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GE

General Electric

$10.24

0.37 (3.75%)

13:28
05/14/19
05/14
13:28
05/14/19
13:28

GE booked more power plant orders than rivals in Q1, Reuters reports

General Electric (GE) booked six orders for its advanced, HA-class turbines in Q1, up from none a year ago, Alwyn Scott of Reuters report, citing three people familiar with the situation and an industry report seen by Reuters. Rival Mitsubishi Hitachi Power Systems booked five orders, while Siemens AG booked four, the sources told Reuters. GE confirmed to Reuters it had booked three additional orders in the first quarter that were not counted in its Q1 earnings report. The three additional units, sold to Tokyo Electric Power in Japan, were included in the McCoy Power Report published on Tuesday, Scott added. However, GE still faces rising competition, complicating CEO Larry Culp's efforts to turn around the company's ailing power unit, he said. Reference Link

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GE General Electric
$10.24

0.37 (3.75%)

04/08/19
04/08/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. General Electric (GE) downgraded to Underweight from Neutral at JPMorgan with analyst Stephen Tusa saying with the stock up 38% year-to-date, many investors are underestimating the severity of the challenges and underlying risks at GE, while overestimating the value of "small positives." 2. Starbucks (SBUX) downgraded to Neutral from Buy at UBS with analyst Dennis Geiger saying the risk/reward on shares "appears balanced" with the stock up 55% since June. 3. Boeing (BA) downgraded to Neutral from Buy at BofA/Merrill with analyst Ronald Epstein citing the company's announcement that it will cut 737 production rates to 42 per month from 52 per month, which he takes to likely mean that the 737 delay could last longer than previously expected. 4. Micron (MU) downgraded to Market Perform from Outperform at Cowen with analyst Karl Ackerman saying his field work indicates Micron's profitability will decline again in calendar year 2020. 5. Roku (ROKU) downgraded to Sell from Neutral at Citi with analyst Mark May saying the stock is up 110% year-to-date and near all-time highs. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/01/19
JPMS
05/01/19
NO CHANGE
Target $5
JPMS
Underweight
GE earnings rally unwarranted as 'many questions remain,' says JPMorgan
JPMorgan analyst Stephen Tusa characterizes General Electric's Q1 results as a headline beat with "weak" internals. The quarter was "far from a disaster, but also far from a blowout," Tusa tells investors in a post-earnings research note. He keeps an Underweight rating on GE with a $5 price target. The company's free cash flow outlook is unchanged as "timing dynamics are real," says Tusa. He understands why the stock trade up on the results, but feels the move is unwarranted as "many questions remain."
05/01/19
SBSH
05/01/19
NO CHANGE
Target $14
SBSH
General Electric turnaround is 'gaining promise,' says Citi
Citi analyst Andrew Kaplowitz says General Electric's turnaround is "gaining promise" following yesterday's Q1 results and unchanged 2019 outlook. The analyst thinks GE's stock price outperformance yesterday reflects increasing investor confidence that, under still relatively new CEO Larry Culp, management's ability to deliver versus its stated targets could be increasing. Re-establishing credibility with investors is an important early sign of change underway, Kaplowitz tells investors in a research note. He keeps a Buy rating on General Electric with a $14 price target.
05/03/19
JPMS
05/03/19
NO CHANGE
JPMS
Overweight
GE may be putting money into GECS for 'many years to come,' says JPMorgan
General Electric's $1.9B insurance contribution this past quarter, and the resulting language around it, support the view that insurance is a "negative call" on capital and equity value, JPMorgan analyst Stephen Tusa tells investors in a research note titled "GECS Landlocked As Leverage Flattered By Restricted, Regulatory Capital." Further, the equity that is building in the segment is being "inappropriately double counted" as equity for the General Electric Capital Services shareholder, says the analyst. He models that GECS is worth zero and believes it is "becoming increasingly clear" how under-capitalized both GECS and GE Capital Aviation Services are. GE will likely need to contribute capital to these segments beyond the $4B expected in 2019, "potentially for many years to come," according to Tusa. The analyst views GE's capital requirement assumptions as "aggressive" and keeps an Underweight rating on the shares.

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HFC

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PS

Pluralsight

$33.43

-0.58 (-1.71%)

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Microsoft

$127.67

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GTE

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Progressive

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CRM

Salesforce

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MRCY

Mercury Systems

$70.96

0.08 (0.11%)

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RNG

RingCentral

$122.58

0.14 (0.11%)

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LB

L Brands

$24.29

1.605 (7.08%)

, VIPS

Vipshop

$7.75

0.095 (1.24%)

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Copart

$64.99

-0.91 (-1.38%)

CTRP

Ctrip

$37.78

-0.09 (-0.24%)

SNPS

Synopsys

$115.10

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AVP

Avon Products

$4.07

0.875 (27.39%)

GILD

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$67.25

0.73 (1.10%)

IOVA

Iovance Biotherapeutics

$17.71

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AMGN

Amgen

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NTAP

NetApp

$62.58

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SCVL

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$29.65

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HTHT

Huazhu Group

$34.41

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ONVO

Organovo

$0.78

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HMC

Honda

$25.54

-0.17 (-0.66%)

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Takata

$0.00

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TKTDY

Takata

$0.00

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DSNKY

Daiichi Sankyo

$0.00

(0.00%)

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SPOT

Spotify

$127.10

-5.06 (-3.83%)

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IDXX

Idexx Laboratories

$250.45

1.24 (0.50%)

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OMC

Omnicom

$79.79

-0.3 (-0.37%)

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BSX

Boston Scientific

$37.74

0.04 (0.11%)

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CTRP

Ctrip

$37.63

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CTRP

Ctrip

$37.63

-0.24 (-0.63%)

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CTRP

Ctrip

$37.63

-0.24 (-0.63%)

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CE

Celanese

$100.10

-0.18 (-0.18%)

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XRAY

Dentsply Sirona

$54.64

-0.25 (-0.46%)

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SIM

Grupo Simec

$9.23

(0.00%)

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CPRT

Copart

$64.78

-1.12 (-1.70%)

17:51
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NVS

Novartis

$83.94

1.555 (1.89%)

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PCG

PG&E

$19.00

0.55 (2.98%)

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Periodicals
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  • 21

    Jun

OBLN

Obalon Therapeutics

$1.24

0.842 (211.56%)

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