GE HealthCare Technologies Inc. (GEHC)
| Market Cap | 34.84B |
| Revenue (ttm) | 19.50B |
| Net Income (ttm) | 1.57B |
| Shares Out | 456.47M |
| EPS (ttm) | 3.43 |
| PE Ratio | 22.25 |
| Forward PE | 17.12 |
| Dividend | $0.12 (0.16%) |
| Ex-Dividend Date | Jul 19, 2024 |
| Volume | 1,972,308 |
| Open | 76.26 |
| Previous Close | 76.26 |
| Day's Range | 75.68 - 76.71 |
| 52-Week Range | 62.35 - 94.50 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 94.09 (+23.27%) |
| Earnings Date | Jul 23, 2024 |
About GEHC
GE HealthCare Technologies Inc. engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally. The company operates through four segments: Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics. The Imaging segment offers molecular imaging, computed tomography (CT) scanning, magnetic resonance (MR) imaging, image-guided therapy, X-ray systems, and women's health p... [Read more]
Financial Performance
In 2023, GEHC's revenue was $19.55 billion, an increase of 6.60% compared to the previous year's $18.34 billion. Earnings were $1.39 billion, a decrease of -27.71%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for GEHC stock is "Buy." The 12-month stock price forecast is $94.09, which is an increase of 23.27% from the latest price.
News
GE HealthCare announces cash dividend for second quarter of 2024
CHICAGO--(BUSINESS WIRE)--The Board of Directors of GE HealthCare Technologies Inc. (Nasdaq: GEHC) today declared a cash dividend of $0.03 per share of Common Stock for the second quarter of 2024 paya...
Ohio-Based MRI Research Center and Job Creation Announced by GE HealthCare, University of Cincinnati, UC Health, Cincinnati Children's, JobsOhio, and REDI Cincinnati
Cincinnati, Ohio, June 26, 2024 (GLOBE NEWSWIRE) -- Ohio-Based MRI Research Center and Job Creation Announced by GE HealthCare, University of Cincinnati, UC Health, Cincinnati Children's, JobsOhio, an...
InkSpace Imaging Broadens Body Array Access Across GE HealthCare 3T MRI Systems
PLEASANTON, Calif., June 25, 2024 (GLOBE NEWSWIRE) -- InkSpace Imaging proudly announces that GE Healthcare has certified their Snuggle™ and Silhouette™ MRI body arrays.
Heart Hospital of New Mexico at Lovelace Medical Center and GE HealthCare Collaborate to Install the First Allia IGS Pulse Electrophysiology Lab in the United States for Minimally Invasive Cardiovascular Procedures
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Today Heart Hospital of New Mexico at Lovelace Medical Center (HHNM) and GE HealthCare (Nasdaq: GEHC) announced HHNM as the first location in the United States to i...
GE HealthCare and MediView Announce the World's First Installation and Clinical Use of Augmented Reality Interventional Suite that Aims to Transform the Practice of Interventional Radiology
CHICAGO--(BUSINESS WIRE)--GE HealthCare, MediView XR, Inc. announce first installation, clinical use of OmnifyXR Interventional Suite at North Star Vascular & Interventional.
GE HealthCare Announces Changes in Strategic Leadership and Key Segments to Better Serve Patients and Customers
CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) announced today that it has named Roland Rott president and CEO of Imaging and Phil Rackliffe president and CEO of Ultrasound and IGT. Both leade...
GE HealthCare Increases Access to Precision Care Tools, Encouraging the Continued Adoption and Practice of More Personalized Medicine Around the World
TORONTO & CHICAGO--(BUSINESS WIRE)--GE HealthCare once again joins the world's top medical and academic institutions at the Society of Nuclear Medicine and Molecular Imaging (SNMMI) annual meeting to ...
GE HealthCare Pharmaco-Economic Study Demonstrates Adding Breast Oncology PET Tracer to Standard Workup of Patients with Metastatic or Recurrent Breast Cancer May Yield Beneficial Clinical and Economic Outcomes, Potentially Saving $142M Over Five
MARLBOROUGH, Mass.--(BUSINESS WIRE)-- GE HealthCare Pharmaco-Economic Study Demonstrates Adding Breast Oncology PET Tracer to Standard Workup of Patients with Metastatic or Recurrent Breast Cancer Ma...
GE HealthCare and Tampa General Hospital Expand Long-Term Partnership to Benefit Patients and Clinicians Across the State of Florida
CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leading medical technology innovator, and Tampa General Hospital (TGH), one of the nation's leading academic health systems, continue to stren...
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GE HealthCare Tops List for Third Year in a Row with Highest Number of AI-Enabled Medical Device Authorizations
CHICAGO--(BUSINESS WIRE)--GE HealthCare has topped a U.S. Food and Drug Administration (FDA) list of artificial intelligence (AI) enabled medical devices for the third year in a row with 72 listed 510...
GE HealthCare and Medis Medical Imaging Announce Collaboration Focused on Non-Invasive Coronary Assessments to Help Advance Precision Care in Treatment of Coronary Artery Disease
CHICAGO--(BUSINESS WIRE)--Today, GE HealthCare (Nasdaq: GEHC), a leading global medical technology, pharmaceutical diagnostics and digital solutions innovator, and Medis Medical Imaging, a leading car...
GE HealthCare to Hold an Investor Day in New York City on November 21, 2024
CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leader in precision care innovation, will host an investor day on Thursday, November 21, 2024, in New York, NY. GE HealthCare's management tea...
Pushing the Boundaries of Neuroscience with GE HealthCare's SIGNA MAGNUS
CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today unveiled SIGNA MAGNUS, an FDA 510(k) pending head-only magnetic resonance (MR) scanner designed to explore advancements in neuroscience, wh...
GE HealthCare Management to Present at Upcoming Investor Conferences
CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), is announcing that its Vice President and Chief Financial Officer, Jay Saccaro will be presenting at the following upcoming investor conferences...
GE HealthCare Launches New Era of AI-Enhanced, Personalized Oncology Solutions at ESTRO 2024 Congress
CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced Revolution RT,i a new radiation therapy computed tomography (CT) solution with innovative hardware and software solutions to help...
GE HealthCare Stock Can't Catch Its GE Kin. The Reason?
GE HealthCare shares fell 16% in April while shares of GE Aerospace and GE Vernova rose 15% and 12%, respectively. Why aren't all the GE-logoed shares rising?
S&P 500 Gains and Losses Today: GE HealthCare Stock Plunges After Earnings Miss
Major U.S. equities indexes tumbled after a report from the Bureau of Labor Statistics showed a higher-than-expected jump in employee compensation during the first quarter of 2024. The accelerated wag...
GE HealthCare Stock Tumbles After Earnings Miss
GE HealthCare (GEHC) shares tumbled over 9% in early trading Tuesday after the medical device manufacturer reported weaker-than-expected results for the first quarter as sales in its Imaging, Ultrasou...
GE HealthCare misses quarterly revenue estimates on weakness in China market
GE HealthCare Technologies missed first-quarter revenue estimates on Tuesday, hurt by lower sales in China market and weaker-than-expected demand for its scanning devices, sending its shares tumbling ...
GE HealthCare Technologies' stock falls after it misses profit estimate
GE HealthCare Technologies Inc.'s stock GEHC, +3.13% fell 7.8% in premarket trades Tuesday after the company fell short of analyst estimates for revenue and adjusted income. GE Healthcare said its fir...
GE HealthCare Reports First Quarter 2024 Financial Results
CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leading global precision care innovator, today reported financial results for the first quarter ended March 31, 2024. GE HealthCare President ...
GE Created $200 Billion in Stock-Market Value by Breaking Into Pieces
Wall Street has hiked the average price target for GE Aerospace stock in the latest stage of upbeat news for longtime investors.
GE HealthCare Receives FDA Clearance for Portrait VSM, Building on Its Growing Ecosystem of Connected Patient Monitoring Solutions
CHICAGO--(BUSINESS WIRE)--GE HealthCare Receives FDA Clearance for Portrait VSM, Building on Its Growing Ecosystem of Connected Patient Monitoring Solutions.
What You Need To Know Ahead of GE HealthCare's Earnings Report Tuesday
GE HealthCare Technologies (GEHC) reports first-quarter earnings Tuesday ahead of market open, days after fellow former General Electric units GE Aerospace (GE) and GE Vernova (GEV) reported earnings ...