GE
GE Aerospace (NYSE: GE) announced that National Airlines has committed to purchase one GE90-110B and six...
Article Summary
BUY- GE Aerospace (NYSE: GE) announced that National Airlines has committed to purchase one GE90-110B and six CF6-80C2 engines to power their Boeing 777F/747F cargo airplanes.
- National Airlines already owns thirty CF6 engines and eight GE90 engines, with the GE90 engine family powering all Boeing 777 models and being the exclusive powerplant on the 777-300ER, -200LR, and Freighter.
- The GE 90 engine features several technology firsts including carbon fiber composite front fan blades, the world's largest front fan at 128 inches in diameter, and world-record setting thrust of 127,900 pounds during certification testing.
- General Electric's CF6 turbofan engines collectively power nearly 70% of world's widebody airplanes dedicated to hauling cargo, earning a reputation for dependability and durability translating to an ever-ready fleet, on-time arrivals, and lower maintenance costs for customers.
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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 ? | 17.2% | 25% | 50.0 ptsMeets Minimum (17.2%) - Passes screener |
| Target Price Upside ? | 14.7% | 20% | 50.0 ptsMeets Minimum (14.7%) - Target: $399.90 vs Current: $348.59 |
| Gross Margin % ? | 35.2% | 15% | 60.0 ptsSolid (35.2%) - Decent margins |
| Drawdown from 52-Wk High ? | -9.0% | 15% | 20.0 ptsBarely a Dip (-9.0%) - 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.