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.
A number of analysts gave price targets for GM. The maximum price target given was 52, which equates to a potential upside of 44.69 percent. The most pessimistic analyst gave a price target of 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. The average change in earnings estimates over the last 90 days is -11.66 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.4 percent. If we look at the last 90 days instead, we find a net average change of 0.37 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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 made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of GM to grow at a rate of -2.89 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. GM has a PEG ratio of -1.98.
In the trailing 52-weeks, GM hit 38.55 at the highest peak, while it's lowest trading point was 29.82. Currently the stock is 20.52 percent higher than its low, 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 market cap of GM is $52.37 billion. GM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.