General Motors Company [GM] stock prices are up 0.70% to $50.34 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GM shares have lost -3.75% over the last week, with a monthly amount drifted -8.66%, and not 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 December 11, 2024, when HSBC Securities downgraded its rating to a Hold but kept the price target unchanged to $58 for it. Previously, Morgan Stanley upgraded its rating to Equal-Weight on December 10, 2024, and elevated its price target to $54. On October 11, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $49 on the stock. Morgan Stanley downgraded its rating to a Underweight and decreased its price target to $42 on September 25, 2024. Bernstein downgraded its rating to a Mkt Perform but $53 remained the price target by the analyst firm on September 23, 2024.
The stock price of General Motors Company [GM] has been fluctuating between $34.32 and $61.24 over the past year. Currently, Wall Street analysts expect the stock to reach $59.67 within the next 12 months. General Motors Company [NYSE: GM] shares were valued at $50.34 at the most recent close of the market. An investor can expect a potential return of 18.53% based on the average GM price forecast.
Analyzing the GM fundamentals
The General Motors Company [NYSE:GM] reported sales of 182.72B for trailing twelve months, representing a surge of 10.48%. Gross Profit Margin for this corporation currently stands at 0.12% 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 49.98 points at the first support level, and at 49.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.02, and for the 2nd resistance point, it is at 51.70.
Ratios To Look Out For
It’s worth pointing out that General Motors Company [NYSE:GM]’s Current Ratio is 1.21. As well, the Quick Ratio is 1.03, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 0.30, the price to book ratio is 0.78 and price to earnings (TTM) ratio is 5.37.
Transactions by insiders
Recent insider trading involved Harvey Rory, Executive Vice President, that happened on Nov 25 ’24 when 8919.0 shares were sold. Officer, RORY HARVEY completed a deal on Nov 25 ’24 to buy 8919.0 shares. Meanwhile, Executive Vice President & GC Glidden Craig B. sold 0.38 million shares on Nov 18 ’24.
