GE HealthCareGEHC
Market Cap: $38.9B
About: GE HealthCare Technologies is a leading medical technology firm with leading market share in imaging and ultrasound equipment. The company reports four major segments: imaging (54% of revenue), ultrasound (18%), patient care solutions (16%), and pharmaceutical diagnostics (12%). The company's sales are geographically diverse, with the United States, EMEA, China, and the rest of the world accounting for 44%, 26%, 14%, and 16% respectively. We estimate approximately half of its revenue is recurring, which consists of servicing (33% of revenue), pharmaceutical diagnostics (12%), and digital solutions (6%).
Employees: 51,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
59% more call options, than puts
Call options by funds: $341M | Put options by funds: $214M
33% more repeat investments, than reductions
Existing positions increased: 496 | Existing positions reduced: 374
0.45% more ownership
Funds ownership: 81.16% [Q1] → 81.62% (+0.45%) [Q2]
4% less funds holding
Funds holding: 1,225 [Q1] → 1,180 (-45) [Q2]
14% less capital invested
Capital invested by funds: $33.6B [Q1] → $29B (-$4.55B) [Q2]
32% less first-time investments, than exits
New positions opened: 95 | Existing positions closed: 140
43% less funds holding in top 10
Funds holding in top 10: 14 [Q1] → 8 (-6) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Stifel Rick Wise 68% 1-year accuracy 19 / 28 met price target | 18%upside $100 | Buy Initiated | 6 Aug 2024 |
Financial journalist opinion
Based on 7 articles about GEHC published over the past 30 days