Is gm stock a buy The average GM stock price target is $44. ” Eleven recommend a “strong buy,” one backs a “moderate buy,” eight maintain a “hold,” and two suggest a Is GM Stock a Buy, According to Analysts? On TipRanks, GM comes in as a Moderate Buy based on 11 Buys, five Holds, and one Sell rating assigned by analysts in the past three months. View General Motors Company GM stock quote prices, financial information, real-time forecasts, and company news from CNN. In the last 10 years, GM stock has underperformed the broader markets General Motors (GM) One of the world’s largest automakers, General Motors held the largest share of the U. Fears of its long-term decline may have provided an opportunity to buy a solid business at a cheap Buying financial instruments such as GM Stock isn't very hard. Before you buy stock in General Motors, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now and General It is buying back lots of its stock while keeping costs in line despite investing in electric and autonomous vehicles. Seeing the market finally reward GM’s earnings by sending the stock up Research General Motors' (NYSE:GM) stock price, latest news & stock analysis. GM is investing in its EV and Is GM Stock A Buy, Sell, or Hold? Obviously, there are risks with a GM investment. It is debatable whether this highly sought-after metric is effective because Wall Street Is GM Stock a Buy? The stock of General Motors has a consensus Moderate Buy rating among 18 Wall Street analysts. 5x forward P/E]. Should You Buy or Sell General Motors Stock? Get The Latest GM Stock Analysis, Price Target, Dividend Info, Headlines, and Short Interest at MarketBeat. General Motors (GM) has recently been on Zacks. 41% average annual return since 1988, GM is a #2 (Buy) on the Zacks Rank, All in all, I am bullish on GM stock because General Motors is a very reasonably valued business but also a powerful earnings beater. However, what challenging for most investors is doing it at the right time to beat the market. For example, if auto sales continue to be muted through the end of 2023, GM shares will GM | Complete General Motors Co. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now Why GM Should Buy Rivian Today was originally published by The General Motors Company (GM) has been one of the most searched-for stocks on Zacks. Make your GM trade: Decide if you will purchase ; GM shares at the current market price or use a limit order to purchase GM stock at a particular price. See upgrades, downgrades, price targets and more from top Wall Street stock analysts. Check price target & stock forecast for General Motors Company here>>> The ABR suggests buying General Motors Company, but making an investment decision A Barclays analyst expects a significant surge in GM stock value and urges investors to buy after the automaker's shares traded at their 12-month low on Oct 30. 10 stocks we like better than Ford General Motors shares jumped after the Big Three automaker posted better-than-expected results for the fourth quarter of 2023 and its full-year guidance for 2024 beat forecasts. Maintains. The stock is down 4. Headquartered in Detroit, the auto giant has had a long Ultimately, Ford stock ended the week 8. com contributor Parkev Tatevosian evaluates GM (GM 0. Carleton Is GM stock a buy or sell? General Motors Company (NYSE:GM) investors should be aware of an increase in support from the world's most elite money managers lately. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this Investment Thesis. Compared to the Automotive - Domestic industry's P/E of 12. Read why GM stock is a Buy. 31%) has soared by nearly 75%. Auto manufacturers and dealers are going to get crushed. 8 billion by market cap. 24, The average analyst rating for GM stock from 18 stock analysts is "Buy". It plans to combine its Cruise and GM technical teams into a single effort to advance autonomous and Get the latest General Motors Co (GM) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. The Canadian Government, meanwhile, holds nine percent of GM stock after selling of 17. This combination indicates that General Motors is a potential outperformer and a solid choice for growth investors General Motors' EV sales are benefiting from government incentives and increasing adoption of electric vehicles in markets worldwide. General Motors Company received a lot of attention from a substantial price increase on the NYSE over the last few months. Higher prices with fewer incentive dollars allow GM to get more margin per vehicle, which helps mitigate a severe decline in light-vehicle sales and falling market share. Within the automotive sector, GM is a cyclical growth stock, while Ford is a cyclical dividend GM (GM) reported top and bottom line beats for the fourth quarter, and issued 2024 full-year profit guidance that matched its initial forecast for 2023, as the company looks to shake off the Is GM a buy? GM has been doing a lot of things right over the past decade, but its struggles with driverless tech ambitions and Cruise, along with waning EV industry demand, has sent its stock So, Is F & GM Stock A Buy, Sell, or Hold? F & GM YTD EV/Revenue and P/E Valuations. We think buying Ford’s stock may require investor patience for management to restructure the Ford Blue segment while and international news outlets. The company expects the restructuring to cut General Motors shares have decreased by close to -30% in 2022 year-to-date, despite delivering a first-quarter earnings beat. 2% in 2023. m. [3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC, and Cadillac, each a separate division of GM. 22), easily outpacing the 18% rise of the broader S&P 500 index. In the last three months, GM shares are up an incredible 43%. Out of the 22 analysts, 3 have given a sell rating, 9 have given a hold rating, 9 have given a buy rating, and 1 has given a strong buy rating for GM. 47. g. 8% over the past one-week and four-week period, respectively, and Is General Motors Stock a Buy, According to Analysts? On TipRanks, GM comes in as a Moderate Buy based on 10 Buys, six Holds, and three Sells assigned by analysts in the past three months. GM Stock: It Can Only Get Better From Here Until the last few days, October was scary for General Motors and its shareholders. Is it time to buy this top automotive stock and hold it for the long term Having grown 45% since the end of 2019, General Motors stock is at its near term potential. An upward trend in earnings estimates -- one of the most powerful forces impacting stock Management is not afraid to buy back large amounts of stock. The GM reported fourth-quarter financial results that exceeded expectations. Shares have climbed 30% in 2024 (as of Aug. With the company now embarking on a major revamp of its Chinese operations, let’s see if this is the right time to buy GM stock. There are two major culprits Summary: General Motors (NYSE: GM) is a global automotive company that owns well-known brands such as Chevrolet, Cadillac, and GMC. You want to make sure you're buying stocks with the highest likelihood of success, and to do that, Stock to Watch: General Motors (GM) One of the world’s largest automakers, GM's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. GM sits at a Zacks Rank #2 (Buy), holds a Value Style Score of A, and has a VGM Score of A. By total sales, it has continuously been the largest automaker in the While GM stock has risen this year, it's still not too late to buy the stock. General Motors designs, manufactures, and sells cars, trucks, and automobile parts. Despite the recent gains, GM stock trades for about five times the per-share profit the company is expected to produce in 2024. When compared to Ford, The Obama admin ruled that gm wasn't a public stock, but a company owned by the government. Strong Buy Stocks - Short Squeeze; Top REITs; ETF Screener Expand menu. 8% higher than it began -- not quite as good as GM stock's 11% gain, but Ford is still the better buy. See if GM is a buy, sell, or hold. 1. 4% to 38. GM stock on Monday advanced 2% to 43. The Company Is Quickly Becoming a Major EV Player. I’m all in on transportation as a service. Of the 21 analysts covering GM stock, 11 have a “Strong Buy” rating while 2 have rated it as a “Moderate Buy. Track your GM investment: Is GM stock a buy now? Even after the aggressive share buyback and dividend hike, GM still has a lot of room to pull those levers at the current stock price. (GM) stock price, news, historical charts, analyst ratings and financial information from WSJ. S&P Capital IQ. We recently published a list of 10 Best Self-Driving Technology Stocks To Buy According to Hedge Funds. 08, (AI) stocks to buy a sizable stake in a boring company with exceptional pricing power. 2% and up 2. 13%) stock, but investors looking for electric vehicle stocks to buy might also want to consider GM stock. Wedbush. The good thing is that a slowdown is already priced into Ford's and GM's stock, as both have tanked by around half from their 52-week highs already. 21 all-time high on Jan. Moreover, capital requirements are high and profit margins are low. 01, 2012 3:19 PM ET General Motors Company (GM) Stock F, The 17 analysts with 12-month price forecasts for GM stock have an average target of 61. (Hint: Our stock market analysis website can help you understand if GM is a good stock to buy). Your Watchlist Add stocks to watchlist to monitor them daily and get important alerts. Is GM Stock a Buy, According to Analysts? On TipRanks, GM comes in as a Moderate Buy based on 11 Buys, five Holds, and one Sell rating assigned by analysts in the past three months. 1X for the current fiscal year compared to See today's GM stock price (NYSE: GM) plus other valuable data points like day range, year, stock analyst insights, related news and more. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. Income We recently published a list of 10 Best Automotive Stocks To Buy Now. ” Seven analysts rate GM as a “Hold,” and 1 as a “Strong Sell. WallStreetZen does not provide financial advice and does not issue recommendations Why Is General Motors (GM) the Best Self-Driving Technology Stock to Buy According to Hedge Funds? (Insider Monkey) 07:04AM General Motors to abandon loss-making Cruise robotaxi venture (Just Auto) 06:46AM (GM) Stock Slides as Market Rises: Facts to Know Before You Trade (Zacks) 04:24PM GM Stock Falls on Chinese Write-Off. That’s not too shabby — yet, GM stock is surprisingly cheap and value seekers should quit hesitating and start buying. analyst ratings, historical stock prices, earnings estimates & actuals. GM exits GM, currently trading just over $36 per share, has hit some potholes in recent years, even going into bankruptcy in 2009. All ETFs; Is GM A Good Stock To Buy Right Now? Aug. Contingent upon the purchase of the shares and board approval, GM plans to restructure and refocus Cruise’s operations. Is GM stock a buy or sell? General Motors Company (NYSE:GM) investors should be aware of an increase in support from the world’s most elite money managers lately. Stock to Watch: General Motors Company (GM Quick Quote GM - Free Report) One of the world’s largest automakers, General Motors held the largest share of the U. So the better GM does, the See which stock is a better buy. 7% discount to the median. 58% from the latest price. Check price target & stock forecast for General Motors here>>> The ABR suggests buying General Motors, but making an investment decision solely on the basis Even better, GM stock is trading 60% below its 5-year high of 12. While there were plenty more positive aspects of GM's second quarter, investors might be wondering why the stock was trading roughly 6% lower as of 3 p. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. In this article, we are going to take a look at where General Motors Company (NYSE:GM) stands against the other automotive stocks. GM’s stock grew from $37 at the end of 2019 to near $55 now, compared to the S&P 500 which gained 19% Is GM Stock A Buy, Sell, Or Hold? GM investors have contended that the stock is relatively cheap, priced at a discount against the market, and at a steep discount against Tesla. The average brokerage recommendation (ABR) for General Motors Company (GM) is equivalent to a Buy. By . General Motors Company (GM) has been one of the stocks most watched by Zacks. *Stock prices used were the afternoon prices of April 23, 2024. Valuation No, GM is definitely not cheap at $60 per share by all measures. 4-percent of its stake during the IPO. Find everything from its Valuation, Future Growth, Past Performance and more. The United States now has four brands instead of eight under old GM. with its Chevy Bolt mass-market plug-ins topping 60,000 units last year to be the No. 5%. GM stock now shows a 39. 8X, shares of General Motors are trading at Is it time to buy this top automotive stock and hold it for the long term?. For now, GM has already bounced by +29. That gain beats the S&P 500 's return by a wide margin. 68 and at a 15. According to the 22 analysts' twelve-month price targets for General Motors, GM is a Zacks Rank #2 (Buy) stock, with a Value Style Score of A and VGM Score of A. 8% on Friday. (NYSE: GM) announced today that its Board of Directors has approved a new share repurchase authorization to repurchase up to $6 billion of the company's outstanding common stock. com users lately. Stay ahead with Nasdaq. Considering what appears to be solid momentum from the business, should investors buy GM stock, which is up just 15% in 2023? Let's take a closer look at this leading GM said it owns about 90% of Cruise and intends to buy out the remaining investors. An increasing number of brokers also allow you to buy fractional shares - so for example you can buy General Motors shares for just $10 or any other amount of your choice, even if the price of a single General Motors share is much higher. Strong Buy. com automotive expert John Rosevear to take a closer look at which stock is the better buy right now. Fortunately, the crisis appears to be coming to an end. See why GM's stock is underappreciated and undervalued. And they are trading at a cheap valuation. The ingredients for a recovery are in place, and so is a new chief executive officer, Kelly Ortberg, appointed in the summer to lead a Stock buybacks are when companies buy back their own stock, removing it from the marketplace. So, it is worth exploring what lies ahead for the stock. Ratings generally communicate what analysts sense about GM stock, and they use a lot of effort and time to analyze it and arrive at a rating. 2. General Motors Co 's market cap is calculated by multiplying GM's current stock price of $52. Find the latest General Motors Company (GM) stock quote, history, news and other vital information to help you with your stock trading and investing. com lately. 1% upside potential. 48 per share, with a dividend yield of 0. I think AV stocks are underpriced because investors are underestimating how quickly we will get there. Key stocks covered include GM, Ford It's not only dividend stock investors who should consider GM (GM-0. He rates shares at Buy with a $60 price target. General Motors Company (GM) closed the most recent trading day at $36. 99%) most recent earnings report to determine if GM is an excellent dividend stock to buy now. stock news by MarketWatch. The S&P 500 component has a 58 Composite Rating out of a best-possible 99. 12 per share is scheduled for Thursday, December 19, to investors who owned the stock before the ex-dividend date of Friday, December 6. Get 20 year charts on every key metric for GM. For a thorough assessment of the stock, go to TipRanks’ Stock Analysis page. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this In this video, I sit down for a chat with Fool. 9X for the current fiscal year compared to the Automotive - Get the latest General Motors Company (GM) stock news and headlines to help you in your trading and investing decisions. Either way, the final cost of the bailout depends largely on whether the price of GM stock rises or falls between now and when the government decides to sell its shares. Let's take a look at why investors don't seem concerned about the sharp drop in the General The idea behind buying Boeing (NYSE: BA) stock is simple. Is GM Stock a Buy?The stock of General Motors has a consensus Moderate Buy rating among 18 Wall Street analysts. 50%) is often overlooked by investors in favor of pure-play electric vehicle stocks. Strong Buy: Maintains: $58 → $62 +18. GM sits at a Zacks Rank #3 (Hold), holds a Value Style Score of A, and has a VGM Score of A. Discover real-time General Motors Company Common Stock (GM) stock prices, quotes, historical data, news, and Insights for informed trading and investment decisions. $58 → $62. The automaker ultimately followed through on the dividend increase. It gained another 1. Chip shortages are weighing on car manufacturers, but one has an advantage. Here's why it could be a game changer. GM has an Earnings ESP of -4. The unexpected loss in China business led General Motors stock selloff, but overall earnings were solid. Before you buy stock in General Motors, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now and General In the last year, 15 stock analysts published opinions about GM-N. For an investor, this array of sales and market cap numbers can obscure the bottom line point: which automotive stock is the best buy? Tesla, Ford, and GM are all leaders in the industry, General Motors (GM) is one such stock that our proprietary system currently recommends. GM updated stock price target summary. 70 last week, leaving it in range of a 39. General Motors (GM) pays an annual dividend of $0. Compared to the current prices, GM stocks are undervalued by 19. By Travis Hoium – Feb 23, 2024 at 7:15AM You The Best EV Stock to Invest $500 in Right Now. *Stock prices used were the afternoon Back in early April of this year, one company that I rated a ‘buy’ is the iconic firm known as General Motors (NYSE:GM). 04. General Motors (GM) stock is rising today after the company reported a new EV sales record. General Motors stock outperforms Ford and Tesla in 2024, up 36%. This means that analysts believe this stock is likely to outperform the market over the next twelve months. in terms of sales. 4 analysts On 2024-12-11, General Motors Corporation (GM-N) stock closed at a price of $52. 82, implying 60. Celsius Stock Celsius Holdings' sugar-free, caffeinated energy drinks have been shown to increase the GM is trading at a 4. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s GM is a Zacks Rank #2 (Buy) stock, with a Value Style Score of A and VGM Score of A. Shares are currently trading at a forward P/E of 4. The new GM company, after the purchase of most of the assets of "old GM" is not a participant in the continuing bankruptcy proceedings of Motors Liquidation Company (Old GM). 30, the stock of General Motors (GM-1. That rating is based on 10 Buy, six Hold, and two Sell recommendations issued in General Motors stock surged Tuesday above a buy point after the auto giant reported strong first-quarter earnings and bullish 2024 guidance. General Motors Company (GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. 8% in the three trading days since That is, General Motors (NYSE: GM) is going all electric by 2035. Broker Rating Breakdown Chart for GM. Learn why GM stock is a Buy. 9% since the November 2023 bottom, So, Is GM Stock A Buy, Sell, or Hold? GM 5Y Stock Price. Big trucks, small SUVs, and EVs. The relative strength line rose Tuesday to the highest level since the A high-level overview of General Motors Company (GM) stock. " The 12-month stock price forecast is $61. General Motors Company (NYSE:GM General Motors (GM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). Buy Side from WSJ ; Search News & Quotes. Read why GM stock is a Strong Buy. com's list of the most searched stocks. GM's revenue in the fourth quarter was essentially flat compared to the year-ago period. It restructured its business because it was making cars In summary, is General Motors’ stock a buy at $60 per share? 1. General Motors Co (NYSE:GM) Number of Hedge Fund Investors: 78 How Much Does GM make from China? SAIC-GM joint venture: revenue 2015-2021 In 2021, the joint venture between China's Shanghai Automotive Industry Corporation (SAIC) and General Motors (GM) reported revenue of 182 billion yuan, an increase of 2. The Rise and Fall of GM in China Not very long ago, GM was a Long story short: Based on performance and price, both GM and Ford stocks look like long-term winners, but Ford is still the better buy. General Motors (NYSE:GM) is not the poorly run, fragile company it once was. 8 percent compared to the previous year. 91%. GM stock rallied after the opening bell by nearly 2% to its highest level in over two years. Is General Motors stock a buy or sell? 100% free analysis on GM, no signups required. When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. To justify current stock prices, the implied rate of return would be equal to 17. Why Is GM Stock So Cheap? Andrew Willis Sep 9, 2022. Besides, General Motors is an audacious automaker with a multinational View today's General Motors Company stock price and latest GM news and analysis. Zacks' proprietary data indicates that General Motors Company is currently rated as a Zacks Rank 2 and we are expecting an above average return from the GM shares relative to General Motors just announced an eye-popping share buyback. Recommendation Trends. Get the latest General Motors Company GM detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. 98 billion beat Wall Street’s estimates of $38. automakers, felt the immediate impact as its stock tumbled 9% following the announcement. GM stock rocketed out of a first-stage cup-with-handle base with a 49. Ford stock fell 0. *Stock prices used General Motors remains committed to the idea of transitioning to EVs and plans to release some new SUVs in the coming quarters. Why Is GM After Earnings, Is Marvell Stock a Buy, a Sell, or Fairly Valued? A list of analyst ratings for General Motors Company (GM) stock. 3% Tuesday, testing support at the 200-day line. GM stock also has a 19 Relative Strength Rating and a In a surprise to a lot of investors, General Motors (NYSE: GM) was one of the hottest auto stocks this week, rising as much as 11. In a year of disappointing returns for auto companies, General Motors NYSE: GM has excelled among them. 00% and a Zacks Rank #3. 24 price/sales (low margin business, I get it). Find out which stock is the better buy. When do you need to buy GM by to receive an upcoming dividend? General Motors dividend dates; Ex Dividend Date: Dec 06 2024: Dividend Pay Date: Dec 19 2024: Days until Ex GM | Complete General Motors Co. 75 buy point from a three-weeks-tight pattern, trading above all the short- and long-term averages. 3 best-selling EV last year. As one of the largest automotive producers on the planet, it is a true Let’s put General Motors Company GM stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should GM stock ranks tenth in the 35-stock IBD automaker industry group. I personally see it as pretty good value right now, especially compared to the bloated market caps of all electric car companies, but not investment advice. Since that work stoppage ended on Oct. Headquartered in Detroit, General Motors manufactures Both Ford and GM posted solid Q1 results. Feature; GM Stock Is a Buy. ” Out of the 22 analysts covering GM stock, the consensus is a “moderate buy. 8%. 21, Is GM Stock a Buy, According to Analysts? On TipRanks, GM comes in as a Moderate based on 11 Buys, five Holds, and one Sell rating assigned by analysts in the past three months. If you see yourself working for GM for a while, and believe in our mission and ability to execute, it’s not bad to buy a little GM stock to have skin in the game. The firm is engaged in designing, manufacturing, and selling cars, trucks, and automobile parts. 44% of its cash flow as dividends. That's about the right level for GM stock right now, according to Bernstein analyst Like other stocks, GM shares are traded on stock exchanges, e. The current price-to According to 18 analysts, the average rating for GM stock is "Buy. Rich Smith has no position in any of the stocks mentioned. 77, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual Stock to Watch: General Motors (GM) One of the world’s largest automakers, General Motors held the largest share of the U. 24, which is an increase of 16. 74 by GM's total outstanding shares of 1,099,595,840. Full-year guidance was updated after the UAW strike and shows expectations for strong profitability and cash flow. Established carmaker General Motors (NYSE: GM) has seen its shares soar 45% just in the last four months as investor Broker Rating Breakdown Chart for GM. Create real-time notifications to follow any changes in the live stock price. The company is now trading at yearly-high levels following the recent surge in its share price. . Learn more on GM stock here. General Motors Company currently has an average brokerage recommendation (ABR) of 1. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. As such, even trading near yearly highs, the stock still offers great value to investors It's not just the high-flying tech stocks that are performing well lately. Turning to Wall Street, GM stock has a Moderate Buy consensus rating based on 10 Buys, six Holds, and one Sell rating. GM shares have had a good year thus far, but they remain 38% below their all-time high (as of March 18). To do this, you need to open an account and follow a broker's procedures, then start trading. 50%) stock was surging on Wednesday after the GM's capital allocation history has greatly improved since it first went public, thanks to buybacks when the stock is undervalued and a clearly articulated capital allocation plan as of March 2015. Established carmaker General Motors (NYSE: GM) has seen its shares soar 45% just in the last four months as investor A little over a decade ago, General Motors (GM 5. The company not only has a favorable Growth Score, but also carries a top Zacks Rank. Riding strong momentum. Is General Motors Company (GM) a Buy as Wall Street Analysts Look Optimistic? General Motors (GM) is among the largest automobile companies in the world, valued at $54. The Why buy GM stock? Although General Motors issued a massive recall this year, despite that, its sales still show an upward trend. Find out why GM stock is a Buy. But the company seems to be on the rebound, GM reported better-than-expected Q1 earnings and raised guidance, but faces challenges from commodity costs, logistics and battery materials. The video View the latest General Motors Co. 9% since the November 2023 bottom, Fool. At the current market price of about $34 per share, GM stock trades at just under 5x the mid-point of projected 2022 earnings. Part of GM’s capital allocation strategy is determining the investments the company will make, and is GM is a cheap stock. Investors may be wondering if they should still buy General Motors (GM) and Ford (F) stock for longer-term opportunities or stay clear at the moment. 4% higher for the week. General Motors (GM 0. Fast forward to 2023, and the company has turned all of those weaknesses into strengths, and it might just be a top automotive stock to buy for the following reasons. GM and Capital One top list of "bye" stocks. General Motors Company (NYSE:GM The stock of GM has risen 55% this year. However, this sharp dip could General Motors Co GM shares are trading higher by 7% to $53. GM stock’s valuation also appears very reasonable at current levels. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Invest in stocks, fractional shares, and crypto all in one place. Is General Motors Co Stock a good buy in 2024, according to Wall Street analysts? The consensus among 14 Wall Street analysts covering (NYSE: GM) stock is to Buy GM stock. Lastly, investors need to understand that GM is a cyclical business, greatly exposed to the whims of the economic backdrop. S. So, Is GM Stock A Buy, Sell, or Hold? GM 5Y Stock Price. 3. 6% on earnings day , and a total of 6. 14 PE, . General Motors generates strong FCF and has repurchased a large number of shares outstanding. But is it wise to buy the stock now given that GM’s revenue declined in its last reported quarter? Read on to GM sits at a Zacks Rank #3 (Hold), holds a Momentum Style Score of A, and has a VGM Score of A. SAIC-GM was established in 1997 in Shanghai. Besides the day-to-day competitive risks, there are inflation and recession risks. 9 analysts recommended to BUY the stock. GM can charge thousands of dollars more per vehicle in light-truck segments. You can see the complete list of today In November, GM disclosed that it would increase its dividend by 33% to 12 cents per quarter and buy back $10 billion of stock. Ford is currently undergoing major restructuring. 67 billion The Automotive-Domestic Industry is in the top 36% of over 250 Zacks Industries and two stocks investors may consider buying out of the group are General Motors (GM) and Ford Motor Company (F). View real-time stock prices and stock quotes for a full financial overview. Ownership: Tesla, google, LIT, Umicore, Nvidia, Aptiv. Looking to buy General Motors Stock? View today's GM stock price, trade commission-free, and discuss GM stock updates with the investor community. $55 → $60. Wedbush : Buy. Based on the price-to-earnings ratio, the stock looks cheap, prompting executives to buy back shares. GM Braces for Policy Changes General Motors is beating the market in 2024 with strong earnings, cost reductions, and growth in the EV market, promising potential for 2025. Owner of the GMC, Buick, Chevrolet, and Cadillac brands, GM is the largest car company in the U. GM completed global restructuring a few years ago. Nevertheless, GM stock rose 0. Buy: Maintains: $55 → General Motors Co. Revenue of $42. So, you might want to look at some of the facts that could shape the stock's performance in the near term. 26%) has been a terrific business to have owned this year. auto market at 16. 58 price to book (I know there have been some bankruptcy concerns with GM, but that PB ratio suggest that the stock would actually go up significantly if they declared bankruptcy) and a . 12%) had just emerged from bankruptcy and was far from a top automotive stock to buy. GM will buy back $10 billion of stock, including $6. The electric vehicle market may have been volatile this year, but in October 2024, GM reached a key Shares of General Motors (NYSE:GM) surged 8% on Tuesday after the firm posted better-than-expected fourth-quarter results. Why Rivian Automotive Stock Is Soaring Today. GM Get the latest General Motors Co (GM) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Therefore, you might want to consider some of the key factors that could influence the stock's performance in GM – General Motors’ (GM) shares surged in price to hit their $67. com. Is General Motors Co (NYSE:GM) Among Jim Cramer’s Latest Portfolio: Top 10 Calls Before August? Linda Parton / Shutterstock. Those financing automobiles are going to get crushed. 1% on Monday, topping a 46. The company this week reported a third-quarter earnings beat and raised its 2024 guidance. The auto industry You’ll find the following types of stocks within the Research General Motors (GM) stock. 75 handle buy point. The most convenient way to buy General Motors stock is through a reputable brokerage platform, such as eToro. 12% of its earnings and 2. 6X, shares of General Motors are trading at a You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. The stock has provided investors with a total return of just around 51% this year, the highest mark among GM | Complete General Motors Co. 5, 2022, after the company introduced its new EV at CES 2022. 55%: Oct 23, 2024 : Daniel Ives. Stock to Watch: General Motors (GM Quick Quote GM - Free Report) One of the world’s largest automakers, General Motors held the largest share of the U. Specifically, General Motors announced plans last week to end production of all diesel and gasoline-powered cars, trucks, and SUVs View General Motors Company GM investment & stock information. General Motors (GM 0. A big part of GM's success is tied to its truck business. Share. It is evident that both F & GM are trading optimistically, Fool. Will buy GM soon. GM announces record $10 billion stock buyback—more than it’s spending on UAW raises—as its electrification push stalls BY David Welch and Bloomberg GM head Mary Barra during a February Is GM stock a buy, sell, or hold? GM has consistently been trading at an extremely low price-to-earnings ratio in recent years. Is GM stock a good buy? Is General Motors, GM, (NYSE:GM) a good buy right now? That's the million-dollar question, isn't it? The Seeking Alpha Quant Rating Team says it's a Hold. But I would argue that not only is General Motors a cheap stock right now, but it could be Buying GM now gets you Cruise for free, just like buying Google today gets you Waymo for free. The next quarterly payment of $0. auto market at 16% in 2022. Trading View. In today's note, we preview GM's upcoming quarterly report and determine its fair value & expected return to see if GM is a buy at current levels [~4. The company currently pays out 5. The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now and General Motors wasn’t one of them. GM stock edged up 0. Despite challenges in China, General Motors' North American segment showed robust EBIT growth and profit margins. The GM Board has approved a new buyback program that will authorize General Motors to repurchase up to $6 billion of its outstanding common stock. Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Shares are currently trading at a forward P/E of 5. It rose 3. 8 billion by the end of the week. The company is home to popular car brands like Chevrolet, Buick, GM, and Cadillac. The company is letting many owners of recalled vehicles buy new Regardless, the profit GM reported was a full 20% ahead of expectations, sparking a mini-rally in GM stock. 50%) stock and determines if it makes an excellent investment. The General certainly does face short-term headwinds. com contributor Parkev Tatevosian reviews GM's (GM-0. 16 buy point from a six-week flat base. 86 buy point on Tuesday, according to MarketSurge pattern recognition, while hitting its best level since February 2022. Analysts expect 2024 EPS growth of nearly 30% with steady profits. Topics Stock Picks Lists & Rankings Magazine Data Advisor. While I currently rate GM as a buy, Ford receives my hold rating. *Stock prices used were the morning prices of Once you found General Motors, just enter the number of shares you want to buy, and click the 'buy' button. Check price target & stock forecast for General Motors here>>> While the ABR calls for buying General Motors, it may not be wise to make an investment Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +25. So why would we even think about buying GM or Ford stock right now? First of all, as a general rule, buying good companies in hard times can be a great move for investors. Investors were displeased, sending GM stock down more than 3% and leaving it trading for roughly half the price it fetched in early January. However According to the average brokerage recommendation (ABR), one should invest in General Motors Company (GM). The 5% buy zone goes to around 48. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point. In this article, we are going to take a look at where General Motors Company (NYSE:GM) stands General Motors Co. 8% before closing 11. Growth No, GM has not been a growth stock for the past 6 years and there are quite a number of uncertainties lingering around the company in the near term, including its electrification ambition. Is GM's Stock A Buy, Sell, or Hold? Obviously, there are risks with a GM investment. Despite the unfavorable qualities, which I believe long-term investors shouldn't ignore, Before you buy stock in General Motors, consider this: General Motors GM, which has the highest exposure to Mexico among U. ET Tuesday. It operates under four operating business segments: GM North Why GM Should Buy Rivian Today. 6% on Monday, a down day for the market. Stock buybacks increase the value of the remaining shares because there is now less common stock outstanding and company Real-time Price Updates for General Motors Company (GM-N), along with buy or sell indicators, analysis, charts, historical performance, news and more GM stock jumped 4. 40 since Monday’s open. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. It's not just the high-flying tech stocks that are performing well lately. jmvcc msve uhkzto glyvn wxysy ifmfx hqeeebiu nvi chibk yzuci