General Motors Company (NYSE:GM) went up by 0.93% from its latest closing price compared to the recent 1-year high of $62.24. The company’s stock price has collected 0.94% of gains in the last five trading sessions. Barron’s reported on 03/20/21 that Chip Shortage Hits Ford and Others. Investors Don’t Have to Panic Yet.
Is It Worth Investing in General Motors Company (NYSE :GM) Right Now?
General Motors Company (NYSE:GM) scored a price-to-earnings ratio above its average ratio, recording 13.84 x from its present earnings ratio. Plus, the 36-month beta value for GM is at 1.39. Opinions of the stock are interesting as 16 analysts out of 19 who provided ratings for General Motors Company declared the stock was a “buy,” while 1 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $65.92, which is $3.99 above the current price. GM currently public float of 1.37B and currently shorts hold a 1.18% ratio of that float. Today, the average trading volume of GM was 24.47M shares.
GM’s Market Performance
GM stocks went up by 0.94% for the week, with a monthly jump of 14.69% and a quarterly performance of 44.42%, while its annual performance rate touched 237.78%. The volatility ratio for the week stands at 4.27% while the volatility levels for the past 30 days are set at 4.22% for General Motors Company. The simple moving average for the period of the last 20 days is 9.58% for GM stocks with a simple moving average of 58.30% for the last 200 days.
Analysts’ Opinion of GM
Many brokerage firms have already submitted their reports for GM stocks, with Argus repeating the rating for GM by listing it as a “Buy.” The predicted price for GM in the upcoming period, according to Argus is $56 based on the research report published on January 14th of the current year 2021.
Nomura, on the other hand, stated in their research note that they expect to see GM reach a price target of $60, previously predicting the price at $27. The rating they have provided for GM stocks is “Buy” according to the report published on January 13th, 2021.
The Benchmark Company gave a rating of “Buy” to GM, setting the target price at $51 in the report published on December 21st of the previous year.
GM Trading at 13.19% from the 50-Day Moving Average
After a stumble in the market that brought GM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.89% of loss for the given period.
Volatility was left at 4.22%, however, over the last 30 days, the volatility rate increased by 4.27%, as shares surge +13.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.18% upper at present.
During the last 5 trading sessions, GM rose by +0.94%, which changed the moving average for the period of 200-days by +105.78% in comparison to the 20-day moving average, which settled at $54.95. In addition, General Motors Company saw 43.66% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at GM starting from Parks Douglas L, who sale 97,411 shares at the price of $59.00 back on Mar 15. After this action, Parks Douglas L now owns 26,808 shares of General Motors Company, valued at $5,747,159 using the latest closing price.
Blissett Julian G., the Executive Vice President of General Motors Company, sale 30,976 shares at $55.83 during a trade that took place back on Mar 12, which means that Blissett Julian G. is holding 34,393 shares at $1,729,390 based on the most recent closing price.
Stock Fundamentals for GM
Current profitability levels for the company are sitting at:
- +5.99 for the present operating margin
- +16.80 for the gross margin
The net margin for General Motors Company stands at +5.25. The total capital return value is set at 4.71, while invested capital returns managed to touch 5.64. Equity return is now at value 14.90, with 2.60 for asset returns.
Based on General Motors Company (GM), the company’s capital structure generated 246.66 points at debt to equity in total, while total debt to capital is 71.15. Total debt to assets is 47.23, with long-term debt to equity ratio resting at 164.22. Finally, the long-term debt to capital ratio is 47.37.
When we switch over and look at the enterprise to sales, we see a ratio of 1.18, with the company’s debt to enterprise value settled at 0.77. The receivables turnover for the company is 3.62 and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.01.