What Are The Chances Of General Motors Company (NYSE: GM) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NYSE listed company, GM falls under the Consumer Cyclical sector while operating within the Auto Manufacturers industry segment. The current market capitalization of General Motors Company is $51.82B. A total of 13.05 million shares were traded on the day, compared to an average of 18.39M shares.

In the most recent transaction, Glidden Craig B. sold 50,280 shares of GM for 45.24 per share on Mar 28 ’24. After the transaction, the Executive Vice President & GC now owns 174,046 company shares. In a previous transaction on Mar 28 ’24, Johnson Gerald sold 27,122 shares at 45.26 per share. GM shares that Executive Vice President owns now total 71,506.

Among the insiders who sold shares, Hatto Christopher disposed of 3,500 shares on Mar 28 ’24 at a per-share price of $45.00. This resulted in the Vice President & CAO holding 12,007 shares of GM after the transaction. In another insider transaction, Harvey Rory sold 5,100 shares at $43.04 per share on Mar 21 ’24. Company shares held by the Executive Vice President now total 12,658.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. General Motors Company pays an annual dividend of $0.39, resulting in a dividend yield of 0.87%, and it has a price to earnings (P/E) ratio of 6.14. 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, GM has a high of $45.73 and a low of $26.30.

As of this writing, GM has an earnings estimate of $2.04 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $2.43 per share and a lower estimate of $1.68. 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

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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

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. 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.

Most Popular

Related Posts