Is General Motors Company (NYSE: GM) The Best Stock To Invest In?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that NPS Completes $17.5M Series B Funding for Software-Defined Radar Led by Cota Capital with Key Strategic Investment from GM Ventures and RTX Ventures.

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Stocks Info

General Motors Company is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Auto Manufacturers industry. The current market capitalization of General Motors Company is $49.71B. A total of 9.37 million shares were traded on the day, compared to an average of 18.24M shares.

In the most recent transaction, Harvey Rory sold 5,100 shares of GM for 43.04 per share on Mar 21 ’24. After the transaction, the Executive Vice President now owns 12,658 company shares. In a previous transaction on Mar 20 ’24, Hatto Christopher sold 6,000 shares at 42.01 per share. GM shares that Vice President & CAO owns now total 15,507.

Among the insiders who sold shares, Glidden Craig B. disposed of 52,433 shares on Feb 26 ’24 at a per-share price of $40.09. This resulted in the Executive Vice President & GC holding 224,326 shares of GM after the transaction. In another insider transaction, Hatto Christopher sold 15,510 shares at $40.02 per share on Feb 26 ’24. Company shares held by the Vice President & CAO now total 21,507.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. General Motors Company pays an annual dividend of $0.39, resulting in a dividend yield of 0.91%, and it has a price to earnings (P/E) ratio of 5.89. GM’s most recent ex-dividend date was 2/29/2024 when it declared a $0.12 quarterly dividend that was paid in cash on 3/14/2024. Previously, the company paid the dividend on 12/14/2023 with an ex-dividend date of 11/30/2023. The GM stock dividend was $0.09 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, GM has a high of $43.59 and a low of $26.30.

As of this writing, GM has an earnings estimate of $1.87 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $2.24 per share and a lower estimate of $1.55. The company reported an EPS of $2.28 in the last quarter, which was 23.90% higher than expectations of $1.84.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GM’s latest balance sheet shows that the firm has $28.68B in Cash & Short Term Investments as of fiscal 2021. There were $110.39B in debt and $74.41B in liabilities at the time. Its Book Value Per Share was $53.57, while its Total Shareholder’s Equity was $65.81B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GM is Buy with a score of 4.05.

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