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GEHC

HEALTHCARE

GE HealthCare Technologies Inc.

AI Stock Analysis· Neutral
Jun 22 · 7:42 PM ET

GE HealthCare Technologies Inc. (GEHC) is currently trading at $60.64, reflecting a decline of 1.54% today. The stock's technical indicators show a bearish sentiment, with an RSI of 38.3, suggesting it is nearing oversold territory. The stock is below its short-term moving average (SMA20) of $63.41 and SMA50 of $65.15, indicating a downtrend in the near term. The MACD is negative at -0.67, with the signal line at -0.48, further confirming the bearish momentum. The stock's performance is under pressure following a sharp pullback, and technical resistance may be found around the SMA levels mentioned.

From a fundamental perspective, GEHC has demonstrated impressive revenue growth of 484.4% year-over-year, although this growth is tempered by a quarterly EPS decline of 30.9%, resulting in an EPS of $4.17. The company maintains robust gross and operating margins at 3998.5% and 1339.2%, respectively, indicating strong profitability. The current P/E ratio stands at 14.8, with a forward P/E of 12.6, which suggests the stock may be undervalued relative to its growth trajectory. Analysts remain optimistic, providing a consensus rating of "BUY," with a target price of $79.72, reflecting a potential upside of approximately 31.5% from the current price. This positive outlook is supported by the company's strong return on equity of 19.5%, although specific debt/equity metrics are not available.

Looking ahead, there are no earnings scheduled within the next 30 days, which leaves GEHC without an imminent catalyst for stock movement. However, investors should closely monitor the implications of recent news, particularly the FDA clearance for AI-powered radiation therapy planning software, which could enhance growth prospects. Conversely, the lawsuit filed by Memorial Sloan Kettering over imaging technology raises concerns about potential operational disruptions or financial liabilities. As the company navigates these developments, investors should watch for any shifts in revenue growth trends or margin changes that could impact future performance.

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52-Week Range

$58.75$89.69

$62.25

Fundamentals

Market Cap$28.0B
P/E Ratio14.8
EPS$4.17
Dividend Yield0.23%
Dividend / Share$0.14
ROE19.5%
Profit Margin9.1%
Debt / Equity

Trading

Volume1.5M
Avg Volume (10D)
Shares Outstanding454.9M

GEHC News

103 articles

Price Data

Open$61.49
Previous Close$60.64
Day High$62.36
Day Low$61.00
52 Week High$89.69
52 Week Low$58.75

About GE HealthCare Technologies Inc.

GE HealthCare Technologies Inc. provides medical technology, pharmaceutical diagnostics, and digital solutions in the United States. The company is headquartered in Chicago, Illinois.

54.0K employees
Listed December 15, 2022
HEALTHCAREMEDICAL DEVICES

Company Details

Security TypeCommon Stock
ExchangeNASDAQ
CurrencyUSD
Round Lot
SICMEDICAL DEVICES
CIK
Composite FIGI
Share Class FIGI