|Bid||0.00 x 1000|
|Ask||0.00 x 1200|
|Day's Range||192.36 - 196.40|
|52 Week Range||176.87 - 259.77|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||26.30|
|Earnings Date||Jan 29, 2019|
|Forward Dividend & Yield||5.44 (2.84%)|
|1y Target Est||202.67|
Boeing stock looked like a strong buy even before the positive trade talk news between the world's two largest economies.
Stanley Black & Decker: What to Expect from Its Q4 EarningsStanley Black & Decker’s upcoming earnings Stanley Black & Decker (SWK) is scheduled to announce its fourth-quarter earnings on January 22 before the market opens. The company
Nobel Laureates will discuss the Future of Learning on Jan. 19, 2019, during a Nobel Prize Dialogue event that will be held for the first time in Latin America. Nobel Media is arranging the event in cooperation with Future Challenges, Science, Technology and Innovation Commission with the support of 3M and other Nobel International Partners. “This partnership is really exciting for our 3M science community as we jointly focus on educating, inspiring, and engaging a broader audience on big issues that impact people’s lives around the world,” said Kourosh Motalebi, 3M International Operations, leading 3M - Nobel Strategic Relationship.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
3M (MMM) and Eckhart launch the 3M ATS solution, which uses collaborative robot technology to automate the manual processes that involve 3M Attachment Tapes.
NEW YORK, NY / ACCESSWIRE / January 16, 2019 /U.S. markets rose on Tuesday as Netflix helped push the tech sector higher after announcing it would raise the price of its monthly membership. Tech giants ...
3M , a global leader in consumer and industrial material sciences, and Eckhart, an Industry 4.0 solutions pioneer, today announced the successful launch of the 3M™ Automated Taping System , a collaborative robot-based automated tape application system jointly developed by both companies for the automotive and industrial market.
GE Transportation-Wabtec Merger Gets Another Step CloserDOJ approvalGeneral Electric’s (GE) transportation unit and Wabtec got another step closer toward their proposed $11.1 billion merger with approval from the US Department of Justice (or
These funds may not shine in the headiest of bull markets, but their managers excel at picking stocks when the markets are volatile and risks abound. It’s time to give them a look.
On January 9, 3M (MMM) announced that it has entered into a collaboration with ON Semiconductor to improve the road safety. ON Semiconductor’s image sensing technology and 3M’s roadway safety experience should improve the navigation for vehicles that are equipped with automated driving features.
Will Restructuring Initiatives Put GE Back on Growth Trajectory? (Continued from Prior Part) ## Attractive valuation Last year’s ~57% plunge in General Electric (GE) stock has made its valuation attractive in the industrial sector. At current market prices, GE trades at a PE ratio of 9.96x, a significant discount to the industrial sector’s (XLI) PE ratio of 24.32x. The stock also trades at a lower PE multiple to its top peers. The company’s main competitors such as Honeywell International (HON), 3M Company (MMM), and United Technologies (UTX) are trading at PE multiples of 16.77x, 19.50x, and 14.65x, respectively. Furthermore, based on analysts’ next-12-month earnings projections, GE is trading at a discount to competitors. Forward PE ratios for GE, HON, MMM, and UTX are pegged at 8.91x, 16.70x, 17.68x, and 13.71x, respectively. The PE valuation multiple is used widely because of its simplicity, but the measurement has some flaws. For example, earnings of a company can be easily manipulated, thus making the ratio meaningless. Therefore, we’ll compare these companies based on EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple. Currently, GE has an EV-to-EBITDA ratio of 31.54x, which is higher than HON, MMM, and UTX’s EV-to-EBITDA multiple of 10.87x 15.10x, and 10.87x, respectively. However, based on analysts’ next-12-month EBITDA estimates, GE is trading at a discounted EV-to-EBITDA multiple against HON and MMM, while at a premium to UTX. Forward EV-to-EBITDA ratios of GE, HON, MMM, and UTX are pegged at 9.40x, 11.85x, 12.38x, and 8.71x, respectively. ## Analysts’ rating and target price GE has received a consensus “hold” recommendation from analysts polled by Reuters. Of the 20 analysts tracking the stock, four recommended a “strong buy,” five recommended a “buy,” nine recommended a “hold,” and the remaining two recommended a “strong sell.” Analysts have lowered their target price and EPS estimates for General Electric since its third-quarter results. The stock’s current 12-month consensus target price of $12.37 is ~20% lower than its target price of $15.50 on October 30, the day it reported its third-quarter results. The mean estimate for GE’s 2018 EPS fell to $0.71 from $0.83 on October 30. The company’s 2019 EPS estimate has been revised downward to $0.85 from $0.93. Browse this series on Market Realist: * Part 1 - GE Was Worst Performer in the Industrial Sector Last Year * Part 2 - Will Restructuring Initiatives Bring GE Back to Growth Trajectory? * Part 3 - Aviation Segment to Drive GE’s Revenues in 2019
Investing.com - After a double dose of dispiriting news in the previous session, the market bounced back sharply Friday on a trifecta of positives: Powell, jobs and China.
Will Restructuring Initiatives Put GE Back on Growth Trajectory? In mid-November 2018, General Electric’s (GE) newly appointed CEO Larry Culp announced a leadership shuffle to help turn around the company’s ailing Power business. The leadership shuffle includes bringing back former GE executive John Rice from retirement to be the chair of the newly structured gas power business.
On January 3, Honeywell (HON) announced that it had bagged a project to modernize the Kunsan Air Base, a US Air Force base in South Korea. Honeywell expects the project to be completed in November 2020. Further, there will be lighting improvements and water conservation measures.