Heres What Key Metrics Tell Us About GE HealthCare Q2 Earnings
| GEHC Stock | 87.35 2.05 2.29% |
About 62% of GE HealthCare's investor base is looking to short. The analysis of overall sentiment of trading GE HealthCare Technologies stock suggests that many investors are alarmed at this time. The current market sentiment, together with GE HealthCare's historical and current headlines, can help investors time the market. In addition, many technical investors use GE HealthCare Techno stock news signals to limit their universe of possible portfolio assets.
GEHC |
While the top- and bottom-line numbers for GE HealthCare give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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GE HealthCare Fundamental Analysis
We analyze GE HealthCare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GE HealthCare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GE HealthCare based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Profit Margin
Profit Margin Comparative Analysis
GE HealthCare is currently under evaluation in profit margin category among its peers. Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
GE HealthCare Techno Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with GE HealthCare stock to make a market-neutral strategy. Peer analysis of GE HealthCare could also be used in its relative valuation, which is a method of valuing GE HealthCare by comparing valuation metrics with similar companies.
Peers
GE HealthCare Related Equities
| GDRX | Goodrx Holdings | 1.84 | ||||
| DOCS | Doximity | 1.51 | ||||
| VEEV | Veeva Systems | 1.43 | ||||
| TDOC | Teladoc | 0.63 | ||||
| SDGR | Schrodinger | 0.27 | ||||
| AMWL | American Well | 0.50 | ||||
| TXG | 10X Genomics | 0.83 | ||||
| PGNY | Progyny | 1.53 |
Complementary Tools for GEHC Stock analysis
When running GE HealthCare's price analysis, check to measure GE HealthCare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GE HealthCare is operating at the current time. Most of GE HealthCare's value examination focuses on studying past and present price action to predict the probability of GE HealthCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GE HealthCare's price. Additionally, you may evaluate how the addition of GE HealthCare to your portfolios can decrease your overall portfolio volatility.
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