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 maximum price target given was 52, implying a possible profit of 44.69 percent. The most pessimistic analyst gave a price target of 31, implying potential capital losses of -13.75 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.41 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -11.66 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.4 percent, compared to last month. 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. Over the past month, 2 analysts increased their quarterly estimates, 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 decreased their estimates.
GM has an estimated earnings growth rate of -2.89 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. GM has a PEG ratio of -1.98.
GM has traded between a high of 38.55 and a low of 29.82 over the past year. 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 P/E 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.