We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
GE Aerospace (GE) Stock Slides as Market Rises: Facts to Know Before You Trade
Read MoreHide Full Article
In the latest trading session, GE Aerospace (GE - Free Report) closed at $298.29, marking a -4.98% move from the previous day. This change lagged the S&P 500's 0.26% gain on the day. Meanwhile, the Dow experienced a rise of 0.24%, and the technology-dominated Nasdaq saw an increase of 0.36%.
Prior to today's trading, shares of the industrial conglomerate had gained 4.31% outpaced the Aerospace sector's gain of 1.1% and lagged the S&P 500's gain of 5.98%.
Market participants will be closely following the financial results of GE Aerospace in its upcoming release. The company plans to announce its earnings on April 21, 2026. In that report, analysts expect GE Aerospace to post earnings of $1.63 per share. This would mark year-over-year growth of 9.4%. Meanwhile, our latest consensus estimate is calling for revenue of $10.61 billion, up 17.86% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $7.43 per share and revenue of $48.16 billion, indicating changes of +16.64% and +13.8%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for GE Aerospace. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.12% lower. Right now, GE Aerospace possesses a Zacks Rank of #3 (Hold).
Looking at valuation, GE Aerospace is presently trading at a Forward P/E ratio of 42.22. This valuation marks a premium compared to its industry average Forward P/E of 23.96.
It's also important to note that GE currently trades at a PEG ratio of 2.93. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Aerospace - Defense industry had an average PEG ratio of 1.78 as trading concluded yesterday.
The Aerospace - Defense industry is part of the Aerospace sector. With its current Zacks Industry Rank of 66, this industry ranks in the top 28% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
GE Aerospace (GE) Stock Slides as Market Rises: Facts to Know Before You Trade
In the latest trading session, GE Aerospace (GE - Free Report) closed at $298.29, marking a -4.98% move from the previous day. This change lagged the S&P 500's 0.26% gain on the day. Meanwhile, the Dow experienced a rise of 0.24%, and the technology-dominated Nasdaq saw an increase of 0.36%.
Prior to today's trading, shares of the industrial conglomerate had gained 4.31% outpaced the Aerospace sector's gain of 1.1% and lagged the S&P 500's gain of 5.98%.
Market participants will be closely following the financial results of GE Aerospace in its upcoming release. The company plans to announce its earnings on April 21, 2026. In that report, analysts expect GE Aerospace to post earnings of $1.63 per share. This would mark year-over-year growth of 9.4%. Meanwhile, our latest consensus estimate is calling for revenue of $10.61 billion, up 17.86% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $7.43 per share and revenue of $48.16 billion, indicating changes of +16.64% and +13.8%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for GE Aerospace. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.12% lower. Right now, GE Aerospace possesses a Zacks Rank of #3 (Hold).
Looking at valuation, GE Aerospace is presently trading at a Forward P/E ratio of 42.22. This valuation marks a premium compared to its industry average Forward P/E of 23.96.
It's also important to note that GE currently trades at a PEG ratio of 2.93. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Aerospace - Defense industry had an average PEG ratio of 1.78 as trading concluded yesterday.
The Aerospace - Defense industry is part of the Aerospace sector. With its current Zacks Industry Rank of 66, this industry ranks in the top 28% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.