In the preceding three months, 15 analysts have released ratings for General Motors GM, presenting a wide array of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 7 | 5 | 2 | 1 | 0 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 3 | 2 | 0 | 1 | 0 |
| 3M Ago | 4 | 3 | 2 | 0 | 0 |
Analysts have set 12-month price targets for General Motors, revealing an average target of $48.95, a high estimate of $95.00, and a low estimate of $27.00. This current average has decreased by 2.59% from the previous average price target of $50.25.
Decoding Analyst Ratings: A Detailed Look
The perception of General Motors by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Itay Michaeli | Citigroup | Raises | Buy | $95.00 | $90.00 |
| Wesley Brooks | HSBC | Announces | Buy | $41.30 | - |
| Vijay Rakesh | Mizuho | Raises | Buy | $42.00 | $38.00 |
| Tom Narayan | RBC Capital | Raises | Outperform | $54.00 | $48.00 |
| Daniel Ives | Wedbush | Lowers | Outperform | $40.00 | $46.00 |
| Colin Langan | Wells Fargo | Raises | Underweight | $27.00 | $25.00 |
| Dan Levy | Barclays | Announces | Overweight | $37.00 | - |
| Adam Jonas | Morgan Stanley | Lowers | Overweight | $40.00 | $41.00 |
| Vijay Rakesh | Mizuho | Lowers | Neutral | $38.00 | $40.00 |
| Tom Narayan | RBC Capital | Raises | Outperform | $48.00 | $47.00 |
| Dan Levy | Barclays | Lowers | Equal-Weight | $37.00 | $42.00 |
| Michael Ward | Benchmark | Maintains | Buy | $60.00 | - |
| Mark Delaney | Goldman Sachs | Lowers | Buy | $42.00 | $47.00 |
| Itay Michaeli | Citigroup | Lowers | Buy | $90.00 | $95.00 |
| Patrick Hummel | UBS | Lowers | Buy | $43.00 | $44.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to General Motors. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of General Motors compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of General Motors's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on General Motors analyst ratings.
Get to Know General Motors Better
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 U.S. market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021, with share up 170 basis points to 16.4%, a full percentage point ahead of Toyota. 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. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.
General Motors's Economic Impact: An Analysis
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Positive Revenue Trend: Examining General Motors's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.35% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: General Motors's net margin excels beyond industry benchmarks, reaching 6.88%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): General Motors's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.16%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.09%, the company showcases effective utilization of assets.
Debt Management: General Motors's debt-to-equity ratio surpasses industry norms, standing at 1.6. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Understanding the Relevance of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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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