The stock of GE Vernova Inc (GEV) has seen a 13.41% increase in the past week, with a 26.70% gain in the past month, and a 52.94% flourish in the past quarter. The volatility ratio for the week is 3.89%, and the volatility levels for the past 30 days are at 3.98% for GEV. The simple moving average for the past 20 days is 15.32% for GEV’s stock, with a 79.42% simple moving average for the past 200 days.
Is It Worth Investing in GE Vernova Inc (NYSE: GEV) Right Now?
GE Vernova Inc (NYSE: GEV) has a higher price-to-earnings ratio of 91.32x compared to its average ratio. Analysts have mixed views on the stock, with 13 analysts rating it as a “buy,” 8 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for GEV is 275.48M, and currently, short sellers hold a 1.87% ratio of that float. The average trading volume of GEV on January 22, 2025 was 2.82M shares.
GEV) stock’s latest price update
GE Vernova Inc (NYSE: GEV) has experienced a rise in its stock price by 3.63 compared to its previous closing price of 401.41. However, the company has seen a gain of 13.41% in its stock price over the last five trading days. zacks.com reported 2025-01-21 that Energy transition and the nuclear energy standout GE Vernova GEV has skyrocketed 190% since its April 2024 IPO.
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 previous 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 previous year.
GEV Trading at 20.34% 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 able to rebound, for now settling with 2.94% of gains for the given period.
Volatility was left at 3.98%, however, over the last 30 days, the volatility rate increased by 3.89%, as shares surge +31.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.74% upper at present.
During the last 5 trading sessions, GEV rose by +13.41%, which changed the moving average for the period of 200-days by +202.90% in comparison to the 20-day moving average, which settled at $360.73. In addition, GE Vernova Inc saw 26.47% 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 3.12. 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 put it simply, GE Vernova Inc (GEV) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
