In the past week, GEV stock has gone up by 5.38%, with a monthly decline of -0.91% and a quarterly surge of 35.66%. The volatility ratio for the week is 4.08%, and the volatility levels for the last 30 days are 3.86% for GE Vernova Inc The simple moving average for the last 20 days is 3.14% for GEV stock, with a simple moving average of 59.28% for the last 200 days.
Is It Worth Investing in GE Vernova Inc (NYSE: GEV) Right Now?
Opinions on the stock are mixed, with 14 analysts rating it as a “buy,” 8 as “overweight,” 6 as “hold,” and 1 as “sell.”
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The public float for GEV is 275.48M, and at present, short sellers hold a 2.21% of that float. On December 26, 2024, the average trading volume of GEV was 2.81M shares.
GEV) stock’s latest price update
GE Vernova Inc (NYSE: GEV)’s stock price has increased by 0.69 compared to its previous closing price of 344.92. However, the company has seen a 5.38% increase in its stock price over the last five trading sessions. zacks.com reported 2024-12-24 that GE Vernova (GEV) closed at $347.29 in the latest trading session, marking a +0.69% move from the prior day.
Analysts’ Opinion of GEV
Many brokerage firms have already submitted their reports for GEV stocks, with Daiwa Securities repeating the rating for GEV by listing it as a “Outperform.” The predicted price for GEV in the upcoming period, according to Daiwa Securities is $348 based on the research report published on December 11, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see GEV reach a price target of $400. The rating they have provided for GEV stocks is “Buy” according to the report published on December 05th, 2024.
Wolfe Research gave a rating of “Outperform” to GEV, setting the target price at $403 in the report published on December 04th of the current year.
GEV Trading at 8.22% from the 50-Day Moving Average
After a stumble in the market that brought GEV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.74% of loss for the given period.
Volatility was left at 3.86%, however, over the last 30 days, the volatility rate increased by 4.08%, as shares surge +5.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.86% upper at present.
During the last 5 trading sessions, GEV rose by +5.77%, in comparison to the 20-day moving average, which settled at $336.77. In addition, GE Vernova Inc saw 163.62% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GEV
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.17 for the gross margin
The net margin for GE Vernova Inc stands at 0.03. The total capital return value is set at 0.01.
Currently, EBITDA for the company is 932.0 million with net debt to EBITDA at -4.46. When we switch over and look at the enterprise to sales, we see a ratio of 2.57. The receivables turnover for the company is 2.18for trailing twelve months and the total asset turnover is 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.03.
Conclusion
To sum up, GE Vernova Inc (GEV) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
