Around twenty-one different analysts have given the stocks of GM a rating of buy in a research report which was sent out to investors and clients. According to the report, two of the analysts have already given the stocks of the company a rating of sell, while one of them has given it a rating of hold. Around seventeen of them have issued the company a rating of buy. Currently, the average price target of the company calculated over a particular year has been $59.95.
The Stock Commentary Of GM
There have been quite a few research equities that have commented on the stocks of GM. Citigroup has already increased the price target of the company from $70 to $85 with a rating of buy in a 25th February research report. TheStreet also increased the rating of the company from c+ to b in a 10th February research report. Benchmark went ahead with a price target set at $51 with a rating of buy in a 21st December research report. In the end, Evercore ISI decided to give the company a price target of $62 to $65 with a rating of “outperform” in a Wednesday research note.
The stocks of GM traded on Thursday at $58.48. The debt-to-equity ratio of the company is 1.70, with a 0.97 quick ratio, along with a 1.11 current ratio. The year low of the company is $20.12, while the year high of the company is $63.44. The market cap of the firm is $84.26 billion, with a 26.22 PE ratio, and a 0.85 PEG ratio. The moving average price of the company over 50 days is $56.75, with the moving average price of the company over 200 days set at $46.33.
GM previously updated their quarterly data on the 9th of February. The manufacturer had also reported an EPS of $1.93 for that quarter which was more than the consensus estimate set at $1.60. The net margin of the company is 2.92%, with a 9.78% return on their equity. The revenue for the company is $37.50 billion, which is more than the consensus estimate of $36.34 billion.