Currently, there are 1.10B common shares owned by the public and among those 1.10B shares have been available to trade.
The company’s stock has a 5-day price change of 7.93% and 9.13% over the past three months. GM shares are trading 1.16% year to date (YTD), with the 12-month market performance up to 55.84% higher. It has a 12-month low price of $34.32 and touched a high of $61.24 over the same period. GM has an average intraday trading volume of 11.53 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.40%, 0.28%, and 11.74% respectively.
Institutional ownership of General Motors Company (NYSE: GM) shares accounts for 86.47% of the company’s 1.10B shares outstanding.
It has a market capitalization of $59.26B and a beta (3y monthly) value of 1.42. The stock’s trailing 12-month PE ratio is 5.75, while the earnings-per-share (ttm) stands at $9.37. The company has a PEG of 0.33 and a Quick Ratio of 1.03 with the debt-to-equity ratio at 1.80. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.99% over the week and 2.90% over the month.
Analysts forecast that General Motors Company (GM) will achieve an EPS of 1.79 for the current quarter, 2.53 for the next quarter and 10.75 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.25 while analysts give the company a high EPS estimate of 1.25. Comparatively, EPS for the current quarter was 1.24 a year ago. Earnings per share for the fiscal year are expected to increase by 35.46%, and 3.95% over the next financial year. EPS should grow at an annualized rate of 17.19% over the next five years, compared to 5.58% over the past 5-year period.
Looking at the support for the GM, a number of firms have released research notes about the stock. Deutsche Bank stated their Buy rating for the stock in a research note on January 21, 2025, with the firm’s price target at $60. HSBC Securities coverage for the General Motors Company (GM) stock in a research note released on December 11, 2024 offered a Hold rating with a price target of $58. Morgan Stanley was of a view on December 10, 2024 that the stock is Equal-Weight, while DZ Bank gave the stock Hold rating on October 11, 2024, issuing a price target of $49. Morgan Stanley on their part issued Underweight rating on September 25, 2024.
