History diversified company under the name of General Electric (GE.US) dates back to 1878. The company was founded by inventor Thomas Edison and initially was called the "Edison Electric Light".
Currently, the company is composed of six divisions: GE Energy; GE Healthcare; GE Transportation; GE Aviation;GE Capital and GE Lighting. The Corporation is engaged in the production of locomotives, nuclear reactors, aircraft engines, medical equipment, lighting equipment, and plastics.
The peak of the company's capitalization has fallen in September 2000, when investors offered $ 60 per share.However, in March 2009, we were at the bottom of the paper, and traded at $ 6, thereby millet in a total of 90% of its maximum. After the global financial crisis of 2008, the company's shares continue to grow steadily in price and the current date is listed in the area of $ 30.50. Although the rate of bety greater than one (1.19), the annual income of 14.78% for 2015 in shares. Now the corporation's market capitalization amounts to 285.61 billion US dollars with a yield per share of $ 0.67.
Share price to earnings per share (P / E Ratio) is 46.06 $, which is an excellent result based on the value of a share and its profitability.
The short-term outlook for the asset in the direction of reduction of quotations from the level of 30.50 $ to 28.50 $ is due, primarily, drop in the company's income from the level of $ 31.68 billion from October 2015 to $ 27.6 billion at the end of March this year. At the same time EPS has a better predictive value for the two previous financial statements.
Long-term analysis of the remains on the side of a rising trend. The entry point in this case is the average $ 28.50 support line, hold down the stock to $ 35.00 per share. The next financial report will be held on 22.07.2016, at the moment EPS forecast values up $ 0.28, while revenue at the level of 31.98 billion dollars.
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Author analysts: Ilya Privalov
Financial analyst AMarkets. He has extensive experience in the OTC markets. In its approach primarily guided by the tough trading ratio of the nominal amount of a deposit, and adheres to the strategy of using the leverage of no more than 1:10. Practices capital diversification among various types of assets, which allows to enter the stable profit at the end of the trading month. Participates in the development of trading systems, as well as analyzes the nature of the pricing tools.