GE HealthCare: Good Growth Prospects At A Reasonable Valuation

GS Analytics
3.23K Followers

Summary

  • GE HealthCare Technologies' revenue growth is expected to benefit from price increases, healthy end-market demand, and increasing digitization in healthcare.
  • The company reported better-than-expected Q2 2023 earnings, with revenue increasing by 9.1% organically and adjusted EPS growing by 12.2%.
  • GE HealthCare's revenue growth is supported by price increases, volume growth, backlog execution, and new product innovations. The company is well-positioned to capture opportunities in precision care and digitization in healthcare.

China Health Expo Held In Wuhan

Getty Images

Investment Thesis

GE HealthCare Technologies' (NASDAQ:GEHC) revenue growth should benefit from price increases, and good volume growth due to healthy end-market demand for procedures, and long-term secular demand trends arising from increasing digitization in healthcare. In addition, revenue growth should also

This article was written by

3.23K Followers
We focus on GARP (Growth at reasonable Price) opportunities in industrial, consumer, and technology sectors. We are among the top 50 financial experts (Out of ~39,000 tracked) as measured by Tipranks based on the consistency of our stock recommendations and returns generated https://www.tipranks.com/experts/bloggers/gs-analytics. Please click the "Follow" button to receive our latest research. If you have any questions, feel free to reach out to us through the comments section of our articles or SA messaging functionality.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This article is written by Saloni V.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About GEHC Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on GEHC

Related Stocks

SymbolLast Price% Chg
GEHC
--