Analyst Ratings for General Motors Co. (GM)Updated: 2017-07-28
An average rating of Overweight has been given to General Motors Co. (NYSE:GM) by analysts covering the stock. Last month, GM received an average rating of Overweight.
A buy rating was issued by 10 analysts, 1 gave an overweight rating, 15 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for GM. The most optimistic price target was 52, implying a possible profit of 44.69 percent. The lowest price target was 31, which equates to a potential downside of -13.75 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.41 percent. That number becomes -11.66 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.4 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.37 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
GM has an estimated earnings growth rate of -2.89 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of GM is -1.98.
GM has a 52-week high of 38.55 and a 52-week low of 29.82. The current market price is above the trailing year's low by 20.52 percent, and 6.77 percent lower than its 52-week high. GM has a price/earnings ratio of 5.71. Investors typically compare the P/E ratio to a company's peers in the industry. The GM value stock report compares GM to some of its peers using value stock charts. The stock has a market capitalization of $52.37 billion. GM's next earnings release will be on 0000-00-00, which is days away.