• Medical - Healthcare Information Services
  • Healthcare
GE HealthCare Technologies Inc. logo
GE HealthCare Technologies Inc.
GEHC · US · NASDAQ
82.37
USD
-1.03
(1.25%)
Company Overview

500 WEST MONROE STREET,CHICAGO IL 60661,203-360-4369

CEO

Mr. Peter J. Arduini

Employess

51000

Sector

Healthcare

Industry

Medical - Healthcare Information Services

Website

https://www.gehealthcare.com

GE HealthCare Technologies Inc. engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, Europe, the Middle East, Africa, China, Taiwan, Mongolia, Hong Kong, and internationally. The company operates through four segments: Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics. The Imaging segment offers molecular imaging, computed tomography (CT) scanning, magnetic resonance (MR) imaging, image-guided therapy, and X-ray systems, as well as women's health products. The Ultrasound segment provides screening, diagnosis, treatment, and monitoring of certain diseases through radiology and primary care, women's health, cardiovascular, and point of care and handheld ultrasound solutions, as well as surgical visualization and guidance products. The Patient Care Solutions segment involved in the provision of medical devices, consumable products, services, and digital solutions through patient monitoring, anesthesia delivery and respiratory care, diagnostic cardiology, and maternal infant care products. The Pharmaceutical Diagnostics supplies diagnostic agents, including CT, angiography and X-ray, MR, single-photon emission computed tomography, positron emission tomography, and ultrasound to the radiology and nuclear medicine industry. The segment also provides contrast media pharmaceuticals, administered to a patient prior to certain diagnostic scans to increase the visibility of tissues or structures during imaging exams; and molecular imaging agents, or radiopharmaceuticals, which are molecular tracers labeled with radioisotopes that are injected into a patient prior to a diagnostic imaging scan. The company was incorporated in 2022 and is headquartered in Chicago, Illinois.

Next Earnings Date

Oct. 29, 2024

Ex Dividends date

Aug. 15, 2024

Dividend Date

July 19, 2024

YTD Performance

7.86%

Fiscal Year End

12-31

IPO Date

2022-12-15

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue % 3.29% 4.44% 6.60%
EPS % -1.92% -12.45% -27.96%
Equity % % -21.47% -23.77%
Cash % % 35.88% 72.60%
Return On Capital (ROIC) % 9.49% 11.29% 9.82%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 1,120 15 110 132 0.0
Long Term Debt 8,750 8,230 327 336 0.0
LT Finance Leases 421 386 400 433 0.0
Shares Outstanding 455 454 455 455 455
Market Cap 35,200 26,500 27,300 27,300 27,300
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
3 Healthcare AI Stocks Positioned for Potential Breakthroughs
1 month

Markets tanked on Monday because the Japanese central bank raised its interest rate to 0.25%. Interest rates were originally at a benchmark between 0 and 0.1, meaning a minor 15- to 25-basis-point increase had significant consequences for investors who were making margin calls with Yen.

investorplace.com
GE HealthCare Q2 Earnings Recap (Rating Downgrade)
1 month

GE HealthCare's Q2 earnings were disappointing, with revenue stagnating and cost efficiencies driving earnings, leading to a lowered price target and sell rating. The company continues to lag behind the market in various healthcare sectors, with AI potential diminishing and a decreased focus on R&D. Upside potential lies in the healthcare market and AI technology, but GEHC's slow progress and competition pose challenges for future growth.

seekingalpha.com
Why GE HealthCare Technologies (GEHC) is a Top Value Stock for the Long-Term
2 months

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

zacks.com
GE HealthCare (GEHC) Q2 Earnings Beat Estimates, Net Margin Up
2 months

GE HealthCare's (GEHC) second-quarter results witness declining segmental revenues in imaging, ultrasound and patient care. The bottom line improves on better pricing.

zacks.com
GE HealthCare Stock Surges as Profits Beat Estimates, Despite China Sales Headwinds
2 months

GE HealthCare (GEHC) shares rose over 4% in early trading Wednesday after the company reported second-quarter profits that beat analysts' estimates.

investopedia.com
Here's What Key Metrics Tell Us About GE HealthCare (GEHC) Q2 Earnings
2 months

While the top- and bottom-line numbers for GE HealthCare (GEHC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

zacks.com
GE HealthCare Technologies (GEHC) Tops Q2 Earnings Estimates
2 months

GE HealthCare Technologies (GEHC) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.92 per share a year ago.

zacks.com
GE HealthCare's Stock Is Dropping After Earnings Beat. Here's Why.
2 months

GE HealthCare posts adjusted earnings per share of $1 in the second quarter, higher than estimates of 98 cents.

barrons.com
GE Healthcare's stock tumbles after revenue miss, free cash flow turns more negative
2 months

Shares of GE Healthcare Technologies Inc. GEHC tumbled 9.3% in premarket trading Wednesday, after the medical technologies and diagnostics company reported second-quarter revenue that missed expectations and cash flow that was more negative. Net income rose to $428 million, or 93 cents a share, from $418 million, or 91 cents a share, in the same period a year ago.

marketwatch.com
Will These 4 MedTech Stocks Beat Forecasts This Earnings Season?
2 months

Medical Device companies' quarterly results are likely to reflect strength in customer demand. Let's see how COR, XRAY, GEHC and GKOS are placed ahead of their earnings release.

zacks.com
Healthy Profits: 7 Healthcare Stocks to Build a Lifetime of Wealth
2 months

There are a whole host of reasons to invest in healthcare stocks over the long term. The United States has an aging population.

investorplace.com
What You Need To Know Ahead of GE HealthCare's Earnings
2 months

GE HealthCare (GEHC) will report earnings before markets open Wednesday, making it the last of the three former General Electric divisions to report for the quarter after GE Aerospace (GE) and GE Vernova (GEV).

investopedia.com