Is General Motors Corporation a Growth Stock Again?

Is General Motors Corporation a Growth Stock Again?

Is General Motors Corporation a Growth Stock Again?

Pretax profits dropped in North America, from $12.4 billion to just under $12 billion, and the profit-sharing checks will represent a slight dip from the $12,000 a year ago. The business is expected to report its next quarterly earnings report after the market closes on Wednesday, January 24th.

Analysts believe that the company has the potential to earn average revenue of $34.11 Billion for the current quarter. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. It is down 4.11% since February 7, 2017 and is downtrending.

According to 23 analysts, the Average Revenue Estimate for the current Fiscal quarter is $572.74 Million and the Low Revenue estimate is $542 Million, while the High Revenue estimate is $603.2 Million. General Motors had a return on equity of 20.95% and a net margin of 2.00%. This means that analysts are more bullish on the forecast for F stock.

"I think the important aspect is to look at the operating results and what I would say is another very strong, and actually great, fourth quarter and a great year", CFO Chuck Stevens said in an earnings call.

F has been the topic of several research reports. Rampart Inv Com Lc invested 0.23% of its portfolio in General Motors Company (NYSE:GM).

The collective rating of 3 for Ford Motor Company (NYSE:F) also leans strongly towards the neutral end of the spectrum.

Basically, a price target is an individual analyst's projection on the future price of a stock. Checchi Capital Advisers LLC now owns 12,869 shares of the auto manufacturer's stock valued at $528,000 after purchasing an additional 1,878 shares during the last quarter. Finally, ValuEngine upgraded Ford Motor from a "hold" rating to a "buy" rating in a research note on Monday, October 2nd. The recommendation scale measures the value from 1 to 5, where 1 means "Buy" and 5 stands for "Sell".

What Analyst Suggest For General Motors Company (GM)? . Addison Capital Company sold 45,052 shares as the company's stock declined 12.09% while stock markets rallied. The company has a current ratio of 1.23, a quick ratio of 1.12 and a debt-to-equity ratio of 2.94.

General Motors (GM) said on Tuesday a richer mix of full-size pickups and mid-size SUVs in North America should help it offset higher commodity costs in 2018 and maintain pretax margins above 10 percent. (NASDAQ:PTLA). California Employees Retirement Systems holds 0% or 40,500 shares in its portfolio. Although it lost $4.9 billion on a GAAP basis, using standard accounting rules, it said it had EBITDA of $3.1 billion non-GAAP. Ford Motor's dividend payout ratio is now 54.55%. Also, insider Barry L. Engle II sold 50,443 shares of the stock in a transaction dated Tuesday, January 16th. They now have a $12.00 price objective on the auto manufacturer's stock. Following the sale, the insider now owns 14,358 shares in the company, valued at approximately $186,654. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Berenberg downgraded the shares of WFC in report on Friday, July 21 to "Sell" rating. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows "Sell" signal. The disclosure for this sale can be found here. The stock increased 4.02% or $1.86 during the last trading session, reaching $48.15. The rating was maintained by FBR Capital with "Outperform" on Friday, February 12. The most recent bid on the stock was registered at $10.24. BlueMountain Capital Management LLC increased its holdings in shares of Ford Motor by 92.9% during the 2nd quarter. YorkBridge Wealth Partners LLC increased its holdings in General Motors by 43.5% in the 2nd quarter. The stock has a market capitalization of $59,460.00, a PE ratio of -1,408.17, a price-to-earnings-growth ratio of 0.69 and a beta of 1.59. Dimensional Fund Advisors LP now owns 39,609,473 shares of the auto manufacturer's stock valued at $474,123,000 after acquiring an additional 410,123 shares in the last quarter. Raymond James Na accumulated 44,861 shares. Bank of New York Mellon Corp lifted its stake in Ford Motor by 7.6% in the 3rd quarter. Dillon And Assoc Inc holds 0.08% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 3,775 shares.

Related news