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This Aerospace Stock Outperformed the S&P 500 in the First Half of 2024. Is It Still a Buy?
The Motley Fool· 2024-07-14 17:55
GE Aerospace's stock price rose 58% in the first six months of the year. Can it keep going higher?GE Aerospace (GE -1.80%), formerly a part of General Electric, had a blistering hot start to the first half of 2024. The stock price rose 58% in the first six months of 2024, crushing what were solid gains by the S&P 500 (up 15%) and Nasdaq Composite index (up 19%) over the same period.Investors are apparently optimistic about this aerospace industry leader, judging by its stellar first-half share price perform ...
GE Aerospace T901 Engines Accepted by U.S. Army for UH-60 Black Hawk Flight Testing
Prnewswire· 2024-06-28 20:02
"This delivery represents the beginning of a new era and a pivotal moment in our ongoing work with the U.S. Army," said Amy Gowder, president and CEO, Defense & Systems at GE Aerospace. "The T901 engine will ensure warfighters will have the performance, power, and reliability necessary to maintain a significant advantage on the battlefield." Today's announcement comes on the heels of the first ever ground run of an aircraft powered by a T901 engine. In April, a T901 engine successfully powered Sikorsky's Fu ...
GE Vernova: Turnaround Made Easier By Increased Pricing Power
Seeking Alpha· 2024-06-22 06:31
arogant/iStock via Getty Images Introduction A few years ago, when I was researching Lithium and EV markets I read accounts that electricity demand from EV penetration could be akin to what was seen in the 1960s & 1970s with the penetration of microwaves, hairdryers, and air-conditioning, etc. that drove demand 30%, or about an additional 2% per year, which is considerable and would require electric utilities to invest in capacity and grid resiliency. Then the summer heat waves began, and another layer of d ...
GE Aerospace developing hybrid electric engines for single aisle jets: report
Proactiveinvestors NA· 2024-06-19 22:29
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...
GE Aerospace's Latest Wall Street Downgrade Isn't a Big Deal: Here's Why
The Motley Fool· 2024-06-19 16:05
文章核心观点 - J.P. Morgan预测GE航空公司可能无法在2024年达到其发动机交付目标 [1][2] - 这可能导致公司第二季度及以后的收入出现缺口 [2] 公司近期盈利能力 - 发动机交付放缓对利润率来说是利好因素 [4] - 因为发动机销售通常是亏损或持平的,公司的利润和现金流主要来自于长期服务合同带来的售后市场收入 [4] - J.P. Morgan分析师维持了公司2024年的盈利和现金流预期 [5] - 公司已经下调了今年发动机交付预期,但这反而导致了利润率和利润预期的上升 [6] 行业动态 - 新发动机需要多年才能开始贡献售后市场收入,延迟新发动机交付可能意味着更多使用老款发动机,从而带来更多售后市场收入 [6][7][8][9][10] - 公司管理层认为这对CFM56发动机的维修高峰期(2025年)来说是一个正面影响 [7][8][9] 长期影响 - 虽然发动机交付延迟在短期内可能带来一些正面影响,但公司并不希望出现这种情况,因为这会推迟售后市场收入的现金流 [11] - 不过从长期来看,飞机发动机可使用超过40年,短期内200台发动机的延迟不会对公司的长期收益和现金流估值产生太大影响 [12]
Why GE Aerospace Is Losing Altitude Today
The Motley Fool· 2024-06-14 00:50
One analyst is worried the company's quarterly sales could fall short. A prominent Wall Street analyst has some doubts about GE Aerospace's (GE -3.47%) current quarter, and investors are taking note. Shares of GE Aerospace traded down 4% as of 11:30 Eastern after JPMorgan Chase cut its second-quarter sales estimate to an analyst-low $8.4 billion. Supply chain chaos could eat into deliveries GE Aerospace is the last remaining part of the one-time industrial conglomerate now that the healthcare and energy ass ...
GE Aerospace (GE) Opens Turkiye Technology Center in Istanbul
ZACKS· 2024-06-13 22:33
GE Aerospace (GE) recently announced that it has opened a Türkiye Technology Center (“TTC”) in the Kartal district of Istanbul. This new facility will boost the company’s engineering, innovation, manufacturing and research capabilities in the region. Founded in 2000, TTC serves as GE’s engineering facility for its GEnx, CFM LEAP, GE9X and catalyst engines. The facility also works on technology upgrades for its in-service engines. Its engineers are currently working on aero-derivative technology to manufactu ...
Moat Monster: GE Aerospace's Rally Is Just The Beginning
Seeking Alpha· 2024-06-07 02:20
HAKINMHAN Introduction I have to say I do not have many regrets when I think of investments I made in the past few years. I still own most of the companies I bought for my dividend growth portfolio since the pandemic, and I did not sell anything at a loss. While that may sound a bit cocky, note that I have a multi-decade investment horizon when I place an investment. My turnover is extremely low. That said, my biggest regrets are stocks I did not buy - especially stocks that I gave a (Strong) Buy rating in ...
Airborne Wind Energy market is projected to grow at a CAGR of 9.7% by 2034: Visiongain
Newsfilter· 2024-06-07 00:37
Visiongain has published a new report entitled Airborne Wind Energy Market 2024-2034: Forecasts by Application (Onshore, Offshore), by Power Generation Capacity (Small-scale Systems (Below 100 kW), Medium-scale Systems (100 kW-1 MW), Large-scale Systems (Above 1 MW)), by Component (Airborne Wind Turbines, Ground Station, Tether, Other), by Technology Type (Kite-based Systems, Balloon-based Systems, Glider-based Systems, Aircraft-based Systems, Other) AND Regional and Leading National Market Analysis PLUS An ...
GE Aerospace Soars 110% To 15-Year High — Is GE Stock A Buy?
Investors Business Daily· 2024-05-07 02:08
GE Aerospace (GE), the newly minted aerospace and defense pure play, continues to snag new highs amid price-target hikes. Is GE stock a buy? X GE Aerospace Launches On April 2, General Electric split in two — into GE Aerospace and GE Vernova. GE Aerospace, which makes jet engines and aviation systems, kept the GE stock ticker. GE Vernova (GEV) houses a gas power and wind energy business. GE's health care spinoff, GE HealthCare Technologies (GEHC), debuted in January 2023. In 2021, an embattled General Elect ...