GE
GE Aerospace (NYSE: GE) announced at Farnborough International Airshow an industry first to advance the...
Article Summary
BUY- GE Aerospace (NYSE: GE) announced at Farnborough International Airshow an industry first to advance the future of flight demonstrating the viability of more electric aircraft engine systems for aviation, conducted the first hybrid electric flight above 30,000 feet reaching the same altitude levels of passenger commercial aircraft.
- The record-breaking test campaign was enabled by GE Aerospace's fully integrated megawatt-class and multi-kilovolt hybrid electric propulsion system developed through the NASA Electrified Powertrain Flight Demonstration project.
- The right side of the EPFD aircraft, a Saab 340B, was modified for flight tests with a hybrid electric system that fits inside an inverted nacelle providing extra ventilation, with GE Aerospace-developed motor/generators, power converters and inverters, controllers, Avio Aero gearboxes, Dowty propellers, Unison heat exchangers, torque sensing, and engine harnesses.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 21.7% | 25% | 70.0 ptsGood (21.7%) - Healthy growth |
| EPS Growth Next 5Y ? | 16.9% | 25% | 50.0 ptsMeets Minimum (16.9%) - Passes screener |
| Target Price Upside ? | 14.4% | 20% | 50.0 ptsMeets Minimum (14.4%) - Target: $397.05 vs Current: $347.04 |
| Gross Margin % ? | 35.2% | 15% | 60.0 ptsSolid (35.2%) - Decent margins |
| Drawdown from 52-Wk High ? | -9.4% | 15% | 20.0 ptsBarely a Dip (-9.4%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About GE
- General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and aircraft systems.
- The company operates through two segments, Commercial Engines & Services, and Defense & Propulsion Technologies.
- The Commercial Engines & Services segment designs, develops, manufactures, maintenance, repair, and overhaul (MRO) services of jet engines and sale of spare parts for commercial airframes, business aviation, and aeroderivative applications.
- The Defense & Propulsion Technologies designs, develops, manufactures, and services jet engines and avionics and power systems for governments, militaries, and commercial airframers, as well as MRO of engines and the sale of spare parts.
- This segment also offers aircraft components and systems, such as small turboprop engines, aeroengine mechanical transmissions, turbines, combustors and controls, additive manufacturing, propeller systems, ignition systems, sensors and engine accessories for fixed wing and rotorcraft applications for commercial and military end users under the Avio Aero, Unison, Dowty Propellers, and Colibrium Additive brands.
- The company operates in the United States, Europe, Asia, the Americas, the Middle East, and Africa.
- General Electric Company was incorporated in 1892 and is based in Evendale, Ohio.