General Motors Company (GM): These Numbers Show Where NYSE:GM Stock Is Going Next

General Motors Company (NYSE: GM) is 46.09% higher on its value in year-to-date trading and has touched a low of $20.12 and a high of $63.44 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GM stock was last observed hovering at around $61.94 in the last trading session, with the day’s loss setting it -1.11% off its average median price target of $65.50 for the next 12 months. It is also 28.44% off the consensus price target high of $85.00 offered by 20 analysts, but current levels are -21.66% lower than the price target low of $50.00 for the same period.

The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Currently trading at $60.83, the stock is 5.14% and 10.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.07 million and changing -1.79% at the moment leaves the stock 53.78% off its SMA200. GM registered 211.15% gain for a year compared to 6-month gain of 96.48%. The firm has a 50-day simple moving average (SMA 50) of $55.24 and a 200-day simple moving average (SMA200) of $44.83.

The stock witnessed a 10.64% loss in the last 1 month and extending the period to 3 months gives it a 46.02%, and is 3.97% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.08% over the week and 3.74% over the month.

General Motors Company (GM) has around 155000 employees, a market worth around $87.14B and $122.48B in sales. Current P/E ratio is 14.07 and Fwd P/E is 9.70. Profit margin for the company is 5.10%. Distance from 52-week low is 202.33% and -4.11% from its 52-week high. The company has generated returns on investments over the last 12 months (3.10%).

General Motors Company (GM) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for General Motors Company (GM) is a “Buy”. 20 analysts offering their recommendations for the stock have an average rating of 1.80, where 2 rate it as a Hold and 1 think it is a “Overweight”. 17 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

General Motors Company is expected to release its quarterly report on 07/28/2021 and quarterly earnings per share for the current quarter are estimated at $0.97 with sales reaching $33.15B over the same period.The EPS is expected to shrink by -5.30% this year, but quarterly earnings will post 13.30% year-over-year. Quarterly sales are estimated to grow 1.30% in year-over-year returns.

General Motors Company (GM) Top Institutional Holders

1,454 institutions hold shares in General Motors Company (GM), with 71.54M shares held by insiders accounting for 4.97% while institutional investors hold 85.44% of the company’s shares. The shares outstanding are 1.44B, and float is at 1.37B with Short Float at 1.34%. Institutions hold 81.20% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 106.3 million shares valued at $4.43 billion. The investor’s holdings represent 7.38% of the GM Shares outstanding. As of Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 90.64 million shares valued at $3.77 billion to account for 6.29% of the shares outstanding. The other top investors are Capital Research Global Investors which holds 90.12 million shares representing 6.25% and valued at over $3.75 billion, while Capital World Investors holds 5.61% of the shares totaling 80.81 million with a market value of $3.36 billion.

General Motors Company (GM) Insider Activity

A total of 91 insider transactions have happened at General Motors Company (GM) in the last six months, with sales accounting for 55 and purchases happening 36 times. The most recent transaction is an insider sale by MOTT RANDALL D ,the company’sExecutive Vice President & CIO. SEC filings show that MOTT RANDALL D sold 60,000 shares of the company’s common stock on Apr 06 at a price of $62.03 per share for a total of $3.72 million. Following the sale, the insider now owns 0.12 million shares.

General Motors Company disclosed in a document filed with the SEC on Apr 06 that Carlisle Stephen K. (Executive Vice President) sold a total of 18,565 shares of the company’s common stock. The trade occurred on Apr 06 and was made at $61.91 per share for $1.15 million. Following the transaction, the insider now directly holds 59038.0 shares of the GM stock.

Still, SEC filings show that on Apr 05, MOTT RANDALL D (Executive Vice President & CIO) disposed off 10,000 shares at an average price of $60.00 for $0.6 million. The insider now directly holds 116,113 shares of General Motors Company (GM).

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

General Motors Company (GM): Who are the competitors?

The company’s main competitors (and peers) include Toyota Motor Corporation (TM) that is trading 26.38% up over the past 12 months and Gentex Corporation (GNTX) that is 54.47% higher over the same period. Tesla Inc. (TSLA) is 549.86% up on the 1-year trading charts. Short interest in the company’s stock has risen 8.58% from the last report on Mar 14, 2021 to stand at a total of 18.32 million short shares sold with a short interest ratio of 0.88.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free