Quarterly Sales Analysis of General Electric Company (NYSE:GE)


Quarterly Sales Analysis of General Electric Company (NYSE:GE)

Several analysts have released their opinion on General Electric Company (NYSE:GE), with 4 analysts believing it is a strong buy. It has underperformed by 21.16% the S&P500. Cullen Capital Management Llc bought 18,950 shares as the company's stock declined 7.64% while stock markets rallied.

Average Revenue Estimate for the current quarter is $32.67 Billion, according to consensus forecast of 8 analysts.

The stock increased 0.18% or $0.13 on August 18, reaching $72.16. About 6.75 million shares traded. (NOV) has risen 11.97% since August 22, 2016 and is uptrending. It has outperformed by 96.33% the S&P500. Therefore 48% are positive.

11/22/2016 - Portland General Electric Company was downgraded to "underperform" by analysts at Bank of America Merrill Lynch.

03/04/2016 - Portland General Electric Company had its "hold" rating reiterated by analysts at Wellington Shields.

General Electric Company (NYSE:GE) is now up -0.69% compared to a 12-month low of $24.44. (NYSE:TCO), 5 have Buy rating, 0 Sell and 9 Hold. More interesting news about General Electric Company (NYSE:GE) were released by: Nasdaq.com and their article: "Why Is General Electric (GE) Down 7.3% Since the Last Earnings Report?" published on August 21, 2017 as well as Investorplace.com's news article titled: "Warren Buffett Ditched General Electric Company (GE) Stock and So Should You" with publication date: August 16, 2017. Jefferies Group LLC raised their target price on American Electric Power from $68.00 to $70.00 and gave the company a "hold" rating in a research report on Friday, April 28th.

FCF is an indicator of a firm's financial performance, measured as operating cash flow minus capital expenditures. On June 29, 2017 the stock rating was set at "Sell" according to a Standpoint Research report which is up from the previous "Sell" rating. Verus stated it has 0.34% of its portfolio in General Electric Company (NYSE:GE).

On July 25 Morgan Stanley held the company rating at "Equal-Weight" but lowered the price expectation to $26.00 from $27.00.

Since May 15, 2017, it had 3 buys, and 0 sales for $3.37 million activity. The insider IMMELT JEFFREY R bought $2.81 million. About 10.60M shares traded. Its down 0.07, from 0.89 in 2016Q3. It dived, as 68 investors sold GE shares while 818 reduced holdings. It is negative, as 67 investors sold American Electric Power Company Inc shares while 269 reduced holdings. Somerville Kurt F holds 131,053 shares or 0.92% of its portfolio. Geneva Advsrs Limited Liability Corporation holds 5,539 shares. Aew Capital Mngmt Ltd Partnership reported 1.31 million shares. California State Teachers Retirement invested in 1.26% or 19.65M shares. Capital Ok holds 439,446 shares. It also reduced Facebook Inc (NASDAQ:FB) stake by 6,760 shares and now owns 26,182 shares. The stock of General Electric Company (NYSE:GE) earned "Hold" rating by Oppenheimer on Monday, July 17. Cap One Association stated it has 0.6% in General Electric Company (NYSE:GE). Adirondack Tru owns 85,377 shares. The Cypress Asset Management Inc holds 390,783 shares with $12.35 million value, up from 380,330 last quarter. Therefore 0 are positive.

02/18/2014 - Portland General Electric Company was upgraded to "neutral" by analysts at Ned Davis Research. The rating was initiated by Citigroup with "Buy" on Wednesday, October 14. The rating was maintained by RBC Capital Markets with "Outperform" on Monday, April 24.

02/22/2016 - American Electric Power Company, Inc. had its "buy" rating reiterated by analysts at Argus. Credit Suisse upgraded the stock to "Focus List" rating in Wednesday, September 16 report. The rating was maintained by FBR Capital on Monday, December 7 with "Outperform". Roth Capital maintained it with "Buy" rating and $8.5000 target in Friday, July 21 report. BB&T Capital downgraded the stock to "Hold" rating in Monday, January 11 report.

Investors sentiment increased to 1.05 in 2016 Q4. Its down 0.08, from 0.9 in 2016Q3. Zions Bancorporation raised its position in American Electric Power by 1.3% in the first quarter. The company has an Average True Range (ATR) value of 0.34, while a Beta Value of 1.22. Strategic Wealth Advisors Grp Inc Llc has invested 1.06% in General Electric Company (NYSE:GE).

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. Security National Bank & Trust Of So Dak invested 2.11% of its portfolio in General Electric Company (NYSE:GE). Price T Rowe Assoc Md, Maryland-based fund reported 2.01M shares. The Pennsylvania-based Federated Invsts Pa has invested 0% in American Equity Investment Life Holding (NYSE:AEL). Blue Edge Cap Lc reported 57,572 shares stake. The company's 5 year Earnings per share growth and Capital Spending growth remains at -4.09 and -10.64.

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