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GE Aerospace (GE) Laps the Stock Market: Here's Why
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GE Aerospace (GE - Free Report) ended the recent trading session at $342.26, demonstrating a +2.08% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 1.65%. On the other hand, the Dow registered a gain of 0.92%, and the technology-centric Nasdaq increased by 3.07%.
Shares of the industrial conglomerate witnessed a gain of 19.1% over the previous month, beating the performance of the Aerospace sector with its gain of 2.97%, and the S&P 500's gain of 0.48%.
Investors will be eagerly watching for the performance of GE Aerospace in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 16, 2026. On that day, GE Aerospace is projected to report earnings of $1.87 per share, which would represent year-over-year growth of 12.65%. Meanwhile, our latest consensus estimate is calling for revenue of $11.84 billion, up 16.64% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $7.48 per share and revenue of $48.41 billion, which would represent changes of +17.43% and +14.38%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for GE Aerospace. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.2% higher within the past month. GE Aerospace currently has a Zacks Rank of #3 (Hold).
With respect to valuation, GE Aerospace is currently being traded at a Forward P/E ratio of 44.84. This denotes a premium relative to the industry average Forward P/E of 22.85.
Also, we should mention that GE has a PEG ratio of 2.97. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Aerospace - Defense stocks are, on average, holding a PEG ratio of 1.55 based on yesterday's closing prices.
The Aerospace - Defense industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 104, which puts it in the top 43% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow GE in the coming trading sessions, be sure to utilize Zacks.com.
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GE Aerospace (GE) Laps the Stock Market: Here's Why
GE Aerospace (GE - Free Report) ended the recent trading session at $342.26, demonstrating a +2.08% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 1.65%. On the other hand, the Dow registered a gain of 0.92%, and the technology-centric Nasdaq increased by 3.07%.
Shares of the industrial conglomerate witnessed a gain of 19.1% over the previous month, beating the performance of the Aerospace sector with its gain of 2.97%, and the S&P 500's gain of 0.48%.
Investors will be eagerly watching for the performance of GE Aerospace in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 16, 2026. On that day, GE Aerospace is projected to report earnings of $1.87 per share, which would represent year-over-year growth of 12.65%. Meanwhile, our latest consensus estimate is calling for revenue of $11.84 billion, up 16.64% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $7.48 per share and revenue of $48.41 billion, which would represent changes of +17.43% and +14.38%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for GE Aerospace. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.2% higher within the past month. GE Aerospace currently has a Zacks Rank of #3 (Hold).
With respect to valuation, GE Aerospace is currently being traded at a Forward P/E ratio of 44.84. This denotes a premium relative to the industry average Forward P/E of 22.85.
Also, we should mention that GE has a PEG ratio of 2.97. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Aerospace - Defense stocks are, on average, holding a PEG ratio of 1.55 based on yesterday's closing prices.
The Aerospace - Defense industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 104, which puts it in the top 43% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow GE in the coming trading sessions, be sure to utilize Zacks.com.