YTD Performance: General Motors Company (NYSE:GM) Stock Rose by 11.75%‎

The Benchmark Company rated the General Motors Company (NYSE: GM) stock “a Buy” and gave the ‎company’s common stock a price target of $51. The Benchmark Company’s estimates were contained ‎in a research note released on Monday, December 21, 2020. Several other experts on Wall Street have ‎posted such reports regarding the GM shares. According to JP Morgan, the stock is “an Overweight,” ‎and set its price target at $37. JP Morgan published their figures in a research note released to ‎investors on Wednesday, September 09, 2020. These scores were published in a research note the ‎firm released on Friday, June 12, 2020.


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Wall Street analysts tracking the General Motors Company (NYSE: GM) stock on daily basis. Out of 17 ‎analysts, 13 deeming the stock a Buy and 2 gave it a rating of OVERWEIGHT. Another 2 recommended ‎that GM is a HOLD, while 0 rated it UNDERWEIGHT and the same number recommended SELL. If we ‎look at the broader picture, the above ratings give the stock an average analyst rating of 1.90.‎

General Motors Company has a market valuation of $60.00 billion and last released its earnings reports ‎on 11/05/2020, for the quarterly period ended on Sep 2020. The company’s revenue for the quarter ‎stood at $35.48 billion. GM Company also reported its earnings per share (EPS) as $2.83 for the quarter, ‎which beat consensus estimates by analysts of $1.38 by $1.45, surprisingly 105.10% higher.‎

The stock market has more often than not ended up being extremely baffling, catching even some of ‎the more experienced traders by surprise. It happens that even when results are as projected, the ‎market sometimes just takes a sudden turn towards the opposite direction. Often such events lead to ‎doubt and much speculation. At such time, it may pay to keep tabs on a stock’s historical price ‎performance. Useful also would be knowledge of the stock’s trends, both the short term and long-‎term. General Motors Company (NYSE: GM) share prices have decreased by -1.82% over the past ‎week, but are up 39.40% over prices posted in the last quarter. Going further back, the stock’s price ‎has tanked 61.79% over the last 6 months but is up 11.75% in year-to-date trading.‎

A recent spot check on the stock’s support and resistance revealed that the publicly-traded General ‎Motors Company (NYSE: GM) shares are trading at a price close to -12.44% lower than its 90-day high. ‎On the other hand, the stock is +44.83% away from its low in the 90-day period. More broadly, GM’s ‎current price is -12.44% away from 52-week high. The price is 185.51% above from its 52-week low.‎

For regular shareholders interested in finding out how worthwhile it would be to invest in the ‎company, then note that General Motors Company has an ROE of 7.80%. An analysis will help ‎understand that the lower the ROE figure; the worse a company is when it comes to generating ‎profits. The term Return on Assets (ROA) is a ratio that points to a businesses’ profitability relative to ‎overall assets. The company under our focus has a current ROA of 1.40%. If a business manages its ‎assets well, then the ROA will be higher. However, the opposite will be true (lower returns) if that ‎business is shown to be poor managers of their assets. A look at another ratio shows that General ‎Motors Company has a Return on Investment (ROI) of 3.20%. When profits exceed costs, then the ROI ‎percentage will be positive, and analysts will rate such business as having a net gain. However, if the ‎percentage index is negative, then the company’s costs basically outweigh profits.‎

Focusing on the company’s market volatility shows that it has a 1-Week Volatility index of 2.67%, and ‎‎2.58% for the month. This stock’s Average True Range (ATR) currently stands at 1.23, with the beta ‎factor poised at 1.45. The indicator of Volatility helps exhibit the extent to which a stock is likely to ‎plummet or climb when the rest of the market also dips or surges. If a stock has a beta score above 1, ‎then its rate of volatility is high. Figures lower than 1, therefore, means that the stock’s volatility at that ‎particular moment is low.‎

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Shares of the General Motors Company (NYSE: GM) ‎dropped by -$0.31 during Tuesday’s regular trading session to climb to $40.90. The company had a daily ‎trading volume of 10.55 million shares, lower than its average intra-day trading volumes of about ‎‎15.05M shares.


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Peggy Goldman
Peggy Goldman, CFA, is an independent monetary author and speculator. I have worked for both sell-side and purchase side firms (values and fixed salary), with the biggest level of my working time spent in drug tech. Now I am presently viably in a “working retirement”.

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