Currently, General Motors Company [GM] is trading at $52.07, down -1.23%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GM shares have gain 5.88% over the last week, with a monthly amount glided 13.67%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
General Motors Company [NYSE: GM] stock has seen the most recent analyst activity on October 11, 2024, when DZ Bank downgraded its rating to a Hold but kept the price target unchanged to $49 for it. Previously, Morgan Stanley downgraded its rating to Underweight on September 25, 2024, and dropped its price target to $42. On September 23, 2024, downgrade downgraded it’s rating to Mkt Perform but maintained its price target of $53 on the stock. Nomura downgraded its rating to Reduce for this stock on August 05, 2024. In a note dated July 24, 2024, Morgan Stanley downgraded an Equal-Weight rating on this stock and boosted its target price from $46 to $47.
This stock has fluctuated between a low of $26.30 and a high of $54.29 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $63.69 within the next 12 months. General Motors Company [NYSE: GM] shares were valued at $52.07 at the most recent close of the market. An investor can expect a potential return of 22.32% based on the average GM price forecast.
Analyzing the GM fundamentals
Trailing Twelve Months sales for General Motors Company [NYSE:GM] were 182.72B which represents 10.48% growth. Gross Profit Margin for this corporation currently stands at -0.08% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.16 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.8.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 51.52 points at the first support level, and at 50.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.02, and for the 2nd resistance point, it is at 53.96.
Ratios To Look Out For
To put it in perspective, the Current Ratio for General Motors Company [NYSE:GM] is 1.21. Further, the Quick Ratio stands at 1.03, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 0.31, the price to book ratio is 0.81 and price to earnings (TTM) ratio is 5.56.
Transactions by insiders
Recent insider trading involved Harvey Rory, Executive Vice President, that happened on Oct 23 ’24 when 9307.0 shares were sold. Chair & CEO, Barra Mary T completed a deal on Oct 23 ’24 to sell 0.51 million shares. Meanwhile, Officer RORY HARVEY bought 9307.0 shares on Oct 23 ’24.
