Stock to Keep Your Eyes on: General Electric Company (NYSE:GE)

General Electric Company (NYSE:GE) reported earnings for the three months ended Mar2016 on April 22, 2016. The company earned $0.21 per share on revenue of $27.6B. Analysts had been modeling earning per share of $0.19 with $27.62B in revenue.

General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. Its Renewable Energy segment provides wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. The company’s Oil and Gas segment provides turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. Its Energy Management segment offers industrial and grid solutions; and power conversion systems. The company’s Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and provides aftermarket services. Its Healthcare segment offers diagnostic imaging and clinical systems; products and services for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. The company’s Transportation segment provides freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, stationary power diesel engines and motors, and overhaul, repair, and upgrade services. Its Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. The company’s Capital segment offers commercial lending and leasing, factoring, energy financial services, and aircraft financing and leasing services. General Electric Company was founded in 1892 and is headquartered in Fairfield, Connecticut.

General Electric Company earnings per share showed a decreasing trend of -82.3% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 175%.Analysts project EPS growth over the next 5 years at 12.72%. It has EPS annual decline over the past 5 fiscal years of -32% when sales declined -4.7. It reported 6.1% sales growth, and 104.8% EPS growth in the last quarter.

The stock is trading at $30.23, up 59.91% from 52-week low of $19.37. The stock trades down -5.68% from its peak of $32.05 and 8.47% above the consensus price target of $32.79. Its volume clocked up at 30.29 million shares which is lower than the average volume of 31.06 million shares. Its market capitalization currently stands at $276.97B.