General Electric to buy BK Medical in $1.45B deal

  • General Electric (NYSE:GE) has entered into an agreement to acquire BK Medical, a leader in advanced surgical visualization, from Altaris Capital Partners for $1.45B in cash.
  • The deal looks to help in GE Healthcare's expansion beyond diagnostics into surgical and therapeutic interventions.
  • GE Healthcare, which is the healthcare business of GE, expects BK Medical to deliver rapid revenue growth as well as margin expansion and free cash flow growth.
  • The company expects high-single-digit return on invested capital by year five.
  • "Adding the fast-growing and relatively new field of real-time surgical visualization to GE's pre- and post-operative Ultrasound capabilities will create an end-to-end offering through the full continuum of care-from diagnosis through therapy and beyond," GE Healthcare Ultrasound President and CEO Roland Rott said.
  • The deal is expected to close in 2022.

    Over the current book year the company from Boston could achieve a revenue around 77.08 billion USD (consensus estimates). This is slightly lower than 2021's revenue of 79.62 billion USD.

    Historical revenues and results General Electric plus estimates 2021

    aandelenanalyses

    The analysts expect for 2021 a net profit of 2.25 billion USD. For this year the consensus of the result per share is a profit of 2.04 USD. The price/earnings-ratio therefore equals a very high 51.87.

    Per share the analysts anticipate on a dividend of 32 cents per share. Thus the dividend yield equals 0.3 percent. The average dividend yield of the diversified companies equals an attractive1.97 percent.

    General Electric 's market capitalization is based on the number of outstanding shares around 115.59 billion USD. 108

    On Friday the stock closed at 105.82 USD.

    Historical stock prices General Electric past 10 years

    stock analysis generalelectric

    ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
    news@valuespectrum.com

    Copyright analist.nl B.V.
    All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.

    • Other stock news
    Analysts anticipate for 2023 on revenue decrease General Electric
    India's largest airline picks GE-Safran engines for 310 new Airbus planes
    Analysts: less sales General Electric
    Analysts foresee less revenue General Electric
    General Electric Stock: Is There Any Hope?
    Analysts expect over 2018 rising revenue General Electric, huge dividend
    2012 best year, 2008 worst year for General Electric
    Sector news
    Analysts expect revenue increase Renewi
    Analysts expect over 2024 revenue decrease 3M
    High dividend yield TKH Groep
    Solvay now in top highest dividend yields in Belgium
    Solvay among highest dividend stocks in Belgium
    Analysts expect record sales Aalberts N.V.
    Analysts expect over 2023 decreasing revenue Agfa-Gevaert
    National news
    NXP reaps benefits from FRAMOS collaboration
    Tesla net onder de 500.000 cars per year
    Analysts expect over 2024 revenue decrease Caterpillar
    Analysts expect sales decline Biogen
    Analysts anticipate for 2024 on revenue increase Cognizant
    Analysts expect over 2024 growing sales Colgate-Palmolive
    Analysts expect over 2024 revenue expansion Patterson-UTI Energy, relatively high dividend
    Press news
    Test News
    Business update for financial year 2023/2024, Deutsche Konsum REIT-AG on track in a challenging market environment
    PIERER Mobility AG: KTM AG takes a pit stop for the future and prepares application for a judicial restructuring proceeding with self-administration
    Extension of the TRATON Executive Board
    Phenolic Resins Market Set to Hit Valuation of US$ 15.92 Billion By 2032 | Astute Analytica
    Scaffold Technology Market Size Expected to Reach USD 8.58 Bn by 2034
    Folding E-Scooter Market Set for 2.6% CAGR Growth, Expected to Hit USD 852.9 Million by 2034 | Future Market Insights, Inc.
    Logoanalist
    Returns European stocks
    Crypto currencies information
    About us Network Partners
    Fpgroup.nlinfo@analist.nlRSS feedContactIntellectual Property Photos Analist.nlLinksISIN
  • Glossary
    		• MorningstarPrudena.comAAII.comNASDAQvwd GroupEuronextBATS Chi-xBats
    ©2024 ValueSpectrum. All Rights Reserved
    Developed and maintained by  Velainn logo