Published: Sat, January 14, 2017
Science | By Boyd Webster

Earnings Estimates Revision Screen: General Motors Company (NYSE:GM)

Earnings Estimates Revision Screen: General Motors Company (NYSE:GM)

The stock had a trading capacity of 40.42M shares.

Several other large investors have also modified their holdings of GM. TrueNorth Inc. bought a new stake in shares of Ford Motor Company during the third quarter valued at approximately $720,000. LLC now owns 4,257 shares of the auto manufacturer's stock worth $135,000 after buying an additional 3,228 shares during the last quarter. "Underperform" verdict was provided by 1 analysts and "Overweight" verdict was shared by 6 analysts.

Many analysts are providing their Estimated Earnings analysis for General Motors Company and for the current quarter 19 analysts have projected that the stock could give an Average Earnings estimate of $1.17/share. (The) set a $12.00 price target on Ford Motor Company (NYSE:F) in a research report sent to investors on Wednesday morning. Similarly, the positive performance for the quarter recorded as -8.59% and for the year was 7.03%, while the YTD performance remained at 0.63%. BMO Capital Markets assumed coverage on General Motors Company in a report on Tuesday, December 20th.

Shares of General Motors Company (NYSE:GM) opened at 37.51 on Friday. The company had Year Ago Sales of 39.62 Billion. The company's 50-day moving average price is $12.55 and its 200 day moving average price is $12.40. Ford Motor Company has a 52 week low of $11.02 and a 52 week high of $14.22.

Ford Motor Company (NYSE:F) and Ford Motor Credit Company will release preliminary 2016 fourth quarter and full-year financial results at 7 a.m. EST Thursday, Jan. 26. The auto manufacturer reported $1.72 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.44 by $0.28. The company earned $35.90 billion during the quarter, compared to analyst estimates of $32.70 billion. For the next 5 years, General Motors Company is expecting Growth of 8.4% per annum, whereas in the past 5 years the growth was 19.51% per annum. The Company's principal business includes designing, manufacturing, marketing, financing, and servicing a line of Ford cars, trucks, sports utility vehicles (SUVs), and electrified vehicles, as well as Lincoln luxury vehicles. Analysts have a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 1st. The insider owns 210,354 shares as of less than 0.1%, now worth $7890378.54. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.01%.

TRADEMARK VIOLATION WARNING: "State of Wisconsin Investment Board Has $52,802,000 Stake in General Motors Company (GM)" was posted by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of US and worldwide copyright and trademark laws. Chou Associates Management Inc. bought a new stake in General Motors Company during the second quarter valued at $136,000.

A number of brokerages have recently commented on GM.

The consensus recommendation for General Motors Company (NYSE:GM) is 2.33. Company net profit margin stands at 17.60% whereas its Gross Margin is 95.80%. Morgan Stanley upgraded General Motors Company from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $29.00 to $37.00 in a report on Monday, September 19th. General Motors Company P/E (price to earnings) ratio is 4.29 and Forward P/E ratio of 6.56. And a quick view of analyst notes show that 6 are rating the stock a buy while 3 rate GM a strong buy. Baystate Wealth Management added GM to its portfolio by purchasing 47 company shares during the most recent quarter which is valued at $1,710.Deimos Asset Management reduced its stake in GM by selling 2,200 shares or 11.28% in the most recent quarter. Following the completion of the transaction, the insider now directly owns 503,246 shares in the company, valued at $5,968,497.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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