GE Vernova Inc (NYSE:GEV) traded at $356.48 at last check on current trade day and made a downward move of -3.27% on its previous day’s price.
Looking at the stock we see that its previous close was $368.52 with the day’s price range being $348.2 – $363.0. The company has a trailing 12-month PE ratio of 78.26. In terms of its 52-week price range, GEV has a high of $376.30 and a low of $115.00. The company’s stock has gained about 2.88% over that past 30 days.
GE Vernova Inc has a market cap of $98.26 billion and is expected to release its quarterly earnings report in February.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 10.69B, with a low of 10.12B and a high of 11.13B.
Based on estimates by 9 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the GE Vernova Inc (GEV) stock as a Hold, while 6 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the GEV stock currently stands at 2.70, and the most recent price level today is 4.70% off its SMA20 and 6.97% from its 50-day simple moving average. The RSI (14) is pointing at 57.42 while the volatility over the past week is 4.13% and jumps to 3.86% over the past one month. The average price target for the stock over the next 12 months is $300, with the estimates having a low of $165 and a high of $400. These price ends are 53.71% and -12.21% off the today’s price level respectively, although investors could be excited at the prospect of a 15.84% if the GEV share price touches on the median price of $300.
Coming back to GE Vernova Inc (NYSE:GEV), we note that the average 3-month trading volume was 2.73 million, while that of the preceding 10-day period stands at 1.99 million. Current shares outstanding are 275.63 million.
The insiders hold 0.06% of the company’s shares while institutions hold 79.22%. The data shows that short shares as of 2024-12-13, stood at 6.07 million at a short ratio of 2.17. Shares short rose in December from the previous month at 5.19 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 8.38% up in year-to-date price movement.
