Ge Healthcare Technologies Stock Today

GEHC Stock   82.44  0.44  0.54%   

Performance

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Odds Of Distress

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GE HealthCare is trading at 82.44 as of the 24th of November 2024, a 0.54% up since the beginning of the trading day. The stock's open price was 82.0. GE HealthCare has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for GE HealthCare Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
4th of January 2023
Category
Healthcare
Classification
Health Care
GE HealthCare is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 456.87 M outstanding shares of which 8.28 M shares are currently shorted by private and institutional investors with about 3.45 trading days to cover. More on GE HealthCare Technologies

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GEHC Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentPeter Arduini
Thematic IdeaMedical Equipment (View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, SP 500 Index, Nasdaq 100, NASDAQ 100 Pre, NASDAQ Composite, NASDAQ Health Care, Medical Equipment, Health Care, Health Care Equipment & Supplies, Health Information Services, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07930.0483
Way Up
Slightly volatile
Asset Turnover0.730.6025
Fairly Up
Slightly volatile
Gross Profit Margin0.320.4052
Significantly Down
Slightly volatile
Total Current Liabilities8.1 BB
Moderately Down
Slightly volatile
Non Current Liabilities Total9.1 B16.2 B
Way Down
Slightly volatile
Total Assets30.4 B32.5 B
Notably Down
Slightly volatile
Total Current Assets8.4 B9.4 B
Moderately Down
Slightly volatile
Total Cash From Operating Activities2.1 B2.1 B
Slightly Down
Very volatile
Debt Levels
GE HealthCare can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GE HealthCare's financial leverage. It provides some insight into what part of GE HealthCare's total assets is financed by creditors.
Liquidity
GE HealthCare Technologies currently holds 9.86 B in liabilities. Note, when we think about GE HealthCare's use of debt, we should always consider it together with its cash and equity.

Investments

(530.1 Million)
GE HealthCare Technologies (GEHC) is traded on NASDAQ Exchange in USA. It is located in 500 West Monroe Street, Chicago, IL, United States, 60661 and employs 51,000 people. GE HealthCare is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 37.66 B. GE HealthCare Techno conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 456.87 M outstanding shares of which 8.28 M shares are currently shorted by private and institutional investors with about 3.45 trading days to cover. GE HealthCare generates positive cash flow from operations, but has no cash available
Check GE HealthCare Probability Of Bankruptcy
Ownership Allocation
GE HealthCare Techno secures a total of 456.87 Million outstanding shares. The majority of GE HealthCare Techno outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to purchase positions in GE HealthCare Technologies to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in GE HealthCare Techno. Please pay attention to any change in the institutional holdings of GE HealthCare as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check GEHC Ownership Details

GE HealthCare Historical Income Statement

At present, GE HealthCare's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 19.6 B, whereas Tax Provision is forecasted to decline to about 653 M. View More Fundamentals

GEHC Stock Against Markets

GE HealthCare Corporate Executives

Elected by the shareholders, the GE HealthCare's board of directors comprises two types of representatives: GE HealthCare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GEHC. The board's role is to monitor GE HealthCare's management team and ensure that shareholders' interests are well served. GE HealthCare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, GE HealthCare's outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether GE HealthCare Techno offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GE HealthCare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ge Healthcare Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ge Healthcare Technologies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE HealthCare Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GE HealthCare. If investors know GEHC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GE HealthCare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.242
Dividend Share
0.12
Earnings Share
3.65
Revenue Per Share
42.916
Quarterly Revenue Growth
0.009
The market value of GE HealthCare Techno is measured differently than its book value, which is the value of GEHC that is recorded on the company's balance sheet. Investors also form their own opinion of GE HealthCare's value that differs from its market value or its book value, called intrinsic value, which is GE HealthCare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GE HealthCare's market value can be influenced by many factors that don't directly affect GE HealthCare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GE HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if GE HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GE HealthCare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.