Throughout the last three months, 11 analysts have evaluated General Motors GM, offering a diverse set of opinions from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 3 | 2 | 4 | 0 |
Last 30D | 0 | 0 | 1 | 1 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 3 | 1 | 2 | 0 |
3M Ago | 2 | 0 | 0 | 1 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $48.0, along with a high estimate of $64.00 and a low estimate of $32.00. Experiencing a 0.46% decline, the current average is now lower than the previous average price target of $48.22.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of General Motors among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Colin Langan | Wells Fargo | Lowers | Underweight | $33.00 | $34.00 |
Edison Yu | Deutsche Bank | Announces | Hold | $53.00 | - |
Tom Narayan | RBC Capital | Lowers | Outperform | $54.00 | $58.00 |
Anindya Das | Nomura | Announces | Reduce | $34.00 | - |
Daniel Ives | Wedbush | Maintains | Outperform | $55.00 | $55.00 |
Colin Langan | Wells Fargo | Raises | Underweight | $34.00 | $32.00 |
Ryan Brinkman | JP Morgan | Raises | Overweight | $61.00 | $60.00 |
Adam Jonas | Morgan Stanley | Raises | Equal-Weight | $47.00 | $46.00 |
Patrick Hummel | UBS | Raises | Buy | $64.00 | $61.00 |
Colin Langan | Wells Fargo | Raises | Underweight | $32.00 | $30.00 |
Patrick Hummel | UBS | Raises | Buy | $61.00 | $58.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to General Motors. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of General Motors compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of General Motors's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into General Motors's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on General Motors analyst ratings.
Discovering General Motors: A Closer Look
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its us market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021. 2023's share was 16.5%. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. It restarted service in 2024 but not in California. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.
Financial Insights: General Motors
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: General Motors displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 7.2%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: General Motors's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 6.09%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): General Motors's ROE excels beyond industry benchmarks, reaching 4.32%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.04%, the company showcases effective utilization of assets.
Debt Management: With a high debt-to-equity ratio of 1.84, General Motors faces challenges in effectively managing its debt levels, indicating potential financial strain.
The Core of Analyst Ratings: What Every Investor Should Know
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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