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 minimum price target given was 31, implying a possible loss 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.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.37 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
The growth rate of GM's earnings is estimated by analysts to be -2.89 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. 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.
In the trailing 52-weeks, GM hit 38.55 at the highest peak, while it's lowest trading point was 29.82. The current market price is above the trailing year's low by 20.52 percent, and 6.77 percent below the 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 will post this quarters earnings in days, on 0000-00-00.