Stock Tracker: Earnings & Estimates for General Motors Company (NYSE:GM)

Violet Tucker
July 5, 2017

Jeep brand sales in the month plunged 11% to 73,153 vehicles and Chrysler brand sales declined 15% to 19,741 vehicles.

A steady decline in the sale of small cars and sedans in the first half of 2017 has the industry anxious, according to a Tuesday report in USA Today. The company has market cap of $1.47 billion.

Be in the know and enjoy the benefit of one-click access to the Republican-American.Click into our Express Log In and each day's top stories will keep yourself informed, engaged, and entertained with valuable real news from your town. If you are reading this story on another publication, it was stolen and republished in violation of U.S. and global copyright & trademark legislation. During the same quarter in the prior year, the business earned $1.26 earnings per share.

Analysts await General Motors Company (NYSE:GM) to report earnings on July, 20. Jefferies Group LLC reaffirmed a "hold" rating and set a $12.00 price objective on shares of Ford Motor Company in a research note on Monday, May 22nd.

The Detroit Three - General Motors, Ford and Fiat Chrysler - all suffered a recent sale slowdown. At the time of writing, the First Call consensus price target for the company is $39.50.

Multiple company employees have indulged in significant insider trading. They set an "overweight" rating and a $40.00 target price for the company. Chicago-based equity research firm Zacks Investment Research has assigned this stock ABR (Average Brokerage Recommendation) of 2.53, suggesting the market has given up on the stock. The company has an average rating of "Hold" and an average target price of $13.41.

Stock Tracker: Earnings & Estimates for General Motors Company (NYSE:GM)
Stock Tracker: Earnings & Estimates for General Motors Company (NYSE:GM)

The stock shows a Short Ratio of 3.32 with the total number of Shares Short (Previous Month) of 140.63 Million. The company has a 50 day moving average price of $11.09 and a 200 day moving average price of $11.87. Bbva Compass Bancshares Inc. raised its stake in shares of Ford Motor Company by 12.2% in the first quarter. The stock stands almost -17.25% off versus the 52-week high and 8.46% away from the 52-week low. It dived, as 73 investors sold GM shares while 302 reduced holdings. Norges Bank bought a new stake in General Motors Company during the fourth quarter valued at approximately $300,495,000. FTB Advisors Inc. raised its stake in shares of Ford Motor Company by 9.7% in the first quarter. The fund owned 24,070 shares of the auto manufacturer's stock after buying an additional 22 shares during the period. Prudential Financial Inc. boosted its stake in General Motors Company by 129.2% in the first quarter. Ameriprise Financial Inc. now owns 5,488,334 shares of the auto manufacturer's stock worth $194,032,000 after buying an additional 938,459 shares in the last quarter. FTB Advisors Inc. now owns 28,006 shares of the auto manufacturer's stock worth $325,000 after buying an additional 2,478 shares during the last quarter. North Star Investment Management Corp. now owns 5,215 shares of the auto manufacturer's stock worth $184,000 after buying an additional 42 shares during the last quarter. The Stock now has a Weekly Volatility of 1.15% and Monthly Volatility of 1.41%. The fund owned 37,489 shares of the auto manufacturer's stock after selling 3,996 shares during the period. Also, insider Karl-Thomas Neumann sold 46,472 shares of the business's stock in a transaction on Monday, May 22nd. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock.

Total cash per share on the most recent quarter is 7.04.

Tightening the gaze, stock performance for the last 5 trading days is 1.15%. The stock rose 2.95% or $0.33 reaching $11.52.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 23rd. The ex-dividend date of this dividend is Wednesday, June 7th. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has invested 0.14% in Ford Motor Company (NYSE:F).

General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts.

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