6, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.
General Electric Company (NYSE:GE) Ratings Coverage
Among 19 analysts covering General Electric (NYSE:GE), 3 have Buy rating, 6 Sell and 10 Hold. Therefore 16% are positive. General Electric had 35 analyst reports since October 9, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, January 4 by Tigress Financial. The stock has “Buy” rating by Citigroup on Monday, October 23. The rating was maintained by J.P. Morgan with “Sell” on Monday, October 9. Langenberg upgraded the shares of GE in report on Monday, November 13 to “Buy” rating. Deutsche Bank maintained General Electric Company (NYSE:GE) on Tuesday, November 21 with “Sell” rating. The stock has “Sell” rating by Deutsche Bank on Monday, October 30. The firm has “Underperform” rating by Oppenheimer given on Tuesday, October 24. The firm earned “Buy” rating on Monday, October 23 by Bank of America. The stock has “Hold” rating by Tigress Financial on Thursday, December 28. The rating was maintained by Bank of America with “Buy” on Tuesday, November 14.
General Electric Company operates as an infrastructure and technology firm worldwide. The company has market cap of $114.84 billion. The Company’s Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. It currently has negative earnings. The companyÂ’s Renewable Energy segment provides wind turbine platforms, and hardware and software; onshore and offshore wind turbines; and solutions, products, and services to hydropower industry.
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