A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buyouts and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities. Analyst's Disclosure: I/we have a beneficial long position in the shares of GE either through stock ownership, options, or other derivatives. I wrote this a ...

Investors took the glass-half-full approach to the company's recent earnings report. GE Aerospace (GE 2.99%) stock rose more than 4% by 11 a.m. ET on Wednesday as investors took advantage of the post-earnings dip in the stock on Tuesday and bought in. Here's why. GE Aerospace's mixed earnings The company's report contained some negatives, such as the expectation reduction for LEAP engines. A GE Aerospace joint venture with Safran manufactures the LEAP, the sole engine option on the Boeing 737 MAX and an opt ...

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest list of major oversold players ...

Core Viewpoint - General Electric (GE) presents a potential buying opportunity following a recent price correction, attributed to improved operational quality and a strong position in the aerospace industry [1][2]. Financial Performance - GE Aerospace reported a solid Q3 with a 6% growth across both segments, although it missed analyst expectations by 440 basis points [2]. - The defense segment grew by 2%, while the commercial segment saw an 8% growth, which was below expectations [2]. - New orders increased by 28%, indicating potential for accelerated growth in upcoming quarters [2]. Margin and Cash Flow - The adjusted operating profit margin improved by 150 basis points, contributing to a leveraged 14% profit growth [3]. - Free cash flow rose by 5% to $1.80 billion, supporting balance sheet health and share buybacks [3]. - The company raised its full-year EPS guidance for the third time this year to a range of $4.20 to $4.35, surpassing consensus estimates [3]. Analyst Sentiment - Analysts maintain a positive outlook on GE Aerospace, with a consensus rating of "Moderate Buy" and price targets suggesting a potential upside of 12.4% [4]. - The stock's price target is projected to reach between $225 and $235, indicating a possible 15% gain [4]. Institutional Activity - Institutional investors own over 70% of GE stock and have consistently bought shares each quarter in 2024, reflecting support for the company's restructuring into three publicly traded entities [5]. Technical Outlook - The recent price pullback is viewed as an entry point for new investments, with critical support targets around $172 [6]. - A deeper decline could occur if the stock falls below this support level, with potential targets near $150 and $160 [6].

GE Aerospace (GE) has reported third-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same.It is worth noting that in April 2024, GE Aerospace emerged as a separate public company, following the spin-off of GE Vernova Inc. (GEV) from General Electric.Inside the HeadlinesThe company’s third-quarter adjusted earnings were $1.15 per share, which beat the Zacks Consensus Estimate of $1.13. The bottom line rose 25% year over year.Total revenues were $9.84 bill ...

Goldman Sachs analyst Noah Poponak expresses their view on GE Aerospace‘s GE third-quarter 2024 results.The company reported adjusted revenue growth of 6% Y/Y to $8.943 billion and GAAP revenue of $9.84 billion. The analyst consensus was $9.022 billion.GE still expects adjusted revenue growth in the high single digits. It now sees adjusted EPS of $4.20 – $4.35 (prior $3.95 – $4.20) vs. the $4.25 consensus.The company now expects adjusted operating profit of $6.7 billion – $6.9 billion (prior $6.5 billion – ...

Investors were caught off guard by a report of weaker-than-expected revenue.Supply chain constraints and issues at Boeing (NYSE: BA) are rippling through to suppliers including GE Aerospace (GE -8.24%), leading GE Aerospace to report quarterly revenue on Tuesday that came in below Wall Street expectations.Investors are running from the shares despite what was otherwise a solid quarter, with the stock down 8% around 1 p.m. ET.Strength in servicesGE Aerospace is one of the world's largest makers of aircraft e ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Following a week or two of seemingly higher and higher all-time closing highs, we see something of a pullback in stock market activity in the first two trading days of this week. There aren’t any concrete reasons behind this — no economic data or dire Q3 reports impacting market sentiment — but more a cautious foreboding of what may be to come.The possible explanations for this are manifold. High market valuations naturally bring about caution, and in two weeks we potentially could see a number of prominent ...

Financial Data and Key Metrics - Revenue increased by 6% YoY, driven by growth in services and equipment [5] - Operating profit rose by 14% YoY, with adjusted EPS up 25% [5] - Free cash flow reached $1.8 billion, with a conversion rate of over 140% [5] - Year-to-date, operating profit increased by more than $1 billion, or 25%, driven by commercial services strength [16] - Free cash flow year-to-date was $4.6 billion, up more than $1 billion YoY, with nearly 130% conversion [16] Business Line Performance - **Commercial Engines & Services (CES):** Orders increased by 29%, with services and equipment both growing over 20% [5] - Services revenue grew 10%, supporting a 16% YoY increase in operating profit [6] - Equipment revenue grew 5%, with customer mix and price offsetting lower unit shipments [16] - Operating profit for CES was $1.8 billion, up 16% YoY, with margins expanding 180 basis points [17] - **Defense & Propulsion Technologies (DPT):** Orders increased by 19%, but profit declined [6] - Revenue grew 2%, with Defense & Systems revenue down 2% due to lower engine deliveries [18] - Profit for DPT was $220 million, down 18% YoY, impacted by inflation and investments in next-gen programs [18] Market Performance - Demand for services and products remains robust, with departures up high-single digits YoY and LEAP share of global narrowbody departures increasing over 20% [7] - LEAP fleet size is projected to double by 2030, driving aftermarket growth [9] - In Defense, the Polish Ministry of National Defense will add over 200 T700 engines, and the company secured commitments from Eva Air and Qatar Airways for GEnx and GE9X engines [12] Strategic Direction and Industry Competition - The company is leveraging its FLIGHT DECK operating model to improve efficiency, reduce turnaround times, and expand capacity [10] - Investments of $1 billion in MRO over the next five years aim to enhance inspection techniques and repair capabilities [10] - The company is advancing RISE technologies, including open fan design and turboprop technology, to support sustainable aviation [13] - In Defense, the T901 engine is progressing towards power-on and ground runs, and the XA100 engine completed its fourth round of testing [14] Management Commentary on Operating Environment and Future Outlook - The company raised its full-year guidance due to strong results and expects continued growth in 2025 [7][20] - Management highlighted the importance of supplier collaboration and FLIGHT DECK improvements to meet demand [8][34] - The company is focused on improving LEAP durability and expanding aftermarket capacity to support future growth [9][11] Other Important Information - The company is on track with post-spin separation and restructuring plans, with corporate costs down 25% YoY [19] - Non-GAAP adjustments included gains from the sale of the licensing business and impairment of Colibrium Additive goodwill [19] Q&A Summary Question: 2025 Profit Growth Expectations - The company is working through its 2025 outlook, with a higher starting point due to improved 2024 guidance [26][27] - Commercial services are expected to grow low-double digits, supported by a significant backlog of shop visits and price increases [28] - Equipment growth is expected to accelerate in 2025, with higher 9X shipments, though this may pressure margins [29] Question: LEAP Output and Supply Chain Constraints - The company is focused on improving LEAP output, with sequential improvements in supplier output and new HPT blade certification expected soon [32][34] - The new HPT blade is easier to manufacture and will help increase output, with durability improvements expected to align LEAP with CFM56 levels [34][35] Question: Boeing 777X Program Delay - The delay in the 777X program has no operational impact on GE Aerospace, with engine deliveries continuing as planned [36] - Financial implications include potential adjustments in engine delivery volumes for 2025, with the program expected to be profitable by 2030 [37] Question: Customer Concessions and Penalties - The company has not incurred significant penalties for delivery delinquencies, with improvements expected in the fourth quarter [39][40] Question: DPT Profitability and Margin Pressure - DPT profitability is under pressure due to increased R&D investments in next-gen programs, but the backlog supports mid-to-high single-digit growth in 2025 [41][42] Question: Shop Visits and Spare Parts Sales - Shop visits were flat YoY, but spare parts sales increased, with a high backlog of shop visits expected to drive growth in the fourth quarter [44][46] Question: LEAP Profitability in 2025 - LEAP profitability is expected to improve in 2025, driven by durability enhancements and growth in spare parts sales to third-party networks [50] Question: New HPT Blade Certification and LEAP Output - The new HPT blade is already in production, with certification expected soon, which will help improve LEAP output and durability [54] Question: CFM Shop Visits and Widebody Engines - CFM shop visits are expected to peak in 2025 and remain at that level until 2027, with GE90 engines entering their second shop visit phase [56][57] Question: Supplier Output and FLIGHT DECK Improvements - Supplier output increased by 18% sequentially, with further improvements expected in the fourth quarter and 2025 through FLIGHT DECK initiatives [60][61] Question: 777X Headwind and CES Margins - The 777X program will create a headwind in 2025, with specific impacts to be quantified in January, while CES margins are expected to remain stable despite mix pressures [64][65]