$0.18 EPS Expected for General Electric Company (GE)

General Electric Company (NYSE:GE) Logo
Investors sentiment decreased to 0.56 in Q3 2018. Its down 0.03, from 0.59 in 2018Q2. It worsened, as 83 investors sold General Electric Company shares while 743 reduced holdings. 114 funds opened positions while 346 raised stakes. 4.54 billion shares or 0.56% more from 4.51 billion shares in 2018Q2 were reported.
Security National invested in 0.23% or 64,830 shares. Ims Cap Mgmt holds 0% or 70,165 shares. Pring Turner Capital Inc invested in 16,250 shares. Moreover, Zwj Inv Counsel has 0.09% invested in General Electric Company (NYSE:GE) for 93,581 shares. Taurus Asset Mgmt Limited Liability Corp stated it has 213,758 shares or 0.33% of all its holdings. Evergreen owns 71,792 shares. Associated Banc reported 303,635 shares stake. Haverford has 0.02% invested in General Electric Company (NYSE:GE) for 89,324 shares. Moreover, Wilkins Inv Counsel has 0.3% invested in General Electric Company (NYSE:GE) for 88,428 shares. Bradley Foster And Sargent Incorporated Ct owns 238,929 shares. Check Cap Mngmt Ca reported 1.4% stake. Karpas Strategies Llc has 0.71% invested in General Electric Company (NYSE:GE). Bsw Wealth Prns reported 26,990 shares or 0.12% of all its holdings. Raymond James Fin Services Advsrs owns 0.1% invested in General Electric Company (NYSE:GE) for 1.97M shares. Brown Advisory Secs Ltd Limited Liability Company has invested 0.19% in General Electric Company (NYSE:GE).

Since July 24, 2018, it had 4 buys, and 0 insider sales for $5.27 million activity. On Thursday, November 1 the insider CULP H LAWRENCE JR bought $2.19M. $499,200 worth of General Electric Company (NYSE:GE) was bought by DSOUZA FRANCISCO.

Analysts expect General Electric Company (NYSE:GE) to report $0.18 EPS on January, 31 before the open.They anticipate $0.09 EPS change or 33.33 % from last quarter’s $0.27 EPS. GE’s profit would be $1.57 billion giving it 12.43 P/E if the $0.18 EPS is correct. After having $0.14 EPS previously, General Electric Company’s analysts see 28.57 % EPS growth. The stock increased 0.11% or $0.01 during the last trading session, reaching $8.95. About 32.50 million shares traded. General Electric Company (NYSE:GE) has declined 60.87% since January 14, 2018 and is downtrending. It has underperformed by 60.87% the S&P500.

General Electric Company (NYSE:GE) Ratings Coverage

Among 9 analysts covering General Electric (NYSE:GE), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. General Electric had 14 analyst reports since July 23, 2018 according to SRatingsIntel. On Monday, December 17 the stock rating was maintained by Barclays Capital with “Overweight”. Citigroup maintained General Electric Company (NYSE:GE) rating on Tuesday, October 30. Citigroup has “Buy” rating and $18 target. The rating was maintained by UBS on Wednesday, September 5 with “Neutral”. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Deutsche Bank on Wednesday, October 31. The stock of General Electric Company (NYSE:GE) has “Outperform” rating given on Tuesday, October 2 by Wolfe Research. The rating was upgraded by UBS to “Buy” on Wednesday, October 31. Barclays Capital maintained it with “Overweight” rating and $13 target in Wednesday, October 31 report. The firm has “Overweight” rating by Barclays Capital given on Monday, October 8. The rating was downgraded by Argus Research on Monday, July 23 to “Hold”. Deutsche Bank maintained the shares of GE in report on Friday, September 28 with “Hold” rating.

General Electric Company operates as an infrastructure and technology firm worldwide. The company has market cap of $77.85 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.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “GE CEO Larry Culp: The Right Guy For The Right Job At The Right Time – Seeking Alpha” on December 17, 2018, also Seekingalpha.com with their article: “Oakmark Fund: Q4 2018 – Seeking Alpha” published on January 13, 2019, Fool.com published: “The Death of the Industrial Conglomerate – The Motley Fool” on January 05, 2019. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “General Electric Remains Uninvestable – Seeking Alpha” published on December 16, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric Will Be A Penny Stock In 2019 – Seeking Alpha” with publication date: January 09, 2019.

General Electric Company (NYSE:GE) Institutional Positions Chart

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