General Motors' Buy Stock Recommendation Reaffirmed at Citigroup

Posted October 04, 2017

Based on a recent trade, the shares are 3.59% away from the 52-week high and 39.52% from the 52-week low.

General Motors Company (NYSE:GM) last released its quarterly earnings data on Friday, April 28th. Royal Bank Of Canada reiterated a "buy" rating and issued a $13.00 price objective on shares of Ford Motor in a report on Monday, September 18th. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. The stock of General Motors Company (NYSE:GM) earned "Hold" rating by Barclays Capital on Monday, September 21. The company now has a consensus rating of Buy and an average price target of $39.76.

03/29/2017 - General Motors Company had its "in-line" rating reiterated by analysts at Evercore ISI. A high current ratio indicates that the company might have trouble managing their working capital. The 50 day moving average moved up $1.02 whereas the 200 day average was up by +9.46%. 33817353 shares were traded on General Motors Company's last session. Airain Ltd accumulated 53,295 shares or 0.09% of the stock. Before the open, the company reported auto sales were up 8.7 percent, which was considerably above the Street's estimates. Franklin Parlapiano Turner & Welch bought a new stake in stocks of General Motors during the Q1 valued about $106,000.

AZZ Inc (AZZ) slumped 2.1% or $1.05 to $49.15 after the electrical equipment and engineered services provider said revenues in the second-quarter ending in August fell 2.4% from a year ago to $190.4 million. The company's EPS growth for the following year is valued at -2.92%, indicating an EPS value of 5.60% for the past 5 years, and an EPS value of 8.30% for the coming five years. The consensus recommendation for stock is 2.60. The firm earned "Neutral" rating on Wednesday, October 26 by Bank of America. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and global copyright and trademark legislation. The firm has "Hold" rating given on Thursday, May 25 by Deutsche Bank. Additionally General Motors Company recently announced a dividend which was paid on Friday the 23rd of June 2017.

Investors sentiment decreased to 0.86 in 2017 Q2. The ex-dividend date was Thursday the 20th of July 2017. General Motors's payout ratio is now 26.48%.

GM shares jumped 2 percent to a record Tuesday after the call and are now up 24 percent for the year, compared with the S&P 500's 13 percent return. The stock was purchased at an average price of $34.73 per share, for a total transaction of $347,300.00. The F-Score may help discover companies with strengthening balance sheets. The acquisition was mentioned in a legal filing with Securities and Exchange Commission, which can be accessed through the Security and Exchange Commission website. Also, VP Thomas S. Timko sold 17,255 shares of the business's stock in a transaction on Friday, July 28th. The disclosure for this sale can be found here. Moreover, Clean Yield Group has 1.33% invested in the company for 57,743 shares.

Institutional investors have recently modified their holdings of the company. FNY Managed Accounts LLC acquired a new position in General Motors in the first quarter valued at approximately $107,000.

Currently, the stock carries a price to earnings ratio of 25.12, a price to book ratio of 3.67, and a price to sales ratio of 2.86. State of Alaska Department of Revenue lifted its stake in General Motors by 10.5% in the 2nd quarter. Meeder Asset Inc holds 0.59% of its portfolio in General Motors Company (NYSE:GM) for 175,993 shares. The value of the investment in (F) went from $2,357,000 to $1,628,000,000 a change of 68,970.9% quarter over quarter. Natl Pension Serv holds 0.25% or 1.20M shares in its portfolio.

The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions. The Company's segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc (GM Financial). Marietta Investment Ptnrs Ltd invested 0.42% of its portfolio in General Motors Company (NYSE:GM).