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GE Aerospace (GE) Exceeds Market Returns: Some Facts to Consider
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GE Aerospace (GE - Free Report) ended the recent trading session at $311.81, demonstrating a +1.56% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.33%. Elsewhere, the Dow gained 1.08%, while the tech-heavy Nasdaq added 0.08%.
Coming into today, shares of the industrial conglomerate had lost 1.88% in the past month. In that same time, the Aerospace sector lost 6.81%, while the S&P 500 gained 1.41%.
Market participants will be closely following the financial results of GE Aerospace in its upcoming release. The company plans to announce its earnings on October 20, 2026. It is anticipated that the company will report an EPS of $2.01, marking a 21.08% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $12.65 billion, indicating a 11.93% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $7.91 per share and a revenue of $50.56 billion, indicating changes of +24.18% and +19.46%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for GE Aerospace. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. GE Aerospace is currently a Zacks Rank #2 (Buy).
In terms of valuation, GE Aerospace is presently being traded at a Forward P/E ratio of 38.81. This expresses a premium compared to the average Forward P/E of 21.07 of its industry.
It's also important to note that GE currently trades at a PEG ratio of 2.24. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Aerospace - Defense was holding an average PEG ratio of 1.58 at yesterday's closing price.
The Aerospace - Defense industry is part of the Aerospace sector. At present, this industry carries a Zacks Industry Rank of 85, placing it within the top 35% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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GE Aerospace (GE) Exceeds Market Returns: Some Facts to Consider
GE Aerospace (GE - Free Report) ended the recent trading session at $311.81, demonstrating a +1.56% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.33%. Elsewhere, the Dow gained 1.08%, while the tech-heavy Nasdaq added 0.08%.
Coming into today, shares of the industrial conglomerate had lost 1.88% in the past month. In that same time, the Aerospace sector lost 6.81%, while the S&P 500 gained 1.41%.
Market participants will be closely following the financial results of GE Aerospace in its upcoming release. The company plans to announce its earnings on October 20, 2026. It is anticipated that the company will report an EPS of $2.01, marking a 21.08% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $12.65 billion, indicating a 11.93% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $7.91 per share and a revenue of $50.56 billion, indicating changes of +24.18% and +19.46%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for GE Aerospace. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. GE Aerospace is currently a Zacks Rank #2 (Buy).
In terms of valuation, GE Aerospace is presently being traded at a Forward P/E ratio of 38.81. This expresses a premium compared to the average Forward P/E of 21.07 of its industry.
It's also important to note that GE currently trades at a PEG ratio of 2.24. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Aerospace - Defense was holding an average PEG ratio of 1.58 at yesterday's closing price.
The Aerospace - Defense industry is part of the Aerospace sector. At present, this industry carries a Zacks Industry Rank of 85, placing it within the top 35% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.