Earnings Around the Corner for General Electric Company (NYSE:GE)

Earnings is just around the corner for General Electric Company (NYSE:GE) as the firm is slated to issue their report on 10/21/2016 8:30:00 AM.  The firm has most recently posted quarter over quarter growth of 129.60% and sales growth of 14.60% quarter over quarter.  

In terms of the trend lines, General Electric Company (NYSE:GE) shares are currently -11.76% off of their 52-week high and 9.14% off from the 52-week low point.  The stock is -3.46% from the 200-day moving average and -4.54% from the 50-day average.  The Relative Strength Index for the stock stands at 33.13.

Increased volatility should be expected heading into and immediately after the General Electric Company (NYSE:GE) earnings report.  According to the most recent data, the average true range stands at 0.38 which is a measure of the most recent volatility.  The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low).  The average volatility for the week stands at 1.10% and 1.14% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 0.73.  

Potential Upside

So is there any potential upside for the stock if General Electric Company is able to meet or beat earnings?  Analysts, on a consensus basis have a $33.13 on the stock, compared to a recent bid of $28.90.  The average broker recommendation yields a score of 2.30, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.  


Heading into the earnings report, 0.05% shares are held by company insiders.  On the institutional front, 57.40% of General Electric Company (NYSE:GE) are owned by firms or funds.  Over the past few months, insider transactions have trended 2.98% while institutions saw a change of 0.02% in company stock. 


Year to date, General Electric Company (NYSE:GE) holders have seen returns of -5.46%.  Over the past month the stock moved -2.38% and most recently shares over the past five trading days have moved -1.71%.

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